[October 02, 2013]

Fierce Innovation Awards Names BuildingIQ Best in Show

BuildingIQ, a leading energy management software company, took home top honors in the Fierce Innovation Awards. The company was named Best in Show for its cloud-based energy management software and winner of the Smart Grid Cloud Computing category. BuildingIQ (News - Alert) was selected for its superior technology innovation, financial impact, market validation, ability to integrate into existing power infrastructures and its positive customer experience.

BuildingIQ's award-winning platform addresses the fundamental shortcomings of HVAC systems in commercial buildings. By using variables such as weather forecasts, utility tariffs, building characteristics, occupant comfort and demand response events, its solution is able to make adjustments to building controls in real-time. As a result, BuildingIQ can reduce HVAC energy costs by as much as 25 percent and provide a positive cash flow within months of implementation.

"To be recognized as a leader in energy management is a testament to our team and our ability to consistently provide a solution that reduces a building's operation costs and carbon footprint," said Michael Nark, president & CEO of BuildingIQ. "We continue to push the envelope when it comes to achieving energy efficiency within a building and we pride ourselves on delivering a customizable platform that can be tailored to meet our customers' specific requirements."

This year's Fierce Innovation Award winners were selected by an exclusive panel that was assembled by the publishers of Fierce Energy and Fierce SmartGrid. The judges chosen for this prestigious recognition included the following industry leaders: Robert Hance, President & CEO, Midwest Energy Cooperative; Ted Reguly, Director of Customer Programs & Projects, San Diego Gas & Electric; and Cheri Warren, Vice President, Asset Management, National Grid.

Jason Nelson, publisher of FierceEnergy and FierceSmartGrid says, "Our awards program is a celebration of the work that innovative companies are doing to develop the technologies that will propel the power industry into the future. We were thrilled to offer the comanies developing these products an unparalleled opportunity to have their services reviewed by utility industry decision-makers."

To learn more about BuildingIQ, visit http://www.buildingiq.com/.

About BuildingIQ

BuildingIQ is a leading provider of advanced energy management software that actively predicts and manages HVAC loads in commercial buildings. As the only supplier of patent-pending Predictive Energy Optimization^tm technology, BuildingIQ's cloud-based solution is powering energy and operational savings in buildings across the globe with reductions in HVAC energy costs by as much as 25 percent. BuildingIQ delivers measureable results and has received backing from tier one industry leaders including Aster Capital (backed by Schneider Electric (News - Alert), Alstom and Solvay), the Venture Capital unit of Siemens Financial Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

Recognized as a leader in its industry, BuildingIQ most recently was named winner of the 2013 Bloomberg New Energy Pioneers Award, a 2013 Cool Vendor in Green IT and Sustainability by Gartner (News - Alert) and listed on the 2012 Global Cleantech 100 and AlwaysOn Going Green Global 200.

About FierceMarkets

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