Octus Energy, Inc.
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News

Octus Energy Awarded Contract To Develop Energy-Efficient
Exterior Lighting Systems For The City Of Davis

MarketWire (July 22, 2010)
Octus has been awarded a contract to develop an energy-efficient lighting retrofit project for the City of Davis, California, focused on the City’s downtown parking facilities and its Central Park Pavilion. Octus will manage the project development process, including energy and technology analysis, contractor selection, and project management.
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Octus Energy Selected By The City Of Roseville As Approved
Energy Efficiency Contractor For Stimulus Projects

MarketWire (July 15, 2010)
Octus has been named an approved energy efficiency contractor for Roseville Electric’s Small Business Lighting Program. Octus’ selection is part of Roseville Electric’s $1,073,700 in American Recovery and Reinvestment Act of 2009 (ARRA) funds for energy efficiency programs granted to the City of Roseville.
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Octus Energy Completes Energy-Efficient Lighting Project For
Contra Costa Community College District

MarketWire (July 14, 2010)
Octus has completed an energy-efficient lighting project for the Contra Costa Community College District, one of the largest multi-college community college districts in California. Octus secured the project through a competitive bid process. The retrofit is projected to generate a simple payback of 1.94 years with a 51% return on investment, which is the product of an estimated 70% reduction in electricity use of the District's exterior lighting system.
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Leading Retailer Purchases Energy-Efficient Wickool® Products From Octus Energy, Eliminates Need For Costly Drainage Piping
MarketWire (June 29, 2010)
One of the world’s leading retailers has purchased nine Wickool® units for installation atop one of its Northern California retail stores. “By installing Wickool® evaporative cooling units, this retail industry leader’s store will recycle hundreds of gallons of water produced each day by their rooftop HVAC units and thus improve the energy efficiency of such equipment, while eliminating the need for costly condensate piping,” said John Walter, senior manager, smart energy products with Octus.
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Octus Completes Acquisition of Quantum Energy Solutions
MarketWire (June 10, 2010)
Octus announced the completion of its acquisition of substantially all of the assets of Quantum Energy Solutions, Inc., a pioneer developer of energy efficiency projects. Founded in 1974, Quantum is one of the first energy management companies in the United States to specialize in energy efficiency. Over the course of their years with the company, Quantum’s principals have executed more than 1,500 energy projects.
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Octus Announces Definitive Agreement To Acquire Quantum Energy Solutions
MarketWire (May 18, 2010)
Octus announced the signing of a definitive agreement to acquire privately held Quantum Energy Solutions, Inc., a pioneer in energy efficiency project development and smart energy product commercialization. “Quantum and its principals are energy industry leaders with a rich history of successfully deploying energy efficiency projects throughout the United States and Canada,” said Chris Soderquist, Octus CEO. “When the transaction is completed, we believe the fusion of our companies, our capabilities, and our sales pipelines will significantly and immediately expand Octus’s ability to develop energy efficiency projects."
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Octus Secures Contract to Demonstrate LED Parking Garage Lighting System
MarketWire (April 21, 2010)
Octus announced a contract to test and demonstrate energy-efficient LED parking garage fixtures for one of the largest hotel-casinos in Northern California. “This is a sound opportunity to demonstrate how a major hotel-casino can reduce its energy use, expenses and carbon impact through a solid-state LED lighting system,” explained Octus CEO Chris Soderquist. “In addition to the economic and environmental benefits for the hotel-casino, we anticipate the safety, security, visibility and visual comfort of the parking facility will greatly improve.”
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Commercial Real Estate and Product Marketing Executives Join Octus
MarketWire (April 19, 2010)
“The opportunity to automate, manage and finance smart energy initiatives ­ to make buildings smart and efficient ­ is core to our strategy,” said Chris Soderquist, Octus CEO. “Katie Bolich is an accomplished technology industry executive who has created, marketed and licensed innovative technologies with world-class companies. George Condon’s experience as developer and manager of more than five million square feet of commercial properties is invaluable to our marketing, development, financing and management of energy efficiency projects. Together, Katie and George bring a wealth of immediately applicable experience to Octus.”
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Octus Presents Wickool Update to HVAC and Utility Industry Leaders
MarketWire (April 1, 2010)
Octus presented an update of the commercial development of Wickool at the Western Cooling Efficiency Center’s annual affiliate meeting. “The Western Cooling Efficiency Center drives innovation in the HVAC industry,” said Octus Senior Manager of Smart Energy Products, John Walter. “This annual event provided Octus an opportunity to highlight the commercial efficacy and development of Wickool to an audience of HVAC industry leaders, including utility company, big box retail, and HVAC OEM executives. Based on their immediate feedback, we have a clear roadmap for Wickool’s commercialization.”
