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Archive for September, 2011

September 2011 Newsletter

Mass. Capital is pleased to announce a new investment in Polar Corporation. Polar, founded in 1882, is the largest privately owned, independent soft drink bottler in the United States.  Polar produces 65 different types of beverages, including traditional flavored drinks, seltzers, diets, spring water and an assortment of new age beverages.  Polar’s  business segments include the Company’s proprietary Polar and Adirondack brands, private label brands, national franchise brands including A&W Root Beer, Sunkist and 7-UP and new age brands such as Snapple, Nantucket Nectars and Arizona Iced Tea.  With its broad range of products and SKUs Polar currently controls approximately 30% of the carbonated soft drink market in the Northeast.

This investment is Mass. Capital’s fourth investment in Polar.  The new financing was lead by Prudential Capital and the proceeds, together with senior debt from Bank of America, were used to complete a recapitalization of the Company and to support the continued growth of the business.

For more information on Polar Corporation, please visit www.polarbev.com.

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September 2011 Newsletter
Mass. Capital is pleased to announce a new investment in Polar Corporation. Polar, founded in 1882, is the largest privately owned, independent soft drink bottler in the United States.  Polar produces 65 different types of beverages, including traditional flavored drinks, seltzers, diets, spring water and an assortment of new age beverages.  Polar’s  business segments include […] »

HighRoads Client, AT&T’s Michael Calhoun, Receives “Benny” Award from Employee Benefit News

AT&T the Latest in a Long List of HighRoads Innovation Superstars to be Recognized by Industry Organizations

BOSTON (September 28, 2011) -HighRoads, an industry leader in employer health care compliance and benefits management, today announced that its client, Michael Calhoun, director, benefit plan governance for AT&T, was awarded this year’s “Judges’ Choice” Benny Award presented by Employee Benefit News (EBN). Calhoun was recognized for his visionary approach to implementing a technology-based solution for AT&T’s benefits plan documents management process by using HighRoads.

AT&T is the latest company in a growing list of HighRoads customers to be recognized for their human resources innovation, vision and successes. Other HighRoads customers to receive industry awards for their use of innovative benefits management technology include: Dell, Hannaford Supermarkets, H-E-B, Kraft Foods, Pitney Bowes, and Staples.

Under Calhoun’s direction, AT&T has developed one of the most comprehensive benefits governance programs in the industry. To accomplish this, AT&T turned to the benefits governance infrastructure from HighRoads that helps to integrate participant communication and achieve operational excellence in a complex, changing regulatory environment.

“We’re moving out of an environment where our job is to maintain documents, to one where our job is to manage information,” said Calhoun to EBN. “And that’s where the real business value is, making that information more accessible, giving it greater utility, eliminating work that goes on in the current environment just to assemble information for decision-making purposes.”

“Compliance management is all about mitigating the risk of legal or regulatory sanctions, financial loss or the loss of reputation a business may suffer as a result of failure to comply with laws or regulations,” said Michael Byers, CEO, HighRoads. “To accomplish this, Michael and his team at AT&T put a winning system in place with the technology and expertise that also fosters collaboration, consistency and efficiency.”

The EBN Benny Awards recognize excellence and innovation in the employee benefits/human resources field. More information on Calhoun’s winning AT&T project can be viewed by visiting: http://is.gd/LCELs6.

HighRoads Client, AT&T’s Michael Calhoun, Receives “Benny” Award from Employee Benefit News
HighRoads, an industry leader in employer health care compliance and benefits management, today announced that its client, Michael Calhoun, director, benefit plan governance for AT&T, was awarded this year's "Judges' Choice" Benny Award presented by Employee Benefit News (EBN). »

BigBelly Solar Unveils “Smart Grid for Waste & Recycling”

September 26, 2011 11:55 am

Data-driven operational changes fuel dramatic financial and environmental savings across hundreds of communities, campuses, corporate settings and park systems worldwide.

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BigBelly Solar today announced the launch of its next-generation intelligent waste & recycling collection system, the Smart Grid for Waste & Recycling TM. The system features new and expanded capabilities at each layer:

The combination of these “mix and match” system components enables a full range of custom-configured stations that address specific waste & recycling capacity and stream mix, including those locations where volumes do not support an investment in on-site compaction.

