PDI Named a Finalist for the 2011 Red Herring Top 100 North America Award
Company’s Power Distribution Innovations Take Spotlight for Reducing Data Center, Commercial and Industrial Energy Consumption
Richmond, Virginia, – June 2, 2011 – Power Distribution, Inc. (PDI), providers of mission-critical power distribution equipment for data centers, alternative energy, industrial, and commercial power markets, today announced that it has been selected as a Finalist for Red Herring’s Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region. PDI was selected from among notable competition for its unique ability to provide facility and data center managers with intelligent, energy-efficient power solutions.
The cost of energy inefficiency in the data center is staggering. A recent Environmental Protection Agency (EPA) report indicated energy used to power data centers is as high as 60 billion kilowatt hours (KWh). This is equal to 1.5 percent of all power used in the United States. In terms of costs, total data center power and electricity consumption for the world was estimated to cost $7.2 billion annually.
Alan Katz, Vice President of Product and Business Development at PDI, explains how his company is helping reduce data center power usage, “PDI’s combination of Static Switches, Power Distribution Units, Remote Power Panels, Redundant Power Systems, Harmonic Cancellation technology, and Branch Circuit Monitoring Systems (BCMS) improve power reliability and enhance system monitoring at any facility. Simply put, we offer the right mix of power distribution technology and monitoring solutions to cost-effectively reduce energy usage—dramatically impacting electricity consumption.???
The Red Herring editorial team selected the most innovative companies from a pool of hundreds across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz??? and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
“This year was very rewarding,??? said Alex Vieux, publisher and CEO of Red Herring. “The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. PDI’s ability to help companies reduce facility and data center energy consumption shows great promise, therefore, deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact.???
The Top 100 winners will be announced at a special awards ceremony the evening of June 15 at the event.
Visit PDI at the following events to learn more about their award-winning solutions:
• June 12-15, 2011 – 7x24 Exchange, Orlando, FL. This conference is designed for anyone involved with 7x24 infrastructures. PDI visionaries share their thoughts about trends in the mission-critical facilities marketplace. To attend the conference, click here.
• June 21, 2011 – DatacenterDynamics, Madrid, Spain. With 40 established annual conferences in key business cities across the world, DatacenterDynamics (DCD) is acknowledged as the definitive event where the leading experts in the field share their insights with the top level data center operators in each market. Click here for more information.
• June 30, 2011 – DatacenterDynamics, San Francisco, CA. Now in its 8th successful year, DCD San Francisco will focus on the world of data center outsourcing.
For additional information, please visit www.pdicorp.com or contact PDI’s corporate office at (804) 737-9880.
About Power Distribution, Inc.
Founded in 1978, PDI (pdicorp.com) is a leading provider of power distribution equipment and services. Principle products include Static Switches, Power Distribution Units, Remote Power Panels, Redundant Power Systems, Harmonic Cancellation technology, and Branch Circuit Monitoring Systems. The BCMS product is an option available with the other distribution products, or it can be provided for retrofit in equipment already owned by the customer. PDI, a Bertram Capital company, is headquartered out of Virginia. The PDI, Marelco, and Onyx Power branded products are customized power solutions for data centers, wind, solar and other alternative energy, commercial, and industrial applications.