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Non-Public Companies : Energy, Environment & Natural Resources


Sustainable Spaces Appoints Pratap Mukherjee as New CEO

Apr 9, 2008 - 2:36:01 PM

News Source MARKET WIRE

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SAN FRANCISCO, CA -- (MARKET WIRE) -- 04/09/08 -- Sustainable Spaces, a leading specialistin the growing field of home performance contracting and systemsengineering, today announced it has named veteran entrepreneur PratapMukherjee as its new CEO. Mukherjee brings more than 10 years ofoperational experience with high growth companies to the position. Hesucceeds current CEO and founder Matt Golden, who will take on the role ofChief Building Scientist and President, focusing on long term strategy, thedevelopment of core technologies and business systems, and theimplementation of clean-technologies.

"Residential buildings account for more than 20% of all carbon emissionsnationwide, and home performance evaluation and remediation is a criticaltool in reducing that footprint," said Pratap Mukherjee. "SustainableSpaces has set the standard in helping homeowners navigate the increasinglycomplicated green building movement to create real solutions that reduceenergy use and carbon footprint, while improving the air you breathe andthe comfort of your home."

Mukherjee's appointment comes on the heels of strong momentum across anumber of fronts. In 2007, Sustainable Spaces audited more than 800 homes,and provided whole-house performance upgrades to 250 satisfied bay areaclients. The company was also recently featured in the REGREEN bestpractices guidelines manual for green remodeling. REGREEN is a partnershipbetween the American Society of Interior Designers' Foundation (ASID) andthe U.S. Green Building Council (USGBC). The manual highlights thecompany's approach to home remediation by including an in-depth homeperformance case study as an example of a green best practice.

"Last year was Sustainable Spaces' strongest year, doubling our 2006revenues. Pratap's track record of successfully leading growth companiesis a perfect fit for Sustainable Spaces' needs at this stage," said founderMatt Golden. "Pratap's experience will be instrumental in providingSustainable Spaces with the strategic and tactical insight to acceleratethe company's expansion and market leadership throughout California andbeyond."

Mukherjee is a veteran CEO of high-growth entrepreneurial companies. Mostrecently, Mukherjee was co-founder and CEO of Beacon Fire & Safety,LP, one of the nation's largest fire protection service companies. As CEO,Mukherjee raised over $15 million in new financing and grew revenues tomore than $20 million annually. He sold the company to a Fortune 500company and managed the firm through its transition. Previously, Mukherjeewas the co-founder and CEO of bestoffer.com, an online used automobilemarketplace, where he oversaw all operations and marketing programs andsuccessfully raised more than $17 million in venture funding. Prior tobestoffer.com, he was the research associate at the Center forEntrepreneurial Studies at the Stanford Graduate School of Business. Heholds an MBA, an MA in Education, an MS in Engineering-Economic Systems,and an AB in Quantitative Economics from Stanford University.

About Sustainable Spaces

Based in San Francisco and founded in 2004, Sustainable Spaces is theleading provider of home performance services, helping homeowners andhomebuilders create homes that are comfortable, healthy, and energyefficient. A licensed general and solar contractor, the companyspecializes in home testing and building performance retrofitting forexisting homes. Sustainable Spaces applies building science toquantitatively analyze a home's performance as a dynamic system, so as totailor a solution to the client's goals, budget, and priorities. For moreinformation, please visit www.sustainablespaces.com.

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Susan Coss
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