BOSTON, MA, February 11, 2008 – EnerNOC, Inc. (NASDAQ: ENOC), a leading developer and provider of clean and intelligent energy solutions, announced today that Cabot Creamery Cooperative and The Newark Group have each been honored by ISO New England with a 2007 Demand Response Achievement Award. The award recognizes successful energy management initiatives that help create a more efficient and reliable electric power grid in New England.
"Customers, like Cabot Creamery Cooperative and The Newark Group, that participate in our growing, national demand response network enable us to help grid operators and utilities better manage our nation's electric power grid infrastructure and alleviate the need to build new, carbon-emitting power plants," said David Brewster, EnerNOC's president.
EnerNOC employs its award-winning technology to remotely monitor and manage energy usage across a network of thousands of commercial, institutional, and industrial customer sites. In addition to using information technology to increase energy efficiency, EnerNOC curtails electricity consumption at customer sites during periods of peak demand to help optimize the balance of electric supply and demand. By doing so, EnerNOC helps reduce the risk of brownouts and blackouts and generates financial incentives for participating customers in demand response programs, such as those sponsored by ISO New England.
About Cabot Creamery Cooperative
Cabot Creamery Cooperative has been in continuous operation in Vermont since 1919 and makes a full line of cheese, yogurt, sour cream, cottage cheese, and butter. Best known as makers of “The World’s Best Cheddar,” Cabot is owned by the dairy farm families of Agri-Mark, the Northeast’s premier dairy cooperative. For additional information on Cabot Creamery, please visit www.cabotcheese.coop
About The Newark Group
The Newark Group, founded in 1912, is an integrated global producer of 100% recycled paperboard and paperboard products with significant manufacturing and marketing operations in North America and Europe. The Newark Group operates business in three segments—Paperboard, Converted Products and International—and categorizes our products into five product lines: (1) Recovered Paper, (2) 100% Recycled Paperboard, (3) Laminated Products and Graphicboard, (4) Tube, Core and Allied Products, and (5) Solidboard Packaging Products. For more information, please visit http://www.newarkgroup.com.
About EnerNOC
EnerNOC, Inc. is a leading developer and provider of clean and intelligent energy solutions to commercial, institutional, and industrial customers, as well as electric power grid operators and utilities. EnerNOC's technology-enabled demand response and energy management solutions help optimize the balance of electric supply and demand. The Company uses its Network Operations Center, or NOC, to remotely manage and reduce electricity consumption across a network of commercial, institutional, and industrial customer sites and make demand response capacity and energy available to grid operators and utilities on demand. For more information visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the success of EnerNOC’s business, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section “Risk Factors” in EnerNOC’s final prospectus, as filed with the Securities and Exchange Commission on November 14, 2007, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, EnerNOC’s actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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