GRIDPOINT

GridPoint Partners with OSIsoft to Enable Utilities to Rapidly and Cost-Effectively Implement Smart Grid Solutions

Partnership provides complete, integrated view of the distribution grid including data from operations down into high consumption residential appliances and renewable energy resources

SAN DIEGO, CA – Feb. 3, 2009 – GridPoint, Inc., a leading smart grid company whose software platform benefits electric utilities, consumers, and the environment, announced today at DistribuTECH a partnership with OSIsoft, the leader in delivering enterprise-wide visibility into operational and business information, to enable electric utilities to rapidly and cost-effectively implement smart grid solutions.

The partnership allows utilities to leverage OSIsoft’s PI System, already deployed within many investor owned utilities, to quickly adopt smart grid solutions enabled by GridPoint’s software platform, including energy efficiency, load management, renewable energy management, energy storage management, and electric vehicle management. GridPoint’s flexible and extensible software platform allows utilities to purchase and customize smart grid solutions individually, while building upon an interoperable infrastructure for the future that is independent of meter data management systems, since home-based sensors can report their results via the Internet.

“The OSIsoft PI System is an ideal complement to our technology and is widely regarded as the leading solution for data and events management across the enterprise,” said Karl Lewis, Chief Strategy Officer of GridPoint. “Together, the integration of each company’s offering allows utilities to quickly aggregate, visualize and control distributed energy resources, resulting in a quicker journey to capturing smart grid benefits.”

The OSIsoft PI System collects, manages, analyzes, and presents data from metering, substation automation, distribution automation, SCADA, and other data sources so it can be leveraged by operators, engineers, maintenance technicians, managers, directors and senior management. With the PI System, GridPoint can reach into the substation and beyond to complete their access to grid operational data. GridPoint technology already unlocks aggregated data from high-energy consumption residential appliances and devices (e.g., HVAC systems, electric water heaters, and even electric vehicles as they come to market this year), as well as consumption and production from residential solar and wind energy sources.

“This partnership will help our utility customers leverage their in-place PI infrastructure to accelerate their GridPoint smart grid projects,” said Tom Gilson, ISV Partners Manager, OSIsoft. “We are delighted to be partnering with GridPoint to provide our customers with new methodologies to efficiently balance supply and demand — a clear example of our ‘Value NOW’ strategy.”

The GridPoint Platform applies information technology to the electric grid to provide utilities with an intelligent network of distributed energy resources that controls load, stores energy, and produces power. The software platform features a single interface, located in a utility’s control room, for managing a variety of distributed energy assets, including plug-in electric vehicles, solar panels, wind turbines, advanced storage technologies, and household devices such as thermostats, electric water heaters, pool pumps, etc. During peak periods, utilities can efficiently balance supply and demand by discharging stored power from distributed generation assets or reducing customers’ non-essential loads.

GridPoint’s platform also offers homeowners benefits including real-time information and control, greater energy efficiency and savings, outage protection, online energy management and renewable energy integration.

GridPoint is working with utilities nationwide including Xcel Energy, Austin Energy and Duke Energy to modernize the electricity grid.

About OSIsoft:

OSIsoft (www.osisoft.com) delivers the PI System, the industry standard in enterprise infrastructure, for management of time series data and events. With a global base of more than 14,000 installations across manufacturing industries, energy, utilities, life sciences, data centers and process industries, OSIsoft’s PI System safeguards plant data and delivers enterprise-wide visibility into operational and business information in order to manage assets, mitigate risks, improve processes, drive innovation, make business decisions in real-time, as well as identify competitive business and market opportunities. OSIsoft, Inc. is headquartered in San Leandro, Calif., with operations worldwide and is privately held. For more information, please contact: www.osisoft.com.