City of High Point Selects Tantalus to Digitize the City’s Electric and Water Distribution System

Tantalus

BURNABY, BC – February 8, 2022 – Tantalus Systems (TSX: GRID) (“Tantalus” or the “Company”), a smart grid technology company focused on helping build sustainable utilities, is pleased to announce that the City of High Point, North Carolina (the “City” or “High Point”), has selected Tantalus to provide a purpose-built smart grid solution to digitize the City’s electric and water distribution system consisting of 80,000 combined meters. The City’s decision to upgrade the distribution grid is tied to enhancing system resiliency while laying the foundation to provide enhanced applications and services to its residents.

The utility will deploy the Tantalus Utility Network (TUNet®) over the next two years and will incorporate Tantalus’ TRUScan™ communications technology. TRUScan uniquely enables utilities to access and analyze data from a diverse set of endpoints that rely on different protocols across one smart grid network.

The City operates a large multi-commodity public power utility in the center of North Carolina’s Piedmont Triad Region. By digitizing the distribution grid, the City will enhance its reliability and efficiency by automating the management of its electric and water meters, identifying water leaks and proactively addressing power quality and outage issues while simultaneously preparing for future adoption of electric vehicles and distributed energy resources.

“After an extensive competitive evaluation, Tantalus’ commitment and focus on public power really stood out,” said Eric Olmedo, Assistant City Manager, City of High Point. “Tantalus’ unique ability to incorporate the City’s prior investments in Itron’s encoder receiver transmitter (ERT®) technology will save our residents millions of dollars while laying the foundation for advanced applications.”

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