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Nexgrid Installing Smart Grid GE Electric Meters

Nexgrid has begun shipping the latest version of its intelaMeter

11/7/2011 - Nexgrid, the leading provider of standards-based smart grid solutions, today announced that it has begun shipping the latest version of its intelaMeter.

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Saint Clair Awards Contract to Nexgrid for Smart Grid Deployment

Standards-Based Smart Grid System to be Deployed in Q4 2011

9/23/2011 - Nexgrid, a leading provider of advanced metering and smart grid infrastructure based on open standards, today announced that it has entered into a contract with the Borough of St Clair, Pennsylvania to provide smart grid infrastructure for its entire customer base.

St Clair and Nexgrid will complete the rollout in 2011, and it will provide real time, two-way communication to every electric meter in St Clair. The system will utilize General Electric meters equipped with Nexgrid’s communication modules .

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Nexgrid Begins Installing Street Light Mounted Smart Grid Gateways

Innovative Design Reduces Cost and Complexity of Installation

8/22/2011 - Nexgrid, the leading provider of standards-based smart grid solutions, today announced that it has begun shipping the latest version of its flagship product, the ecoNet SL.

Like all ecoNet products, the ecoNet SL is a multi-mesh gateway that leverages Nexgrid’s patent pending dual mesh technology to provide seamless and ubiquitous wireless communication in support of AMI, HAN, Demand Response, and other Distributed Automated functions. The ecoNet SL gateways support the latest WIFI 802.11N and ZigBee wireless communication standards. The SL product changes the game by being the easiest to install gateway available on the market. It is lightweight, very durable, and plugs into the photocell available on all common street lights in North America. Additionally, the ecoNet SL manages and monitors the streetlights providing energy usage and bulb outage notification.

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Jim Devlin Joins Nexgrid Board of Directors

Electronics Industry Leader Joins Nexgrid Board

6/28/2011 - Nexgrid, the leading provider of standards-based smart grid solutions, today announced that Jim Devlin, SVP of Sales for Advanced Innovations, has joined its board of directors. Devlin brings deep experience in Automated Metering Infrastructure, Smart Grid, and electronics manufacturing to Nexgrid’s talented Board of Directors.

Mr. Devlin has worked as a senior executive for over 30 years with extensive international experience in both operational and strategic business development roles. Devlin worked for Invensys, an $11 billion automation and controls company, where he worked closely with building AMI and smart grid solutions. Among other roles while with Invensys, he served as President, Invensys Home Controls. He will assist Nexgrid in further developing and implementing its strategic and operational plans.

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McMinnville Awards Contract to Nexgrid for Smart Grid Infrastructure

Nexgrid, a leading provider of advanced metering and smart grid infrastructure based on open standards, today announced that it has entered into a contract with McMinnville Electric Systems (MES) to provide smart grid infrastructure to its commercial and

5/13/2011 - Nexgrid, a leading provider of advanced metering and smart grid infrastructure based on open standards, today announced that it has entered into a contract with McMinnville Electric Systems (MES) to provide smart grid infrastructure to its commercial and industrial customers.

MES has conducted a pilot with Nexgrid over the last six months and decided to begin rolling the solution to its entire commercial/industrial customer base beginning this summer. The rollout will provide a web-based portal to customers to better manage, monitor, and control their power usage and will provide operational improvements and improved billing capabilities for MES. The system will provide real time outage notification, reports on over/under utilization of utility assets, real time reading capabilities, and advanced analytical capabilities for energy usage.

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Matt Ernst Joins Intelagrid Board of Directors

Entrepreneur and Software Industry Leader Joins Intelagrid Board

1/4/2011 - Intelagrid, LLC, the emerging leader in standards-based smart grid solutions, today announced that Matt Ernst, founder and former CEO of Amentra, Inc., has joined its board of directors. In addition to his successful track record as an entrepreneur, Ernst brings leadership and experience with sales, marketing, HR, operations, and finance.

Mr. Ernst founded Amentra in early 2000 and served as the company’s Chief Executive Officer until shortly after its sale to Red Hat (NYSE: RHT) in March of 2008. Under his guidance and leadership Amentra became one of the fastest growing privately held companies in the country. Mr. Ernst was also named the Ernst and Young Entrepreneur of the Year in 2007. Prior to starting Amentra, Mr. Ernst held senior management positions for a major consulting company, including practice management, business analysis, HR/Recruiting, and sales management. Mr. Ernst spearheaded one of their fastest growing and most profitable project solutions groups, resulting in a multimillion dollar organization.

