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SCHEDULE 14A INFORMATION
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Soliciting Material Pursuant to Section 240.14a-12 |
SERVIDYNE, INC.
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The following documents are attached:
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PowerPoint Presentation of Scientific Conservation, Inc. dated July 2011 |
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Brochure of Scientific Conservation, Inc. |
iRCx(tm)
powered by SCIwatch (tm)
Energy Efficiency through Advanced Diagnostics
July 2011
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About SCI
Founded 2007
HQ ~ San Francisco ^ Tech Center ~ Atlanta
SCIwatch(tm) a building diagnostics platform delivered as a service (SaaS)
Funded By DFJ Growth Fund (Barry Schuler), DFJ, the Westly Group, and
Triangle Peak Partners; Strategic investors include GE, Intel
6/27/11 Signed definitive agreement to acquire Servidyne (NASDAQ: SERV)
in an all-cash transaction-when completed, combined company will be
SCIenergy, Inc.
Sound investor support and credible executive
experience
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Building Performance Tracking
Handbook
From California Commissioning Collaborative*
"...a long term strategy for supporting the
continuous improvement of building
systems...a process that monitors how
efficiently a building meets its occupant
needs."
needs."
needs."
needs."
needs."
needs."
*Prepared by Portland Energy Conservation, Inc. (PECI); Funded by CEC's Public
Interest for Energy Research (PIER) Program, 2011
Building operators often
lack resources to
implement both energy &
system tracking tools
Basic Tools
"Beyond Basic"
Tools
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Adv. EIS/FDD
Customer Pain Points
Multiple challenges depending on your perspective
BAS
Meter Data
Tracking energy and/or
systems typically resides with
the building engineer, who is
already resource constrained
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SCI's Vision-The Energy Cloud
SCI's building & energy experts
support cloud-based software
applications to deliver sustainable
cost-savings to customers
SCIwatch-SCI's SaaS
platform-is designed to keep
buildings on a path to
operational excellence
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iRCx
SCI's Vision-Begins with iRCx
What is iRCx?
"Intelligent" Retro-commissioning (RCx)
powered by SCIwatch's automated fault
detection/diagnostics (FDD)
How is iRCx different?
SCIwatch enables commissioning agents to
quickly identify & complete low/no-cost
projects- accelerating cost savings
SCIwatch sustains energy cost savings by
detecting drift and quantifying the related
cost for better decision-making
Demand response assessment audit can be
conducted for future enrollment (if
applicable)
May qualify for RCx rebates, OR emerging
monitoring-based commissioning rebates,
or even rebates for identified projects
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iRCx Value
iRCx Process Description Customer Benefit
Planning Working with owners/ operators to prioritize actions across a portfolio Stakeholder buy-in
Investigation
Connecting to BAS to enable sensor tests, system diagnostics Accelerates RCx by 1-2 months
[optional] Advanced EIS to establish baseline & provide energy analytics 5-10% energy savings typical from visibility
Implementation
Building/energy experts on-site to assist/manage projects with < 1-year payback projects 6-15%* (Servidyne experience over 200 buildings)
Ongoing Commissioning-SCIwatch Neural net-software provides predictive maintenance on HVAC systems; Locks-in Savings above. Also...
Avoids energy cost caused by 'drift'
Improves productivity of building engineers; reduces emergency svc
Increases equipment life
Increases customer satisfaction!
SCIwatch
SCItrack
Low/No-Cost
Projects
*12-20% energy savings typical from RCx (LBNL, 2009)
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Systems Tracking-SCIwatch
Software-as-a-service (SaaS) solution for building owners/managers to optimize
the performance of connected building systems-namely, HVAC, lighting,
refrigeration, etc.
Solution is scalable, cost-effective and yields measurable
returns
Primary benefits from optimizing building
performance through fault detection &
diagnostics include:
More effective maintenance-i.e., predictive
vs. time-based, targeted at faults that drive
energy expense and/or equipment failure
Energy savings-building HVAC/lighting
account for > 50% of energy use
Risk mitigation-visibility into pending
failures of capital-intensive assets (insurance
savings)
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Energy Tracking-SCItrack
Energy Tracking-SCItrack
SCItrack enables
customers to monitor
energy consumption
from meters/ submeters,
and target opportunities
for energy and cost-
savings.
