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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. John has served in executive positions in leading technology solution companies for over 15 years, most recently as the COO of Amentra, a leading Systems Integrator and subsidiary of Red Hat, Inc.

"John brings a unique blend of operational expertise, leadership, financial discipline, and experience building scalable enterprise processes and offerings that is a perfect fit for our strategic vision" said Costa Apostolakis, CEO of Intelagrid. "John's addition reiterates our commitment to our customers to build the most innovative and customer-focused smart grid company in the world."

Mr. Espey will be responsible for improving Intelagrid's operational processes, expanding its sales and consulting teams, and improving its internal systems to improve efficiency as its business continues its explosive growth.

"Intelagrid has continued to impress analysts, vendors, and customers alike with its innovative solutions. I am excited to join such a talented management team and work with them to re-define--and in many ways define--the way utility companies optimize their grids utilizing software and hardwarebased solutions" said Espey.

About Nexgrid


Nexgrid, LLC is a US based company that provides an end-to-end solution for wireless smart grid and advanced metering.  Nexgrid's products provide utility companies and consumers the ability to manage and monitor their smart grid and smart home networks.  Nexgrid's solutions  utilize high speed, 100% standards-based communications providing real-time data that enables energy management and utility operations.  In addition to advanced metering of electric, water and gas, Nexgrid manufactures load control devices, capacitor bank controllers, thermostats and street light control hardware.  Lastly, their ecoOne enterprise software provides meter data, network, load control, street light, outage and customer portal management all in one easy to use platform.

For more information, visit: www.nexgrid.net.

Media Contact
Erin Turner
erin.turner@nexgrid.net
888-556-0911 ext 1001