BURLINGTON, Mass.–(BUSINESS WIRE)–#Artificialintelligence—LoadSpring Solutions, Inc., the enterprise market leader in project platform solutions, has accepted a strategic majority interest investment from Blattner Technologies. Blattner Technologies is on a mission to be the leading provider of Predictive Transformation^TM services and tools in the data analytics, artificial intelligence, and machine learning industries.

LoadSpring’s partnership with Blattner Technologies aligns with our industry focus on digital transformation and advancing data usability, analytics, machine learning, and artificial intelligence. Blattner’s focus on AI and predictive technologies will help lead to our customers’ next generation of advancement.

“Today’s investment announcement will enable LoadSpring to rapidly expand its vision of driving the project controls industry to a future where it aspires to be. This new partnership, including the additional board membership, will accelerate our platform development and AI/analytics technology innovation to enable faster geographic and industry expansion, truly unlocking LoadSpring’s potential. Together, our expertise in providing global cloud solutions for project-based organizations and our new partner’s expertise in building companies will provide next-generation solutions for our customers,” states Eric Leighton, President and CEO of LoadSpring Solutions, Inc.

Blattner Technologies’ CEO Russ Blattner says, “LoadSpring has the resources and tools to complement the list of companies Blattner Technologies is acquiring in our mission to build a predictive transformation model that takes our customers from the basics of data management and analytics to operationalizing AI/ML and true predictive analytics throughout an organization.”

LoadSpring’s global office locations and executive management teams will remain in place, with Eric Leighton continuing in his leadership role as President and CEO. Blattner Technologies representatives Russ Blattner and John Leschorn, along with Terrance Berland, co-founder of Unicorn & Lion, LLC, will join the LoadSpring Board of Directors, providing operational and technology vision to drive customer solutions into the future.

“This investment combines secure technology infrastructure and next-generation tools and analytics to create a truly distinctive solution offering for customers. This is an industry trend that will continue as organizations better understand the power of controlling and mining their data and look for partners that can bring them complete solutions, not just pieces,” says Terrance Berland, a member of the Forbes Technology Council.

About Blattner Technologies

Nashville, TN Blattner Technologies – Building on a 115-year legacy of innovation by the Blattner family of companies, Blattner Technologies is on a mission to be the leading provider of Predictive Transformation^TM services and tools in the data analytics, artificial intelligence, and machine learning industries.

About LoadSpring

Founded in 1999, LoadSpring is a global project management provider obsessed with offering advanced managed cloud services. LoadSpring delivers expert project management and control solutions, fast data and business intelligence access, and hundreds of best-of-breed project-based applications. Data safety is assured through SOC 2 Type II security certification, providing an impenetrable cloud environment. LoadSpring customers and partners get higher productivity and ROI through our proprietary project platform while reducing the burden on their IT departments.

For more information, contact Stacey Witt at switt@loadspring.com

Contacts

Stacey Witt, LoadSpring Solutions

(949)-584-5773

Following successful pilot program and cross-country deployment, BrainBox AI to reduce Sleep Country CO2 emissions equivalent to the emissions of nearly 4 million kms driven by the average car

MONTREAL–(BUSINESS WIRE)–#ai—BrainBox AI, a pioneer in autonomous artificial intelligence for the commercial real estate sector, today announced that Sleep Country Canada Holdings Inc. (“Sleep Country”), Canada’s leading specialty sleep retailer, has installed BrainBox AI’s groundbreaking artificial intelligence technology in 214 stores which represents close to 80% of its total footprint and 1.1 million square feet of retail space across Canada.

The agreement with BrainBox AI aligns with Sleep Country’s goal to be net zero by 2040, laid out in its inaugural ESG report released earlier this year. BrainBox AI is well-suited to help multi-site retailers like Sleep Country with their environmental goals using predictive and self-adapting autonomous AI to optimize the largest energy hogs in buildings – HVAC (heating, ventilation, and air conditioning) systems. The rapidly deployed technology produces significant reductions in energy consumption and carbon footprint, while increasing occupant comfort and HVAC equipment service life.

