September 7, 2011 — Advantage IQ, Inc., a provider of energy management solutions for over 500 multi-site companies throughout North America and a subsidiary of Avista Corp. (NYSE: AVA), announced today that Cintas Corporation selected its Energy and Sustainability Management solutions to reduce its carbon footprint as part of a corporate-wide sustainability initiative.
“Advantage IQ’s software will enable us to accurately benchmark our carbon footprint in each of our facilities,” said Pawan Kumar, Director, Technology & Energy, Cintas. “The solution will provide us with real-time access to our energy consumption patterns and will enable us to make data-based decisions to reduce our environmental footprint and greenhouse gas emissions.”
Cintas implemented Advantage IQ’s integrated energy management solution with a focus on conservation, sustainability and expense management in its facilities. It also implemented Advantage IQ’s greenhouse gas reporting tool, which tracks and benchmarks all significant carbon emission sources from Cintas facilities and vehicles. This initiative will significantly support Cintas’ effort to reduce greenhouse gases.
Under the agreement, Cintas will also leverage Advantage IQ’s expertise to create an internal communications campaign to share best practices for sustainability initiatives across the organization. With the guidance of an Advantage IQ Energy Manager, Cintas will utilize the data to gauge how efficiently each site is consuming energy. Sites performing at the most optimal levels will be reviewed for best practices to help other Cintas locations follow suit.
“As the world’s largest and most prestigious companies continue their growth and focus on conservation, sustainability and expense management, Advantage IQ will continue to innovate to meet the needs of their growing demand,” said Jeff Heggedahl, President and Chief Executive Officer. “Our company’s main focus is to deliver a total energy and sustainability management solution for our customers and we are thrilled to add Cintas to the growing list of organizations we support.”
Finally, Advantage IQ will work with Cintas locations to ensure they are paying the lowest rates possible by procuring energy in deregulated markets and ensuring they are using the most cost effective tariffs offered by each utility.
About Advantage IQ
Advantage IQ partners with Fortune 1000 organizations to maximize business results by reducing energy and other facility expenses, managing risk and improving environmental performance. These outcomes are achieved through performance reporting, energy supply management, carbon tracking, and expense management. Advantage IQ's patented systems provide online access to critical cost and consumption data, enabling informed strategic management. Advantage IQ collaborates with clients to process, measure, analyze and improve resource administration in the key expense categories of energy, telecom, waste and leasing. Advantage IQ is the primary non-regulated subsidiary of Avista Corp, NYSE: AVA. For more information about Advantage IQ, visit www.advantageiq.com or call (800)791-7564.
Headquartered in Cincinnati, Ohio, Cintas Corporation provides highly specialized services to businesses of all types. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services to approximately 800,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a component of the Standard & Poor's 500 Index.
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