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Intelagrid Partners with Industry Leader in Advanced Metering

Partners with with UtiliCor of Jackson, TN

11/12/2010 - Intelagrid, LLC, the emerging leader in standards-based smart grid solutions, today announced that it has entered a strategic partnership with UtiliCor of Jackson, TN to collaborate on sales and deployment of advanced AMI solutions built around Intelagrid's innovative Smart Grid infrastructure. As part of the agreement UtiliCor will become an authorized reseller of Intelagrid equipment, software, and services.

"We believe that as we grow our business, finding the right channel partners will be a key success factor. As customers learn about our product offerings and the many advantages our solution offers they quickly become buyers, and UtiliCor has the right blend of metering expertise, territory coverage, and boots on the ground to help us broaden that audience in as fast and effective a manner as possible", said John Espey, COO of Intelagrid. Espey added "we have been partnering with UtiliCor on several initiatives over the past six months and I look forward to our enhanced collaboration now that we have formalized the relationship."

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Tom Chewning Joins Intelagrid Board of Directors

Energy Industry Veteran Latest Addition to nexgrid Board of Directors

11/11/2010 - Intelagrid, LLC, the emerging leader in standards-based smart grid solutions, today announced that Tom Chewning, former executive vice president and CFO of Dominion Resources, has joined its board of directors. Chewning brings over 20 years of energy industry experience and actively advises Intelagrid on its various strategies and operations.

Mr. Chewning joined Dominion Resources in 1987 and served in a variety of positions throughout his career. For 10 years prior to Dominion, Chewning served as the CEO of Van Lines Inc., a Seattle-based transportation company. Mr. Chewning chairs numerous foundations and councils in addition to sitting on several foundation boards and the state treasury of Virginia. Chewning was awarded the CFO of the Year for the Utility Industry for 2005 by Institutional Investor Magazine.

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Nexgrid joins ZigBee Alliance

Nexgrid, LLC today announced that it has joined the ZigBee Alliance.

11/3/2010 - Intelagrid, LLC, the emerging leader in broadband standards-based smart grid and smart home products, today announced that it has joined the ZigBee® Alliance. The ZigBee Alliance is an association of companies working together to enable reliable, cost-effective, low-power, wirelessly networked, monitoring and control products based on an open global standard. The ZigBee Alliance standardized its ZigBee specification on top of the Physical (PHY) and Medium Access Control (MAC) layers of the IEEE 802.15.4 global standard; adding the application profile layers, security and network layers to create ZigBee.

In 2009, ZigBee Smart Energy™ was included by the U.S. Department of Energy and the National Institute of Standards and Technology (NIST) in the initial list of standards for the Smart Grid roadmap. The ZigBee Alliance recently announced its plans for ZigBee Smart Energy 2.0, which will provide an IP-based energy management solution and will allow for improved inter-operability on ZigBee networks.

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Marblehead Selects nexgrid to provide Smart Grid Infrastructure

Nexgrid has been selected by Marblehead Municipal Light Department (MMLD) to provide advanced networking products and services for its over 9,300 electric meters.

10/14/2010 - Intelagrid, LLC, a leading provider of advanced metering and smart grid infrastructure based on open standards, announced today that it has been selected by Marblehead Municipal Light Department (MMLD) to provide advanced networking products and services for its over 9,300 electric meters.

Marblehead will begin installing equipment by March, and it will take approximately 18 months to complete. The meter-replacement program is part of a national DOE program to manage electricity usage. As part of the program, the Light Department will run a pilot program to test dynamic pricing at the residential level. With smart meters, individual consumers can monitor their usage on a web site or on their smart phone.

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Nexgrid Participates in Energy Conference in Charlotte, NC

Nexgrid today participated in a panel discussing energy careers in the greater Charlotte region.

8/3/2010 - Intelagrid, LLC, the emerging leader in broadband standards-based smart grid and smart home products, today participated in a panel discussing energy careers in the greater Charlotte region. The event was hosted at the Harris Campus of CPCC as part of the Charlotte Regional Partnership's Charlotte, Energy Capital USA effort and brought together representatives from local energy businesses, colleges, and employment associations and was titled "Energy Careers for a Bright Future". Attendees learned about the career opportunities in the energy industry from both established energy companies and up-and-coming non-traditional energy companies.

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Hiter Harris Joins nexgrid Board of Directors .

Nexgrid today announced that Hiter Harris, co-founder of Harris Williams & Co., has joined its board of directors.

7/25/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that Hiter Harris, co-founder of Harris Williams & Co., has joined its board of directors. Harris brings extensive experience in finance and investment banking. Harris is a member of the investment team that made the Series A investment in Intelagrid and actively participates in advising Intelagrid on its strategic plan and execution.

