Contact Information: Media Contacts For Optimal Technologies Jason Mandell or Amy Neal 415.625.8555 otii(at)launchsquad(dot)com
Optimal Technologies Named AlwaysOn GoingGreen 50 Winner
Company Selected as a Leading Green Technology Innovator for Smart Grid Technology
| Source: Optimal Technologies International Inc.
RALEIGH, NC--(Marketwire - March 3, 2009) - Optimal
Technologies International Inc., the leading developer of technologies
to optimize smart grid
systems, today announced that it has been selected to the 2009 GoingGreen
East 50 Top Private Company list. The GoingGreen East 50 Award is given to
private, emerging companies creating new business opportunities in green technology. Optimal
Technologies, one of only seven companies selected in the energy efficiency
and management category, was chosen for the award based on the criteria of
demonstration of growth, market opportunity, quality of innovation and
customer traction.
As the leading developer of power grid system analysis and optimization
technologies and the only developer of grid improvement ranking technology,
the Raleigh-based smart grid developer, Optimal Technologies, enables
utilities to maximize the usage of alternative energy resources such as sun
and wind power. In December, Optimal released its recommendations to the Obama
Administration on making our antiquated power grid a top priority in the
race to add renewable energy and create new jobs.
"Global power demand is increasing drastically and leaders are beginning to
recognize the need for optimized energy efficiency. We at Optimal envision
a truly 'genius' grid that will be reliable and secure, reduce greenhouse
gases, prevent energy crises like blackouts, and enable powerful
alternative energy technologies," said Roland Schoettle, founder of Optimal
Technologies. "Being named a GoingGreen Top 50 greentech company validates
our strategy of offering the most cost-effective solution for
revolutionizing the power grid and enabling a quick transition to a
renewable energy based system."
"The GoingGreen East 50 companies have demonstrated their tenacity even in
the toughest economic conditions that the technology world has ever
encountered," said Tony Perkins, founder and editor of AlwaysOn. "We
applaud their success in pushing the boundaries of innovation, creating
market opportunities and transforming the industry even in the earlier
stages of their businesses."
The GoingGreen East 50 winners were selected from among hundreds of other
technology companies nominated by investors, bankers, journalists and
industry insiders. The AlwaysOn editorial team conducted a rigorous
three-month selection process to finalize the 2009 list.
Optimal Technologies and the other GoingGreen East winners will be
recognized at the GoingGreen East Conference at the Four Seasons in Boston,
Mass., on March 9-11. This two-and-a-half day executive conference is
co-presented and will feature presentations and high-level debates from
CEOs, journalists, industry experts, investors and greentech executives.
About Optimal Technologies
Optimal Technologies develops solutions to help power utilities, businesses
and consumers maximize their energy efficiency and minimize their carbon
footprint. The company's mission is to enable a more efficient, reliable
and environmentally responsible electric power grid. Optimal's unique
products and services have the potential to create unprecedented industry,
economic, environmental and consumer benefits worldwide. Optimal is a
privately held company financed by Goldman Sachs International.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first
media brand to launch a global blog network. In 2004, AlwaysOn continued to
lead the media industry in innovation by introducing a social network where
members can connect and engage. AlwaysOn is also revolutionizing the media
business by applying its open-media principles to its executive event
series (Summit at Stanford, OnMedia, OnHollywood, GoingGreen East and West,
Venture Summit East and West) and quarterly print "blogozine" by empowering
its members to post and share their ideas and meet each other online. As
our loyal readers know, AlwaysOn is committed to the free-market,
merit-driven approach to reporting and event programming. No other media
brand has dared to create such open interaction with its readers and event
participants.