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Pricelock Launches Energy-Focused Jobs and Networking Capabilities

Oct 28, 2013

REDWOOD CITY, California -- October 28, 2013 -- BusinessWire -- Pricelock, the most innovative platform for energy professionals to transact and connect, today announced that Pricelock Connect is expanding its platform to include a jobs site for its community of energy and commodity professionals.The new offering integrates jobs with the networking and marketing already utilized on a daily basis by energy professionals to buy and sell all forms of energy.

Energy is one of the few industries struggling to find job talent. Some predictions show over 1 million new jobs being created by 2020 due to 12% growth in energy demand predicted by 2040, new energy technologies, an aging job population and expected job turn-over. "In this competitive job market employers need to have a competitive advantage to identify and connect with top energy talent," said Naveen Agarwal, CEO of Pricelock. "We are able to offer what no other job site has; 100% focus on energy, an engaged user-base of energy professionals, and technology to support social media and online advertising. In addition, we offer energy job seekers a great experience and access to the most energy jobs in one place."

At its launch, Pricelock's jobs platform will include:

  • Energy focus - allowing both employers and job seekers to cut through the clutter and be more efficient

  • Over 35,000 jobs from more than 650 companies

  • Energy people are on Pricelock for day-to-day buying and selling of energy products and services

  • Proactive communication to Pricelock Connect's network of engaged energy professionals via email and website promotion

  • Top level online visibility via internet search and display advertising

  • Ability to network with other energy professionals to help with job search

Pricelock Connect is free and open to all energy and commodity professionals. To join, visit www.pricelock.com/connect.

About Pricelock

Pricelock allows energy professionals to transact energy products online, connect with other professionals based on their interest in buying and selling specific types of energy, and to recruit talent and find jobs. The platform supports transactions for all energy products and services including motor and jet fuels, physical natural gas, storage and capacity, power generation and capacity, railcar leases and coal. The largest utilities, power cooperatives, power generators, investment banks, refiners, producers, marketers, transportation, industrial and commercial firms participate on the platform. Pricelock's mission is to provide liquidity for energy products not traded on an exchange.

Pricelock is headquartered in Silicon Valley and is the recipient of several awards including Forbes list of America's Most Promising Companies, Global Energy Award of Excellence by Platts and TiE50 Top Start-Up. Pricelock's investors include Goldman Sachs, Barclays, Traveler's Insurance, RenaissanceRe and Artiman Ventures. To learn more about Pricelock please visit www.pricelock.com and www.pricelock.com/connect.