BOSTON, Feb. 07, 2017 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS) and demand response solutions, announced today that its energy procurement platform has been honored with Energy Manager Today's Product of the Year Award. The award is designed to celebrate achievements in energy management that show innovation, efficiency, reliability, and contribution to the bottom line.
EnerNOC's energy procurement platform enables businesses to source energy at the most competitive price, manage market risk, and centralize contract management. The platform's reverse auction functionality was highlighted by the judges as truly differentiated. This reverse auction technology provides an open, transparent forum where retail suppliers compete for customers' supply contracts in real-time, ensuring that EnerNOC's customers get the best possible price for energy.
"EnerNOC's energy procurement platform has helped thousands of businesses get the most competitive price for energy. On average, our customers save 13 percent when transacting on the platform versus traditional paper-based RFPs," said Jackie Bliss, General Manager, Procurement at EnerNOC. "But technology is only one part of the solution. Our team of industry experts help customers design energy procurement strategies tailored specifically to their risk tolerance and budget requirements."
For more information about EnerNOC's procurement solutions, please visit www.enernoc.com.
EnerNOC is a leading provider of energy intelligence software (EIS) and demand response solutions. With capabilities to better address budgets and procurement, utility bill management, facility analysis and optimization, sustainability and reporting, project tracking, and demand management, EnerNOC's SaaS platform helps enterprises control energy costs, mitigate risk, and streamline compliance and sustainability reporting. EnerNOC also offers access to more demand response programs worldwide than any other provider, offering enterprises a valuable payment stream to further enhance bottom line results and utilities and grid operators a reliable, cost-effective demand-side resource. 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 future growth and success of the Company's demand response solutions and energy intelligence software, the ability of the Company's utility customers to derive cost-effective benefits from such solutions, and the growth of the global demand response market overall, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. 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 most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, 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, the Company'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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