Noveda Technologies to Offer Interactive Education and Training Platform for Energy Conservation and Water Management

By Noveda Technologies Inc., PRNE
Tuesday, April 19, 2011

Platform Will Be Developed Using PrazAs Live Real-Time Collaboration Software

BRANCHBURG, New Jersey, April 20, 2011 - Noveda Technologies, the leader in web-based real-time energy and water
monitoring, announced today that it will be offering an interactive
education, training and collaboration platform for driving energy and water
conservation. The platform will be developed using software from PrazAs, a
leader in real-time learning collaboration software for tablet PCs, and will
encourage and enable multiple stakeholders ranging from educators to
engineers, to drive energy and water conservation efforts worldwide.

"Our studies of real-time energy and water use indicate the importance of
education and communication in achieving sustained behavioral change which
drives resource conservation," said Govi Rao, president and CEO of Noveda
Technologies. He added, "While Noveda's expertise lies in real-time
monitoring and advanced context development through visualization, PrazAs has
developed proprietary technologies in real-time learning and collaboration
software that are world-class."

Commenting on the alliance, Joe Jacob, CTO of Noveda said, "By leveraging
the capabilities of PrazAs, we plan to bring innovation to education and
training world-wide, specifically geared to drive energy conservation and
water management in real-time, 24/7."

"PrazAs and Noveda share a vision of providing tablet-based education and
real-time collaboration platform as a key to accelerating the journey to
energy and water conservation," said Raj Valli, CEO of PrazAs. "Noveda's
global presence and customer focus will help us broaden the services we offer
through our real-time collaboration software technology."

About Noveda Technologies:

Noveda Technologies is an innovative leader in real-time, web-based
energy and water monitoring. The company's hardware, software and consulting
services optimize energy and water usage, lower costs and increase green
footprint for customers across commercial/retail, industrial, government,
education, renewable and utility sectors. Noveda has a global presence, with
offices in US, UK, India and Israel. For more information, visit
www.noveda.com or call +1-908-534-8855.

About PrazAs:

PrazAs is a leading developer of software solutions that enable real-time
work-flow collaboration to meet a variety of needs in the education,
training, publishing, and legal markets. The company was recently selected as
a finalist for the TiE 50 awards
(www.tie50.net/CompanyProfile/TiE50CompanyProfile.asp?VwID=JOHOHSC0),
Silicon Valley's premier annual awards program that recognizes the most
enterprising technology startups worldwide. PrazAs software can be used from
just about any personal computer, but it is optimized for both current and
future tablet-style computers, with deep support for pen-based and
handwriting input. For more information, visit prazas.com/ or call
+1-732-419-0142.

Kelly Vanasse, +1-732-469-4518

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