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Federspiel Controls Named TiE50 Award Finalist

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Posted April 25, 2011

Silicon Valley Award Recognizes “The Best In Entrepreneurship” in Technology Start-ups

EL CERRITO, Calif.--(BUSINESS WIRE)-- Federspiel Controls announced today that it has been named a finalist for the TiE50 Award, Silicon Valley’s premier annual awards program recognizing “the best in entrepreneurship” in technology startups worldwide. TiE Silicon Valley, host of the TiE50 award, is the world’s largest not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship.

Federspiel Controls provides energy management systems for data centers, telcos and buildings, using sophisticated AI-based technology that transforms heating and cooling into a managed resource. Its systems deliver increased uptime and resilience while simultaneously reducing energy costs by as much as 50%.

Federspiel Controls technology has been attracting significant attention based on the extraordinary results of data center implementations throughout the United States. Most recently NTT Facilities chose to resell Federspiel Controls energy management systems worldwide, after the success of its pilot project in which Federspiel Controls reduced cooling energy costs by more than 60% at a co-lo data center managed by NTT America.

“Data center managers look for every tool they can find to protect facility uptime and resiliency, allowing them to effectively deliver top availability and meet SLA commitments,” said Mark Housley, Federspiel Controls CEO. “Our unique ability to deliver this protection, while also significantly reducing energy costs, has contributed to our dramatic growth in the last year. We’re excited that the prestigious TiE organization has taken notice and recognized Federspiel Controls as a finalist for this important award.”

Winners of the 2011 TiE50 award will be named at the TiEcon 2011 conference on May 13 and 14th in Santa Clara, California.

About Federspiel Controls

Federspiel Controls (www.federspielcontrols.com) is the leader in dynamic energy management systems for data centers, telecommunications facilities and large, commercial buildings. Since its start in 2004, the company has pioneered the application of advanced, artificial intelligence technology to the real-time demands of energy usage, delivering significant reductions in operating costs and increased reliability. Federspiel Controls is a privately held firm located in the technology corridor of San Francisco’s East Bay and is committed to green energy solutions that make for a more sustainable planet.

Federspiel Controls, the Federspiel Controls logo, Real-Time Energy Optimizer, SLA Sentry and Uptime Advisor are trademarks of Federspiel Corporation. All other company and product names may be trademarks of their respective owners.



CONTACT:

Federspiel Controls
Pamela Crowley, 408-529-9655
pcrowley@federspielcontrols.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Energy  Utilities  Other Energy  Technology  Data Management  Hardware  Software  Telecommunications  Environment  Construction & Property  Commercial Building & Real Estate

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