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Verisae Expands Software Offering to Include Demand Response Solutions

Southern California Edison and PJM Territories Added to Program Offerings

Verisae Expands Software Offering to Include Demand Response Solutions

Southern California Edison and PJM Territories Added to Program Offerings

Published 06-02-09

Submitted by Verisae, Inc.

On Demand Sustainability

MINNEAPOLIS, MN - June 2, 2009 - Verisae, a web-enabled clean technology software and services company, announced today they have received their certification to serve as a demand response aggregator in Southern California Edison and PJM Territories.

Verisae's demand response offering is part of the company's Enterprise Energy Management suite of software that includes utility bill processing, real-time energy monitoring, carbon foot printing and emissions tracking. Demand response programs are designed to maintain a reliable electricity grid as well as offer extra capacity to the energy market during peak times. Customers that participate curtail their energy consumption when the utility calls a critical event and as a result, they are paid for that contribution. Reducing energy load during these critical periods is key to alleviating power shortages, saving money and reducing greenhouse gas emissions. The Verisae Active Energy Response software and services provide an automated solution for multi-site building owners to manage and track demand response events. It can be integrated with a variety of site metering and control systems.

"Active Energy Response and our certification in SCE and PJM territories will be a great value to our existing and new customers with sites located in these regions.", said Dan Johnson, CEO of Verisae. "Demand Response offers our customers an opportunity to help their community by helping to keep the electricity grid reliable, lowering energy use and impact on the environment plus receiving a financial reward for these sound practices."

About Verisae
Verisae (www.verisae.com) is a leading supplier of clean technology software and services with offices in the US, UK, and Asia. Verisae's enterprise energy management and enterprise refrigerant management software are main components for reducing Carbon Footprints for multi-site operators. Software products include: enterprise carbon footprint, enterprise asset management, maintenance management, enterprise energy management, service automation, and electronic payment of service providers. Verisae provides services including energy surveys, demand management analysis and implementation, and consulting to assure an effective implementation of the solutions.

Verisae, Inc. logo

Verisae, Inc.

Verisae, Inc.

Verisae is a world-wide supplier of clean technology software and professional services with offices in the US and the UK providing energy management and facility automation solutions.

Verisae's proven Sustainability Resource Planning (SRP) platform improves operational efficiency, makes sustainability initiatives actionable, and reduces energy costs and emissions for distributed enterprises. We deliver a broad range of sustainability solutions to OVER 44 GLOBAL CUSTOMERS with a service network of 7,400+ THIRD-PARTY PROVIDERS consisting of 63,000 SYSTEM USERS. Our integrated platform actively tracks over 2.4 MILLION MANAGED ASSETS across 21,000 SITES. We help measure, manage and monetize energy costs and carbon emissions. We are uniquely position to help organizations prove return on investment (ROI) sustainability initiatives.

Verisae started in 2000, and began providing Sustainability OnDemand™ software. To Verisae, "sustainability" is defined as the best use of assets over the life of those assets. We provide an ASP model hosted application serving multi-site enterprises.

Our sustainability solutions are comprised of modular applications under the broad categories of Asset Management and Energy & Emissions Management. While the modules are separate, they are not necessarily distinct. Underneath Energy & Emissions, our applications provide a broad set of capabilities including real time energy monitoring, utility bill processing and payment, Active Energy Response™, Energy asset surveys, energy load surveys, Active Energy Dispatch™, and Rebate and Incentive Libraries. Our core competencies consist of hosted sustainability software applications serving multi-site clients. www.verisae.com

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