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OCTI (OCTUS ENERGY).014


OCTI ****DD**** links 13M float/47% insider ownership

OCTI & YGRENE ENERGY CONNECTION (Richard Branson - big backer)

http://finance.yahoo.com/news/Octus-Joins-Ygrene-Energy-iw-326278887.html

The Company is engaged in developing, marketing and selling lighting, cooling and energy management solutions. The Company has developed OctusSEP (smart energy platform), an energy savings and demand response management program for the energy management market in the United States. The Company focuses on becoming a renewable energy efficiency company that brings renewable energy solutions to the commercial and public sector markets

" The Octus Smart Energy Platform (OctusSEP) integrates, automates and optimizes the energy-efficiency of lighting and cooling equipment, controls, sensors and systems such as Wickool. In the United States there are approximately 4 million 7.5-ton or larger unitary rooftop air conditioning units, with $40 billion spent annually to cool commercial buildings, representing one-sixth of all energy consumed nationally. "Wickool exemplifies what Octus looks for in smart energy products: A differential solution germinating from a world-class research university that addresses an immense and growing market," said Octus CEO Chris Soderquist. "The WCEC drives innovation in the HVAC industry, and Octus looks forward to commercially harvesting Wickool." "Wickool addresses an important niche in cooling more efficiently," added Modera. "It makes use of the condensate water that is normally wasted from existing roof-top packaged air conditioners to improve their cooling efficiency, and can be applied as a retrofit accessory. Moreover, the cost of installing Wickool can be significantly offset by avoiding the need for condensate piping." Octus anticipates completing commercial testing of Wickool in the next 45 days, at which time it intends to commence sales, marketing and channel development of the product. Wickool's development is supported through funding from the Public Interest Energy Research program of the California Energy Commission. "This collaboration between WCEC and Octus Energy is evidentiary of how innovations can be brought to market," said Benjamin Finkelor, Executive Director, UC Davis Energy Efficiency Center. "There is tremendous potential to improve the efficiency -- and reduce the electricity consumption and peak demand -- of HVAC systems. Wickool is a simple, pragmatic, ready-to-market solution." Octus Energy is a smart energy management company headquartered in Davis, California. Octus develops markets and sells energy-efficient lighting and cooling solutions through OctusSEP (Smart Energy Platform), a turnkey, automated energy savings and demand response management program targeting a $40 billion annual market in the United States.

Revenue (ttm): 276.79K
Revenue Per Share (ttm): 0.01
Qtrly Revenue Growth (yoy): 1,347.90%
Gross Profit (ttm): 50.20K

http://finance.yahoo.com/q/ks?s=OCTI+Key+Statistics