SALT LAKE CITY, June 16, 2020 /PRNewswire/ -- CleanSpark,
Inc. (NASDAQ: CLSK), a diversified software and services company
today announced the release of improved features and an
optimized user interface to its proprietary energy analytics
software. The update provides a new look and feel as well as many
improved sales-related features to its Microgrid Value Stream
Optimizer (mVSO) Software as a Service (SaaS) energy modeling
platform. mVSO is used by microgrid developers to efficiently
create money saving energy proposals for their client projects.
mVSO's user interface has been refreshed and reorganized to
reflect updated branding and its forward-looking approach to
improve the user's flow through the application. The process of
creating a new project for analysis has been streamlined with
a step-by-step wizard, as well as the ability to set your project's
location either by physical address or by geographic
coordinates.
An example screen shot of mVSO's New Project Wizard:
The ability for energy professionals to use the Software to
share the modeled results with their end-customers and track sale's
engagement has been greatly expanded. Users can share detailed
reports and analysis with multiple parties directly through the
mVSO platform. Subsequently, all customer activity and interaction
with these reports are tracked and users are notified when an
interested party has interacted with the proposal. mVSO now enables
the generation of a sharp, effective project proposal with a single
click. The proposal is designed to provide all of the salient
information an end-customer needs to make an informed buying
decision.
Amanda Kabak, CleanSpark's CTO
and Principal Software Architect stated, "Our mission for mVSO is
to provide distributed energy and microgrid developers an easy and
effective way to educate their end customer on the full benefit of
a proposed project. The recent upgrades and improvements we've made
to the software are specifically geared to that end. The ability to
share reports with any number of parties, the capability to
download an effective proposal, and the increased visibility into
customer interaction with these artifacts will undoubtedly help
drive sales for our users."
An example of mVSO's Redesigned Project View:
Ms. Kabak continued, "mVSO's unique optimization approach is
both powerful and, now, even easier to use. The new project wizard
guides users through the creation of a project and the analysis of
various scenarios to derive the optimal combination of equipment
based on a project's location, utility interconnection, and energy
use profile to achieve the highest ROI. Kabak added, "The ability
for our users to advance a project from proposal to contract by
leveraging detailed results provided by our software in just a few
clicks and with minimal friction has always been the driving force
behind mVSO's design."
mVSO's proposal template highlights project financials and
detailed operations:
Zach Bradford, CleanSpark's CEO
added, "These improvements are meaningful to all CleanSpark
stakeholders, not only due to the added functionality and ease of
use, but also because we expect these features to lead directly to
additional mVSO subscriptions. As mVSO expands its market share, we
expect the resulting 'pull-through' sales of our mPulse software
and controls platform to increase. In conjunction with this new
update, the company has launched a new marketing campaign focused
on energy developers and we are optimistic about the expected
results.
Parties interested in CleanSpark's mVSO Software platform are
encouraged to visit the company's website at
https://www.cleanspark.com/mvso-info or contact the company
directly at info@cleanspark.com.
About CleanSpark:
CleanSpark a software and services company which offers software
and intelligent controls for microgrid and distributed energy
resource management systems and innovative strategy and design
services. The company provides advanced energy software and
control technology that allows energy users to obtain resiliency
and economic optimization. Our software is uniquely capable of
enabling a microgrid to be scaled to the user's specific needs and
can be widely implemented across commercial, industrial, military,
agricultural and municipal deployment. Our product and services
consist of intelligent energy controls, microgrid modeling
software, and innovation consulting services in design, technology,
and business process methodologies to help transform and grow
businesses.
Forward-Looking Statements:
CleanSpark cautions you that statements in this press release
that are not a description of historical facts are forward-looking
statements. These statements are based on CleanSpark's current
beliefs and expectations. The inclusion of forward-looking
statements should not be regarded as a representation by CleanSpark
that any of our plans will be achieved. Actual results may differ
from those set forth in this press release due to the risk and
uncertainties inherent in our business, including, without
limitation: the fitness of the product for a particular application
or market, the ability of our software to produce the expected
energy benefits, expectations of future growth of CleanSpark
may not be realized, timing of deliveries, ongoing demand for our
software products, the impact of global pandemics (including
COVID-19) on the demand for our products and services; and other
risks described in our prior press releases and in our filings with
the Securities and Exchange Commission (SEC), including under the
heading "Risk Factors" in our Annual Report on Form 10-K and any
subsequent filings with the SEC. You are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date hereof, and we undertake no obligation to
revise or update this press release to reflect events or
circumstances after the date hereof. All forward-looking statements
are qualified in their entirety by this cautionary statement, which
is made under the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995.
Contact - Investor Relations:
CleanSpark Inc.
Investor Relations
(801)-244-4405
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SOURCE CleanSpark, Inc.