GRIDPOINT

GridPoint Named to Ten to Watch List in Smart Grid Sector in New Book, The Clean Tech Revolution

Authors Pernick & Wilder of Clean Edge Highlight GridPoint as One of Ten Companies Creating an Intelligent, Distributed, Twenty-First Century Grid

WASHINGTON - June 12, 2007 - GridPoint, Inc., a leading clean tech company whose smart grid platform benefits electric utilities, consumers and the environment, announced that it has been named to the Ten to Watch list of companies in The Clean Tech Revolution (www.thecleantechrevolution.com), the new book released today by Collins, an imprint of HarperCollins Publishers.

In the book, authors Ron Pernick and Clint Wilder identify 10 companies in each of eight clean-technology industry sectors that bear watching for growth and industry influence in the near to mid-term. GridPoint has been included in the Ten to Watch list for the chapter titled “Smart Grid: Creating an Intelligent, Distributed, Twenty-First-Century Grid.”

“Our Ten to Watch lists at the end of each chapter highlight companies that are playing a significant role in the growth and innovation of the clean-tech industry,” said Pernick, co-author of The Clean Tech Revolution and co-founder of Clean Edge, one of the industry’s premier research and publishing firms. “We looked at dozens of firms in each sector in the course of researching the book,” added Wilder, co-author of The Clean Tech Revolution and contributing editor of Clean Edge. “We chose ten companies, whether public or private, that are poised to make an impact.”

GridPoint SmartGrid Platform™ aligns the interests of electric utilities, consumers and the environment through an intelligent network of distributed resources that controls load, stores energy and produces power. The platform enables utilities to efficiently balance supply and demand by discharging stored power during peak periods, reducing customers’ non-essential loads, optimizing existing base-load generation assets and relieving stress on transmission and distribution (T&D) lines.

GridPoint SmartGrid Platform provides a modular, scaleable and upgradeable architecture that enables utilities to achieve the short and long-term goals of the smart grid. Utilities can immediately deploy proven technologies, (e.g., load control devices, batteries or renewable energy systems) while creating a practical path for integrating new technologies (e.g., plug-in hybrid vehicles and fuel cells).

“GridPoint is pleased to be named as a company to watch while creating the smart grid of the twenty-first century,” said Peter L. Corsell, President and CEO. “We strongly believe that a distributed, intelligent grid will help solve energy challenges for utilities, consumers and the environment. It is great to see the clean tech sector spotlighted in this significant book.”

For consumers, GridPoint’s platform provides protection from power outages, increases energy efficiency and integrates renewable energy systems, paving the way for the commercial success of solar and wind energy sources.

About the book

In The Clean Tech Revolution: The Next Big Growth and Investment Opportunity, the authors identify the major forces that have pushed clean tech from back-to-the-earth utopian dream to its current revolution among the inner circles of corporate boardrooms, on Wall Street trading floors, and in government offices around the globe. The Clean Tech Revolution looks at developments from Shanghai, China to Hyderabad, India to Silicon Valley, highlighting breakthrough opportunities, potential roadblocks and pitfalls, and pioneering individuals, companies, and regions. The authors highlight the eight major clean-tech sectors that offer the best near- to mid-term opportunity: solar energy, wind power, biofuels and biomaterials, green buildings, personal transportation, the smart grid, mobile applications, and water filtration.

Pernick and Wilder based their book on extensive research from their work at Clean Edge and from interviews and conversations with more than a hundred clean-tech innovators. They shine the spotlight on the winners among technologies, companies, and regions that are likely to reap the greatest benefits from clean tech–and they show you why the time to act is now. List price is $26.95. More information is available at www.thecleantechrevolution.com.