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EnerNOC Software Platform Strengthens Connection Between Energy Usage And Costs

Stocks in this article: ENOC

BOSTON, Oct. 15, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software, today announced the latest updates to its platform, which include additional customer-facing features that bring greater transparency to energy spend.

"As EnerNOC continues to emerge as the leading provider of Energy Intelligence Software for the enterprise customer, we are bringing to market robust features that allow our customers to better understand and take control of their energy usage, and translate that into overall operational and financial improvement," said Tim Healy, Chairman and CEO of EnerNOC.

EnerNOC's software platform now enables customers to view their demand response payments directly from the Company's DemandSMART TM cloud-based application. This self-service functionality provides visibility into the financial impact of an organization's participation in demand response. All records, current and historical, are fully itemized by dispatch into capacity and energy payments, and can be viewed at an executive, business unit, or site level.

"Providing greater transparency into the financial impact of demand response participation is critical for our enterprise customers, which often have sites in multiple regions across different business units," said Fielder Hiss, Vice President of Product Management at EnerNOC. "Offering organization-wide access to this information is designed to foster intra-company alignment on broader energy efficiency projects and initiatives across an organization."

EnerNOC's software platform update also includes new utility bill management functionality that aggregates the enterprise customer's true spend on energy. Improved bill transparency enables customers to track energy usage and expenses, identify outliers and mistakes, and forecast trends. This add-on feature also provides the ability to create custom dashboards of customers' key indicators to quickly assess progress toward goals and adjust as needed.

To learn more about the new features of the platform, go to enernoc.com/our-technology or visit open.enernoc.com.

About EnerNOC

EnerNOC is a leading provider of energy intelligence software and related solutions. EnerNOC unlocks the full value of energy management for utility and commercial, institutional, and industrial (C&I) customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. EnerNOC's Utility Solutions™ offerings, which include both implementation and consulting services, are helping hundreds of utilities and grid operators worldwide meet their demand-side management objectives. EnerNOC serves thousands of commercial, institutional, and industrial customers worldwide through a suite of energy management applications including: DemandSMART™, comprehensive demand response; EfficiencySMART™, continuous energy savings; and SupplySMART™, energy price and risk management. EnerNOC's Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com .

The EnerNOC, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5804

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 future growth and success of the Company's energy intelligence software, and the benefits that customers may derive from technology updates or enhancements to that software, 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.

CONTACT: Media Relations:
         Robin Deliso
         (617) 692.2601
         news@enernoc.com
         
         Investor Relations:
         Brian Norris
         (617) 532.8104
         ir@enernoc.com

EnerNOC, Inc. Logo

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