Octus, Inc. (OTCBB: OCTI), a leading smart energy efficiency company, recently provided guidance for its 2010 business strategy and market forecast. A presentation concerning the company's expected business and strategy for 2010 is posted at Octus's web site.
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"Going into 2010, we believe that Octus has strong momentum with the ever-expanding market opportunity for smart energy solutions, in concert with our recently-announced reserve equity financing facility with AGS Capital," said Octus CEO Chris Soderquist. On December 16, 2009, Octus announced it secured four smart energy projects in collaboration with Quantum Energy Solutions, Inc. Octus and Quantum have developed a pipeline of more than $20 million in potential projects. In addition Octus anticipates its Smart Energy Products business will initiate sales in the first quarter of 2010 with the Smart Energy Platform ("Octus SEP"), a proprietary smart energy efficiency networking platform providing commercial building managers with critical information needed to significantly reduce overall energy use and costs, and Wickool, a proprietary Octus product that has successfully completed product design testing with two of the largest retailers and currently is in manufacturing.
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