DALLAS - AT&T* and Georgia-based startup E3 Greentech today announced an agreement to provide wireless access to a central unit, the E3 Intelligent Bridge located in the home, to help homeowners and property managers optimize their energy use by automatically reducing energy waste.
E3 Greentech's Home Energy Management System (HEMS), one of the most innovative solutions available today in smart grid market technology, utilizes a cloud-based services platform and intelligent software in combination with in-home energy optimization hardware to deliver savings results effortlessly. It provides property owners the ability to more effectively monitor and manage energy consumption and automatically reduce energy waste.
The E3 solution uses adaptive software and techniques capable of learning and dynamically optimizing energy use with the premise to match - rather than control - consumer behavior. The smart grid technology reduces energy waste delivering energy savings of 15 percent or greater and reductions in peak energy demand of 25 percent or greater. By optimizing energy use dynamically, E3 acts in sync with a consumer's lifestyle.
"AT&T looks for opportunities to provide cost saving initiatives for our customers and E3 Greentech is doing just that by providing its customers with welcomed energy savings," said Glenn Lurie, president of emerging devices, resale and partnerships, AT&T. "We look forward to working with E3 Greentech on E3 Intelligent Bridge."
"E3 Greentech is overwhelmingly excited about being able to take the smart grid wireless, we have the highest level of confidence in the ability of AT&T's wireless network to deliver E3's next generation services to homeowners, property managers and utilities alike," said Greg Chambers, chief technology officer of E3 Greentech.
The wirelessly connected system is expected to be available in late summer of 2011.
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*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
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About E3 Greentech Enterprises, Inc.
E3 Greentech is a smart grid technology company that has developed a powerful cloud-based intelligent networked services platform called IROM (Integrated Rules Object Model) that can deliver significant reductions in energy consumption, peak demand, carbon emissions, and energy costs for electric utilities, property managers, communities, residential property developers, as well as residential property owners.
The first business application of E3's IROM is the Company's Home Energy Management System service. E3's patented software and unique cloud-based intelligent platform are bundled with an integrated network of smart microprocessors, sensors and controls installed at the premise to dynamically optimize energy use. HEMS is offered as fully bundled Software-as-a-service ("SAAS") product. It combines green building technology (e.g. intelligent devices, sensors and systems) and smart grid technology (e.g. IROM's unique software, energy efficiency optimization rules and processes) to deliver predictable sustainable energy savings.
Additional information about E3 Greentech Enterprises, Inc. and the products and services provided by E3 Greentech is available at www.e3greentech.com.
SOURCE AT&T Inc.
CONTACT: Sue McCain of AT&T Inc., +1-404-986-1799, email@example.com
Web Site: www.e3greentech.com