BuildingIQ and Johnson Controls to offer Predictive Energy Optimization™ through Panoptix™ Platform

  BuildingIQ and Johnson Controls to offer Predictive Energy Optimization™
  through Panoptix™ Platform

     Innovative new platform will host next generation energy efficiency
          applications to ease the path to the Intelligent Building

Business Wire

SAN FRANCISCO -- November 13, 2012

BuildingIQ, a leading energy management software company with a mission to
redefine the way energy is managed in commercial buildings, today announced it
has partnered with Johnson Controls to bring its applications onto the new
Panoptix™ platform. Using Panoptix, Johnson Controls customers will be able to
access BuildingIQ to automatically reduce energy consumption and costs while
improving the operational efficiency of a building and facility managers.

BuildingIQ offers a unique, next generation service to automatically fine tune
the building management system (BMS) based on weather forecasts, occupancy
patterns and energy prices in order to optimize HVAC energy. The Panoptix
Platform will provide cloud-based access to energy data and manage the
interface to the BMS to streamline the implementation of BuildingIQ for
customers across their portfolios. Customers will be able to purchase a
monthly subscription to BuildingIQ through Panoptix as well.

BuildingIQ will be the first application on Panoptix to enable real-time
control of the BMS in order to directly reduce energy use and peak loads.

“The Panoptix software development community provides the building data, tools
and support to enable software companies such as BuildingIQ to reduce the time
and complexity of deployment while helping them access a broader market of
building owners and operators,” said Laura Farnham, vice president of building
technology and service at Johnson Controls. “The BuildingIQ predictive energy
optimization service adds great value to owners looking for the next
generation of building energy efficiency.”

“We are excited to be working with Johnson Controls, a leader in our industry
with an exciting vision for the future,” said Michael Zimmerman, CEO of
BuildingIQ. “As a company dedicated to improving the way energy is managed in
commercial buildings, we will continue to improve the value for our customers
and partners by leveraging emerging platforms such as Panoptix and others like
them.”

About Predictive Energy Optimization

The BuildingIQ system is the only energy management software platform that
forecasts energy demand and automatically adjusts a building’s HVAC settings
to continuously optimize energy use and peak loads. BuildingIQ works with
existing building energy management systems and utility demand response
systems. It incorporates weather forecasts, occupant comfort, utility prices
and demand response signals into its optimization algorithms. BuildingIQ
automatically reduces energy consumption, cost and emissions, while
maintaining or improving occupant comfort.

About Panoptix

The Panoptix solution is a combination of software and services to help single
building owners or managers of global enterprises improve the performance of
their buildings, decrease energy use and operational costs, and reduce
greenhouse gas emissions. It is driven by cloud-based apps that provide
visibility into how every system, subsystem and device is functioning, and
provides information to take actions to improve their performance. It works
with any size building, any building management system; can be accessed by any
computer, tablet or smartphone; and is supported with industry news, an online
community and Johnson Controls Live Guide™ experts. Visit
http://www.johnsoncontrols.com/panoptix.

About BuildingIQ

Founded in 2009, BuildingIQ is a leading energy management software company
whose mission is to redefine the way energy is managed in commercial
buildings. BuildingIQ’s suite of software offerings are based on unique,
patent-pending Predictive Energy Optimization™ technology. These offerings
reduce peak and ongoing energy cost and consumption, helping facility owners,
managers and occupants get more value out of their existing HVAC energy
systems. BuildingIQ leverages over 40 man-years of building controls,
modelling and comfort research from the Energy Division of CSIRO, Australia’s
national research organization, and its own R&D teams, to offer commercial
facility owners and managers high value solutions with limited capital expense
outlay.

Contact:

Vantage Communications for BuildingIQ
Katie Blair, +1 407-767-0452 x229
kblair@pr-vantage.com
 
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