FOR IMMEDIATE RELEASE
Media contact: Jay Fiske
VP Business Development, Powerhouse Dynamics
Ingersoll Rand Invests in Energy Management System Pioneer Powerhouse Dynamics
Investment solidifies partnership around Ingersoll Rand’s NexiaTM Home Intelligence Platform
Boston, MA, August 6, 2012 – Powerhouse Dynamics, the creator of the award winning eMonitorTM energy management system, announced today that Ingersoll Rand, a world leader in creating and sustaining, safe, comfortable and efficient environments, had made a strategic investment in Powerhouse Dynamics.
“Consumers are increasingly interested in understanding their energy usage and identifying ways in which they can address controlling their energy usage at a device level. The integration of Powerhouse Dynamics’s eMonitor into Nexia™ Home Intelligence enhances our customers’ ability to control their energy usage through their Nexia systems. Our investment in Powerhouse Dynamics strengthens our partnership, and allows both companies to better achieve their visions for the integrated product line.” said Aine Denari, Director of Strategy for Ingersoll Rand Residential Solutions.
Nexia Home Intelligence, a smart home automation system that leverages the advanced technologies of Trane and Schlage, enables consumers to remotely manage features and functions of their home, including door locks, heating and cooling, video surveillance, lights, shades and energy usage via any Web-enabled computer and most smart phones. The eMonitor uniquely monitors and analyzes all devices that use (or generate) energy in a home or small business at the circuit level, enabling customers to eliminate energy inefficiencies and better manage appliances and equipment. Through the integration, consumers can remotely access their energy usage through the Nexia Home Intelligence platform and leverage the eMonitor’s powerful analytics and alerts engine, while utilizing automation to make smart choices about energy consumption.
“We are delighted to welcome a company like Ingersoll Rand as an investor,” said Powerhouse CEO Martin Flusberg. “This investment represents a really powerful endorsement of our products and strategy, and will clearly enable us to build on what has already been a very productive relationship”
The integrated Nexia™ Home Intelligence – eMonitor platform will soon be available through select Trane HVAC dealers and builder partners.
About Powerhouse Dynamics
Powerhouse Dynamics’ (www.powerhousedynamics.com) is the developer of the eMonitorTM, the first cost-effective, analytics-driven resource and asset management solution designed to monitor all uses and sources of energy while controlling energy intensive equipment. The eMonitor uniquely monitors a building’s electrical power consumption at the circuit level, can also monitors gas and water usage, and provides ongoing analysis, diagnostics and alerts to deliver actionable intelligence and control strategies. Thousands of customers have saved energy and money with the eMonitor, which is available for both homes and small commercial facilities.