Additionally, SCItrack can
establish a baseline, and
provide electronic
measurement &
verification for energy
conservation measures
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SCIwatch/RCx Payback Scenario-12-15 months
Building Performance Overview Building Performance Overview
Situation Overview REIT-owned, single building, multi-tenant
349,000 sq ft
Energy Energy Intensity $2.50/sq ft; no sub-metering or consumption tracking
Systems
BAS: ALC
Pricing utility rebated for 1st year
Cost savings assumptions attributed to energy
savings only-ramping to 10% by year 2.
We expect other savings from maintenance
productivity and reduced outages/failures-not
included in payback analysis.
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SCI (with Servidyne)? SCIenergy
SCIenergy is responding to customer interest
in being a trusted advisor with a
comprehensive solution set to sustain savings
and offer exciting new applications
and offer exciting new applications
and offer exciting new applications
and offer exciting new applications
and offer exciting new applications
Basic Tools
"Beyond Basic"
Tools
iRCx is the deployment
methodology to help
customers migrate to
'beyond basic'
SCIenergy(tm) Cloud Apps
EnergyCheck(r)
iTendant
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SCIenergy Clouda Platform for Energy AND Systems Tracking
Scientific Conservation (SCI) has built the worlds first cloud-based energy management
platformthe SCIenergy Cloudthat will provide an integrated solution for building owners and
operators to track both energy consumption and building systems.
Building engineers are at the forefront of initiatives to reduce energy consumption and manage
sustainability/green building, in addition to their primary role of maintaining the critical
systems of a facility. Yet the tools at their disposal typically include only utility meters and a
buildings automation system.
SCI, along with its strategic partner, Servidyne, are offering a path to energy savings through its
Intelligent Retro-Commissioning processiRCx. The solution combines the energy savings potential
of retro-commissioning with technology to sustain it. iRCx starts with the implementation of the
worlds leading fault detection & diagnostics SCIwatch, delivered via Software-as-a-Service (SaaS).
SCIwatch avails data that is critical for a retro-commissioning agent to identify an expanded list
of faults and validate opportunities for energy savings. With full visibility of a buildings
connected systems, retro-commissioning and engineering professionals from Servidyne conduct their
investigations, and implement low/no-cost projects that have quick payback periods and verified
energy savings potential. SCIwatchs predictive diagnostics then sustains the savings and further
identifies drift. Building engineers enjoy a paradigm shift on maintenancekeeping systems at
optimal performance on a just-in-time basis rather than on a time-based schedule. Other product
capabilities in the SCIenergy Cloud include:
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SCItracktracks energy consumption from utility meters, including submeters.
Establishes baseline consumption, and provides analytics to evaluate deviations in
real-time. |
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LEED® Online App (coming soon)uses SCIwatch and automates the online reporting to the
USGBC for LEED for EBOM certification or re-certification. Satisfies the ongoing
commissioning requirement. |
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iTendant®Servidynes computer maintenance management system (CMMS) for commercial
office buildings and hotels. Includes SmartRoute® messaging system to communicate with
service employees and/or contractors. Integrates with SCIwatch for unscheduled and
predictive maintenance work orders, and utilizes common smart phone platforms for
communications and data entry. |
Call it green magic. According a pair of studies that offer the first broad-scope examination
of the economics of green buildings, green buildings really do it all: lower operating costs, boost
rental rates, increase sales values and even improve occupancy rates.
- Adam Aston, Business Week
iRCxThe Starting Point for Managing Building Performance
In 2011, the California Commissioning Collaborative authored The Building Performance Handbook
to identify current tools and emerging technologies for tracking energy and systems in buildings.
The handbook addresses the obvious relationship between the two, but recognizes the lack of
comprehensive tools that bridge energy and systems. The SCIenergy Cloud is the most comprehensive
platform available, and its core features are extensible to the portfolio level. But, technology
tools arent enough! Building engineers and energy managers are more resource-constrained than
ever. Under the Strategic partnership, SCI, coupled with Servidynes leading retro-commissioning
and energy services engineers take a turnkey approach to delivering savings and installing the
tools to maintain them. Experience to date suggests cost savings based on energy consumption alone
in the 6%-15% range, supporting payback periods of less than 12 months. Maintenance savings,
extended equipment lifecycles, improved tenant comfort, and productivity savings for sustainability
reporting are also expected.
