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Dude Solutions Closes Asset Purchase Agreement with New Energy Technology (NET)

Acquisition of the EnergyCenter™ software platform follows successful two-year partnership of providing organizations with actionable energy insights


News provided by

Dude Solutions, Inc.

Apr 30, 2019, 11:05 ET

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CARY, N.C. and GRAND JUNCTION, Colo., April 30, 2019 /PRNewswire-PRWeb/ -- Dude Solutions, the leading software-as-a-service (SaaS) provider of operations management solutions, and New Energy Technology (NET), experts in developing and supporting energy information software systems, today announced the successful transaction of an asset purchase agreement. Dude Solutions has acquired the EnergyCenter™ product asset from NET and welcomes a veteran team of product management and software engineering experts who will be joining the company.

Energy Center is a cloud-based energy information system equipped to support all aspects of a sustainable, high-performance energy management program. From a single interface, users can collect and track utility bills, synchronize data with an ENERGY STAR® Portfolio Manager account and interpret energy data to quickly identify cost savings.

After two years of selling and implementing the EnergyCenter (as Energy Manager™ by way of partnership with NET), Dude Solutions clients are regularly saving 5-15% when using the software to inform and implement energy savings programs.

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"Energy is the second largest cost in the annual budget of our clients, and we are always seeking ways to help them track, control, conserve and reduce their overall utility spend," said Ed Roshitsh, CEO of Dude Solutions. "After two years of selling and implementing the EnergyCenter (as Energy Manager™ by way of partnership with NET), our clients are regularly saving 5-15% when using the software to inform and implement energy savings programs. By purchasing the EnergyCenter asset from NET, we're able to continue NET's great work and empower even more organizations to take control of their energy expenses and become better stewards of resources for their communities."

The acquisition marks the start of a newly created Energy business unit for Dude Solutions as the company continues its focus on selling Energy Manager to organizations in education, local government and healthcare. There are no changes to the product or service experience for existing Energy Manager clients.

"NET was founded in 2003 with the purpose of empowering organizations to effectively manage their energy and basic utility use. That's why we created The EnergyCenter: technology designed for both the sophisticated energy engineer and daily commercial facility operator to build a conservation army across their entire organization. When operators – both in the public and private sector – have access to the right information at the right time, they make smarter decisions and see better results," said Charley Haupt, President of NET. "By partnering with Dude Solutions, we are empowering thousands of organizations to build their conservation army, eliminate energy waste, achieve significant savings and help protect the environment."

As part of the agreement, NET will continue providing service and support to their existing clients and retain a license to sell to industries not served by Dude Solutions. Additionally, Dude Solutions has entered into a lease agreement for the NET software engineering office in Olympia, WA, establishing the company's fifth location in North America.

For more information about Dude Solutions Energy Manager visit dudesolutions.com/energy and for more information about NET, visit newenergytech.net

About Dude Solutions
Dude Solutions is a leading software-as-a-service (SaaS) provider of operations management solutions to education, government, healthcare, senior living, manufacturing and membership-based organizations. For nearly two decades, Dude Solutions has inspired clients to create better work and better lives. We combine innovative, user-friendly technology with the world's smartest operations engine, empowering operations leaders to transform the most important places in our lives. Today, more than 12,000 organizations use our award-winning software to manage maintenance, assets, energy, safety, IT, events and more. For more information, visit dudesolutions.com.

About New Energy Technology
New Energy Technology (NET) is a team of diverse professionals that are committed to efficiency, conservation, and the environment. The EnergyCenterTM, the most advanced Energy Management Information Systems, is designed to support energy accounting, 15-minute interval data and utility management initiatives. Utilizing its technology, NET assists the retail and the utility industry in developing a sustainable conservation culture that continually eliminates energy waste generating significant reduction in both energy usage and costs. NET has a 14-year relationship with ENERGY STAR® that has supported multiple clients in achieving over a decade of ENERGY STAR Partner of the Year for Energy Management and Sustained Excellence Awards, the highest level of recognition from the Environmental Protection Agency (EPA). For more information, visit newenergytech.net.

SOURCE Dude Solutions, Inc.

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