eMeter Selected as New Energy Pioneer

NEW YORK, April 4, 2011 /PRNewswire/ -- Bloomberg New Energy Finance today announced eMeter as a 2011 New Energy Pioneer. In its second year, the Bloomberg New Energy Finance Pioneer program named nine other companies at the fourth annual Bloomberg New Energy Finance Summit in New York.

"eMeter is thrilled to be recognized by Bloomberg New Energy Finance as one of today's energy industry pioneers," said eMeter Chief Executive Officer Gary Bloom. "Arming our customers with the information they need to ensure safe, cost-effective energy delivery and engagement with consumers will be essential to moving the future global energy economy forward."

eMeter provides essential Smart Grid and consumer engagement software that enables electric, gas and water utilities to reduce operational costs, improve customer service, and drive energy efficiency.  With more than four times the deployment scale of its nearest competitor and strategic partnerships with Verizon, Accenture, IBM, SAP and Siemens,  eMeter has built a reputation for innovation, unparalleled experience and domain expertise in the energy industry that they have leveraged to build market-leading technology that will enable utilities to unleash the full benefits of the Smart Grid.

In its second year, the Bloomberg New Energy Finance Pioneers program identifies companies from across the world that are making significant gains in the field of clean technology and innovation. A panel of industry experts, led by Bloomberg New Energy Finance technology specialists, chose the honorees by assessing them against three criteria: potential scale, innovation and momentum.

This year's winners represent a broad range of industries including bioenergy, energy smart technologies, water and solar. Each of the New Energy Pioneers has worked to develop unique technologies and has demonstrated the potential for these technologies to be competitive in the marketplace and implemented on a large scale.  

"The panel chose these companies because we feel they have the potential to change the energy landscape in a very significant way," said Michael Liebreich, Summit chairman and head of Bloomberg New Energy Finance. "In this fast-evolving sector, the Pioneers could play a major role in the world's transition to a lower carbon energy system."

Other winners include BrightSource Energy, Epuramat, Green Biologics, Metabolix, On-Ramp Wireless, Redwood Systems, SAGE Electrochromics, TaKaDu  and Winafrique.

The Bloomberg New Energy Finance Pioneers Program is sponsored by AutoDesk and Morrison & Foerster.

About eMeter

eMeter provides essential software that enables electric, gas and water utilities to realize the full benefits of Smart Grid. Leading utilities worldwide depend on eMeter Smart Grid Management software to reduce operational costs, improve customer service, and drive energy efficiency. With the most large-scale deployments in the industry and strategic partnerships with Accenture, IBM, SAP and Siemens, eMeter has built a reputation for unparalleled expertise that ensures customer success. For more information, visit: www.emeter.com

About New Energy Finance

Bloomberg New Energy Finance is the world's leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, carbon capture and storage, and nuclear power. The group has staff of more than 180, based in London, Washington D.C., New York, Beijing, New Delhi, Hyderabad, Cape Town, Sao Paulo, Singapore, and Sydney.

Bloomberg New Energy Finance Insight Services provide deep market analysis to investors in wind, solar, bioenergy, geothermal, carbon capture and storage, energy efficiency, and nuclear power. The group also offers dedicated services for each of the major emerging carbon markets: European, Global Kyoto, Australia, and the US, where it covers the planned regional markets as well as potential federal initiatives and the voluntary carbon market. Bloomberg New Energy Finance Industry Intelligence provides access to the most comprehensive database of investors and investments in clean energy and carbon. The News and Briefing Service is the leading global news service focusing on clean energy investment. The group also undertakes custom research and runs senior-level networking events.

For more information on Bloomberg New Energy Finance:

http://www.newenergyfinance.com

About Bloomberg

Bloomberg is the world's most trusted source of information for financial professionals and businesses. Bloomberg combines innovative technology with unmatched analytics, data, news, and display and distribution capabilities, to deliver critical information via the Bloomberg Professional service and multimedia platforms, including Bloomberg Businessweek and Bloomberg Markets magazines. Bloomberg's media properties span television, radio, digital and print, making up one of the world's largest news organizations. Headquartered in New York, the company employs more than 12,900 people in 166 locations around the world. For more information, please visit http://www.bloomberg.com.

SOURCE eMeter