Walgreens Standardizes on EnerNOC’s Energy Intelligence Software Platform

Retailer Uses EnerNOC EIS for Energy Expense Management

Boston, Massachusetts, UNITED STATES

BOSTON, Aug. 25, 2015 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), announced today that during the first quarter, Walgreens expanded its use of EnerNOC's energy intelligence software to manage its utility bills at more than 8,300 sites across the United States.

“Managing energy expenses from over 30,000 discrete utility accounts can be a daunting task, but EnerNOC’s energy intelligence software centralizes that data, giving us a clear line of sight into exactly how much we’re spending and where. It also automatically analyzes the data for key trends and ensures that we’re billed correctly,” said Monica Ferrer, Senior Manager of Energy and Utilities at Walgreens. “We are excited to standardize on the EnerNOC platform and increase control over our energy costs, which are a significant component of our overall operating expenses.”

This expanded rollout of EnerNOC’s EIS to manage Walgreens’ utility bills replaces an incumbent solution. EnerNOC is able to provide global support, conduct robust auditing, and automate analyses. EnerNOC software will give Walgreens the visibility necessary to create more accurate energy budgets, track performance, and identify top priorities for improvement.

“Companies like Walgreens gain a competitive advantage when they deploy energy intelligence software to improve corporate governance,” said Eric Erston, Vice President of Global Sales at EnerNOC. “EnerNOC’s EIS is an ideal energy decision support system for enterprises to manage energy costs with the same discipline that they manage other major operating expense categories.”

To learn more about EnerNOC's energy intelligence software, visit: www.enernoc.com/solutions/enterprise-solutions.

About EnerNOC

EnerNOC is a leading provider of cloud-based energy intelligence software (EIS) and services to thousands of enterprise customers and utilities globally. EnerNOC’s EIS solutions for enterprise customers improve energy productivity by optimizing how they buy, how much they use, and when they use energy. EIS for enterprise includes budgeting and procurement, utility bill management, facility optimization, visibility and reporting, project tracking, demand management, and demand response. EnerNOC’s EIS solutions for utilities help maximize customer engagement and the value of demand-side resources, including demand response and energy efficiency. EnerNOC supports customer success with its world-class professional services team and a Network Operations Center (NOC) staffed 24x7x365. For more information, visit www.enernoc.com.

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Safe Harbor Statement

Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company’s energy intelligence software, and the benefits that customers may derive from technology updates or enhancements to that software, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section “Risk Factors” in EnerNOC’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company’s actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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