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Octus Adds Two Technology Executives To Its Management Team
MarketWire (January 29, 2010)
Octus announced the addition of two technology industry executives to its management team, strengthening the company’s launch of the Octus Smart Energy Platform (OctusSEP). Joining the company are Dave Glende as Senior Manager, Smart Energy Services, and John Walter as Senior Manager, Smart Energy Products.
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Octus Executes LOI To Acquire Quantum Energy Solutions
MarketWire (January 19, 2010)
Octus announced it has signed a non-binding letter of intent to acquire Quantum Energy Solutions, Inc., a pioneer in the development of energy conservation projects. “As disclosed in our 2010 guidance, strengthening and expanding the Octus Smart Energy Platform (OctusSEP) through the acquisition of energy service and smart energy product companies is a key tenet of our growth strategy,” said Octus CEO Chris Soderquist.
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Octus Provides Guidance for 2010 Operations
MarketWire (January 13, 2010)
“Going into 2010, we believe that Octus has strong momentum with the ever-expanding market opportunity for smart energy solutions, in concert with our recently-announced reserve equity financing facility with AGS Capital,” said Octus CEO Chris Soderquist.
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Octus And Quantum Energy Secure Four Smart Energy Efficiency Projects
MarketWire (December 16, 2009)
Octus and Quantum Energy Solutions have secured four new smart energy projects, generating annual energy savings of 53% to 67%.
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Octus Secures $5 Million Financing Facility
MarketWire (December 7, 2009)
Octus announced it has entered into a definitive agreement with AGS Capital Group, a New York-based value fund, to provide investment capital of up to $5 million through a reserve equity financing facility.
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Octus Adds Energy Industry Executives To Its Advisory Group
MarketWire (October 27, 2009)
Octus strengthens its efforts to rapidly commercialize smart energy technologies with the addition of Mark Henwood, CEO of Henwood Associates, and Dr. Mark Modera, director of the UC Davis Western Cooling Efficiency Center, to the Octus Advisory Group.
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Octus Energy Announces Joint Venture with Quantum Energy
MarketWire (October 4, 2009)
Octus and Quantum Energy Solutions are partnering to commercialize Octus’s proprietary Smart Energy Platform (OctusSEP). “Over the past 35 years Quantum has managed more than $100 million in energy projects for several hundred clients, including Safeway, Bank of America, Sears, Hewlett-Packard and Chevron. This partnership significantly and immediately expands Octus’s product distribution and implementation of smart energy solutions.”
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Octus, University of California Execute Exclusive Worldwide License
MarketWire (September 1, 2009)
Octus announced an exclusive worldwide license with the University of California for Wickool, a passive evaporative cooling technology for commercial rooftop HVAC units. “The Western Cooling Efficiency Center (WCEC) is very pleased Octus has licensed Wickool from UC Davis,” said Mark Modera, director of the WCEC and a Sempra Energy Distinguished Scholar in Energy Efficiency. “We believe Octus will expeditiously move the technology into the marketplace.”
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Octus Partners with University of California Smart Energy Research Centers
MarketWire (August 20, 2009)
Octus announced its affiliation with tthe California Lighting Technology Center (CLTC) and the Western Cooling Efficiency Center (WCEC). As an affiliate member, Octus will collaborate with CLTC and WCEC to develop and deploy the Octus Smart Energy Platform (OctusSEP), focused on commercializing innovative and highly efficient lighting and cooling products and systems.
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Octus Energy Adds Two Energy Industry Executives
MarketWire (July 9, 2009)
Octus announced the addition of Tobin J.M. Richardson as Senior Advisor, Energy Markets, and Siva Gunda as Senior Engineer, Smart Energy Solutions. “Smart energy is a dynamic space, and Tobin and Siva are dynamic energy industry executives,” said Chris Soderquist, Octus CEO. “They bring a wealth of relevant, seasoned and contemporary experience and relationships to Octus that we believe will catalyze commercialization of OctusSEP and spring innovation within the company.”
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Octus Partners with University of California Smart Energy Research Centers
MarketWire (August 20, 2009)
Octus announced its affiliation with tthe California Lighting Technology Center (CLTC) and the Western Cooling Efficiency Center (WCEC). As an affiliate member, Octus will collaborate with CLTC and WCEC to develop and deploy the Octus Smart Energy Platform (OctusSEP), focused on commercializing innovative and highly efficient lighting and cooling products and systems.
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Octus Energy Adds Two Energy Industry Executives
MarketWire (July 9, 2009)
Octus announced the addition of Tobin J.M. Richardson as Senior Advisor, Energy Markets, and Siva Gunda as Senior Engineer, Smart Energy Solutions. “Smart energy is a dynamic space, and Tobin and Siva are dynamic energy industry executives,” said Chris Soderquist, Octus CEO. “They bring a wealth of relevant, seasoned and contemporary experience and relationships to Octus that we believe will catalyze commercialization of OctusSEP and spring innovation within the company.”
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Octus Energy Partners With California Lighting Technology Center
in Support of the “California Smart Lighting Initiative”