“BigBelly Solar has evolved from the creation of the patented solar compactor into an enterprise system provider for optimally managing public space waste & recycling collection operations. Every BigBelly and SmartBelly component senses activity and provides information to our customers in real-time,” said Barry Fougere, CEO of BigBelly Solar. “Combined with powerful historical analysis and reporting, these insights provide transparency and control to customers who previously had to assign peak resources at all times given the absence of data to support more targeted resourcing decisions. That visibility across the entire operation is also attractive at the executive level, which is under increasing pressure to justify investments and provide measurable and verifiable results to their stakeholders.”

“I can tell you that the CLEAN management console has made an enormous improvement in how we manage our operations,” said Marty Howell, Sustainability Manager for the City of El Paso, which has dropped 9 collections per week and eliminated weekend collections altogether with the BigBelly System. “We’ve seen a dramatic improvement in overall cleanliness, while reducing our operating expenses. Like all cities, our agencies are challenged to maintain service levels while dealing with tighter budgets, and we’ve found a solution that cuts costs without reducing service.”

“As the first municipality in North America to use the BigBelly solar compactors to collect recyclables, not waste, Markham has once again demonstrated its leadership in recycling and in the use of green technology,” said Mayor Frank Scarpitti of Markham, Ontario. “Not only are you saving your operational costs, your staff time, your trucks, you’re saving on carbon, and you’re giving the proper messaging by making recycling easy and garbage difficult. This is one more significant step toward achieving our sustainability and Zero Waste goals.”

“Over the past few years, the BigBelly System has helped us reduce operating costs while increasing recycling options and keeping the campus cleaner,” said Koby Weatherford, Landscape Maintenance Foreman at Texas A&M University. “We are excited to be the first US customer for BigBelly Solar’s new SmartBelly system. The BigBelly solar compactor has been particularly helpful in our high-traffic areas and we look forward to gaining visibility and control in our less-trafficked areas with the SmartBelly solution.”

Data-driven insights, on-site compaction and a full range of Zero Waste recycling options – all powered by solar energy and utilizing advanced information technology – are a powerful combination. In times where customers of all types face difficult budget pressures, the ability to reduce collections while improving services levels is not a nice-to-have, it’s a must-have. Similar to the “nega-watt” in grid energy efficiency, BigBelly Solar delivers the “nega-mileTM” – helping customers remove 7-8 out of every 10 trash vehicle trips from their streets, reducing the carbon footprint and fuel cost drain for vehicles that typically average less than 3 MPG.

Supported by various leasing options to align system savings with costs, the BigBelly Solar intelligent waste & recycling collection system is a true asset for city, university, park system and corporate leadership looking to dramatically reduce their environmental impact while simultaneously achieving substantial budgetary savings.

About BigBelly Solar
BigBelly Solar is a leading global provider of innovative and sustainable solutions for the management of waste & recycling, with more than 800 customers in virtually every U.S. state and 30 countries. The BigBelly Solar intelligent waste & recycling collection system combines a powerful management console, software-enabled network command center, and family of mix and match waste & recycling stations into a toolkit that enables municipalities, colleges & universities, government facilities and other institutional customers to reduce the operating costs associated with collection by 80 percent. Recognized as a C40 Cities Climate Leadership Group best practice, BigBelly Solar is also enabling its customers in becoming visible leaders in practices that are more environmentally sustainable – displacing fossil fuel usage through renewable energy, increasing recycling rates, reducing litter and associated public health concerns, and creating a messaging platform to engage users and influence more environmentally-conscious behaviors.

Note: BigBelly Solar, BigBelly, SmartBelly, Eliminating the Waste in Waste Collection, Smart Grid for Waste & Recycling, and nega-mile are trademarks of BigBelly Solar, Inc.  Copyright 2011.  All rights reserved.

