Champion Energy Services Partners With Vedero Software

Champion Energy Services Partners With Vedero Software

HOUSTON, Feb. 11, 2013 (GLOBE NEWSWIRE) -- Vedero Software, a leading provider
of software solutions for automated demand response, and Champion Energy
Services, a leading retail electric provider, today announced a partnership
delivering an automated demand response solution to commercial customers in
North America.

Demand response programs compensate participants for their willingness to
reduce electricity consumption at key times such as when the threat of
blackouts looms due to lack of supply to meet demand. Commercial buildings
including office complexes, hospitals, schools, universities, and data centers
consume more than 40% of the electricity in North America, and the operators
that manage these buildings are keenly interested in participating in demand
response programs. However, curtailing electricity must be balanced to
accommodate the needs of the building occupants. Vedero Software meets the
emerging critical requirement of providing a robust platform that ensures
maximization of demand response events, while maintaining occupant comfort.

"We understand that automation is imperative, given the complex nature of our
customers' buildings and the need to respond in minutes to demand response
events," said Scott Fordham, President and CEO of Champion Energy. "Automated
Demand Response through Vedero Software is yet another way Champion Energy
Services can add value to our commercial clients."

Champion Energy and Vedero are teaming to jointly offer the Vedero Software
Solution to commercial accounts. Champion Energy personnel have a deep
understanding of the needs of their clients and can facilitate a demand
response solution that rewards customers financially for their ability and
willingness to reduce electricity consumption.

"The team at Champion Energy truly 'Get it' when it comes to mapping solutions
to the energy needs of their clients, and we are proud to be teaming with them
to generate revenue and cost savings for our mutual clients," said Joe
Pollard, CEO and Co-Founder, Vedero Software.

About Vedero Software

Vedero Software provides software and services to instrument and automate
commercial buildings for energy responsiveness. This enables our customers to
generate cash, reduce energy costs, and generate added services to attract and
retain tenants, thereby increasing the value of their buildings. Our automated
energy management solutions help grid operators supplement, avoid or defer
costly investments in generation, transmission and distribution facilities and
enhance the reliability of electric power. Our solutions are used by large
commercial organizations to automate demand response events in conjunction
with their energy provider, and meet their sustainability goals. Visit us at
http://www.vederosoft.com.

CONTACT: Vedero Software, Joe Pollard, President and CEO,
joe.pollard@vederosoft.com; 972-309-9844

About Champion Energy Services

www.championenergyservices.com

Houston-based Champion Energy Services is one of the fastest-growing and
largest retail electric providers (REPs) in the nation and one of the top REPs
never to have been affiliated with a utility. Champion Energy currently serves
residential, governmental, commercial and industrial customers in deregulated
electric energy markets in Texas, Illinois, Pennsylvania, and New Jersey;
governmental, commercial and industrial customers in Ohio and Maryland;
natural gas customers in Illinois and plans to begin serving customers in New
York in the second quarter of 2013. The company has ranked "Highest in
Residential Customer Satisfaction with Retail Electric Service, Three Years in
a Row" according to the J.D. Power and Associates 2010-2012 Texas Residential
Retail Electric Provider Customer Satisfaction Studiessm.* Backed by the
financial strength of Texas-based Crane Capital and EDF Trading North America,
LLC, the company currently serves more than 1.4 million residential customer
equivalents, with a peak load near 3,600 megawatts. PUCT No. 10098, PA PUC
license A-2009-2124113, Ohio PUC certificate 09-166E(1), Illinois (ICC) docket
10-0168, New Jersey BPU license ESL-0082 and Maryland IR-2196.

* For J.D. Power and Associates award information, go to www.jdpower.com.

CONTACT: Scott Fordham, President & Chief Executive Officer, +1-281-653-1813,
sfordham@championenergyservices.com.

This information was brought to you by Cision http://www.cisionwire.com
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