Locus Energy Recognized as Best Green Company at NJTC Venture Conference

NEW YORK, April 12, 2012 /PRNewswire/ -- Locus Energy, a leading provider of solar monitoring and analytics software, was recognized as the Best Green Company by the New Jersey Technology Council at their recent Venture Conference. The awards honor emerging companies in sectors including IT/Software, Electronics, Energy, Environment, Life Sciences (including Drug Development, Healthcare and Medical Device), and Communications/Media (including social media). The winners were announced at the conference in Somerset, New Jersey on March 22.

"We're honored to be recognized by the New Jersey Technology Council as the Best Green Company at the conference," said Michael Herzig, founder and CEO of Locus Energy.  "We believe recognition by industry thought leaders as well as the momentum Locus Energy is experiencing in the market are a strong affirmation of the need for intelligent solutions to integrating renewables into the grid at a large scale."

Locus Energy offers a web-based technology platform providing automated monitoring support and data analytics for distributed solar photovoltaic energy systems.  At the recent NJTC Venture Conference, the company provided previews of its new SolarOS monitoring platform which will be released in the second quarter of 2012.  The SolarOS software helps renewable integrators easily monitor, maintain and optimize performance across a fleet of installed systems. The web-based platform provides comprehensive system monitoring for installation professionals as well as easy access for their end-users. 

The company also conducted demos of Virtual Irradiance™ -- a patent pending software service providing highly accurate estimates of historical and real-time solar irradiance across North America. The Virtual Irradiance™ model produces solar irradiance data that enables the PV industry to mitigate risk by improving project location selection and more accurately modeling and analyzing system production at an individual site or across an entire fleet.  The service is fully integrated into Locus Energy's monitoring platform and will be released in conjunction with SolarOS.

Please visit http://www.locusenergy.com for more information on Locus Energy's monitoring solutions.

About Locus Energy

Locus Energy develops web-based asset management software for renewable energy systems.  We provide monitoring, analytics and data services for deployments of solar photovoltaic and solar thermal technology. By leveraging Locus' products, renewable finance companies and integrators can drive down the cost and complexity of energy monitoring while making it much easier to maintain and service an installed client base. Founded in 2007, Locus has offices in New York and San Francisco, and monitors several thousand PV arrays worldwide.

Contact:
Adrian De Luca
(212) 500-2097

SOURCE Locus Energy



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