BigBelly Solar Unveils “Smart Grid for Waste & Recycling”
BigBelly Solar today announced the launch of its next-generation intelligent waste & recycling collection system, the Smart Grid for Waste & Recycling TM. The system features new and expanded capabilities at each layer. »

Newton’s BigBelly Solar is building an Internet of trash cans

By Scott Kirsner, Globe Columnist

If you live in Boston, you’ve probably used BigBelly Solar’s product: they’re stout-looking trash receptacles with a solar panel on top. When the can fills up about half-way with trash, a compactor mechanism smashes it down, using solar power that has been stored up in a battery. As a result, the company says, BigBelly compactors can hold four to five times the amount of garbage as a typical trash can – and thus, they don’t need to be emptied as often. That can save cities serious money, and more than 12,000 of the cans now dot Philadelphia, Chicago, and the campuses of MIT and Boston University. (Pictured at right are a BigBelly can and the accompanying SmartBelly receptacle, which holds recyclables, but doesn’t have the compacting mechanism.)

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Now, perhaps realizing that recurring revenues are better than one time sales, the company is repositioning itself as a software-as-a-service company that also happens to sell hardware. BigBelly is integrating GSM wireless connectivity into its trash and recycling cans, which allow them to report their status to a Web-based software system. The company has dubbed it a “smart grid for waste and recycling,” and by sending crews out to empty only the receptacles that need it, BigBelly thinks it can eliminate at least 7 of every 10 pick-up trips that trash vehicles make today.

“I come out of the networking world, so for me, these devices are nodes in a network,” says chief executive Barry Fougere. (He was CEO of Colubris Networks, a wireless start-up acquired by HP.) “Our customers at BigBelly are not used to having information. Are my guys doing their job? Where do we have problems with cans that are overfull, and trash is blowing everywhere? We give them that.” They call the software CLEAN Wireless (see a screenshot below.) CLEAN stands for Collection Logistics Efficiency and Notification.

Looking at real-time data for the city of Philadelphia – BigBelly’s largest customer – Fougere shows that 29 of the city’s 893 networked compactors are red (meaning they should be emptied immediately), and 145 are yellow (meaning they’re approaching full). BigBelly’s software also shows if a door to the receptacle has been left open, or if there’s maintenance that needs to be performed. It can also spit out a list of all of the locations of the cans that need to be emptied.

“The goal,” Fougere explains, “is to take capacity out of their system – meaning trucks and crews – without negatively impacting service levels.” In Philly, for instance, the sanitation department used to swing by some trash cans 17 times a week; now, the average is 2.5 times a week. Chicago had been collecting trash at most downtown locations twice a day, and now that number is only twice a week, according to Fougere.

The technology seems perfectly designed for politicians – not just sanitation managers. “It’s an early win that elected officials can take credit for in their renewables portfolio,” says Fougere. Engineering vice president Michael Feldman adds, “Having the data is great, because it proves how much gas and emissions they’re saving.” It also cuts down on the number of citizens who call into the Mayor’s office to complain about unkempt trash cans in city parks, Feldman says.

The technology isn’t cheap: leasing 10 systems that include a trash compactor and recycling container is about $1000 a month, Fougere says, and purchasing them outright would be about $60,000 (including a 5-year software license.) But they say most users will see a payback within two years from the savings on labor and truck operating costs. Customers who have already bought the BigBelly compactors that don’t have wireless integrated will have the choice of paying for an upgrade – or not.

The company has deployed close to 1000 BigBelly cans around eastern Massachusetts, but most haven’t yet been linked to the wireless network for reporting. (From here on out, the company plans to only sell the receptacles with a subscription to its software.)

BigBelly has been funded by angel investors and publicly-traded Waste Management. Fougere said BigBelly achieved profitability last year, and isn’t currently out raising additional funding.

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Newton’s BigBelly Solar is building an Internet of trash cans
If you live in Boston, you've probably used BigBelly Solar's product: they're stout-looking trash receptacles with a solar panel on top. When the can fills up about half-way with trash, a compactor mechanism smashes it down, using solar power that has been stored up in a battery »

BigBelly Solar Selected as a GoingGreen Global 200 Winner

September 22, 2011 11:37 am

Recognized for creating new opportunities in green technology.

