Company Logo Thursday, October 01, 2009

ecobee Receives Deloitte Technology Green15 Award

Press Releases Written By ecobee

Smart Thermostat Manufacturer Recognized as a Leader
In Providing Environmental Solutions

Toronto, October 1, 2009: ecobee, known for its innovative and easy-to-use ecobee Smart Thermostat, today announced it was selected for the 2009 Deloitte Technology Green 15TM Award.

The Deloitte Technology Green 15TM award honors companies creating innovative, important, and economically viable intellectual property in the burgeoning field of green technology. Deloitte Technology Green 15TM companies are judged on technology solutions that deliver both a significant environmental impact and demonstrate a compelling return on investment for their clients.

“This award further validates our message that being green can be easy and economical, “said Stuart Lombard, president and CEO of ecobee. “Being connected to the Internet and the Smart Grid makes the ecobee Smart Thermostat convenient, easier to use and smarter which in turn helps our customers reduce both energy consumption and costs.”

The ecobee Smart Thermostat is a connected device designed for ease of use and energy savings. ecobee’s intelligent algorithms allow consumers to save up to 20 percent on their heating and cooling costs. Internet connectivity allows them the convenience of accessing home settings through a web browser or iPhone, wherever they are.


“The ecobee Smart Thermostat is more than a thermostat – it is designed to connect to the Smart Grid to allow consumers to better manage their electricity consumption around new Time of Use rates,” added Lombard. “Because it is upgradeable over the network, customers can add applications to the device so that their thermostats are never obsolete.”


The following criteria are used to evaluate Deloitte Technology Green 15TM applicants:

• They must develop Canadian-based intellectual property that has the potential to achieve global leadership

• They must deliver solutions that offer a compelling return on investment for customers and encourage widespread commercialization of the technology

• They must create a measurable reduction of their customers’ environmental footprint and energy usage


Deloitte Technology Green 15TM applicants are judged against even more rigorous criteria than other Deloitte Technology Fast 50™ award categories, according to Deloitte.

About Deloitte
Deloitte, one of Canada’s leading professional services firms, provides tax, audit, consulting, and financial advisory services through more than 7,700 people in 57 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. the firm is dedicated to helping clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its Member Firms.

About ecobee
ecobee was founded in 2007 to deliver intelligent conservation solutions for real people. The company is building its product platform around The Leadership in Energy and Environmental Design (LEED) Green Building Rating System™. ecobee’s products are being sold for use in single family homes (both new and retrofitted), multi-family dwellings and light commercial properties. The ecobee Smart Thermostat is available through quality Heating and Cooling Contractors across North America. For more information, please visit http://www.ecobee.com.

Contact:
Jessica Dolmer (Toronto), (416) 987-1024, jessica@ecobee.com
or
Lucy Siegel (New York), 212-583-1043, ext., lsiegel@bridgeny.com

linkback: http://www.ecobee.com/company/newsdetails/id/103

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