Octus Energy Awarded Contract to Develop Energy-efficient Lighting Project for the City of Davis

July 22, 2010 - PRLog -- Octus, Inc. (OTCBB- OCTI.OB), a leading smart energy efficiency company, today announced it has been awarded a contract to develop an energy-efficient lighting retrofit project for the City of Davis, California, focused on the City’s downtown parking facilities and its Central Park Pavilion. Octus will manage the project development process, including energy and technology analysis, contractor selection, and project management.

“The City of Davis has progressively and aggressively implemented energy-savings solutions over the past four decades,” said Octus Vice President of Energy Solutions Mananya Chansanchai. “Based on our preliminary analysis, a combination of energy-efficient induction and LED lighting systems, including bi-level lighting fixtures, merit consideration. Through smart and energy-efficient illumination of their downtown parking facilities and Central Park Pavilion, the City will generate a triple bottom-line return: reduce energy costs, decrease its carbon footprint, and enhance the light quality and safety of its public spaces.”  

“This project is the first concrete action resulting from the City’s Climate Action and Adaptation Plan adopted in June,” said Mitch Sears, the City’s Sustainability Program Manager.  “Simple, cost-effective solutions like the lighting retrofits that Octus is helping us accomplish are the key to meeting the City’s greenhouse gas reduction goals.”

“This engagement amplifies Octus’ strength as a developer of energy efficiency projects, specifically our ability to diagnose, prescribe and implement best-in-class smart energy solutions,” said Octus CEO Chris Soderquist. “It is another win for Octus, and we look forward to expanding our portfolio of local government clients and projects in the coming months.”

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Octus, Inc. (OTCBB- OCTI.OB) is a smart energy efficiency company headquartered in Davis, California that significantly reduces the energy costs of commercial and institutional buildings through energy-efficient lighting, HVAC and energy management systems. Octus monetizes the energy savings it creates through three business units: Smart Energy Technologies, Energy Project Development and the Octus Smart Energy Platform. Octus’ energy project development division, Quantum Energy Solutions, has completed more than 1,500 smart energy projects for 300-plus clients including ARCO, Bank of America, Blockbuster, Chevron, Delta Airlines, Frito Lay, Hewlett-Packard, Home Depot, Ikea, Nabisco, Pepsi, Petco, Safeway, Sears, Siemens, and University of California.