NEWTON, Mass. – September 22, 2011 – BigBelly Solar, Inc., the world’s first waste & recycling collection systems company that integrates renewable energy and information technology to dramatically lower the operating costs, fuel consumption and greenhouse gas emissions associated with the waste collection process, today announced that it has been chosen by AlwaysOn as one of the GoingGreen Global 200 winners.

Inclusion in the GoingGreen Global 200 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. BigBelly Solar was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

“We are honored to have been selected by AlwaysOn as one of the game-changing companies driving the global greentech revolution,” said Barry Fougere, CEO of BigBelly Solar. “The innovative application of information technology and renewable energy to solve the world’s energy, environmental and financial problems is an exciting mission for our firm and the other winners. In the area of resource efficiency, we have architected a ‘Smart Grid for Waste & Recycling TM‘, where all waste & recycling stations sense activity in real-time and relay that information via the web to a management console, presenting analysis and reporting that enable customers to reduce their collection frequency by 70-80+% without any reduction in service levels. Similar to the nega-watt concept in energy efficiency, we call this the ‘Nega-Mile TM‘ – the ability to take 7-8 out of every 10 trash vehicle trips off the road. In many cases, these efficiencies are THE reason why customers can afford to launch public space recycling programs that they would not be able to otherwise afford.”

BigBelly Solar and the GoingGreen Global 200 companies will be honored at AlwaysOn’s GoingGreen Silicon Valley event on September 27th, 2011, at San Francisco City Hall in San Francisco, CA. This two-and-a-half-day executive event features CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities.

“Picking this year’s GoingGoing Global 200 was a very competitive process, as literally dozens of great greentech companies are emerging out of the pack, raising big money, and gaining significant market traction,” says Tony Perkins, founder and editor of AlwaysOn. “This year’s winners clearly represent some of the highest-growth opportunities we’ve seen in the private company marketplace and underscore that many of the greentech sectors VCs have been betting on are booming.”

The GoingGreen Global 200 winners were selected from among thousands of domestic and international greentech technology companies nominated by investors, bankers, journalists, and greentech industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.

A full list of all the GoingGreen Global 200 winners can be found on the AlwaysOn website here.

About BigBelly Solar, Inc.

BigBelly Solar is a leading global provider of innovative and sustainable solutions for the management of waste & recycling, with more than 800 customers in virtually every U.S. state and 30 countries. The BigBelly Solar intelligent waste & recycling collection system combines a powerful management console, software-enabled network command center, and family of mix and match waste & recycling stations into a toolkit that enables municipalities, colleges & universities, government facilities and other institutional customers to reduce the operating costs associated with collection by 70-80+%. Recognized as a C40 Cities/Clinton Climate Initiative global best practice, BigBelly Solar is also enabling its customers in becoming visible leaders in practices that are more environmentally sustainable – displacing fossil fuel usage through renewable energy, increasing recycling rates, reducing litter and associated public health concerns, and creating a messaging platform to engage users and influence more environmentally-conscious behaviors. For more information visit BigBellySolar.com.

BigBelly Solar: Eliminating the Waste in Waste Collection TM

About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

BigBelly Solar Selected as a GoingGreen Global 200 Winner
BigBelly Solar, Inc., the world's first waste & recycling collection systems company that integrates renewable energy and information technology to dramatically lower the operating costs, fuel consumption and greenhouse gas emissions associated with the waste collection process, today announced that it has been chosen by AlwaysOn as one of the GoingGreen Global 200 winners. »

New Sector M5 is a Sleek Performer

The new Sector M5TM is a high performance indirect/direct fixture for T5 and T5HO lamps. The optical design provides peak intensity at angles as low as 110 degrees evenly lighting the ceiling.

sector-m5

Sector M5 is Cradle to Cradle Silver Certified and with fixture efficiencies of 90% and higher, it enables substantial energy savings. A fixture-integrated photosensor is available as part of our CS/dlh daylight harvesting Control Solution.

Additionally, Sector M5 is available with the choice of either a white blade baffle or a soft glow lens. This simple rectilinear design is suitable for many office or commercial applications.

New Sector M5 is a Sleek Performer
The new Sector M5TM is a high performance indirect/direct fixture for T5 and T5HO lamps.The optical design provides peak intensity at angles as low as 110 degrees evenly lighting the ceiling. »

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