Unveils New Buyer Incentives, Including First-Ever Software “Leasing” Program
SAN DIEGO — (BUSINESS WIRE) — July 12, 2010 — EDSA ( www.edsa.com), the leading developer of power analytics solutions for the design, testing, and management of complex electrical power systems, today unveiled an enhanced version of its industry-leading power systems modeling package, Paladin DesignBase. The Company also announced that qualified power systems engineers can take advantage of a suite of new promotional incentives such as 2-for-1 licensing, extended trial periods and a new “Project Pricing” offer that enables users to “lease” Paladin DesignBase 3.1 with only a modest up-front investment.
Paladin DesignBase 3.1 is an enhanced version of the popular 3.0 version released in February. The new release incorporates a wide range of new features and functions that greatly simplify – and thus, accelerate – the process of designing and optimizing models of complex electrical power infrastructure before it is constructed. In addition, EDSA continues to enhance Paladin DesignBase in ways that facilitate the redeployment of Paladin DesignBase models in “live” operations, using the Company’s Paladin® Live™ facility management and predictive optimization platform. This patented, design-through-deployment capability is exclusive to the Paladin family, and has been embraced by some of the largest commercial and government mission-critical facility operators in the world.
“The synergy between Paladin DesignBase and Paladin Live is revolutionizing the power systems CAD industry. We’ve seen a surge in new orders from mission-critical design firms switching from competing software platforms to Paladin DesignBase, because their end-user customers are specifying that CAD models be delivered in the Paladin DesignBase format in order to immediately deploy Paladin Live in their finished facilities,” said Mark A. Ascolese, Chairman and CEO of EDSA. “The rest of the mission-critical facility business is learning what EDSA users have known for a long time: no other power systems CAD platform can produce a CAD model that is ready-for-deployment like Paladin DesignBase.”
Enhanced Paladin DesignBase-to-Paladin Live deployment features
As with all new releases of Paladin DesignBase, EDSA has invested enormous development effort into increasing the richness of data that can be encoded in every Paladin DesignBase model – which, in turn, allows models to be quickly redeployed as part of live operations using Paladin Live.
“Paladin DesignBase is the only power systems CAD modeler that codifies design data at the level of detail necessary to deploy power analytics for the automated management of a modern, mission-critical facility,” said Kevin Meagher, chief technology officer of EDSA. “Other power systems modelers are adequate rendering tools, but they simply cannot produce power systems models that are sufficiently robust for managing a demanding, real-world environment. By switching to Paladin DesignBase, design firms are able to create models that are ‘Perfect on Paper’ and ready for immediate re-deployment.”
New Modeling Features and Functions
Paladin DesignBase 3.1 incorporates dozens of new features to enhance user productivity for power systems modeling and optimization, which are detailed on the EDSA Website. The most significant of these new features include:
New Buyer Incentives
To make power systems engineers’ migration to Paladin DesignBase 3.1 even more attractive, EDSA also announced three promotional incentives: