TANGIBLE ENERGY RELEASES TANGIBLE ENERGY SUITE™ V2.1

New release provides Invoice Management solution via Software as a Service (SaaS) deployment



McLean, VA – December 7, 2009 – Tangible Energy (www.tangibleenergy.com), a leader in Enterprise Energy Management Software, today announces the general availability of Tangible Energy Suite version 2.1. This release strengthens Tangible Energy’s existing Invoice Management capability by introducing a robust SaaS offering that allows government agencies and commercial clients to capture utility consumption information across the enterprise at a flexible level of detail based on the individual user’s needs. “The need to manage energy as a line of business continues to grow dramatically” said Lan Tran, CEO. “With this release our customers can quickly establish a baseline around their energy consumption and greatly reduce the effort to audit, process, and pay thousands of utility invoices each month.”

Most organizations today have a desire to better manage their energy costs and consumption but find it very complicated and data intensive. Energy cost data is typically locked away in the financial accounting system and consumption data bound to proprietary vendor systems, thus making it very difficult for management and facilities personnel to access needed information in a timely manner. The Tangible Energy Suite™ provides the ability for government agencies and large commercial organizations to accurately monitor and measure utility purchases and consumption in a fully compliant manner.

The Tangible Energy Suite™ Invoice Management module facilitates the secure integration of a wide range of energy data sources, regardless of originating system, and presents it as a unified, organization-wide energy view. Customer benefits include:

· Easily track utility consumption and spend at the head quarter, region, and site level;

· Significant increase in ease of reporting and analysis;

· Reduction of energy spend due to reduction in billing errors; and,

· Free up administrative staff to focus on other projects.

When used in conjunction with other Tangible Energy Suite™ modules, like Meter Data Management or Building Control System, Tangible Energy delivers targeted critical decision making information and reporting capabilities for a fraction of the traditional operations cost.

About Tangible
Tangible is a solutions company focused on two global issues and national priorities – Energy and Security. For more than a decade, Tangible has been developing innovative methodologies, processes, products, and technologies to simplify these complex issues. In support of these two focus areas, Tangible also has a Consulting business that provides traditional information technology solutions. Tangible is headquartered in Bethesda, Maryland, and has locations throughout the United States.