9 October 2017 Day Trading Pre Market, page-19

BUD

Buddy Platform and Edge Electrons Partner to Drive
Down Energy Usage and Spending
SUMMARY
• Edge Electrons makes a device called “PowerSave” that substantially reduces peak
energy consumption of a facility as well as protecting against reduced lifespan of
equipment caused by “lower power factor” (dirty power)
• Buddy Platform and Edge Electrons have agreed to integrate PowerSave into the Buddy
Ohm product suite; delivering PowerSave customers a Buddy Ohm dashboard
experience and providing PowerSave as an additional add-on to Buddy Ohm customers
• The combined offering will allow customers to realise unprecedented cuts to energy
costs (up to 20%) while improving power quality
• The Buddy Ohm View dashboard and portal experience will now be available to Edge
Electrons’ new and existing business customers in Australia, and Buddy’s markets
elsewhere in the world.
9 October 2017 – Adelaide, South Australia
Buddy Platform Limited (ASX: BUD) (“Buddy” or the “Company”), the Internet of Things (“IoT”)
data management, processing and control platform, today announced an agreement with Edge
Electrons to integrate the Company’s facility resource monitoring product, Buddy Ohm, with
Edge Electrons’ power factor correction product, PowerSave.
Through this agreement, Buddy will offer PowerSave as an add-on feature to the Buddy Ohm
product suite (beginning in Australia then across Buddy’s international customer base), and
Edge Electrons will expose data generated by PowerSave through the Buddy Ohm dashboard
and portal experiences. PowerSave is a power factor correction product that helps to reduce the
maximum amount of energy required at any one point to run appliances and equipment. By
reducing the maximum energy required, the Network Demand Charge is reduced, helping
businesses save up to an additional 20% off their energy bills. The product also offers power
factor correction, which corrects “dirty power” that would otherwise significantly reduce the
lifespan of equipment on that power source.
Edge Electrons will now offer the Buddy Ohm View dashboard and portal to its existing
customer base in Australia. By visualising PowerSave data through Ohm View, building and
sustainability managers will gain much easier access to this data, as well as new insights and
learnings about their energy usage over time. This functionality will be offered as an additional
service to new and existing Edge Electrons and Buddy Platform customers and partners.
Figure 1. An example Buddy Ohm Dashboard with integrated power factor visibility from
Edge Electrons’ PowerSave product
Figure 2. The new Power Factor widget for Buddy Ohm Dashboards provides the easiest way to understand power
factor correction and performance from the PowerSave product.
Across Australia, Edge Electrons provides its PowerSave system to a wide range of customers,
such as schools, five star hotels, manufacturing plants, golf courses, clubs and service stations.
Edge Electrons has also deployed its technologies in New Zealand and South East Asia and is
preparing to expand into the North American and European markets.
“We are thrilled to partner with the team at Edge Electrons, some of the most experienced and
innovative people in the energy industry”, said Buddy Platform CEO, David McLauchlan. “With
our products being so complementary, we’re delighted to be able to help our customers realise
dramatic energy savings with vastly increased visibility into how those savings are being
realised. With the energy debate in Australia reaching a peak this year, there’s never been a
more important time to offer real solutions that customers significant cost.”
“Australians have some of the highest energy prices in the world. This collaboration will help
thousands of Australian businesses to lower their electricity bills and reduce carbon emissions”
said Richard McIndoe, Executive Chairman at Edge Electrons and former CEO of energy giant
Energy Australia. “This is a collaboration that is great for our two companies, but more
importantly, delivering real wins for our existing and future customers.”