Costa Mesa, CA – July 9, 2009 – EPS Corp, the leading energy intelligence company that develops and implements analytic, efficiency and clean solutions for Fortune 500 companies, today announced opening of a San Francisco office and the addition of new executives Iyad Darcazallie and Ryan Bennett.
Supported by a recent $30MM Series B financing round, the EPS Corp San Francisco office will support increased energy services to a growing base of customers within the Pacific Gas & Electric territory, including many Northern California technology companies and channel partners. The office will also host the company’s structured finance activities, providing support for products like Rebate xChange, EPS PowerSaver, EPS Shared Savings, EPS PPA and EPS Leasing.
“EPS Corp’s introduction into Northern California with a structured finance division marks an important phase in our company’s development,” said Jay Zoellner, EPS Corp’s CEO. “The close proximity to Silicon Valley is crucial as we develop channel partner relationships to help further implement EPS’ energy and carbon management system, xChange Point. Meanwhile, our structured finance division is equipped to provide customers with a mature financial toolkit of project financing, assistance with government rebates, and equipment leasing.”.
With the opening of the San Francisco office, the company welcomes two new EPS Corp executives; Iyad Darcazallie and Ryan Bennett have joined EPS Corp to provide a strong backbone for the company’s expanded finance offerings. Mr. Darcazallie, the company’s Executive Vice President of Corporate Development, most recently served as a Senior Director of Strategy and Corporate Development at Hewlett Packard, and brings a wealth of international experience in corporate management and strategy to the EPS team. Mr. Bennett, who previously was a partner at Greenrock Capital, has joined EPS as the Director of Structured Finance, and will leverage his extensive work in renewable energy project finance to support a growing suite of financial products that back EPS Corp’s energy intelligence services.
EPS Corp is headquartered in Costa Mesa, CA, with offices in New Haven and San Francisco, and serves a broad list of industrial customers in the United States, Mexico, and Canada.
About EPS Corp:
EPS Corp is the leading energy intelligence company that develops and implements analytic, efficiency and clean solutions for Fortune 500 companies. The company’s integrated product and services suite is delivered using the EPS Way™, an innovative three-step process that maximizes energy and carbon reductions through financially compelling solutions. EPS delivers the right information – at the right time – to enable decisions that improve energy efficiency, reduce costs, and achieve sustainability goals. The company was founded in 2001 and is headquartered in Costa Mesa, California. More information may be found at www.epsway.com.
MEDIA CONTACT:
Blue Practice
Marc Tamo
marc@bluepractice.com
415-987-2583
EPS PowerSaver and EPS Corp are registered trademarks.
Company Grows Operational Capacity in New Home for Structured Finance Activities Adds Structured Finance and Corporate Development Executives