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GreenWave Reality Selected by Global Cleantech Cluster Association as 2012 Later Stage Award Top 30 Finalist

September 6, 2012

COPENHAGEN, IRVINE, Calif., Sept. 6, 2012 /PRNewswire-iReach/ — September 6, 2012 – GreenWave Reality today announced that it has been chosen by the Global Cleantech Cluster Association (GCCA) as a 2012 Later Stage Award Top 30 semi-finalist. Inclusion in the GCCA Global Top 30 reflects the business growth and market position of the company in the Smart Grid/ Sustainable IT sector, and signifies its novel approaches and technologies are making an impact in the consistently-rising green economy. GreenWave Reality was nominated for the GCCA Later Stage Award by Copenhagen Cleantech Cluster in May 2012 for its innovative Home Energy Management, Utility Portal, Connected Lighting and Smart Home services.

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GreenWave Reality’s business model, market position, and potential at creating and securing market traction (among other criteria) qualified it to be a GCCA Later Stage Award 2012 Global Top 30 Finalist. GreenWave Reality, along with the other 2012 Global Top 30 companies, will be honored at the GCCA’s Later Stage Award Dinner, held in conjunction with the Savannah International Clean Energy Conference, on November 12, 2012. The 2012 Later Stage Award is sponsored by Deloitte.

Winners of the 2012 GCCA Later Stage Award will present their companies at the Savannah International Clean Energy Conference (November 11- 13). The event is set to be a global gathering of the top-tier cleantech and energy professionals from across the globe. Keynotes and panel topics will explore the significance and worldwide impact of clean energy independence, clean technologies and economic growth. The conference is presented in collaboration with CleanTech Connections, The Pendleton Consulting Group, Stephen Green, incoming chair of the Georgia Chamber of Commerce and Watershed Capital Group.

“The Top 30 companies have a proven track record of promoting and increasing the use of green technology in their home markets,” adds Shawn Lesser, Co-Founder of the GCCA. “With a goal to advance the global use of clean energy and products, we are committed to spotlighting these innovative companies on a world stage.”

The GCCA Later Stage Award Global Top 30 Finalists were selected out of the 4000 companies represented by the GCCA’s 45 member clusters. The Top 30 finalists were screened for investment grade using a Keystone Method(TM), a business and venture development tool that has been reliably used since 2006. The Keystone Method was developed by GCCA Head Judge Dr. Peter Adriaens and CleanTech Acceleration Partners at the University of Michigan.

“Choosing 30 companies out of this year’s 200 nominations was an extremely competitive process,” said Ben Taube, Chairman of the GCCA. “These Top 30 Finalists represent a premier group of rising stars in the clean technology industry.”

GreenWave Reality provides an award-winning, end-to-end solution including: Home energy Management, Utility Portal, Connected Lighting and Smart Home services, that are differentiated from all other offerings by our industry-leading interfaces and focus on consumer experience that provide improved lifestyles. The unique Gateway that sits at the heart of the GreenWave Reality solution is based on an industry-standard TCP/IP platform that allows for communication with many different wireless products through a secure solution.

“GreenWave Reality is very proud to have been selected as a finalist for this prestigious award,” said Martin Manniche, Chairman and Co-Founder, GreenWave Reality. “As GreenWave Reality is a truly global company with customer engagements in Europe, Asia and the US, being recognized by the Global Cleantech organization is a significant honor and accomplishment.”

A full list of all the GCCA Later Stage Award 2011 Global Top 30 Finalists can be found at: http://www.globalcleantech.org/awards/2012-global-top-30/

About GreenWave Reality

GreenWave Reality is a global innovator in the Smart Home Services market that includes Energy Management, Connected Lighting, and Home Monitoring services. The award-winning GreenWave Reality solution delivers a breakthrough consumer experience, making it easy to conserve energy, save money and enhance lifestyles. The Smart Home monitoring and control platform is highly-secure and scalable, allowing utilities and service providers to confidently provide these capabilities to a large number of customers. GreenWave Reality’s funding is led by Craton Equity Partners, a Los Angeles-based cleantech fund, and has also received support from the Singapore Economic Development Board (EDB). GreenWave Reality has offices worldwide including Irvine, Copenhagen, and Singapore.

GreenWave Reality — Make a difference now!

http://www.greenwavereality.com

About the Global Cleantech Cluster Association

Global Cleantech is a non-profit association, headquartered in Atlanta, Georgia, U.S. that creates conduits for companies to harness the tremendous benefits of international cleantech cluster collaboration in an efficient, affordable, and structured way. Global Cleantech provides a gateway for established and emerging cleantech companies to gain exposure to potential investors, new markets, influential networks, innovative technologies and best practices. GCCA was founded by the Finnish Cleantech Cluster, Skipso, swisscleantech, Technica Communications and Watershed Capital Group. For more information about Global Cleantech, please visit www.globalcleantech.org.

Media Contact: Lance Hoffman GreenWave Reality, 949-463-4455, lance@greenwavereality.com

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