– Australian ESCO to increase customers’ energy efficiency savings through SaaS agreement with Elster EnergyICT –

ESSEN, Germany and KORTRIJK, Belgium, October, 17, 2012 -Elster EnergyICT has been chosen by Mojarra, an Energy Service Company (ESCO) with offices around Australia, to continuously measure and monitor its customers’ energy usage. Mojarra will use Elster EnergyICT’s solution to help clients become more energy efficient and save money by identifying and correcting issues that are leading to energy loss.

Mojarra has chosen Elster EnergyICT’s powerful EIServerTM cloud-based Software-as-a-Service (SaaS) platform, to collect, cleanse, analyze and interpret all energy-related data. The solution includes data loggers and sub meters and the eiPortal software, which provides Mojarra with a fully-configurable energy monitoring tool that takes energy consumption data to create intuitive reports and comparative performance indicators for energy usage. The data enables Mojarra to make informed recommendations to its customers on how they could improve their energy efficiency, and is capable of benchmarking across multiple sites via the eiDashboard module.

Chris Hay, Mojarra CEO, said: ”An increase in energy prices, new energy efficiency incentives and funding models are driving a sharper focus on the identification and implementation of energy efficiency projects. We chose Elster EnergyICT because not only could it deliver the performance, architecture and integrity that we required, but it also had an impressive global customer base and track record.”

Mojarra uses the EIServerTM in conjunction with detailed analysis and interpretation from its engineering team to identify where energy efficiency improvements and savings can be made for the customer. The engineering team then work with the customer to improve their energy efficiency. For example, the EIServerTM may identify unexplained increases in energy use for a particular site, which on further examination and analysis could reveal a problem with the site’s heating ventilation and air-conditioning systems. Or, the data may show that cleaning staff are leaving lights on after hours. This information, which is delivered in real time, is easily actionable and can deliver savings, both in terms of cost and carbon.

”A new model for the energy management industry is emerging on the back of these measurement and management technologies. This is driving a higher level of responsiveness and accountability in the energy efficiency market, which is good news for the industry and efficiency targets,” continues Hay.

Spencer Rigler, Vice President of Energy Management, at Elster EnergyICT said: ”We’re impressed to see how Mojarra is using our software platform to not only drive technological development for its customers, but also to encourage behavioural change. Providing energy efficient insights, such as the level of consumption during out-of-office hours and how well energy efficiency improvement projects are performing, all help to create a strong buy-in for energy and cost conservation within their customer’s organisations.”

About Elster EnergyICT

Since its foundation in 1991, Elster EnergyICT has developed complete, end-to-end solutions that deliver the insight, intelligence and information needed to power energy management strategies at multi-site, commercial organizations and to support asset management, load optimization and customer services at utilities of all sizes. The company‘s clients include utilities and energy service companies throughout the US, Europe and Asia-Pacific, as well as global retailers, military and government installations, and some of the world’s largest industrial and commercial organizations. The company’s success has been built on market-leading engineering capabilities, years of experience and industrial knowledge, and dedication to delivering exemplary customer services. Since 2009, the company has been part of Elster, one of the world’s largest providers of electricity, gas and water measurement and control systems.

About Elster

Elster is one of the world’s largest electricity, gas and water measurement and control providers. Its offerings include distribution monitoring and control, advanced Smart Metering, demand response, networking and software solutions, and numerous related communications and services – key components for enabling consumer choice, operational efficiency and conservation. Its products and solutions are widely used by utilities in the traditional and emerging Smart Grid markets.

Elster has one of the most extensive installed revenue measurement bases in the world, with more than 200 million metering devices deployed over the course of the last 10 years. It sells its products and services in more than 130 countries across electricity, gas, water and multi-utility applications for residential, commercial and industrial, and transmission and distribution applications.

For more information about Elster, please visit www.elster.com and follow us on Twitter at www.elster.com/twitter.