BuildingIQ Named a 2013 Enterprise Smart Grid Leader by Groom Energy

  BuildingIQ Named a 2013 Enterprise Smart Grid Leader by Groom Energy

   Recognized as one of 10 companies for its Predictive Energy Optimization
                  software solution for commercial buildings

Business Wire

SAN FRANCISCO -- July 18, 2013

BuildingIQ, a leading energy management software company, today announced that
it has been named a 2013 Enterprise Smart Grid Leader by Groom Energy in their
recent report, “2013 Enterprise Smart Grid and a Buyers Guide for Energy
Management Software and Technologies.” BuildingIQ’s software-as-a-service
solution was selected from a list of more than 200 energy management vendors
not only for its ability to reduce HVAC energy costs by as much as 25 percent
but also because it provides a quick return on investment. A BuildingIQ
solution turns existing buildings into Smart Grid-enabled buildings with
minimal capital expenditure.

According to Groom Energy’s new report, “18 percent of large companies
surveyed plan to invest in energy management software in 2013.” BuildingIQ’s
cloud-based software easily integrates into a facility’s building management
system (BES) in order to optimize energy consumption while reducing operating
burden. Adjustments are automatically made to building controls in real-time
based on variables, such as weather forecasts, utility tariffs, demand
response events, building characteristics and occupant comfort. BuildingIQ’s
solution eliminates major hurdles that corporate energy, facility and
sustainability managers face when trying to meet sustainability goals.

“The commercial building market is a demanding and rapidly evolving sector,”
said Michael Zimmerman, CEO of BuildingIQ. “To be selected as a top vendor by
Groom Energy is a testament to our ability to meet the market’s needs with
integrated energy efficiency and demand response solution that minimizes
financial investment and reduces the strain many facility managers face when
implementing these initiatives. We look forward to further pushing industry
standards in order to reach new levels of customer satisfaction worldwide.”

“We are impressed with the cost savings driven by the BuildingIQ products,”
said Paul Baier, Vice President of Research and Sustainability Consulting,
Groom Energy Solutions. “They are able to reduce operating costs through
visibility and control of HVAC load for large commercial buildings. Owners and
operators should consider BuildingIQ when looking for cost saving options.”

For the full report, visit: http://www.groomenergy.com/orderESG.html

About BuildingIQ

BuildingIQ is a leading provider of advanced energy management software that
actively predicts and manages HVAC loads in commercial buildings. As the only
supplier of patent-pending Predictive Energy Optimization^tm technology,
BuildingIQ’s cloud-based solution is powering energy savings in buildings
across the globe with reductions in HVAC energy costs by as much as 25
percent. BuildingIQ delivers measureable results and has received backing from
tier one industry leaders including Aster Capital (backed by Schneider
Electric, Alstom and Solvay), the Venture Capital unit of Siemens Financial
Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth
Scientific and Industrial Research Organisation (CSIRO).

Recognized as a leader in its industry, BuildingIQ most recently was named
winner of the 2013 Bloomberg New Energy Pioneers Award, a 2013 Cool Vendor in
Green IT and Sustainability by Gartner and listed on the 2012 Global Cleantech
100 and AlwaysOn Going Green Global 200.

For more information, visit: http://www.BuildingIQ.com/.

Contact:

Vantage Communications for BuildingIQ
Katie Blair, +1-407-767-0452 ext. 229
kblair@pr-vantage.com