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Nexgrid First To Achieve FIPS 140-2 Security Certification For Smart Grid Communication Gateway

Nexgrid receives the highest security certification available for their ecoNet smart grid gateway.

1/10/2012 - Nexgrid, the leading provider of standards-based smart grid solutions, today announced that their ecoNet smart grid gateway has been the first smart grid gateway to achieve certification of the FIPS 140-2 Security standard by the National Institute of Standards and Technology (NIST).

The FIPS 140-2 certification is the highest Security certification standard available today. During the certification process the ecoNet gateway underwent a comprehensive security analysis, vulnerability and penetration testing. In addition to evaluating the ecoNets internal and external hardware, its source code was also scrutinized by security experts to ensure strong security defenses and adherence to advanced cryptographic standards. The Department of Defense (DoD) and Utilities can now deploy Nexgrid's Smart Grid Solution with the utmost confidence of secure data transmission.

Costa Apostolakis, CEO and founder of Nexgrid said, "achieving this certification is a testament to Nexgrid's commitment to ensure the highest levels of security for our smart grid and advanced metering products. This was no easy task and I am very proud of our team for accomplishing such a great achievement .”

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.

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