On Demand Sustainability

MINNEAPOLIS, MN. - June 28, 2007 - Verisae, a web-enabled clean technology software and services company, announced today Environmental Compliance Software for the UK and European Markets. Enterprise Refrigerant Manager (ERM) is a web-based software program allowing users to track refrigerants based on EC Regulation 842/2006 in the UK and European Union.

The law complies with Kyoto Protocol requirements for Greenhouse Gas reductions. The new software focuses on multi-site owners with a high concentration of refrigerants in their facilities, such as Food Retailers.

The new regulations require owners of most fluorinated greenhouse gases to track leaks, disposal and repair of systems. The regulations effect Commercial Refrigeration, HVAC and Fire Protection systems over 3kg. Verisae’s ERM software allow users to ensure prompt leakage repairs systematic leak checking, verification for calibrated leak detection devices for systems, and proper record keeping to ensure technicians are certified.

Verisae’s new system allows for exception based reporting and user defined roles within the constraints of the new regulations. "It is the most comprehensive way for an Enterprise to gain compliance, reduce greenhouse gas emissions, and lower costs", said Ted Gartland, Director of Refrigerants and Environmental Compliance for Verisae. "Government regulations are becoming increasing stringent on any chemical with a negative Global Warming impact."

"Retailers are searching for ways to enhance their Corporate Social Responsibility (CSR) and have a positive impact to the large bottom line impact," said Paul Wickberg, President and Chief Operating
Officer of Verisae. "Our clients want to comply with the new laws, but also want to lower their Carbon Footprint and reduce expenses. This new software program allows them to do both."

Several retailers have chosen Verisae’s ERM software in the US where the EPA Clean Air Act mandates similar restrictions on refrigerants. The European version of ERM complies strictly with EU laws. Learn more about the UK Department of Environment Food and Rural Affairs (defra) guidance on EC Regulation 842/2006.

Verisae is committed to helping its customers achieve superior standards of environmental compliance and lower CO2 emissions from their buildings. In doing so, these customers will reap financial rewards and position themselves as environmentally responsible stewards.

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 software lowers retailers operating costs and refrigerant management software meets global refrigerant compliance requirements. Products include: asset management, greenhouse gas emissions management, enterprise energy management, service automation, and electronic payment of service providers. Verisae provides services including site asset and energy surveys, refrigerant inventory surveys, and consulting to assure effective implementation of the solutions.

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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