Tendril and Landis+Gyr Announce Partnership to Enhance Home Area Network Options

BOULDER, Colo. & ATLANTA – March 22, 2010 – (BUSINESS WIRE) – Tendril and Landis+Gyr have announced a licensing agreement that allows joint marketing of Tendril’s portfolio of residential energy management products to utilities using Landis+Gyr’s advanced metering systems.

Tendril’s hardware and software solutions for residential energy management are already in use by multiple Landis+Gyr advanced metering customers. This agreement will promote further development of smart grid solutions, such as in-home energy monitors, thermostats and software – specifically for Landis+Gyr utility customers. This agreement is designed to deepen the integration between the complimentary solutions, and provide a broadened AMI system offering for efficient energy management and Demand Response.

“Tendril and Landis+Gyr have a long history of cooperation and this agreement helps both companies enhance product development for the rapidly emerging personal energy management market,” said Michelle Mindala-Freeman, Vice President of Marketing and Product Management at Landis+Gyr. “Our Gridstream smart grid solutions provide support for devices using the Smart Energy Profile for home area network communication, and we strongly support standards that provide utilities and consumers with a choice of products for Demand Response and energy management.”

“The smart grid is moving toward open standards and the Smart Energy Profile is emerging as the industry standard because it offers utilities the greatest opportunities for future scalability and flexibility in customers’ homes,” said Tendril CEO Adrian Tuck. “This agreement provides Tendril a tremendous opportunity to scale quickly. Landis+Gyr shipped more than 4 million meters in the US during 2009, and has a significant worldwide footprint for solutions that span both the Automated Meter Reading (AMR) and Advanced Metering infrastructure (AMI) technology realms – all of which we hope to be able to leverage.”

About Tendril

Tendril is a leading energy management technology provider that brings unprecedented insight and control to the Smart Grid. The Tendril platform provides an open, secure and scalable end-to-end solution that creates a dynamic dialogue between energy providers and their customers. The platform includes both utility and in-home products and applications, and integrates seamlessly with existing back office applications and network infrastructure. Tendril is venture backed by VantagePoint Venture Partners, Good Energies, RRE Ventures, Vista Ventures, GE and Appian Ventures. For more information, visit www.tendrilinc.com.

About Landis+Gyr

Landis+Gyr is the leading provider of integrated energy management solutions tailored to energy company needs. With a global presence and a reputation for quality and innovation, Landis+Gyr is unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.25 billion, Landis+Gyr operates in 30 countries across five continents, and employs over 5,000 people with the sole mission of helping the world manage energy better. More information at: www.landisgyr.com.

Media Contacts:

Sarah Blanchard
Parsons Public Relations

Patricia Wheatley

Dan Jacobson