Mr. Harris co-founded Harris Williams & Co. in 1991 as a national investment banking firm focused on mergers and acquisitions within the middle market. Since the firm's founding in 1991, Mr. Harris has led Harris Williams & Co. to become one of the premier middle market advisors serving clients worldwide with a staff of 180 people, six offices in the U.S., and a growing international platform based out of the U.K. Mr. Harris has over 20 years of transactional experience in mergers and acquisitions assignments. Having directed over 200 mergers and acquisitions transactions during his career, Mr. Harris has worked extensively in several industries, including energy and power, consumer products, building products, industrial manufacturing, natural resources, retailing, media, and various services businesses.

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Nexgrid Partners with Industry Leader in Manufacturing

Nexgrid announced that it has entered a strategic partnership with General Microcircuits of Mooresville, NC to mass produce its smart grid hardware

7/19/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that it has entered a strategic partnership with General Microcircuits (GMI) of Mooresville, NC.

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Nexgrid Grows Software Development Team

Nexgrid, LLC today announced the addition to its software development team of Jeffrey Poore

7/7/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced the addition to its software development team of Jeffrey Poore.

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Due to Continued Growth, nexgrid Opens Office in Charlotte, NC

Nexgrid today announced that it has opened a new regional office in Charlotte, NC.

6/11/2010 - Intelagrid, LLC, the emerging leader in broadband standards-based smart grid and smart home products, today announced that it has opened a new regional office in Charlotte, NC.

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Nexgrid Secures $1 Million in Private Equity Funding

Nexgrid, LLC, the leading provider of standards-based smart grid solutions, today announced that it has successfully completed its first round of private equity financing, raising $1 million.

6/8/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that it has successfully completed its first round of private equity financing, raising $1 million. The company will use the proceeds from this financing round to expand its software development and sales teams as well as strengthen its customer support capabilities. The funding was provided by a group of investors from Richmond, VA with strong entrepreneurial roots and well-rounded strategic capabilities including finance, operations, accounting, marketing, and legal.

"Intelagrid has created a disruptive solution that will change the way utilities and their end customers manage and monitor electricity usage. We are excited to be involved with such an innovative company and look forward to continuing to provide strategic support as well as future capital needs as the company continues to grow", said Mark Jones, CPA, Mst of Mark A. Jones & Associates, PC -a leading professional services and consulting firm based in Richmond, speaking on behalf of the investment team.

Costa Apostolakis, founder and CEO of Intelagrid added, "We are thrilled to have a team of investors that adds strategic as well as financial value. The interest shown during the process of securing funding by many different investors validates Intelagrid's technical approach, ability to execute on its operational plan, the vision for a standards-based grid, as well as the long term value that Intelagrid will create as America's utilities look to modernize their grids, reduce carbon emissions, and build a platform for the future." Apostolakis added, "The fact that we were able to secure funding in today’s challenging financial environment reflects our investors’ belief in Intelagrid and the exciting growth prospects for the Intelagrid solution."

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Nexgrid attending 2010 APPA Conference

nexgrid announced that it will be participating in the American Public Power Association (APPA) National Conference 2010 in Orlando, FL

6/1/2010 - Intelagrid, the leading provider of standards-based smart grid solutions,today announced that it will be participating in the American Public Power Association (APPA) NationalConference 2010 in Orlando, FL.

"We are proud to be exhibiting at the APPA conference and demonstrating our smart grid solutions. As anindustry leader in standards-based smart grid solutions, Intelagrid is a natural fit for this event. We have aninnovative and comprehensive approach to building future-proof smart grid solutions for our utility clients,and our participation in this conference further demonstrates our commitment to defining the state-of-the artin smart grid, AMI, and home automation", said John Espey, Chief Operating Officer at Intelagrid.

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Nexgrid appoints John Espey as Chief Operating Officer

Nexgrid announced that John Espey has joined its senior management team as Chief Operating Officer

3/29/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that John Espey has joined its senior management team as Chief Operating Officer.

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Nexgrid Opens New Office in Locust Grove, VA

Nexgrid announced that it has moved its office to the newly developed Twins Office complex to accommodate the company's continued growth.

3/15/2010 - Intelagrid, the emerging leader in broadband standards-based smart grid and smart home products, today announced that it has moved its office to the newly developed Twins Office complex to accommodate the company's continued growth.

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Concord selects nexgrid to provide Smart Grid Infrastructure

Nexgrid has been selected by Concord Municipal Light Plant (CMLP) to provide advanced networking products and services to serve its 16,000 residents in Massachusetts.

8/24/2009 - Intelagrid incorporated, a leading provider of advanced metering and smart grid infrastructure based on open standards announced today that it has been selected by Concord Municipal Light Plant.

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