The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Tendril and WaterFurnace International Partner to Integrate Home Energy Management and Geothermal HVAC Systems

<p class='bwalignc'> <i>Leader in Geothermal Heating and Cooling Equipment to License Tendril Connect Cloud Platform</i> </p>

Tuesday, October 11, 2011

Tendril and WaterFurnace International Partner to Integrate Home Energy Management and Geothermal HVAC Systems08:00 EDT Tuesday, October 11, 2011 BOULDER, Colo. & FORT WAYNE, Ind. (Business Wire) -- Tendril, the provider of the cloud platform for the Energy Internet and WaterFurnace International, Inc. (TSX:WFI), a leading manufacturer of residential, commercial, industrial and institutional geothermal and water source heat pumps, are partnering to deliver a powerful mass-market energy solution that combines renewable energy with home energy management. WaterFurnace is licensing the Tendril Connect™ cloud platform to deliver full home energy management functionality to its customers. The solution will be made available to consumers in 2012 through WaterFurnace's network of more than 2,000 dealers and distributors across the United States and Canada. “The power of the Tendril Connect platform is that it can connect a vast array of smart devices in the home to a single portal and deliver real-time information and control into the hands of the homeowner virtually anywhere,” said Tom Huntington, CEO and president of WaterFurnace International. “By leveraging its open architecture to integrate our WaterFurnace geothermal systems into the Tendril ecosystem, our already well-informed customers will gain additional insight into their energy use by connecting to additional smart devices through the Tendril platform and have the ability to manage and control energy consumption in their homes.” WaterFurnace geothermal systems are among the most efficient, energy-saving, environmentally conscious heat pumps on the market. They provide years of reliable and safe home comfort at a low operating cost. In addition, geothermal systems can be leveraged as a demand side resource to help energy providers better manage the load on the grid by delivering price and control signals allowing the geothermal system to respond automatically, adapting load in response to peak heating and cooling periods. According to the U.S. Department of Energy and the Environmental Protection Agency, geothermal systems are the most environmentally friendly way to heat and cool. The WaterFurnace systems emit no carbon dioxide, carbon monoxide or other greenhouse gases, which are considered major contributors to environmental air pollution. “We are excited to partner with a leader in geothermal systems and renewable energy,” said Adrian Tuck, CEO of Tendril. “This is a great example of why we architected our platform to be open and extensible—so that we can accommodate new and innovative technologies and renewable energy sources that companies like WaterFurnace are delivering, which are becoming increasingly important to consumers.” WaterFurnace joins the growing Tendril Connect Platform Partner program, which consists of more than 25 partners spanning the energy ecosystem, including large industry players like Siemens Energy, leading smart meter makers and top advanced metering infrastructure (AMI) vendors, and cutting-edge smart device and appliance producers like Whirlpool Corporation. Tendril's partners are utilizing the power of the Tendril Connect cloud platform to capitalize on new revenue and market opportunities, differentiate products and services, increase customer satisfaction, accelerate time to market and improve margins. About Tendril Tendril provides the cloud platform for the energy industry, delivering end-to-end consumer engagement products, applications and services powered by Tendril Connect™—an open, secure and scalable platform that takes the complexity out of the Energy Internet and creates a dialogue between energy service providers and their customers. Delivering consumer engagement software, in-home products and applications as well as easy to integrate utility solutions such as Demand Response and Energy Efficiency, Tendril offers unparalleled insight into energy decisions, making the Energy Marketplace a reality. The company is venture backed by VantagePoint Venture Partners, Siemens Venture Capital (SVC), Good Energies, RRE Ventures and GE. For more information, please visit About WaterFurnace International, Inc. WaterFurnace International, Inc. is a leading manufacturer of residential, commercial, industrial and institutional geothermal and water source heat pumps. Products from WaterFurnace include energy-efficient and environmentally friendly geothermal comfort systems, indoor air quality products and pool heaters. WaterFurnace (TSX:WFI) was founded in 1983, the company is headquartered in Fort Wayne, Ind. For additional information, please visit Photos/Multimedia Gallery Available: Schwartz MSLGina Manassero, 415-512-0770Mobile: 781-301-1010tendril@schwartzmsl.comorTendrilSheila O?Neill, 303-468-4449Mobile: 303-324-7310soneill@tendrilinc.comWaterFurnaceLaura Harris,