PRESS RELEASE
This Week’s Colorado Company to Watch:
Green Energy Corporation
Colorado Companies to Watch is pleased to announce Green Energy Corporation, as This Week’s Colorado Company to Watch. M3 Insurance, and the Colorado Office of Economic Development and International Trade, in partnership with Colorado Companies to Watch congratulate Margaret Burd, President and CEO, and all of Green Energy’s employees on this accomplishment.
Green Energy Corp is a Colorado based technology company who provides an open source software solution, the GreenBus, and software engineering services to the utility, energy and communications industries.
Headquartered in Denver with offices in Durango and Raleigh, N.C., Green Energy has experienced 13% revenue growth in 2011 and is currently on track to surpass that value in 2012.
The GreenBus is a platform specifically designed for the utility and microgrid markets that integrates legacy software and devices with smart grid technology. It is also designed to handle the massive amounts of data that correspond with the advancements of the power industry’s Smart Grid evolution. The advancements of the Smart Grid are founded in information.
These advancements are changing the grid from a power economy to a data and power economy where the data is used to enable the next-generation power consumer. The types and volume of data associated with Smart Grid requires a need to create the software infrastructure necessary to acquire data and render useful information.
The GreenBus is unrivaled to cost effectively address both of these challenges due to its unique open source strategy which is designed to promote innovation within legacy and emerging power system markets. Offering the only open source solution specifically designed for the energy production and distribution market differentiates the GreenBus from competitors.
Green Energy’s objective according to Founder and CTO Peter Gregory “is to inspire and create innovation in the energy market comparable to the mobile communications market by engendering creativity from the edge in.” Beyond the business, Colorado Companies to Watch congratulates Green Energy Corporation on being This Week’s Colorado Company to Watch.
Colorado Companies to Watch is a dynamic program honoring growing companies that are developing valuable products and services, creating quality jobs, enriching communities, and building new industries throughout Colorado. High performance, second-stage companies account for most of the economic growth, community development and economic independence in our state. The State of Colorado supports Colorado Companies to Watch through the Office of Economic Development and International Trade both in leadership and sponsorship. This statewide effort sought out nominations from all sectors and communities and is not industry specific. The winners represent a broad range of economic sectors and regions of our great state. Companies to Watch (CTW) is a national awards program developed by the Edward Lowe Foundation to honor second-stage companies. To learn more about Colorado Companies to Watch, sponsoring, partnering or to nominate a company for the 2012 awards please visit www.colorado.companiestowatch.org.
Colorado Companies to Watch is hosted by a collaboration lead by the Colorado Office of Economic Development and International Trade in association with the Edward Lowe Foundation and organizations throughout Colorado; the 2011 program is presented by M3 Insurance Solutions for Business. For a complete list of Organizations and Sponsors, visit www.colorado.companiestowatch.org.
The Colorado Office of Economic Development and International Trade (OEDIT) offers a host of programs and services tailored to support business development at every level. They include business retention and relocations service, a bioscience and emerging industries program, business finance programs like the Economic Development Commission and Business Loan Funds, the Colorado Tourism Office, the Colorado Creative Industries, which includes the Office of Firm, Television and Media and the state’s Art in Public Places program, the Colorado International Trade Office, the Colorado Small Business Development Centers, minority and women-owned business services and economic research. For more information, please visit www.AdvanceColorado.com.
Media Contacts:
Sam Bailey
Colorado Office of Economic Development
Program Manager
(303) 892-3840
sam.bailey@state.co.us
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