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Power Assure Named TiE50 Winner(May 15, 2012)
SANTA CLARA, CA -- (Marketwire) -- 05/15/12 -- Power Assure®, Inc., a data center infrastructure and energy management solutions provider, today announced it has been named a TiE50 Winner, as a leader in entrepreneurship, innovation, and management excellence in the Energy/Cleantech category. The TiE50 awards will be presented at TiEcon 2012, May 18 - 19th, at the Santa Clara Convention Center in Santa Clara, CA. The winners are chosen from over 2100 of the most promising startups of 2012 screened by a team of experts.
TiE is a global network dedicated to fostering entrepreneurs across its international network. Sponsored by top Venture Capital Firms and Fortune 500 corporations, TiE's network has grown across 56 chapters in 13 countries comprising of 1,800 experienced entrepreneurs and business executives as charter members, 12,000 aspiring entrepreneurs and professionals as members.
Large enterprises, government agencies and managed service providers are struggling to deal with silos of data, constrained capacity, inadequate power/cooling/space and the inefficient use of their servers. They lack the visibility and tools to identify, analyze, and, most importantly, resolve these problems and improve the overall efficiency of their data center energy inefficiencies. Power Assure's secure, cloud-based EM/4 solution provides actionable, real-time insight into power utilization and other key performance indicators (KPIs) within and across data centers, along with the means to analyze the root cause of these problems and automate various processes to increase efficiency while maintaining or even improving service levels.
"We are very proud to be recognized by TiE, a highly respected global network of leading entrepreneurs, as one of the most promising young companies of 2011," said Brad Wurtz, president and CEO, Power Assure. "Only Power Assure arms customers with the information and tools they need to radically improve the overall reliability and efficiency of their data centers -- whether focusing on a single data center or comparing performance of a network of data centers."
The TiEcon 2012 conference will have 6 Keynotes and over 100 Speakers to "Inspire the Entrepreneur in you to Innovate, Connect and Prosper." Each year, the conference brings together a diverse and dynamic group of leaders from business, technology, venture capital, and media for two days of education, inspiration, and networking.
TiEcon 2012 will take place at Santa Clara Convention Center, May 18-19. Join us for two full days of keynotes, 20 hot topic panel sessions with the industry leaders in Entrepreneurship, Social, Mobile, Cloud, Energy and Life Sciences, over 150 innovative company exhibits, and, of course, power networking with VCs, Executives, Founders, and Technology Professionals.
TiE Expo (http://www.tiecon.org/content/innovation-expo-overview): The TiEcon Innovation Expo focuses on fostering entrepreneurship and showcasing innovative companies. Attend to learn about leading edge products and services, or join as an exhibitor. The Innovation Expo features start-ups, research labs, universities, technology corporations and country pavilions that will expand your horizons with breakthrough products and services.
TiE 50 (http://www.tie50.net/TiE50Awards/): The 4th annual awards program to recognize the "Top 50 Emerging Companies," will be a prominent part of this year's TiEcon conference. Selected from thousands of nominations from all over the world, previous winners have gone on to achieve great success.
TiEcon 2012 Sponsors (http://www.tiecon.org/content/sponsor-benefits): TiEcon 2012 is a high impact, focused opportunity to highlight your company's products and services to the current and next generation of leaders and influencers. Current and past sponsors include corporate giants eBay, Emirates, Google, HP, IBM, Microsoft, SAP, Ericsson, XCommerce, Intuit, and VISA; VC firms such as Norwest Ventures, NEA, Draper Richards, Lightspeed, Clearstone, and Bessemer Ventures; and Law Firms, Banks, and Accounting Firms such as Morrison Foerster, Wilson Sonsini, Morgan Stanley Smith Barney, Silicon Valley Bank, Barclays, BNY Mellon, Comerica, KPMG, and Hood & Strong.
Register for TiEcon 2012 today by visiting www.tiecon.org.
About Power Assure (www.powerassure.com)
Power Assure is a leading developer of Data Center Infrastructure and Energy Management software for large enterprises, government agencies, and managed service providers. Power Assure's solutions provide visibility, intelligence, analytics and automation to help CIOs, IT directors, and facilities managers optimize capacity, service levels, and power consumption within and across data centers. Headquartered in Santa Clara, CA, the company is privately held with funding from ABB Technology Ventures, Dominion Energy Technologies, Draper Fisher Jurvetson, Good Energies, Point Judith Capital, as well as a grant from the Department of Energy. Power Assure partners include ABB, Cisco, Dell, IBM, In-Q-Tel, Raritan, UL and VMware.
Power Assure is a registered trademark of Power Assure, Inc. Decathlon is a trademark of ABB Inc. All product names and references remain the trademarks or registered trademarks of their respective owners.
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