BuildingIQ Launches Managed Services Package to Enhance Predictive Energy Optimization™ Platform

SAN FRANCISCO--(BUSINESS WIRE)--

BuildingIQ, a leading energy optimization software company, today announces its new Managed Services package. Composed of four unique offerings, BuildingIQ's Managed Services ensure the continuous health of a building's HVAC system by leveraging the company's highly trained operations team to optimize current assets, address inefficiencies, further increase occupant comfort and add additional transparency into energy savings. It is also designed to further enhance the energy-saving capabilities of its Predictive Energy Optimization^TM (PEO) platform, which uses advanced algorithms and predictive analytics to automatically reduce heating, ventilation and cooling (HVAC) operations in commercial buildings.

The Managed Services offerings are now available to both existing and new clients and can either be implemented as a standalone service on the platform or in conjunction with PEO:

• Comfort Command Center. BuildingIQ's team of experts handle, assess and facilitate immediate resolution of occupants' comfort complaints, freeing up valuable time for building personnel. BuildingIQ will also intercept grievances, diagnose root causes, and work with the onsite building staff to rectify any issues.
• Remote HVAC Controls RCx. Available as a one-time or as-needed service, this offering provides a detailed assessment of a building's HVAC controls system. Pending results, BuildingIQ will make the necessary adjustments to return operations to peak performance levels. While results will vary, efficiency is predicted to improve by as much as 15 percent from this assessment.
• HVAC Controls Uptime Assurance. Through cloud-based remote access, BuildingIQ will continuously monitor performance at every level of operations, from entire building to individual controls throughout all hours of the day, looking for inefficiencies that degrade performance. BuildingIQ will then work with building personnel to maintain peak performance.
• Predictive Load Forecasting and Analysis. BuildingIQ delivers daily assessments detailing how a building is consuming energy. As part of this service, customers will receive a notification explaining how the building performed, how this compares to expectations for the facility and a performance projection for the next 24 hours. Using this information, the building operations team can more easily assess the impact of operational decisions, identify anomalies and improve strategies for the future.

By utilizing these Managed Services along with the PEO platform, BuildingIQ customers will not only have access to the latest intelligent energy management software, but also to a fleet of industry experts who can further support and integrate with a building's existing operations. Through this combined effort, customers can be assured that they are achieving the greatest energy and financial savings possible.

"BuildingIQ's PEO platform has saved millions of dollars in energy costs for our commercial clients, all with minimal human intervention after set up," said Michael Nark, CEO of BuildingIQ. "Our new Managed Services not only aim to optimize a building's current infrastructure, but also its facility management. We become an extension of the facility's on-site team and we're confident we'll be able to increase both energy and cost savings for current and future clients."

To learn more about BuildingIQ's Managed Services, visit www.buildingiq.com/products/managed-services/ or contact a member of the sales team at sales@buildingiq.com.

About BuildingIQ

BuildingIQ is a leading provider of advanced energy management software that actively predicts and manages heating, ventilation and air conditioning (HVAC) loads in commercial buildings. As the only supplier of patented Predictive Energy Optimization technology, BuildingIQ's cloud-based solution is powering energy and operational savings in buildings across the globe with reductions in HVAC energy costs as high as 25 percent. BuildingIQ delivers measureable results and has received backing from tier one industry leaders including Aster Capital (backed by Schneider Electric, Alstom and Solvay), the Venture Capital unit of Siemens Financial Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO). Recognized as a leader in its industry, BuildingIQ has received a number of awards most recently the National iAward for Sustainability in Australia. BuildingIQ is trading on the Australian Securities Exchange under the ASX code BIQ.

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