SmartSynch to Provide Smart Metering, Energy Management, Demand Response and Carbon Monitoring Solutions to SmartGridCity(TM) Commercial and Industrial Customers
JACKSON, Miss., November 18, 2008 – SmartSynch, Inc., a global leader in public wireless smart metering technology, has been selected by Xcel Energy to provide smart metering, energy management, demand response and carbon monitoring solutions to commercial and industrial (C&I) customers in the utility's SmartGridCity(TM) initiative. SmartGridCity(TM) enables two-way communication between customers and Xcel Energy, and features a portfolio of smart grid technologies designed to provide a host of environmental, financial and operational benefits.
The SmartSynch solution will be deployed on the University of Colorado campus in Boulder, and on municipal buildings and select commercial and industrial buildings throughout the city. The C&I solutions, provided by SmartSynch via the AT&T Wireless network, will enable Xcel Energy to partner with its commercial and industrial customers in new ways by:
SmartSynch and Xcel Energy
"SmartSynch is a leading provider of commercial and industrial smart meters, and we are pleased to have them working with us on this ambitious effort,” said Michael Carlson, CIO of Xcel Energy. "Through their participation, we can now extend the full benefits of SmartGridCity(TM) beyond residential parameters, and give our larger customers the opportunity to manage their energy consumption, reduce CO2 emissions and take advantage of pricing benefits.”
"Xcel Energy has displayed visionary leadership through the development of this landmark initiative,” said Stephen Johnston, chief executive officer of SmartSynch. "We are pleased to join the SmartGridCity(TM) team, and are eager to begin leveraging our expertise on behalf of this major step forward toward a fully interconnected power distribution network.”
SmartSynch will join Xcel Energy's Smart Grid Consortium, which brings together leading technologists, engineering firms, business leaders and IT experts to provide guidance as well as the products and services needed to bring Xcel Energy's smart grid vision to life. Existing consortium members include Accenture, Current Group, GridPoint, OSISoft, Schweitzer Engineering Laboratories and Ventyx®.
To learn more about Xcel Energy's SmartGridCity(TM), visit www.xcelenergy.com/smartgrid, which provides educational materials and graphics illustrating Xcel Energy's Smart Grid vision.
About SmartSynch
Headquartered in Jackson, Miss., SmartSynch has been developing successful Smart Grid Intelligence solutions for the utility industry since 2000. The company's clean-tech innovations in the two-way delivery of real-time energy usage data over public wireless networks, in lieu of private network build-outs, have to-date simplified SmartMeter deployments for 75+ major North American utilities, while enabling green-energy initiatives and delivering significantly higher Returns on Resources. Unlike proprietary, closed-architecture solutions, SmartSynch's SmartMeters represent future-proof investments in technology. The standards-based IP connectivity enabled in every SmartMeter deployed makes them adaptable and remotely upgradeable to support today's sensor and communications needs, as well as tomorrow's opportunities. For more information, contact SmartSynch Media Relations at 601-209-1315, or visit www.smartsynch.com.
About Xcel Energy
Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company with regulated operations in eight Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.3 million electricity customers and 1.8 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com.
JACKSON, Miss., November 6, 2008 – SmartSynch Inc., an innovative provider of smart grid intelligence solutions for the utility industry, today announced it has completed the acquisition of Applied Mesh Technologies (AppMesh) of Macon, Georgia. Specific terms of the transaction were not disclosed.
AppMesh provides leading-edge communications solutions to utilities and their commercial and industrial customers seeking to remotely monitor and control their energy usage to save money and increase operational efficiencies. The company's proven suite of smart grid-oriented products will enable SmartSynch to extend service to customers on multiple levels, including distribution automation, SCADA, generator/load control, electric distribution monitoring, steam monitoring and PHEV monitoring. Specific products range from a low-cost 'wireless pipe' interface enabling utilities to transmit and receive data using any protocol or messaging scheme to a 'smart car charger' to be used with electric vehicles, allowing them to only re-charge during times when electricity costs are low.
"AppMesh is one of the fastest-rising and most innovative companies in our market, and they have an experienced leadership team and strong track record with a number of leading North American utilities,” said Stephen Johnston, SmartSynch's chief executive officer. "We look forward to integrating our open technology platforms and providing an enhanced suite of smart grid products and services to our customers.”
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SmartSynch Acquires Applied Mesh Technologies
AppMesh's technology platform is complimentary to SmartSynch's as the companies share similar core competencies, understanding and broad architecture. SmartSynch, founded in 2000, pioneered the use of existing public wireless networks to enable utilities to track their customers' energy usage data, and avoid investing capital to build private communications networks. This made it financially feasible for many utilities to help their customers better manage their energy consumption, and reduce CO2 emissions.
"We are delighted to be joining the SmartSynch family, particularly during a time of such unprecedented excitement and opportunity for our industry,” said AppMesh co-founder Mark Leach. "Our combined strengths, coupled with our utility industry backgrounds and visionary mindsets, will further entrench us as a lead player in the development of a fully automated, 21st century smart grid.”
For more information, visit www.smartsynch.com.
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About SmartSynch
Headquartered in Jackson, Miss., SmartSynch has been developing successful Smart Grid Intelligence solutions for the utility industry since 2000. The company's clean-tech innovations in the two-way delivery of real-time energy usage data over public wireless networks, in lieu of private network build-outs, have to-date simplified SmartMeter deployments for 75+ major North American utilities, while enabling green-energy initiatives and delivering significantly higher Returns on Resources.
Unlike proprietary, closed-architecture solutions, SmartSynch's SmartMeters represent future-proof investments in technology. The standards-based IP connectivity enabled in every SmartMeter deployed makes them adaptable and remotely upgradeable to support today's sensor and communications needs, as well as tomorrow's opportunities. For more information, contact SmartSynch Media Relations at 601-362-1780, or visit www.smartsynch.com.
The Australian government recently announced a decision to roll out smart metering infrastructure in certain ....