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TheStreet Open House

Manhattan Center Studios Deploys EnerNOC's Energy Intelligence Software To Manage Energy Expenses

Stocks in this article: ENOC

BOSTON, March 3, 2014 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that Manhattan Center Studios has contracted with EnerNOC to deploy a suite of energy management software and professional services: DemandSMARTâ„¢, demand response software; EfficiencySMARTâ„¢, software and services that deliver continuous energy savings; and SupplySMARTâ„¢, an intelligent energy procurement solution. Manhattan Center is located in the heart of midtown Manhattan and is New York's premier meeting and event venue for audio and video production and recording, corporate and charity galas, musical performances, and award and fashion shows.

"We're looking forward to working with EnerNOC as we bring our energy management efforts to a new level of sophistication," said Markus Karr, President of Manhattan Center Studios. "As a prominent New York City landmark dedicated to delivering unique performances and events, we want to ensure we preserve the history and integrity of our space while leveraging the 21 st century technology that will keep it financially strong and energy efficient for years to come."

DemandSMART will enable Manhattan Center to participate in three different New York-area demand response opportunities and provide the company with access to its real-time energy and earnings data. Adding EnerNOC's EfficiencySMART TM Insight software and retro-commissioning services to its energy management program is expected to bring Manhattan Center into early compliance with Local Law 87 (LL87), a New York City law mandating buildings over 50,000 square feet to complete audits that lead to energy efficiency retrofits and savings.

"Manhattan Center understands that optimizing energy use and maximizing savings doesn't happen through a piecemeal approach to energy management," said Tim Healy, Chairman and CEO of EnerNOC. "When organizations marry energy procurement with real-time energy data analytics and energy efficiency services like retro-commissioning, they achieve significant benefits. EnerNOC's EIS solutions were created to work together seamlessly, and we're excited for the full deployment at Manhattan Center Studios."

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