Noveda Technologies Strengthens Management Team

BRANCHBURG, N.J., Aug. 16, 2011 /PRNewswire/ -- Noveda Technologies, the leader in web-based real-time energy and water monitoring, announced today that it is strengthening its management team as part of the company's growth strategy.

The company's global business development efforts will be led by Brian Hullinger, EVP of Marketing and Sales. Brian brings over twenty years of sales and marketing experience, specializing in high growth initiatives and will focus on driving revenue growth and customer retention. Most recently Brian was Sr. Vice President of Sales and Marketing for Social Solutions, a SaaS based case management provider.  Prior to this, Brian was Vice President of Global Sales and Account Management at Concur Technologies (formerly Gelco Expense Management).

Also joining the management team at Noveda is Shawn Brosnan, who joins the company as Chief Financial Officer.  Shawn has over twenty-five years of comprehensive financial management experience with both privately held and publicly traded companies. His extensive experience includes a successful career at Ernst & Young as well as senior management roles including CFO in the healthcare, pharmaceutical and technology industries. 

Both Brian and Shawn will be part of the restructured management team, which now has four members – Shawn Brosnan, Joe Jacob, Brian Hullinger and Govi Rao. Commenting on the changes, Noveda's President and CEO Govi Rao said: "I am very excited to welcome Brian and Shawn to Noveda. They bring a very high level of professionalism and successful track record, rounding out our management team in preparation for our ambitious growth aspirations." He added, "Even as this space gets more crowded and fiercely competitive in the months to come, I am confident that with our enhanced operating structure, management process, leadership talent and a dedicated team, we will lead the way."

"I am thrilled to be joining Noveda at such a critical juncture in its growth," said Brian Hullinger. He added, "As organizations look to improve efficiency and competitiveness, and as the world focus shifts increasingly to energy independence, energy costs and energy security, I am confident of our ability to provide innovative solutions with unprecedented financial returns."

Commenting on the recent changes, incoming CFO Shawn Brosnan, said, "It is absolutely energizing to be part of such a dynamic team, laying the foundation towards a smarter grid." He added, "I am very excited by the growth prospects for the company and the opportunity to scale the business with speed and focus on the execution of the operating plan."

About Noveda Technologies:

Noveda Technologies is an innovative leader in real-time, web-based energy and water monitoring. The company's hardware, software and consulting services help reduce energy and water usage, optimize performance of renewable energy systems, and reduce the carbon footprint for customers across commercial/retail, industrial, government, education, and utility sectors. Noveda also offers real-time collaboration tools that leverage social media to educate and empower stakeholder communities and make the smart grid a reality today.  The company has users in over 33 countries with offices in the US, UK, India and Israel. For more information, visit www.noveda.com or call 908-534-8855.

SOURCE Noveda Technologies