– Elster EnergyICT helps SEDAC Energy Management’s clients reduce energy consumption by almost a third –

ESSEN, Germany and KORTRIJK, Belgium, September, 25, 2012 – Elster EnergyICT has signed a five-year energy management solution contract with SEDAC Energy Management, an Australian Energy Service Company (ESCO). The contract enables SEDAC Energy Management’s customers to control their energy costs and has already resulted in one retailer reducing its energy consumption by 30 per cent.

Elster EnergyICT has delivered its powerful EIServerTM cloud-based platform in Software-as-a- Service (SaaS) mode, enabling SEDAC Energy Management to collect, cleanse, analyze and interpret all energy-related data. EIServer includes eiPortal, a fully configurable energy monitoring tool giving SEDAC Energy Management the ability to take raw consumption data and create sophisticated intuitive reports and comparative performance indicators for energy usage. SEDAC Energy Management will be able to track projects and monitor efficiency gains, as well as measure KPIs in consumption, CO2 emissions, costs and savings from the previous day, week or month. The solution is capable of benchmarking across multiple sites through the eiDashboard module.

”We are impressed to have already seen Elster EnergyICT deliver big energy savings to customers,” said Craig Lewis, national manager, SEDAC Energy Management. ”The ‘real time’ element that the dashboard offers means our customers are no longer looking through a rear view mirror at their energy consumption. Instead, they can clearly see the road ahead and can keep their energy targets on track.”

In addition to EIServer, Elster EnergyICT will provide implementation and project management, managed services and support. SEDAC will also use Elster EnergyICT’s sub meters and data loggers to collect multiple energy, usage and meter inputs. The solution will enable SEDAC to provide a range of energy management, monitoring and targeting services to some of the largest retailers and multi-site customers aimed at substantially reducing their energy and water consumption. The ESCO can also use EnergyICT to verify its promised savings to customers from capital works.

Australia’s carbon tax and critical peak pricing were two of the market drivers that led SEDAC Energy Management to seek an energy management solution partner. SEDAC Energy Management, which won the Master Electricians Australia ‘Green Project of the Year’ award last year, was looking for a company that could prove energy savings and help its customers to meet their regulatory obligations in a cost-effective way.

”This is an important contract for Elster EnergyICT and we are delighted to have already demonstrated the capability we can provide SEDAC Energy Management to deliver value to customers,” said Spencer Rigler, Vice President of Energy Management at Elster EnergyICT. ”Working with SEDAC Energy Management, a partner already recognized by the industry for its energy efficiency efforts, enables us to build upon our established Australian customer base and our fast growing list of ESCO partners throughout the world. SEDAC Energy Management chose Elster EnergyICT on the strength of our ability to deliver end-to-end solutions, backed by existing credible references with some of the world’s most highly regarded and profitable retailers, industrial and commercial multi-site companies, as well as ESCOs.”

An Australian-owned and operated business since 2004, SEDAC Energy Management is one of the country’s leading innovative companies supplying Australian and South East Asian customers with electrical engineering solutions, electrical installations, switchboards, and energy management services. SEDAC Energy Management has a number of customers with multiple sites, making eiDashboard’s ability to monitor many sites in ‘real time’ a key feature of their offering. The ‘real time’ element of the eiDashboard means that the system can integrate and address issues immediately with specific sites or assets. This ensures that SEDAC Energy Management is able to work more effectively with its maintenance team to quickly locate and solve any incidents that arise.

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.