Quick Links

Mobile Security Industry News

[January 24, 2012]

Comverge Enhances IntelliPEAK Digital Control Unit to Provide Support for Automated Dynamic Pricing Programs

(GlobeNewswire Via Acquire Media NewsEdge) SAN ANTONIO, Texas, Jan. 24, 2012 (GLOBE NEWSWIRE) -- Comverge, Inc. (Nasdaq:COMV), the leading provider of Intelligent Energy Management solutions for Residential and Commercial & Industrial (C&I) customers, today introduced the IntelliPEAK 910 digital control unit (DCU), which now includes capabilities to support automated dynamic pricing programs. By allowing users to quickly and easily schedule dynamic pricing events through the IntelliSOURCE Web portal, IntelliPEAK 910 helps utilities reduce peak demand by making it easier for clients to participate in time-of-use and critical peak pricing programs.

As industry studies have shown, using technology to automate dynamic pricing programs can result in significantly increased amounts of peak demand reduction, as opposed to relying on the consumer to manually reduce demand. With the new release, Comverge customers can automate, streamline and simplify the execution of dynamic pricing programs by using IntelliSOURCE 2.0, Comverge's industry-leading enterprise-class software platform and operating environment, to manage IntelliPEAK 910 through a two-way network that optimizes the reduction of energy demand.

"As the smart grid continues to develop, dynamic pricing programs are receiving increasing interest as an effective means to manage expensive peak demand," said R. Blake Young, president and chief executive officer, Comverge. "IntelliPEAK 910 enables utilities to easily automate the dynamic pricing process. By automating the process, utilities have a highly reliable source of capacity, unlike programs that use manual home energy management portals." The IntelliPEAK 910 also includes the ability to individually control up to four loads, saving both hardware and installation costs over the life of the program. For installations with both HVAC and water heater programs, a single IntelliPEAK 910 DCU can be used to control both devices. Each device can be individually controlled through separate commands, or they can both be controlled with a single command.

About Comverge With more than 500 utility and 2,100 commercial customers, as well as five million residential deployments, Comverge brings unparalleled industry knowledge and experience to offer the most reliable, easy-to-use, and cost-effective intelligent energy management programs. We deliver the insight and control that enables energy providers and consumers to optimize their power usage through the industry's only proven, comprehensive set of technology, services and information management solutions. For more information, visit www.comverge.com.

Caution Regarding Forward Looking Statements This release contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this release are not and do not constitute historical facts, do not constitute guarantees of future performance and are based on numerous assumptions that, while believed to be reasonable, may not prove to be accurate. These forward looking statements include successful implementation of the programs, anticipated results, expectations of future performance under the programs and certain assumptions upon which such forward-looking statements are based. The forward-looking statements in this release involve a number of factors that could cause actual results to differ materially, including risks associated with Comverge's business involving our products, the development and distribution of our products and related services, regulatory changes, economic and competitive factors, our key strategic relationships, and other risks more fully described in our most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K. Comverge assumes no obligation to update any forward-looking information contained in this press release or with respect to the information or announcements described herein.

CONTACT: Jason Cigarran Vice President, Marketing and Investor Relations Comverge, Inc.

678-823-6784 jcigarran@comverge.com Source: Comverge, Inc.

2012 GlobeNewswire, Inc.

[ Back To Mobile Security Homepage's Homepage ]

Request a Demo

Weekly Demonstration: SAP Mobile Secure
Solution including SAP Afaria Cloud

Free 30-day Trial

Best MDM in the cloud. Best MDM
Analytics. Best MDM price.

Featured Whitepapers

What Is Your Mobile Content Policy? A Checklist for Content Risk Mitigation
We are living in a world that only 20 years ago was the realm of science fiction. Devices once just barely imaginable have become common consumer items, carried casually in pockets and purses, with constantly growing capabilities.

SAP Enterprise Mobility: Bringing a Cohesive Approach to a Complex Market
Mobility and consumerization are creating complexity in the enterprise, but embracing the change can lead to more productive mobile workers as well as better communications with employees, partners, customers, and consumers. The trends in the enterprise mobility landscape drive a need for technology solutions to emerge.

View All

Featured Datasheets

Securing Enterprise Mobility for Greater Competitive Advantage
We are living in a world that only 20 years ago was the realm of science fiction. Devices once just barely imaginable have become common consumer items, carried casually in pockets and purses, with constantly growing capabilities.

Secure Mobile Content Management for the Enterprise
Every day employees move business files onto their mobile devices so they can work at home, on the road, or at client sites. The mobile workforce is a reality, as 80% of employees say they need to access work documents from outside the office.1 Instead of insecure, consumer-based tools, enterprises need a safe, reliable platform for managing content on mobile devices.

View All

Featured Webinar

Mobile Drives Field Service Productivity at Satellites Unlimited
Field service has never been more competitive or faster changing than it is today. Going mobile is a must to stay ahead of the competition, provide improved services, and keep up with ever-increasing customer expectations.

View All

Featured Webcast

End to End Mobility Requirements: IDC and SAP explore the 3rd Platform
A new IDC study states that we're in the midst of a shift that takes place once every 20 - 25 years - introducing a new technology platform that will inspire growth and innovation for enterprises of all sizes. IDC calls it the 3rd Platform - built on mobile devices and apps, cloud services, mobile broadband networks, "Big Data", analytics, and social technologies.

View All

Featured On-Demand Webinar

Analyst Webcast: Secure Content Management in a Mobile Age
Securing and managing content is taking on new importance as organizations try to cope with the explosion of business-oriented file sharing services while at the same time taking advantage of the proliferation of "smart" mobile devices.

View All