BOULDER, COLORADO, February 2, 2004 - EnergyWindow, Inc., a supplier of information-technology-based tools and consulting to manage the energy supply used by large businesses, today announced several significant milestones for the company. First, it has successfully closed requests for quotation on more than one billion kilowatt hours (kWh) of energy supply (gas and electricity). Second, EnergyWindow has saved more than $15 million on more than $70 million in energy supply costs, by helping its customers procure energy at more competitive prices via its online Request/Quotation System. Finally, EnergyWindow has saved more than 20%(on average) compared to "price to beat" requests for quotation for more than 20 customers nationwide, including a dozen Fortune 200 companies.
"EnergyWindow has achieved this volume of activity and savings for its customers through superior technology that reduces the cost, complexity and risk of seeking competitive energy bids," noted Jack Mason, EnergyWindow president. "In addition, the company's energy industry expertise has played a big role, as the company's senior consultants collectively share direct experience with every current and emerging competitive electricity and gas market in the United States."
Although many of EnergyWindow's nationally recognized customers decline to offer specific cost savings data for competitive reasons, the roster of companies that have used the EnergyWindow online request/bid system is impressive, and includes:
Food Lion
J.C. Penney
Johns Manville
Kmart
Loews Cineplex Entertainment Corp.
PepBoys
Regal Entertainment Group
About EnergyWindow
EnergyWindow is a Boulder, Colo.-based company that offers a comprehensive suite of information-technology-based tools and energy industry expertise to help businesses manage every aspect of their energy supply cycle (natural gas and electricity). EnergyWindow offers four key areas of products and services: 1) An online request/bid system for energy procurement; 2) a real-time, online energy market knowledgebase, 3) an energy management information system that tracks and analyzes a company's energy usage, and 4) energy supply strategy and management consulting. The company was founded in 1999 by Dr. Jack Mason, a long-time energy industry veteran, and Dr. Mike Usrey, a veteran Internet and information technology expert. To date, the company has handled more than 2,000 transactions for large energy purchases. The company can be reached at: http://www.energywindow.com or 303-444-2366.