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Site Controls Announces Asset Acquisition of Excel Energy Technologies

Posted on: Thursday, 24 July 2008, 09:01 CDT

Site Controls, the leading provider of enterprise energy management, facilities intelligence and grid efficiency solutions, today announced the asset acquisition of Excel Energy Technologies, including its Ikanosphere(TM) energy management solution for retail chains.

Site Controls currently operates at thousands of client locations, monitoring nearly 300,000 endpoints for leading retailers. Through its September 2007 joint venture with Ecolab (see press release), Site Controls is expanding its presence in the restaurant, fitness and hospitality markets. The acquisition of Excel Energy Technologies will bring additional well-known companies into Site Controls' customer base, including Hastings Entertainment and The Sports Authority.

With the purchase, Site Controls will acquire intellectual property and technology from Excel Energy that will further enhance the capabilities of Site-Command(TM), a proven energy management solution designed specifically for chain retailers, drug stores and branch banking. Site-Command lowers energy and maintenance expenses without sacrificing the customer experience by enabling centralized monitoring and management of lighting, air conditioning and other equipment across hundreds or thousands of locations.

Site Controls also provides Intelligent Load Management(TM) (ILM) technology that allows companies to generate cash payments through utility-sponsored Demand Response programs to temporarily reduce electricity usage, alleviating stress on the power grid.

"Excel Energy Technologies brings valuable technology and industry experience that will enable us to further enhance our capabilities," said Dan Sharplin, CEO, Site Controls. "Their retail focus aligns well with Site Controls' and will expand our market share and presence in the industry."

"We are happy to join the Site Controls team and align our shared goal of helping retailers realize significant cost savings while reducing their carbon footprint," said Brad Karp, CEO, Excel Energy Technologies. "Site Controls is a recognized leader in facilities management and energy efficiency solutions, and we are confident that the work we've done will contribute significantly in making their solution even more valuable to its customers and competitive in the market."

About Site Controls

Site Controls provides enterprise-wide energy management, facilities intelligence, and grid efficiency solutions to commercial customers and power suppliers. The company's solutions incorporate energy efficiency, corporate social responsibility, comfort and controls, operational intelligence, and demand response services. Site Controls' proven record of delivering value is demonstrated at over 2,000 client sites representing hundreds of megawatts of electrical load under management. For more information, visit www.sitecontrols.com.

Source: Business Wire

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