BRANCHBURG, N.J., Oct. 20 /PRNewswire/ -- Noveda Technologies, the leader in web-based energy monitoring and visualization systems, today announced a strategic partnership with EnergyWatch to help promote energy efficiency technologies and services for large businesses. The partnership was announced today by Kevin Duffy, Director of Business Development for Noveda Technologies, and Keena Hammond, Executive Managing Director of EnergyWatch, during a meeting with the New York Energy Consumers Council (NYECC).

The strategic alliance between Noveda and EnergyWatch, one of the nation's premier energy consulting and procurement companies, will promote energy efficiency technologies to reduce energy consumption, costs, and the carbon footprints of large commercial buildings.

"This partnership combines the strength and experience of two industry leaders in energy services that will deliver a comprehensive solution for reducing energy-related costs through energy efficiency technologies and services and procurement consulting in deregulated energy markets," said Mr. Duffy. "By combining expertise in both the supply and demand side of energy we can better help our customers save money and reduce their environmental impact."

Jay Raphaelson, President of EnergyWatch, said he is excited about the new relationship with Noveda because "it will deliver a valuable solution in energy management. Allocation of energy costs and efficiency measures are too important to be based on assumed or historical estimates. Instant, accurate data provides solid benchmarks and verification for landlord and tenant sustainability initiatives. The return on investment is almost immediately realized."

Noveda's software and services provide critical information for buildings to maximize energy efficiency and achieve peak performance. The flow of continuous, real-time data for conventional and renewable energy systems enables facility managers and occupants to immediately identify and take corrective action in order to better manage their energy consumption and reduce their carbon footprints.

Noveda's groundbreaking technologies are currently monitoring hundreds of buildings including the Jacob K. Javits Convention Center, the northeast's largest wind farm at the Atlantic County Utilities Authority in Atlantic City, NJ, Newark, NJ Public Schools, Liberty Science Center in Newark, NJ, and at Shopwise in Manila, Philippines--Noveda's first international project.

About Noveda Technologies: Founded in 2007, award-winning Noveda Technologies is an innovative leader in real-time energy monitoring and visualization for conventional and renewable energy systems. Noveda's web-based software and services provide solutions to help optimize building energy efficiency, lower energy costs and reduce carbon footprint. The company's diverse client base includes commercial, government, nonprofit and educational institutions. For more information, visit www.noveda.com or call 908-534-8855.

About EnergyWatch: Formed in 2000 and headquartered in Manhattan's financial district, EnergyWatch is a leader in energy consulting. The company's vast power purchasing experience represents one of the larger aggregations of direct energy users in the nation at over 2,000,000 megawatt hours and $200 million in annual energy expenditures. Through market intelligence and analytical expertise EnergyWatch empowers their clients to make responsible decisions that have a positive impact on their business and the environment. For more information visit energywatch-inc.com or call 212-616-5117

SOURCE Noveda Technologies

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