$OCTI Could See News on the Horizon
March 22nd, 2010 at 11:28 am Posted by
Octus, Inc. (OTC: OCTI.OB), otherwise known as Octus Energy, develops and delivers smart, energy-efficient technologies.
$OCTI‘s in the business of helping commercial and municipal building owners cut their energy costs by 30% to 50% by using smart-energy systems, including lighting, cooling, energy management technologies and project financing.
$OCTI‘s Smart Energy Platform (OctusSEP) is a comprehensive energy management system targeting a $50 billion market—and that figure only accounts for the U.S.
$OCTI‘s smart energy solutions are broken down into 3 profitable product categories:
- SmartCenter – an IP-based energy services appliance that connects and optimizes the energy efficiency of commercial lighting and HVAC systems through a wireless connection. This solution is made possible with the company’s SmartPortal, a web-based energy management software.
- Wickool is a passive evaporative cooling solution that generates efficiencies through the reuse of condensate (e.g. liquid from steam) created by commercial rooftop HVAC units, exclusively licensed through the University of California.
- Smart Energy Services – $OCTI has the ability to overhaul any business’ lighting, HVAC and energy management solutions.
Late last year, $OCTI announced a collaboration with Quantum Energy Solutions, a company which has executed more than $100 million in energy projects for brand name clients such as Bank of America (NYSE: BAC), Blockbuster (NYSE: BBI), Chevron (NYSE: CVX), Delta Airlines (NYSE: DAL), Hewlett-Packard (NYSE: HPQ), Pepsi (NYSE: PEP) and many more.
More recently, $OCTI announced plans to acquire Quantum Energy and, based on this press release, The Dean sees news on the horizon.
