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EGAIN AND ENERLIS JOIN TO REDUCE ENERGY CONSUMPTION AND ENVIRONMENTAL IMPACT

October 23, 2019

KUNGSBACKA and PARIS – October 23, 2019 — Egain and Enerlis are pleased to announce the conclusion of a strategic distribution partnership, which combines Egain's AI and IoT-based cloud services with energy efficiency solutions from 'Enerlis aims to help the residential sector, the tertiary sector and communities in France to reduce their energy bill and their environmental footprint.

Large energy consumers (land owners, state organizations, local authorities, social landlords, industrialists) are constantly looking for new solutions to improve the efficiency, durability, safety and comfort of their buildings. The partnership between Egain and Enerlis aims to help their clients seize new opportunities in the era of digitalization of buildings.

The two companies will work together to equip residential and tertiary buildings with AI-driven solutions, and thus strengthen knowledge and control of the systems. The energy efficiency of buildings and the comfort of users will thus be optimized. The first joint project in the social housing sector is already underway and energy savings of over 20% are already being seen, which ultimately increases the value of these buildings.

“The reality of climate change and the path forward have never been clearer. Buildings represent 40% of Europe's energy consumption and 36% of greenhouse gases. Egain’s goal is to put an end to energy waste and poor energy efficiency in buildings,” explains Sven-Olof Husmark, CEO of Egain. “By combining Egain's technological solutions for the digitalization of buildings with Enerlis' energy efficiency solutions, we will together shape the future of intelligent energy optimization of buildings in France, for a better planet today and for the future generations. »

“Faced with growing global energy needs and the urgent need to preserve our planet's resources, we are convinced that energy issues must be addressed in their entirety. This is why we created Enerlis,” confides Thierry Martin, CEO of Enerlis. “Present across the entire value chain, from upstream to downstream, up to the implementation of financing solutions, we want to be the architect of our customers' energy efficiency. Egain's smart solutions fit naturally into this supply chain, and we see excellent opportunities to further improve the energy efficiency of the French building stock. »

ABOUT EGAIN

Egain is a market-leading technology company specializing in optimizing the energy and comfort of residential buildings. It develops IoT solutions and AI-based software that visualize building opportunities and automatically optimize the energy consumption of residential buildings, resulting in reduced energy consumption and of the environmental footprint, and an improvement in indoor comfort. Egain was founded in 2003 and is based in Kungsbacka, Sweden. It is now owned by Summa Equity. Present in five European countries, Egain currently looks after more than 6,000 buildings and 300,000 apartments in 11 countries. www.egain.io

ABOUT ENERLIS

Enerlis integrates and coordinates all specific energy and environmental expertise to help large energy consumers reduce their energy bill and their environmental footprint. Present across the entire value chain, Enerlis manages a wide range of energy projects and solutions, in particular with social housing organizations. Based in Paris, the company was founded in 2013 by Aurélie Gaudillère and Thierry Martin. With offices throughout France, the company is experiencing strong annual growth and today has a turnover of 34 million euros. www.enerlis.fr
For more information, please contact:

Sven-Olof Husmark, CEO of Egain Group

+46 79 335 3320

Thierry Martin, CEO of Enerlis

+33 (0)1 70 95 00 80

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