| OCTUS ENERGY PARTNERS
WITH CALIFORNIA LIGHTING TECHNOLOGY CENTER IN SUPPORT OF
THE “CALIFORNIA SMART LIGHTING INITIATIVE”
Davis, California (June 16, 2009) -- Octus
Energy (OTCBB: OCTI.OB) today announced it is joining the
California Lighting Technology Center’s (CLTC) California
Smart Lighting Initiative. The Initiative was conceived by
CLTC in association with industry partners, the University
of California, California utilities, and the California Energy
Commission with an aim to reduce maintenance, energy and
operational costs for exterior lighting applications by 50%
or more.
“The CLTC has developed energy efficient
exterior lighting technologies that adjust light levels according
to occupancy and need rather than set levels of light to
areas that may not be in use,” said Michael Siminovitch,
CLTC Director. “The effectiveness of these smart bi-level
fixtures has been proven in a variety of California campus
environments showing the viability and value of their energy
savings and performance.”
The Initiative establishes a statewide directive
for all public building applications, including universities,
colleges, municipalities and state buildings to adopt smart
exterior lighting. Applications include parking lot, parking
garage, pathway and building lighting.
“The CLTC spearheads innovation in
the lighting industry, and we advocate their smart lighting
initiative,” said Chris Soderquist, Octus CEO. “We
intend to proactively bring best-of-breed exterior lighting
solutions to market as part of the Octus Smart Energy Platform
(OctusSEP). Our collaboration with CLTC is a major step forward
for our company and the Initiative.”
“This is what we do: Work with forward-thinking,
innovative companies to conceive, create and commercialize
next-generation lighting solutions,” explained Siminovitch.
“Octus Energy’s comprehensive approach to energy
efficiency – including system design, project financing,
automated controls and energy management – is what
the industry needs. We look forward to helping the company
fuse and catalyze OctusSEP with the California Smart Lighting
Initiative.”
# # #
About Octus
Octus Energy (OTCBB: OCTI.OB) is a smart energy management
company headquartered in Davis, California. Octus intends
to develop, market and sell energy-efficient lighting and
cooling solutions that enable public sector and private organizations
to significantly reduce their energy expenses. The company
intends to deliver solutions through OctusSEP (Smart Energy
Platform), a turnkey energy savings and demand response management
program targeting a $40 billion annual market in the United
States.
About the California
Lighting Technology Center (CLTC)
CLTC (http://cltc.ucdavis.edu) was established through a
collaborative effort of the California Energy Commission
and the University of California, Davis, with support from
the U.S. Department of Energy and the National Electrical
Manufacturers Association. The Center engages in cooperative
and independent projects with lighting manufacturers, electrical
utilities, and design and engineering professionals, facilitating
the commercialization of products developed at CLTC. More
than 40 leading companies, including a who’s-who list
of lighting manufacturers, are affiliated with CLTC.
Contact:
Chris Soderquist, Octus, chris@octusenergy.com,
530/564-0200
http://octusenergy.com
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