MarketWire (June 16, 2009)
"Octus Energy’s comprehensive approach to energy efficiency – including system design, project financing, automated controls and energy management – is what the industry needs," said Michael Siminovitch, Director, California Lighting Technology Center. "We look forward to helping the company fuse and catalyze OctusSEP with the California Smart Lighting Initiative.
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SmallCapVoice.com Audio Interview Featuring Octus Energy CEO
BusinessWire (June 10, 2009)
“We believe Octus has built a solid foundation for tremendous growth, and concurrently we are pleased to have the opportunity to share our developments with shareholders and the potential new investor base provided by SmallCapVoice.com,” said Octus CEO Chris Soderquist.
Listen to the Interview>

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Octus Energy Announces the Octus Smart Energy Platform
MarketWire (June 2, 2009)
Octus announced the OctusSEP (Smart Energy Platform), a turnkey energy savings and demand response management system.
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Octus Energy Adds Top-Tier Technology and Energy Executives
to Its Senior Management Team

MarketWire (May 27, 2009)
Octus announced the addition of two senior executives to its management team, amplifying the company’s pursuit to commercialize its full-scale Smart Energy Platform. Joining the company are Mike McConnell as Manager, Business Development and John Mattice as Manager, Energy Efficiency Projects.
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Octus Initiates Streamlined Energy Efficiency Stimulus Program for Cities and Counties
MarketWire (May 21, 2009)
Octus today announced the launch of EECBG: $1-to-$3, an innovative solution to help cities and counties maximize the immediate benefit of Energy Efficiency and Conservation Block Grant (EECBG) funding. Octus’s EECBG: $1-to-$3 is designed to optimize the participation of cities and counties in their deployment of $3.2 billion in EECBG funds, as part of $16.8 billion allocated under ARRA for Energy Efficiency and Renewable Energy programs.
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Octus Appoints Industry Innovator as Director
Octus Energy (May 5, 2009)
Octus Energy today announced John Argo, a seasoned alternative energy executive and successful entrepreneur, has joined Octus as Director, Energy Projects & Finance.
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UC Davis's Energy Efficiency Center Makes Conservation Sexy
Fast Company (May 1, 2009)
The United States generates more energy than any other country in the world -- and wastes more than half of it. Efficiency, it turns out, can be a rich resource ... WicKool is a retrofit device that improves the performance of rooftop air conditioners up to 5% by recycling condensation. Wic-Kool is considered one of the standout ideas developed at Davis so far; within five months of the first napkin sketch, Wal-Mart was trying it out atop a Sacramento store.
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Octus Announces Advisory Group
MarketWire (April 2, 2009)
Octus Energy today announced the formation of its Advisory Group, composed of leading professionals in the renewable energy, energy efficiency, and financial services industries.
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Eleven Cool Names and Concepts to Watch in Air Conditioning
Greentech Media (March 31, 2009)
Air conditioning. You only think it's boring. It's one of the big issues in global warming. Here are some companies and concepts to keep your eye on ... #2, Octus Energy: The company is trying to commercialize a technology out of UC Davis called WicKool that collects the condensate (i.e., water drops) extracted from the cool air flows created by an air conditioner and uses that to pre-cool incoming air.
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Octus and SolarNet to Pursue Renewable Energy Efficiency Projects
MarketWire (March 25, 2009)
"Octus Energy, through their combinatorial approach of blending renewable energy and energy efficiency systems, is cultivating a unique and pragmatic economic value proposition," said David Michalek, SolarNet COO.
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Letter of Intent Signed with University of California
MarketWire (March 17, 2009)
“This collaboration between the Western Cooling Efficiency Center and Octus Energy is a prime example of how world-class innovations can be brought to market,” said Benjamin Finkelor, executive director of the UC Davis Energy Efficiency Center.
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Events:

American Council for an Energy–Efficient Economy
August 15-20, 2010; Pacific Grove, CA

Alternative Energy & Building Efficiency
September 23-24, 2010; Chicago, IL

Green Contractors Expo
September 28-29, 2010; Las Vegas, NV

West Coast Green
Sept. 30—Oct. 2, 2010; San Francisco, CA

Green California Community College Summit
October 12-13, 2010; Pasadena, CA

International Association of Lighting Management Companies Annual Convention
October 17-20, 2010; Cabo San Lucas, Mexico

Green California Schools Summit
December 8-10, 2010; Pasadena, CA

 

 
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