Enwise Holdings Inc. announces Paul Massara joins board of directors

    TORONTO, July 25 /CNW/ - Following the tremendous momentum and growth,
Peter Hwang, CEO and President of EnWise Holdings is pleased to announce the
appointment of Paul Massara to the board of directors.
    "We are very excited about adding Paul to the EnWise board. We look
forward to drawing on his excellent reputation and vast experience in all
aspects of the home services and energy sectors, which will be beneficial to
EnWise's ongoing strategic growth into new geographical and commercial
expansion opportunities," states Hwang. To date, EnWise has established a
strong brand in the 'whole-home' services business by providing affordable
energy saving solutions for homeowners that are also beneficial to the
environment. Massara confirms: "The EnWise business model is the future of
energy management and makes conservation attainable to the average consumer.
Together, we look forward to reinforcing the strong link between both
environmental and business communities to foster sustainable economic growth."
    Mr. Massara has extensive commercial experience having held senior
executive roles for Centrica Plc for the last ten years. His last role with
the company was as President of Canadian Operations for Direct Energy where he
was responsible for the strategy and profit and loss for a business with a
turnover in excess of $2.7 billion, growing it from $1.0 billion just three
years earlier. He was also responsible for home services, sales and customer
experience on a North American basis. He has extensive experience in
deregulation, corporate finance, marketing, sales, customer experience, risk
management and trading as it relates to the energy and service sectors both in
Europe and North America. He has a Masters in Corporate Finance from London
Business School and was voted one of the Top 40 Under 40 Canadian leaders in
2005. Mr. Massara is a Board member of the Toronto Board of Trade and also
several charitable organizations.

    About EnWise Holdings Inc.

    EnWise was founded in 2006 with a commitment to building a culture of
energy conservation by providing straightforward ways for homeowners to
protect the environment, lower home energy bills and save money. EnWise
currently serves the Greater Toronto Area and southern Ontario residential
housing markets and has plans to support all of Ontario and other major
metropolitan areas of Canada. EnWise operates through its three wholly-owned
subsidiaries - EnWise Power Solutions Inc., EnWise Capital Corporation and
EnWise Building Science Inc.
    EnWise services its customers by providing an affordable one-stop-shop
for solutions that improve the comfort and energy efficiency of their home
beginning with a comprehensive energy evaluation, followed by licensed
installations and affordable financing for all recommended products and
services. EnWise will also facilitate access to up to $10,000 in available
government grants and rebates incentives
    EnWise currently has 90 employees and is headquartered in Toronto,
Ontario. For more information please visit www.enwisepower.com.

For further information:

For further information: Media Inquiries: Lindsay Boyd, Marketing
Communications Manager, Phone: (416) 444-9700 x349, Fax: (416) 444-9173,
Email: lboyd@enwisepower.com

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