Skyline REIT Adopts Wyse's Innovative SyNERGY Program to Battle Utility Costs

TORONTO, Nov. 22, 2016 /CNW/ - Wyse Meter Solutions Inc. (Wyse) announced today that SyNERGY, its utility expense management program, will be deployed in 345 multi-residential and commercial buildings owned and operated by Skyline Group of Companies (Skyline).  Skyline's focus on growth and self-sustaining building technology led to its transition to SyNERGY, deepening a successful, long-term submetering partnership with Wyse.

As North America's leading utility experts, Wyse's team will be responsible for all auditing, analyzing, reporting and benchmarking of Skyline's multi-million dollar utility expenses.  The SyNERGY program can also manage Ontario's Bill 135's regulatory compliance process, putting Skyline in an excellent position to easily meet these mandatory benchmarking and reporting requirements.

"After our initial pilot on the SyNERGY program, we knew there was no going back," said Matthew Organ, President of Skyline Living. "Wyse manages our utility expenses with unmatched precision, which allows us to expand Skyline's environmental leadership to reduce skyrocketing utility costs."

"We are thrilled to deliver SyNERGY across Skyline's exceptional portfolio of buildings," said Peter Mills, Co-CEO of Wyse Meter Solutions Inc. "SyNERGY is built to be the industry's most responsive program. Clients are clamouring for innovative ancillary services and it is fuelling Wyse's acceleration. Over 2,600% growth in 5 years reinforces to us that our client-centric approach to control utility costs hits the mark for leaders such as Skyline."

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About Wyse Meter Solutions Inc.
Wyse Meter Solutions Inc. is the 29th Fastest-Growing Company on the 2016 PROFIT 500 and ranks first in Industrial Services. The company provides turnkey submetering and utility expense management services to building owners, developers and property managers across Canada. Wyse is unique in its ability to provide clients with financial and utility consumption transparency, as well as accountability. Through an exclusive partnership with Conservice, the largest submetering and utility management company in North America, Wyse is able to offer its customers a powerful program known as SyNERGY, providing owners and managers with a 360-degree comprehensive view of the entire utility spend within a building or portfolio of buildings. SyNERGY is already in use across 2.5 million accounts in North America, including 8 of the top 10 owners and managers of multi-family real estate.

SOURCE Wyse Meter Solutions Inc.

Image with caption: "Wyse Meter Solutions Inc. (CNW Group/Wyse Meter Solutions Inc.)". Image available at: http://photos.newswire.ca/images/download/20161122_C7495_PHOTO_EN_824188.jpg



For further information: Peter Mills, Co-CEO, Wyse Meter Solutions Inc., pmills@wysemeter.com, 416.709.0079

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