GRIDPOINT

GridPoint Appoints Energy and Tech Experts as Advisors

Welcomes EEI’s Thomas Kuhn, former Pennsylvania DEP Secretary Kathleen McGinty, Brattle Group’s Peter Fox-Penner, and Tech Journalist Andy Kessler

ARLINGTON, Va. – Jan. 7, 2009 – GridPoint, Inc., an established leader in smart grid solutions, today announced the appointment of new members to its board of advisors including Edison Electric Institute (EEI) President Thomas R. Kuhn, former Secretary of the Pennsylvania Department of Environmental Protection (DEP) Kathleen McGinty, The Brattle Group Chairman Emeritus Peter Fox-Penner, and technology journalist Andy Kessler.

“We welcome the counsel of such talented experts as we continue to build GridPoint and provide smart energy solutions to our customers,” said Peter L. Corsell, CEO, GridPoint.

Mr. Kuhn is President of EEI, the association of investor-owned electric companies whose members generate and distribute approximately three-quarters of the nation's electricity. Prior to joining the Institute, he was President of the American Nuclear Energy Council. He currently serves on the boards of the United States Energy Association, the Alliance to Save Energy, the Electric Drive Transportation Association, and the American Council for Capital Formation. Mr. Kuhn was the recipient of The Energy Daily's 2000 Public Policy Leadership Award and the Alliance to Save Energy's 2004 Chairman's Award.

As Secretary of Pennsylvania’s DEP, Ms. McGinty helped lead the state's successful effort to attract clean tech and renewable energy companies. Currently she is a founding partner with Peregrine Technology Partners LLC, a firm focused on the commercialization of clean technologies, and an operating partner at private equity firm Element LLC. Additionally, Ms. McGinty serves as a director at NRG Energy, Inc., a leading wholesale power company; Energy East, a gas and electric utility in New York and New England; and Weston Solutions, Inc., an environmental remediation firm. Previously, she served as President Bill Clinton's Chair of the White House Council on Environmental Quality, as well as a legislative assistant and environmental advisor to Senator Al Gore.

Dr. Fox-Penner, an internationally recognized authority on energy and electric power industry issues, is a Principal and Chairman Emeritus of The Brattle Group, a leading international economic consulting firm, an advisor to Enviance, and board member of the Solar Foundation. Although his work has spanned the energy field, his primary current focus is on electric industry competition and structure, global climate change, and energy efficiency policies. Dr. Fox-Penner is the author of numerous publications and books including the forthcoming “Smart Power” (Island Press, 2010).

Mr. Kessler is a former ATT&T Bell Labs chip designer turned Wall Street analyst turned hedge fund manager turned author who now covers technology and markets. He writes often for the Wall Street Journal, Forbes, Wired and Technology Review and has appeared on CNBC, CNN, Fox, NPR and Dateline NBC. His books include “Wall Street Meat,” “Running Money” and “The End of Medicine.” Mr. Kessler worked on Wall Street for almost 20 years, including stints as an electronics and semiconductor analyst for Paine Webber and technology strategist for Morgan Stanley, as well as an investment banker and venture capitalist.

GridPoint is working with utilities nationwide including Kansas City Power & Light, Sacramento Municipal Utility District and Xcel Energy. The company was recently named to the Global Cleantech 100 and in 2008 was selected by the World Economic Forum as a Technology Pioneer.