Mikros Systems and Energy Professionals Announce Pilot Project to Take Defense-Grade Solutions to Commercial Markets
Princeton, NJ – Mikros Systems Corporation (OTCQB: MKRS), an advanced technology company specializing in advanced maintenance in military, industrial and commercial applications, and Energy Professionals, LLC, a national leader in helping organizations to significantly reduce energy costs and reach energy sustainability objectives, announced today that they have commenced a pilot program to offer data collection for energy consumption and condition-based maintenance solutions for commercial and industrial applications.
Mikros will provide hardware and software development, installations, system integration and test services based on its defense-grade proprietary Prognostics Framework® solution. Energy Professionals will provide subject matter expertise, energy planning and budgeting and consulting services. This pilot system will provide key maintenance data on a daily basis to technicians and facility managers in commercial and industrial markets.
According to a July 2016 report, the market for HVAC services is expected to reach over $90 billion by 2022 and these systems consume large amounts of energy. The pilot system will allow Energy Professionals to develop a more sophisticated energy profile for its customers that will save money and work with-in their long-term budget plans. The Mikros/Energy Professionals solution aims to help property owners and managers increase the reliability and security of their systems and develop a plan for energy solutions. By integrating real-time and historical performance and reliability data from multiple sources, the solution will reduce power consumption, decrease system downtime, and recommend proactive maintenance all within a realistic budget.
“Extending our proven military maintenance systems, which uses remote monitoring, defense-grade cybersecurity and predictive analytics, to the building maintenance market is the logical next step for Mikros,” said Mark Malone, President of Mikros Systems. “Together, with Energy Professionals, an industry-leading energy consultancy, we will provide a more cost-efficient, reliable and secure building monitoring system and an excellent energy program that provides savings to commercial property owners.”
Jim Mathers, President and CEO of Energy Professionals added “Mikros Systems’ monitoring technology brings a new level of rigor and security to the commercial and industrial energy market that has never been seen before. Their background in developing Energy Intelligence solutions for the U.S. Navy will bring about significant cost savings and operational efficiencies for our current and future clients.”
About Mikros Systems
Mikros Systems Corporation is an advanced technology company specializing in the development and production of electronic systems technology for advanced maintenance in military, industrial and commercial applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. Please visit mikrossystems.com for more information.
About Energy Professionals
Energy Professionals, LLC, founded in 1999, has provided utility relief, energy intelligence, and renewable solutions to over five million consumers of Natural Gas and Electricity. For more information, visit: www.EnergyProfessionals.com