REGEN Energy Appoints Pete Malcolm as President and CEO

SAN MARCOS, Calif. and TORONTO, Sept. 15, 2014 /PRNewswire/ -- REGEN Energy is pleased to announce the appointment of Pete Malcolm as President and Chief Executive Officer. Mr. Malcolm brings with him over 30 years of experience in the software industry, during which time he was named as inventor on over 150 patent applications in over 20 countries worldwide. He joins REGEN from Power Assure, a pioneer in energy efficiency for data centers, where he was President and CEO.

"This is a time of innovation and exponential growth for REGEN and I am pleased to be part of such an exciting phase in the company's life cycle," said Mr. Malcolm. "Deployments of our Swarm Energy Management™ solution continue to experience year on year growth exceeding 200% and I look forward to using my experience to help the company continue their expansion in the market."

Prior to his role at Power Assure, Mr. Malcolm founded and served on the executive team of various other businesses including Orchestria, a leading data loss prevention company providing e-mail and web monitoring solutions to Wall Street banks and other financial institutions, which was later acquired by CA Technologies.

"Pete is an outstanding business leader and a serial entrepreneur who has a proven track record of building several highly successful technology companies over the past two decades. With a wealth of experience in applying state of the art software and cloud computing to scale the rapid adoption of REGEN's Swarm Energy Management platform, Pete brings the skills needed to grow our business exponentially," said Mr. Robert Chiste, REGEN's Executive Chairman. "Our board performed an extensive search and feels fortunate to have attracted a CEO of Pete's caliber. With the recent completion of our Series B financing totaling in excess of $12 million, we are looking forward to supporting Pete and his leadership team to grow REGEN into a major force in the Demand Management industry."

About REGEN Energy
REGEN is revolutionizing the way building owners manage their electrical demand through its patented wireless smart grid technology platform, Swarm Energy Management™. Swarm generates dramatic demand management and automated demand response electrical savings opportunities. It allows small to mid-sized commercial, industrial and institutional buildings with little-to-no building automation to finally participate in the rapidly growing automated demand response and dynamic load management markets. REGEN's major offices in North America are located in Toronto, Canada and San Marcos, California.

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SOURCE REGEN Energy