Power Assure Inks Strategic Partnership with IQT to Accelerate Data Center Power Management in the U.S. Intelligence Community

September 7, 2011

Power Assure, Inc., a data center infrastructure and energy management solutions provider, today announced a strategic investment and development agreement with In-Q-Tel (IQT), the strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.

Power Assure’s innovative EM/4 Data Center Energy Management platform provides actionable, real-time and historical insight into power utilization and other key performance indicators (KPIs) for the data center, along with the means to analyze, optimize and automate energy efficiency while maintaining service levels. Power Assure enables data center managers to quickly visualize and identify inefficiencies in a comprehensive way; maximize use of available space and power; extend the useful life of the data center; cut on-going power consumption by an average of 50 percent; and shift load within and across sites.

“We are very pleased to be working with IQT,” said Brad Wurtz, president and CEO, Power Assure. “Our success in the federal market to date with our advanced power management software will be accelerated by our relationship with IQT. This partnership speaks to the value our software delivers as federal agencies and commercial data centers alike focus on cost-effective ways to reduce power consumption and enhance data center efficiency.”

“Power Assure is an important addition to our strategic investment portfolio,” said William Strecker, Executive Vice President of Architecture & Engineering and CTO of IQT. “Power Assure’s software will offer our customers in the U.S. Intelligence Community capabilities to drive additional efficiencies into their data centers by managing power consumption, optimizing asset utilization, and aligning power management with business processes.”

With Power Assure EM/4, data center managers can collect, synthesize and analyze the overwhelming amount of raw data available from facilities and IT equipment and turn it into useful business information for making decisions in real time. This insight allows data center managers to improve the efficiency, capacity and utilization of their data centers. EM/4 solutions take analytics to the next level by linking real-time information with automated processes.

About Power Assure

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, Draper Fisher Jurvetson, Good Energies, Point Judith Capital, and a grant from the Department of Energy. Power Assure partners include ABB, Cisco, Dell, IBM, Intel, Raritan, UL and VMware.