July 31, 008 - Bank of America isn't just investing in tech services firm Field Diagnostic Services, Inc. (FDSI) - it's putting the company's energy-management software to the test at bank locations throughout the U.S.

BofA is currently installing FDSI's software platform in 3,300 banking centers nationwide. The banking giant expects the new system will save up to 50% in costs and an estimated 14,000 tons of greenhouse gas emissions annually compared with using standard building-control technologies.

"There are nine million commercial heating and cooling units in the U.S. that can benefit from our technology, enabling businesses to save money and meet their sustainability goals," says FDSI president Todd Rossi. "Aided by the support from Bank of America, we can bring our clean technology solutions to the broader marketplace."

The investment is part of Bank of America's $20 billion, ten-year environmental commitment to promote sustainability both in its own operations and in the companies it helps to finance.