Energate Announces Niraj Bhargava as Special Advisor to the Board

Niraj Bhargava Has Agreed to Stay Engaged With Energate as Special Advisor to the Board

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| Source: Energate Inc.

OTTAWA, Jan. 17, 2014 (GLOBE NEWSWIRE) -- Former COO Steve Dodds was named CEO in October 2013 after Niraj stepped aside as CEO. Niraj has moved on to do consulting work as he follows through on a family commitment for international travel. Niraj was co-Founder and initial Chairman of Energate, and its CEO since 2004.

Under Niraj's leadership, Energate achieved a number of key milestones including:

  • over 40 utility pilots for residential demand response in partnership with many of the top smart grid companies
  • major project with Silver Springs Networks and Oklahoma Gas and Electric (OGE) providing smart thermostats for the SmartHours deployment delivering over 100 MW peak reduction
  • full approval and software installation for Ontario's peaksaver PLUS® Program with the Ontario Power Authority
  • over $15M of capital raised to fund Energate's development
  • awarded contract with Ontario's Smart Grid Fund to work with Ontario utility companies to enhance consumer engagement to the Smart Grid
  • three time Green 15 and 2013 Technology Fast 50 Award winner

"Energate's board and staff thank Niraj for his leadership and service in growing Energate and are pleased to continue to leverage his experience and market knowledge as a special advisor to the board," said Tom Tamblyn, chairman, Energate board of directors.

About Energate

Energate is a leading provider of demand response and home energy management solutions including software, wireless communications, gateways, smart thermostats, switches and consumer energy displays. The Consumer Connected Demand Response (CCDR) solution allows utilities to immediately address residential energy demand and empowers consumers to more effectively manage their energy use. Energate products seamlessly connect to the Smart Grid to deal with supply and demand challenges, the increased use of renewables and dynamic rate structures. Founded in 2004, Energate is headquartered in Ottawa, Ontario with offices in California, Washington, Texas, and Toronto.

Kevin Gallagher
Gallagher Group Communications
510.599.0416