Verdiem Saved its Customers over $50 Million on IT Energy Bills in 2012

   Verdiem Saved its Customers over $50 Million on IT Energy Bills in 2012

Best-in-Class Approach Reduces IT Operational Costs While Saving Jobs or
Fueling Top-Line Revenue Growth

PR Newswire

SEATTLE, Jan. 31, 2013

SEATTLE, Jan. 31, 2013 /PRNewswire/ --Verdiem, a leader in IT energy
management software, today announced that the company has helped its customers
save more than $50 million in 2012 with its IT energy management solutions.
More than 700 companies with 2.5 million power-managed devices experienced up
to 60 percent reduction in energy waste, delivering substantial savings as a
result.

"In today's environment, where cutting costs is part of the 'new normal,'
Verdiem delivers a quick energy efficiency win—often in less than six
months—with meaningful savings for organizations across industries and sizes,"
said John Scumniotales, president and CEO of Verdiem. "By reducing IT energy
waste, those dollars that would have gone to the utility can now be directed
back into the core business—hiring more staff, funding essential programs, or
fueling R&D projects."

Businesses across many industries—such as education, financial services and
healthcare—benefit from Verdiem's solutions. In 2012, Verdiem experienced
nearly 300 percent revenue growth in the healthcare market alone. Some of the
largest healthcare organizations in the U.S. now use Verdiem. Verdiem's
flexible approach allows even the most complex healthcare environment to
achieve significant energy savings. Although many critical systems must be
powered on constantly, healthcare organizations have a significant number of
devices that can be put to sleep when not in use, resulting in major savings.
As one customer example, Partners HealthCare saves nearly $1.5 million per
year using Verdiem.

Verdiem has achieved the following successes in 2012:

  oCorporate momentum:

       oMore than 10 years of deep IT energy management expertise
       o700 customers using 2.5 million devices managed by Verdiem
       o33 percent year-over-year growth and cash-flow positive

  oIndustry recognition:

       oNamed "Best of Breed Vendor" by industry analyst firm Ovum
       oSelected as a Finalist for Institute of Engineering and Technology
         Innovation Awards
       oSelected as a Finalist for Washington's Best Workplace Award by Puget
         Sound Business Journal

  oNew product availability:

       oFurther expanded its reach into the SMB market and entered the "smart
         building" energy management market with the introduction of:

            +VBOX, a fully integrated software and hardware solution for an
              easy, quick and affordable deployment
            +Connect for Smart Buildings, enabling a 360 degreesview of
              energy consumption across facilities and IT to significantly
              reduce energy waste

Organizations of all kinds are benefiting from Verdiem's IT energy management
solutions to help serve their operational efficiency goals. As examples, a
large banking institution was able to save the company more than $13,000 per
month on its energy bill after U.S. energy prices spiked; a school district
realized enough cost savings to cover several full-time teacher salaries; and
one government organization was able to set an example for its local business
community by becoming a better steward to the environment while enjoying a
$15,000 reduction on their annual energy bill at the same time.

About Verdiem

Verdiem helped define the PC power management market and has now extended its
leadership into IT energy management software. Verdiem enables customers to
centrally control and reduce the energy used by PCs, Macs, and network devices
running Cisco EnergyWise without impacting end users. More than 700
corporations, government agencies and universities have deployed Surveyor on
over 2.5 million devices. Most customers experience payback within 6 to 12
months. Based in Seattle, Verdiem is backed by Kleiner Perkins Caufield &
Byers. More information is available at www.verdiem.com.

SOURCE Verdiem

Website: http://www.verdiem.com
Contact: Jennifer Gehrt, Jennifer@Communiquepr.com, +1-206-282-4923 ext. 112
 
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