Wednesday, February 1, 2012

TextPower Signs Electric Utility

San Juan Capistrano-based TextPower, which provides software and text messaging (SMS) gateway services, said today that it has signed on electric utility Blue Grass Energy. TextPower did not disclose the financial impact of the win, but said that Blue Grass Energy is using the firm to provide text messaging alerts to its customers. The utility sends text messages out to users as part of a "Beat the Peak" program to help encourage users to shut off unnecessary lights and equipment during times of heavy usage. TextPower was founded by Scott Goldman and Mark Nielsen. Nielsen is the Chairman of Corent Technology, the software-as-a-service platform firm headed by Feyzi Fatehi; Goldman also heads consulting firm The Goldman Group.

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