Study Finds That Sightlines College and University Clients Generate 11% Savings in Utilities Costs

  Study Finds That Sightlines College and University Clients Generate 11%
  Savings in Utilities Costs

   Study of spending patterns over three-year period finds that Sightlines
                members realize five-time return on their fees

Business Wire

GUILFORD, Conn. -- June 26, 2013

An independent study conducted by Ozanne Customer Analytics Group has found
that academic institutions working with Sightlines, LLC to better manage their
facilities and capital investment strategies achieved 11 percent savings in
energy costs and 5 percent savings in operating costs over a three-year
period.

The scientific analysis by Ozanne determined that the average Sightlines
member generated financial savings for their organizations that were five
times the amount paid to Sightlines in membership fees over that three-year
span of time.

Sightlines works with approximately 400 academic campuses – approximately 17
percent of the four-year colleges and universities in the U.S. – to provide a
holistic approach to defining capital investment needs and an independent view
of campus facilities operating performance versus peer institutions. Ozanne
Customer Analytics Group provides data-driven consulting to businesses and
non-profit institutions in order to help them better measure the value they
provide to their customers. Ozanne has worked with highly regarded
organizations such as Dun & Bradstreet, Reed Elsevier and Sanofi-Aventis.

To conduct its research, Ozanne researchers reviewed historical facilities
performance trends for higher education facilities, both prior to and after
engaging Sightlines. The historical trends prior to working with Sightlines
formed the baseline of comparison to the performance of academic institutions
that are actively engaged as Sightlines members. Based on this five-year
statistical analysis, the Ozanne team identified three measurable benchmarks:

  *Over a rolling three-year period, Sightlines members on average
    experienced an 11.1 percent decrease in energy consumption expenses
    (approx. $700,000 in average savings);
  *On average, Sightlines members implementing the company’s recommendations
    to make specific asset-improving investments experienced a 5 percent
    decrease in daily operating costs for their facilities (approx. $103,000
    in average savings); and
  *On average, Sightlines members experienced a 5.3 percent increase in their
    planned maintenance spending. This reallocation of resources improves the
    maintenance of systems, extends their life and on average lowers capital
    needs at a rate of three times the investment.

The net fiscal impact of these cost savings, minus the additional spending and
fees paid to Sightlines, produced an average return of five times the amount
paid to Sightlines over a rolling three-year period.

“We contacted Ozanne Analytics and asked them to conduct an independent
statistical analysis of the ‘Big Data’ in our proprietary database that
collects more than $10 billion in operating and capital costs annually,” said
David Kadamus, president and chief executive officer of Sightlines. “The
result of their study provides empirical evidence that the policies,
operational changes and asset-improving investments Sightlines advises our
members to make on a carefully planned schedule can produce substantial cost
savings and help academic institutions better allocate their limited available
capital.”

About Sightlines

Founded in 2000, Sightlines works with approximately 400 academic campuses
annually to create its ROPA^SM (Return-on-Physical-Assets) service, which
provides a holistic approach to defining capital needs and provides an
independent view of campus performance, reliably benchmarked against peer
institutions. Academic institutions use ROPA^SM to defend budgets, secure
additional funds, evaluate new construction, rebalance budgets, assess
maintenance backlogs, determine proper staffing and service levels, and
successfully present budgets to boards. Sightlines was named to the 2012 Inc.
5000 list, an annual report from Inc. Magazine of the fastest growing
privately owned businesses in the U.S., for the fourth consecutive year. For
more information, please call 203-682-4952, go to www.sightlines.com or email
insights@sightlines.com.

Contact:

Teague Communications
Daryn Teague, 661-297-5292
dteague@teaguecommunications.com
 
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