Copperleaf Wins Decision Analytics Software Deal With French Gas Transmission and Storage Company TeréGa for Asset Investment Planning

Friday, May 5, 2023

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Vancouver, BC, May 5, 2023--(T-Net)--Copperleaf Technologies Inc. (TSX: CPLF) announced today the selection of its decision analytics solution by Teréga, a gas transmission and storage company based in the South-West of France.

Teréga is at the forefront of the energy transition, lighting the path to carbon neutrality through the development of innovative solutions and a commitment to establishing and meeting Environmental, Social, and Governance (ESG) targets. The organization is focused on improving the reliability of its asset base to provide customers with a safe, high-performance grid, and accelerate the adoption of new technologies and energy sources.

Copperleaf Portfolio will allow Teréga to optimize asset investment planning to ensure the organization can maximize the value of every investment. The solution's portfolio planning capabilities will enhance the efficiency of Teréga's decision-making process and provide a clear line of sight between strategic goals and operational decisions, helping to facilitate communication between stakeholders and simplify the approval process with the CRE, the French Energy Regulatory Commission. These benefits will empower the organization to realize the greatest value from its €173M investment portfolio, achieve its ambitious climate goals, and face the energy transition with confidence.

"We are looking forward to working with Copperleaf on this exciting implementation project and joining the Copperleaf community," said Fabien Fortoul, Asset Strategy Lead at Teréga. "We are convinced that the Copperleaf solution will help us improve our asset investment planning capabilities and accelerate our journey towards asset management best practices, to make and deliver the highest value decisions from our asset base."

"Teréga is paving the way forward for energy companies as it transforms its operations and invests in new, climate-friendly technologies," said Jean-Martin Botto, Regional Sales Manager for France at Copperleaf. "We are proud to welcome Teréga to the growing Copperleaf Community and support the company on its journey to carbon neutrality."

Stefan Sadnicki, Managing Director, EMEA, Copperleaf

Stefan Sadnicki, Managing Director of Copperleaf in EMEA, added, "Copperleaf Portfolio will help Teréga develop optimal asset investment plans as it expands and adapts to the demands of the energy transition. We look forward to helping the organization achieve its goals and implement asset management best practices."

About Teréga

Established in South-West France, at the crossroads between major European gas flows, Teréga has exercised exceptional expertise for over 75 years in the development of gas transport and storage infrastructures. Today, it continues to develop innovative solutions to overcome the major energy challenges facing France and Europe. A true accelerator of the energy transition, Teréga operates over 5,000 km of pipelines and 2 underground storage reservoirs representing 16% of the French gas transport network and 25% of national storage capacity. The company had a turnover of €488 million in 2021 and has approximately 650 employees.

About Copperleaf

Copperleaf (TSX:CPLF) provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.

Source: Copperleaf Technologies Inc. CPLF-IR

Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws in Canada. [ MORE ]

Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws in Canada.

Forward-looking information may relate to our future business, financial outlook, and anticipated events or results, and may include information regarding our financial position, business strategy, growth strategies, addressable markets, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding our expectations of future results, performance, achievements, prospects, or opportunities, or the markets in which we operate, is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "outlook", "financial outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "does not anticipate", "believes", or variations of such words and phrases, or statements that certain actions, events, or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, intentions, projections, or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding possible future events or circumstances.

Forward-looking information may include, among other things: (i) the Company's expectations regarding its financial performance, including among others, revenue, gross profit, expenses, Adjusted EBITDA; (ii) the Company's expectations regarding industry trends, addressable market growth, overall market growth rates, and growth rates and growth strategies; (iii) our business plans and strategies; (iv) the continued success of our commercial model; (v) our expectations regarding growth in our customer base, our ability to retain customers and increase margin per customer; (vi) acceleration in the growth and adoption of new technologies; (vii) relationships with our technology partners; (viii) our ability to continue to attract and retain talent; (ix) our competitive position in our industry; and (xi) and the long-term impact of COVID-19 on our business, financial position, results of operations and/or cash flows.

Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as at the date such statements are made, and are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in our Q3 2021 MD&A and under "Risk Factors" within the Company's IPO prospectus (the "Prospectus"). A copy of the Prospectus can be accessed under our profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only as at the date made.

In addition, forward-looking financial information with respect to potential outlook and future financial results contained in this press release are based on assumptions about future events including economic conditions, the assumptions noted above and proposed courses of action, based on management's reasonable assessment of the relevant information available as at the date of such forward-looking information. Readers are cautioned that any such forward-looking financial information should not be used for purposes other than for which it is disclosed.

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Company Snapshot

Copperleaf

Vancouver, BC (InfoTech)
100-499 Employees In BC (100-499 Employees Total)
Founded: 2000

Copperleaf is a global provider of decision analytics. We leverage operational and financial data to empower organizations to manage risk, improve performance, and deliver the highest value to stakeholders.

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