From the PECI-authored Building Performance Handbook, developed with funding from California
Energy Commissions PIER Program, 2011
True Portfolio Management
The SCIenergy Cloud offers a single portal for tracking energy and building systems across a
corporate real estate portfolio. Whether you simply need data to support reporting, or are
interested in understanding how faults or energy consumption might be indicative of a design,
procurement, or policy decision, the SCIenergy Cloud offers the ability to roll data up, or isolate
specific assets, buildings, regions, or even business units.
SCI is continuously building new functionality from the bottom up. We recognize that our success
is based on your ability to realize operational cost savings quickly. We would welcome the
opportunity to be your partner in that endeavor.
Scientific Conservation Inc. (SCI) is a leading provider of energy efficiency via Predictive
Diagnostics and Analytics solutions for the commercial building market. The companys suite of
energy & systems management solutions uses the industrys first Software-as-a-Service (SaaS)
platform to reduce annual energy spending by comparing predicted energy and system efficiencies
against real-time operation. In June 2011, SCI signed a definitive agreement to acquire 100% of
Servidyne, a leading energy management company, in an all-cash transaction. The integrated company
will operate as SCIenergy, Inc. SCI is backed by some of the most active and successful investors
in the cleantech spaceDraper Fisher Jurvetson (DFJ), DFJ Growth Fund, the Westly Group, Triangle
Peak Partners, GE, and Intel Capital. The management team includes more than a century of
experience in building controls, energy services, software, and green building. SCI was recently
selected as one of 12 partners in GEs Ecomagination Challenge, and counts GE among its strategic
customers. For more information, please visit www.scientificconservation.com, www.servidyne.com, or
www.scienergy.com.
ADDITIONAL INFORMATION ON THE MERGER AND WHERE TO FIND IT
This communication does not constitute a solicitation of any vote or approval. In connection
with the proposed merger, Servidyne, Inc. has filed a preliminary proxy statement with the SEC, and
will file and deliver a definitive proxy statement to its shareholders. Servidyne shareholders are
urged to read the proxy statement, as well as other documents filed with the SEC, because they will
contain important information about the merger. The proxy statement and other documents Servidyne
files with the SEC are available free of charge at the SECs web site (www.sec.gov) or from
Servidynes website (www.servidyne.com) under the tab Investor Relations and then under the
heading All SEC Filings. Free copies of Servidynes filings also may be obtained by directing a
request to investorrelations@servidyne.com.
Servidyne and its directors and executive officers may be deemed, under SEC rules, to be
participants in the solicitation of proxies from Servidynes shareholders with respect to the
proposed transaction. Information about the directors and executive officers of Servidyne is
included in Servidynes preliminary proxy statement for its special meeting of shareholders filed
with the SEC on July 18, 2011, and in its definitive proxy statement for its 2010 annual meeting of
shareholders filed with the SEC on July 28, 2010. More or different information may be set forth in
the definitive proxy statement for the special meeting and other documents to be filed with the SEC
in connection with the proposed merger.
CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS
Certain statements contained or incorporated by reference in this communication, including without
limitation, statements containing the words believe, anticipate, estimate, expect, plan,
project, forecast, should, and words of similar import, are forward-looking statements within
the meaning of the federal securities laws. Forward-looking statements included in this
communication include, without limitation, statements regarding the expected closing of the
proposed transaction, which projections are subject to the risk of nonsatisfaction of closing
conditions, among other risks. Forward-looking statements involve known and unknown risks,
uncertainties, and other matters which may cause the actual results, performance, or achievements
of Servidyne to be materially different from any future results, performance, or uncertainties
expressed or implied by such forward-looking statements. Factors affecting forward-looking
statements in this release include, without limitation, the factors identified under the caption
Risk Factors in the Companys Current Report on Form 8-K filed with the SEC on June 2, 2011, as
such factors may be updated from time to time by subsequent Servidyne SEC reports. Servidyne does
not undertake to update these forward-looking statements.