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Cresatech FierceEnergy Award, Judges Panel Announced

Cresatech recognized for leadership innovation in Outage Management Services

Denver, CO – Cresatech announced today that it has been recognized by this year’s Fierce Innovation Awards: Energy Edition, a unique industry awards program powered by the publishers of FierceEnergy and FierceSmartGrid. Cresatech received top honors in the “Outage Management Services” category.

Cresatech recognized for leadership innovation in Outage Management Services
October 2, 2014

Judges evaluated submissions based on technology innovation, financial impact, market validation, ability to integrate into existing network environments, and end-user customer experience.

Cresatech is being recognized for its industry-leading and innovative product, CuTS®, which provides power network operators with realtime notification of the removal of substation grounding material.

“Cresatech’s suite of products and services greatly improve safety and efficiency in electrical distribution networks,” explained Paul Mumford, CEO of Cresatech. “We are working with power transmission and distribution companies in North America and Europe to address the safety and operational impacts of infrastructure theft and damage, both in substations and elsewhere within the delivery network. We have created solutions that are truly needed in distribution, are cost effective and provide valuable tools to allow energy companies, to deliver the most reliable and efficient energy available to their marketplace.”
Winners were selected by an exclusive panel of judges which included: Kevin Dasso, Director of Technology and Information Strategy, Pacific Gas and Electric Company; Lisa Davidson, Director of Customer Programs, San Diego Gas & Electric; Conrad Eustis, Director Retail Technology Strategy, Portland General Electric; Robert B. Frazier, Director of Electric Technology, CenterPoint Energy; Stuart Laval, Manager of Technology Development, Duke Energy; Bryan J. Olnick, Vice President of Distribution Operations in Power Delivery, Florida Power & Light; and Joseph E. Svachula, Vice President of Smart Grid and Technology, Commonwealth Edison.

Cresatech was thrilled with the award news. Paul continued, “This award is a testament to the innovation of our CuTS® technology. We are minimizing the vulnerabilities of energy distribution substations, and mitigating potentially disastrous risks for the operating company. It was an honor to receive the award amongst such a great group of peers. Energy technology is evolving and it’s exciting to be a part of this innovative industry.”

CRESATECH specializes in technology and service solutions that address high cost, high impact operational issues within power transmission & distribution, mobile telecoms, transport and other critical service markets. Our innovative products monitor exposed service sites and infrastructure in a variety of complex operational environments, providing real time monitoring for service interruption and disruption due to removal of copper grounding and other power delivery infrastructure. In combination with our Advantage services, our solutions provide meaningful network wide status and service delivery information, driving improved levels of customer service, reduced site safety risk and reduction of field engineering costs.

To learn more about Cresatech, visit www.cresatech.com
http://www.linkedin.com/company/cresatech-limited

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About Cresatech
Established in London in 2011, Cresatech develops monitoring technologies and services for use in challenging operational environments such as electricity distribution, mobile telecoms and transportation. Our innovative products and services provide real time monitoring of such operational sites exposed to infrastructure removal and damage, and can be extended to deliver service delivery status intelligence within electrical distribution networks.

Cresatech now has two group companies covering Europe and North America, based in the UK and in Colorado respectively.
The executive team have a wealth of experience in the electricity and technology sectors and the group is supported by a non-exec and advisory board that brings experience from across the energy sector, including government advisory and regulatory as well as previous board roles in public energy companies.