Based in Taiwan, Technology Will Serve as a New Business Model
DENVER & ARMONK, N.Y.--(BUSINESS WIRE)--IBM, Enterprise Information Management Inc. (EIM), C-Lock Technology, Inc. (C-Lock™), a subsidiary of Evergreen Energy Inc. (NYSE Arca: EEE) and Foxconn/Hon Hai Technology Group today announced a global agreement to jointly deliver and deploy GreenCert™, the world’s first enterprise content management system that can accurately calculate and certify the amount of greenhouse gas emissions produced by a facility.
As part of the announcement, which took place in Tucheng, Taiwan, Foxconn and IBM will together bring the GreenCert technology to Taiwan, where it will serve as a new business model and an exclusive distribution source of GreenCert for the Asia Pacific region to promote energy saving, carbon reduction and other green energy opportunities.
Today’s announcement marks the first time that GreenCert technology will be available in the Asia Pacific region. GreenCert is an information technology solution for environmental protection and energy production developed originally in the United States by IBM and its Business Partners, EIM and C-Lock. The solution combines technology from the IBM industry-leading software portfolio that includes WebSphere, DB2, Lotus, Tivoli and Rational.
In addition to calculating carbon emissions, GreenCert provides instant data analysis and test reports that allow customers to use it as a base for carbon trading. Foxconn will make a significant investment leveraging IBM software and hardware technology to enable this analysis and management. At Kaohsiung Software Park, they will recruit several hundred software engineers with special industry skills to help make the GreenCert technology system meet the specific needs of different Asian industries. Additionally, it will help enterprises in the Asia Pacific region realize their social responsibilities toward energy saving and carbon emissions reduction.
As the carbon trading market continues to gain strength, GreenCert is widely regarded as a driving force in saving energy and reducing carbon emissions. It is an important application for enterprises in industries such as power, petrochemicals, iron and steel and other energy businesses that attach great importance to the reduction of carbon dioxide emissions.
The Kyoto Protocol promotes carbon trading as a key means of reducing worldwide emissions. Under the framework established by the Protocol, the amount of carbon emissions produced by a company will become a price tagged commodity to be traded on world markets under international law. This provision of the Protocol has proven to be very popular and, in fact, the World Bank’s “State and Trends of the Carbon Market 2007,” pointed out that the use of carbon trading to encourage reduction of greenhouse gas emissions has become the most important international policy in reducing greenhouse gas emissions.
“As part of this announcement, Foxconn will employ a large number of software engineers at the Kaohsiung Software Park to cultivate the talent needed to meet the increasing demand for environmental and energy saving technologies, and to deal with the global warming threat,” said Terry Gou, chairman of Foxconn. “As the most preferred partner to all aspects of contract manufacturing, Foxconn firmly believes it is our duty to take action to help save energy, share our experience in reducing carbon dioxide and recycle.”
“Our clients have identified a great need for accurate measurements in carbon trading. To meet this demand, IBM worked closely with EIM and C-Lock to develop GreenCert, which replaces manual calculation with computational technology. This can help enterprises collect pollutant emission data and allow them to conduct carbon trading and follow environment protection rules in their countries,” said Mark Easton, vice president of IBM software sales. “Partnering with an environmentally conscious company like Foxconn in such a strategic way greatly enhances GreenCert’s ability to help enterprises in Asia Pacific reduce greenhouse gases.”
About Foxconn
As the largest contract manufacturer in global electronics outsourcing, Foxconn pursues its mission to increase the affordability of environmental-friendly electronics products for all mankind by continuing to re-define end-to-end contract manufacturing services. For more information about Foxconn, visit: www.foxconn.com
For more information about IBM software, visit: www.ibm.com/software
For more information about EIM, visit: www.eim-worldwide.com
For more information about C-Lock, visit: www.c-locktech.com
For more information about Evergreen Energy, visit: www.evgenergy.com
IBM, WebSphere, DB2, Rational, Tivoli, Lotus, GreenCert, SmartSOA and the IBM e-business logo are trademarks or registered trademarks of International Business Machines Corporation. For a list of additional IBM trademarks, please see www.ibm.com/legal/copytrade.shtml
All other company, product or service names may be trademarks or registered trademarks of others. Statements concerning IBM's future development plans and schedules are made for planning purposes only, and are subject to change or withdrawal without notice. Reseller prices may vary.
Statements in this news release that relate to future plans or projected results of Evergreen Energy Inc. and C-Lock Technology Inc. are “forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall under the "safe harbor" provisions of the PSLRA. Our actual results may vary materially from those described in any "forward-looking statement" due to, among other possible reasons, the realization of any one or more of the risk factors described in our annual or quarterly reports, or in any of our other filings with the Securities and Exchange Commission, all of which filings any reader of this news release is encouraged to study. Readers of this news release are cautioned not to put undue reliance on forward-looking statements.
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