BOSTON, May 24, 2017 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of demand response solutions and energy
intelligence software, announced today that the latest feature enhancements in its award-winning energy procurement platform, the EnerNOC Energy Exchange, help customers make more
proactive purchasing decisions.
“Savvy energy consumers don’t wait for contracts to expire to make their next purchase; instead they proactively
monitor market conditions and seize on favorable purchasing opportunities. The latest enhancements to the EnerNOC Energy Exchange
make it easier for customers to do that,” said Tim Healy, Chairman and CEO, EnerNOC.
The new features include:
- Opportunity Ranking: EnerNOC’s opportunity ranking algorithm automatically tracks and prioritizes favorable
purchasing opportunities to ensure buyers are positioned to make proactive decisions.
- Manage Exposure to Market: This feature enhancement enables EnerNOC customers to customize triggered alerts
when real-time prices are spiking. These automated triggers help customers monitor market fluctuations and the impact these
factors have on their energy purchasing strategy and budget.
- Peak/Off-Peak Pricing Triggers: By more discreetly distinguishing between on- and off-peak pricing, new
triggers can alert customers to favorable buying opportunities.
“As a publicly traded real estate investment trust, we create value through leasing, repositioning, expansion,
redevelopment, as well as ground up development. As such, we strategically purchase and sell assets. The EnerNOC Exchange and
advisory team provides us with the insights and information we need to proactively manage our supply activity in this complex
business and market environment,” Matthew Praske, Energy & Sustainability Manager, Washington Real Estate Investment Trust.
For more information about EnerNOC’s energy procurement solutions, please visit https://www.enernoc.com/products/energy-procurement.
About EnerNOC
EnerNOC is a leading provider of energy intelligence software (EIS) and demand response solutions. With
capabilities to better address budgets and procurement, utility bill management, facility analysis and optimization, sustainability
and reporting, project tracking, and demand management, EnerNOC's SaaS platform helps enterprises control energy costs, mitigate
risk, and streamline compliance and sustainability reporting. EnerNOC also offers access to more demand response programs worldwide
than any other provider, offering enterprises a valuable payment stream to further enhance bottom line results and utilities and
grid operators a reliable, cost-effective demand-side resource. For more information, visit www.enernoc.com and follow @EnerNOC.
Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals,
strategies, plans or prospects, including, without limitation, statements relating to the Company's future financial performance on
both a GAAP and non-GAAP basis, and the future growth and success of the Company's energy intelligence software and demand response
solutions, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and
other federal securities laws. Forward-looking statements can be identified by terminology such as "anticipate," "believe,"
"could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable,"
"would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those
terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks,
uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the
Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company's actual results may differ
materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained
herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the
information included in this press release or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.
EnerNOC Media Relations: Sarah McAuley 617.532.8195 news@enernoc.com EnerNOC Investor Relations: ir@enernoc.com