National Bank of Arizona Achieves Energy Efficiencies Thanks to Technologies from LG Electronics, Daintree Networks

LOS ALTOS, Calif., and ENGLEWOOD CLIFFS, N.J., May 29, 2014 /3BL Media/ – The new branch office for the National Bank of Arizona in Prescott is the first in the state to install new energy efficient LED lighting and HVAC technologies from LG Electronics and advanced control systems from Daintree Networks, Inc. Within the 3,000-square-foot facility, slated for completion in June, Daintree’s ControlScope™ solution will manage 13 lighting zones controlling LG’s industry-leading LED fixtures and nine thermostats controlling LG’s highly efficient variable refrigerant flow (VRF) air conditioning system.

“Customer satisfaction is our overall goal at National Bank of Arizona. To achieve this goal we have to operate as efficiently as possible. These efforts go hand-in-hand to establish National Bank of Arizona as a leader in both energy efficiency and renewable energy,” said Jason King, vice president of facilities and maintenance, with National Bank of Arizona. “Our customers know that reducing our energy usage and costs are our highest priorities. In looking at the options for building top-of-the-line energy management into our new site, the Daintree-LG solution offered the best combination of flexibility, ease-of-control, and both up-front and long-term cost savings.”

Dr. Steve Oh, senior vice president in charge of product development for LG’s North American LED Lighting Business, said,  “The National Bank of Arizona’s installation will demonstrate how significant energy savings can be realized from day one when installing proven LED and  commercial AC products from LG with smart control technology from Daintree in a greenfield building project.”

LG’s new 2’x4’ LED light fixtures have been recognized as the most energy efficient available* in the United States today, providing properties like the National Bank of Arizona  with the latest in lighting technology and significant energy savings, assuring a long-term return on investment.

The National Bank of Arizona selected LG’s latest VRF heating and cooling system that delivers unparalleled energy efficiency and flexibility.  The fourth generation in LG’s popular Multi V series uses industry-leading VRF technology that delivers significant benefits versus traditional HVAC systems, enabling improved energy efficiency by allowing occupants to choose whether to cool or heat only the zones in use.

Completing the National Bank of Arizona’s infrastructure package is Daintree’s industry-leading, networked wireless solution for smart building control and energy management.

According to McKinsey & Company, buildings alone account for nearly 25 percent of the investment required to achieve full global greenhouse gas (GHG) abatement potential by 2030, providing impetus for architects, building planners and facilities managers to make energy management a key component of new and retrofit installations. Furthermore, Arizona guidelines target reducing the state’s GHG emissions to 2000 levels by 2020 and to 50 percent below 2000 levels by 2040.

Daintree CEO Danny Yu said, “There’s no question that governments are serious about implementing plans to reduce energy consumption and greenhouse gas outputs, and enforcing them via increasingly stringent standards. Combining Daintree’s software and wireless control with LG’s energy-saving products goes a long way toward helping sustainability managers see the kinds of results they need in order to help achieve these goals, and offers significant cost savings, both immediate and long-term, compared with competitive offerings.”

The Arizona bank installation further extends Daintree’s relationship with LG Electronics, a member of Daintree’s ControlScope Connected program, which showcases a range of wireless lighting and building products tested to work together for control and energy management using open standards. The two companies also recently announced a collaboration embedding wireless communication capability directly into LED drivers used in LG LED lighting fixtures managed by ControlScope.

LG Electronics USA and Daintree Networks will both be exhibiting at the 2014 Lightfair International trade show and conference, June 3-5, at the Las Vegas Convention Center.  Readers interested in learning more about their individual and joint solutions are invited to visit Daintree’s Booth 7614 and LG’s Booth 7202. LG and other ControlScope Connected partners will also feature Daintree demos in their booths.

About Daintree

Daintree Networks is a trusted provider of the industry’s smartest building energy management solution, and sponsor of the first annual Energy Champion Awards. Daintree ControlScope™ is an open standards-driven energy management and monitoring solution for lighting, temperature and other energy control. The solution delivers up to 70 percent energy savings, operational efficiencies and occupant-friendly work environments while providing actionable decision-support information through Big Data analytics. Using the Daintree Enterprise Internet of Things™, or E-IoT™, approach, the solution can also support monitoring of other environmental conditions such as air quality, humidity, food safety and more that comprise the networked ecosystem of an organization. Daintree Networks is a channel-friendly company with leading strategic and technology partners helping serve its customers globally, with major locations in Silicon Valley, Calif., and Melbourne, Australia. Further information is available at www.daintree.net.

About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $52 billion global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems, solar energy solutions and LED lighting systems, all under LG’s “Life’s Good” marketing theme. LG Electronics is a 2013 ENERGY STAR Partner of the Year. For more information, please visit www.LG.com.

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For additional information, contact:

Daintree Networks:

Angie Kellen

MCA Public Relations

+1.650.968.8900 x120

akellen@mcapr.com                                

LG Electronics USA:

John I. Taylor

Public Affairs & Communications

+1.847.941.8181

john.taylor@lge.com

ControlScope, Enterprise Internet of Things, and E-IoT are trademarks of Daintree Networks.

*According the Design Lights Consortium, the official certifying body for energy efficient fixtures, LG has the only 2’x4’ fixtures with efficacies greater than 131 lumens per watt that are listed on the Qualified Products List