“We are thrilled to partner with BrainBox AI in our efforts to become net zero by 2040 and, more broadly, play our part in battling our planet’s climate crisis,” shares Stewart Schaefer, President and CEO, Sleep Country. “Sleep Country is committed to making a positive impact on both our customers, partners, and the world through our corporate ESG initiatives, and the implementation of this ground-breaking AI technology will help us achieve our near and long-term sustainability goals.”

Preceding the rollout across Sleep Country’s real estate portfolio, BrainBox AI completed a four-store pilot project, designed to explore the energy and GHG emission reductions that the technology could offer the retailer. With the pilot covering approximately 20,000 sq. ft. of store space and rooftop unit-based HVAC systems, Sleep Country saw an annualized 15% reduction in electricity use from its HVAC equipment, a 19% reduction in HVAC gas consumption, and a 15 tCO2 reduction in carbon equivalency. After the accomplishments of the pilot were clear, Sleep Country and BrainBox AI came together to formalize their relationship. The replication of these results across the 214 locations will provide Sleep Country with significant utility savings and a yearly CO2 emissions equivalent to the emissions of close to four million kilometres driven by the average car.

“At BrainBox AI, we are passionate about working to make buildings smarter, greener, and more efficient. The opportunity to install our technology throughout the retail footprint of one of Canada’s top multi-site retailers is truly exciting for our team,” says Jean-Simon Venne, Chief Technology Officer and Co-founder, BrainBox AI. “As a Canadian company ourselves, helping reduce the carbon footprint in our home market is important to us. But climate change is a global issue, and we look forward to working with major brands around the world to help them achieve their environmental and energy goals.”

BrainBox AI’s solution empowers commercial and retail space owners alike to dramatically reduce their buildings’ energy spend and carbon emissions, moving them one step closer to achieving their net zero carbon goals. To learn more, visit www.brainboxai.com.

About BrainBox AI

Founded in 2017, BrainBox AI was created to address the dilemma currently facing the built environment, its energy consumption and significant contribution to climate change. As innovators of the global energy transition, BrainBox AI’s game-changing HVAC technology leverages AI to make buildings smarter, greener, and more efficient. Working together with our trusted global partners, BrainBox AI supports real estate clients in various sectors, including office buildings, hotels, commercial retail, grocery stores, airports, and more.

Headquartered in Montreal, Canada, a global AI hub, our workforce of over 150 employees, bring with them talent from all sectors with the common thread of being in business to heal our planet. BrainBox AI works in collaboration with research partners including the US Department of Energy’s National Renewable Energy Laboratory (NREL), the Institute for Data Valorization (IVADO) as well as educational institutions including Montreal’s Institute for Learning Algorithms (MILA) and McGill University. For more information visit: www.brainboxai.com

About Sleep Country

Sleep Country is Canada’s leading specialty sleep retailer with a national retail store network and multiple robust eCommerce platforms. The Company has 287 corporate-owned stores and 20 warehouses across Canada and operates under retail banners: “Sleep Country Canada”, with omnichannel operations in Canada excluding Québec; “Dormez-vous” with omnichannel operations in Québec; “Endy”, Canada’s leading direct-to-consumer online sleep solutions retailer; and recently acquired “Hush”, one of Canada’s fastest-growing digital retailers. Sleep Country is a purpose-led organization dedicated to transforming lives by awakening Canadians to the power of sleep and is committed to building a company culture of inclusion and diversity where differences are embraced and valued. The Company meaningfully and positively supports its environment and the communities where it operates through its comprehensive mattress and foundation recycling program that keeps mattresses out of landfills, as well as its bed donation program that contributes new and gently used mattresses and foundations to Canadian charities to help families and children in need get a good night’s sleep. For more information about the Company visit https://www.sleepcountry.ca

Contacts

For BrainBox AI
Rebecca Bender

Montieth & Company

rbender@montiethco.com

For Sleep Country
Sandy Indig

sandy.indig@sleepcountry.ca
289-748-0206, x22356