| Retx Inc. and Pentech Solutions Inc. Begin Strategic Alliance to Help End-Users in Volatile Energy Markets | |
| 3/20/2001 | |
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ATLANTA, GA—Retx, Inc. and Pentech Solutions, Inc., two leaders in delivering application services to the energy industry, announced today an agreement to cross-promote each other’s products in order to better give their customers a full market solution to automatically reduce energy consumption and benefit from energy price volatility. Retx, based in Atlanta, Georgia, offers a suite of back-office solutions to energy retailers, utilities and end-use customers. One product is its Load Management Dispatcher (LMD) that provides Retx customers with near real time control of their economic dispatch of energy loads based on market opportunities. Pentech Solutions, headquartered in San Diego, offers its customers a highly effective Internet-enabled solution to manage and control the total cost of ownership of facility-based equipment. Pentech’s eMAC service empowers the end-use customer to manage all maintenance service issues over the Internet and make educated decisions regarding a facility’s energy load. Ross Malme, President and CEO of Retx, said, “This alliance is a natural. On one hand we’ve got the technology to give energy customers the means to automatically monitor the market, be alerted when to it’s best to dispatch their load, and accurately track their savings and returns. And on the other hand, Pentech has the leading edge solutions to give customers control of their electrical and mechanical infrastructure in order to ensure the best return on the customer’s investments. We’re a match that gives market controls to energy consumers.” Tom Crews, President and CEO of Pentech Solutions, said, “We are excited about working with Retx. Joining forces with Retx is one more example of how Pentech is leveraging its energy information and energy management expertise to ensure that its commercial and industrial customers are properly rewarded for their efforts to reduce demand and operate more efficiently. By taking full advantage of our respective core competencies, Retx and Pentech are now able to provide a turnkey solution that meets the needs of both energy service providers and commercial and industrial consumers for reducing gas and electricity demand during peak periods.” Retx works throughout North America with electric and gas distribution utilities, load serving entities, ISOs, and retail energy service providers that have or will deregulate or unbundle their energy services. The company provides fully integrated and secure Web-based services customized for each company, including customer enrollment, meter information management, retail settlements, curtailment management, performing compliance responses, assisting with audit capability, and more. Retx also works with energy companies to plan and prepare for customer choice in future deregulating marketplaces. ... Pentech Solutions is a facilities and energy management Application Service Provider (ASP). Pentech Solutions has combined the convenience of the Internet and the power of two-way wireless communications to bring you eMAC, the most cost-effective solution for remote management of packaged HVAC. eMAC (Internet–enabled energy-efficiency, Management and Control) is the first total cost of ownership solution for packaged HVAC. By enabling two-way remote communication over the Internet, equipment life can be extended, repair costs minimized and energy costs controlled, all from the convenience of your computer. Pentech Solutions markets its unique facilities and energy management solutions to the commercial, industrial, government and municipal markets throughout the world. For more information on Pentech Solutions, call 888-530-eMAC, or visit the company’s Web site at www.pentechsd.com.
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