FARMINGTON HILLS, Mich. and SAUSALITO, Calif., Aug. 1, 2001 DTE Energy Technologies, a subsidiary of DTE Energy, and Coactive Networks, the provider of gateways for connecting the Internet to all devices in homes and businesses, today announced an agreement that will bring energy|now™ distributed generation solutions to consumers and businesses worldwide.
Coactive's technology, including gateways and software, will provide the means for central monitoring and communications for networks of distributed generation equipment. This communications capability will allow for around- the-clock monitoring and management, from activation, scheduling, and load response to equipment monitoring and maintenance, all via the Internet. This solution, which includes universal technology to make it highly adaptable, will facilitate health monitoring and help to increase reliability and conservation while reducing costs.
"As a leader in distributed generation, DTE Energy Technologies will use Coactive's technology to provide customers with control over costs and the knowledge that their energy needs will be met," said G. Paul Horst, president of DTE Energy Technologies. "Distributed generation is a technology that we feel will revolutionize the way energy services are viewed by everyone from utilities to developers to businesses to consumers."
"As a vital communication element of energy solutions, Coactive's technology provides the critical networking functionality that will help ensure a cost-effective, reliable system a great assurance for residential and business customers alike in today's volatile energy market," said David Gaw, president and CEO of Coactive Networks. "This innovative energy application is yet another example of how Internet connectivity to devices and control systems can bring a new level of control, savings, and peace of mind to residential, commercial and industrial users."
About DTE Energy Technologies
DTE Energy Technologies is a diversified high-technology company offering a broad range of distributed generation products and services to solve the energy-related challenges of commercial, residential and industrial customers. Among these are energy|now™ power systems that provide both continuous and standby power. For more information on DTE Energy Technologies, visit the website http://www.dtetech.com. DTE Energy Technologies' parent company, DTE Energy, is a $19 billion (assets) diversified energy company involved in the development and management of energy-related businesses and services nationwide. More information can be obtained at DTE Energy's Website, http://www.dteenergy.com.
About Coactive Networks
Coactive Networks extends Internet access to every device, appliance, control system and computer Connecting Networks to the Real World™. By providing a central link from these devices to the Internet, the Coactive Connector® and Coactive Router product families deliver a new class of telemetry e-services to homes and businesses worldwide. The leader in Internet telemetry, Coactive Networks delivers affordable, scalable connectivity with a highly integrated third-generation residential gateway platform and the patent-pending distributed object technology of the IOConnect Architecture™. Coactive Networks is a privately held corporation based in Sausalito, California. More information on Coactive Networks can be found at http://www.coactive.com.
Coactive, the Coactive Logo, Connecting Networks to the Real World, Coactive Connector, and IOConnect Architecture are trademarks or registered trademarks of Coactive Networks, Inc. in the US and other countries. All other brands and names are the property of their respective owners.