Daintree Networks Charges Into 2015 Bolstered By Record-Breaking Year

LOS ALTOS, Calif., Feb. 18, 2015 /PRNewswire/ -- Daintree Networks, the leader in open networked wireless control and operation solutions for smart buildings, today announced that it realized a dramatic 3X growth in sales in 2014 over the previous year. Adding to the list of 2014 achievements is the new Daintree Building Energy Management as a Service (BEMaaS) cloud offering, two Red Herring awards as well as its listing as one of the '50 Most Promising Internet of Things (IoT) Companies in 2014' by CIO Magazine. Daintree plans to continue its momentum into 2015 and lead the industry into a new era of simplified smart buildings.

Growth
Building on the company's strong 2X sales order growth from 2012 to 2013, Daintree grew sales orders a record-breaking 3X from 2013 to 2014. Daintree has taken a leading role in driving awareness and helping customers with building controls solutions that go beyond energy savings and operational efficiencies to address the Internet of Things (IoT), compliance with energy codes and standards like California's Title 24 and ASHRAE 90.1,  increased occupant comfort, and reduced carbon emissions.

"Our aggressive growth last year buoyed by large new customers in industrial warehouse, banking, retail, and office sectors, reinforces the success of our Enterprise Internet of Things^TM (E-IoT^TM) approach," said  Danny Yu, Daintree Networks CEO.  "This approach leverages our true open standards solution to provide cost-effective wireless mesh networked control and energy management software. As a result of our growth, we are a top provider of wireless smart building solutions, one of the leading growth sectors in technology. Daintree plans to lead the industry into a new era of simplified smart buildings by providing ROI and operational efficiencies at enterprise scale, allowing customers to achieve significant savings while future-proofing their facility infrastructure."

BEMaaS^TM
An industry-first, Daintree's offering merges cloud-based computing with building automation technology to enable comprehensive building control. Daintree's Building Energy Management as a Service (BEMaaS) approach makes its ControlScope® software available as a subscription-based cloud application instead of locally on a physical server. This is the first true end-to-end building control and energy management service offering that spans various building applications and control down to individual devices including lights, thermostats, plug loads, fans, and more.

Recognition
CIO Review Magazine named Daintree Networks as one of the '50 Most Promising Internet of Things (IoT) Companies 2014.' The list features the best vendors and consultants providing technologies and services related to IoT. In the same issue, Daintree Networks CEO Danny Yu was featured as the 'Entrepreneur of the Month,' which highlights his career path and leadership of Daintree Networks to becoming a prominent player in the Enterprise-IoT market and top provider of wireless mesh networking solutions for smart buildings.

Daintree Networks won the 2014 Red Herring Top 100 North America award in May. The company was selected as an innovator for its networked wireless control and energy management solutions and as a leader in the rapidly developing Enterprise Internet of Things™ (E-IoT™). In December, Daintree was selected as a winner of the 2014 Red Herring Top 100 Global award, which recognizes today's leading private companies from North America, Europe, and Asia. The award winners were chosen due to their innovations, technologies and the most promising new business models from around the world.

About Daintree
Daintree Networks is a trusted and leading provider of smart building control and operation solutions, the core application for the Enterprise Internet of Things™. Daintree's ControlScope® is an open standards-driven control, monitoring, and optimization solution for facility, operations, energy, and sustainability professionals. Using advanced wireless mesh networking and software, ControlScope delivers up to 70 percent energy savings, operational efficiencies and up-time as well as occupant comfort, while providing actionable decision-support information through Big Data analytics. Leveraging Daintree's Enterprise Internet of Things™, or E-IoT™ approach, the solution utilizes sensors to also monitor other conditions, such as air quality, humidity, building security and more that comprise the networked ecosystem of an organization. Daintree Networks is a channel-friendly company with leading strategic and technology partners helping serve its customers globally, with major locations in Silicon Valley, California, and Melbourne, Australia. Further information is available at http://www.daintree.net.

ControlScope is a registered trademark, and BEMaaS, Enterprise Internet of Things, and E-IoT are trademarks of Daintree Networks.

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SOURCE Daintree Networks