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GeoPraxis Inc. Announces Corporate Name Change to Green Building Studio, Inc

GeoPraxis Inc., citing strong growth projections for 2006 and beyond, announced plans to restructure its architectural, engineering, and construction software and services business units.  Founded in 1998 by three prominent building energy efficiency experts, the privately held company has grown to become the innovation leader in the development and implementation of building energy analysis tools and web-based solutions.

Effective September 1, the firm will be renamed Green Building Studio, Inc., to take on the brand of its fast growing web service for architects and engineers.  John F. Kennedy P.E. will remain President/CTO and Patrick J. Bailey P.E. will continue as its VP of Engineering at the renamed corporation. Green Building Studio, Inc. will continue to provide top-notch engineering services to its utility and architecture clients.  Thomas P. Conlon, Energy Markets Consultant and VP of Business Development, will launch a separately organized business that will continue to serve the firm's utility and real estate clients under the names GeoPraxis(R) and EnergyCheckup(TM), a Service of GeoPraxis.

"With our Green Building Studio(TM) web service becoming so well known in the architecture, engineering, and construction markets all around the world, it's time that we acknowledge our green building information technology leadership in these markets with a re-branding," said Kennedy.  "Our growing energy and resource efficiency engineering services unit will continue to expand its services to serve the growing energy and resource efficiency demands of our world," added Bailey.

"We founded GeoPraxis to create radically new information technologies and market-focused programs that help our utility, government, and private sector clients achieve breakthrough energy savings in buildings," said Conlon.  "This restructuring will refocus the well known GeoPraxis brand on its original mission, inventing the next generation of efficiency programs and emerging
technologies.  EnergyCheckup, our web tool that enables home inspectors to do energy audits, will be our next major success."

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