Global CEO Excellence 2017

CEO MONTHLY / GLOBAL CEO EXCELLENCE AWARDS 2017 7 , technology, coupled with a unique channel management design that provides extremely efficient Local Area Networks (“LAN’s”), allows Tantalus to allocate approximately 75% of the communication network to support “Beyond AMI” applications such as streetlight control or even new Industrial IoT communication protocols, as they gain market adoption. To enable edge computing functionality, every TUNet device has been designed as a micro-computer deployed at the edge of the grid. Each device contains a Linux-based computing platform with a powerful ASIC that includes 5 coprocessors, an abundance of RAM & flash memory and a software configurable radio. TUNet devices are capable of supporting multiple protocols, processing data analytics and applications at the edge of the network and simultaneously working collectively as a community with other devices. TUNet’s design is centered on utility flexibility and choice. The combination of powerful endpoints, a flexible communication network, and remote upgrades via over- the-air programming provides utilities with more options. By leveraging over-the-air programming, Tantalus can remotely change the protocol of a communication module to support new applications. An example of this capability can be seen through Tantalus’ ability to help many utilities migrate from one-way metering technology such as Encoded Receiver Transmitters (“ERTs”) towards a future-ready smart grid platform at a fraction of the time and cost of an immediate full meter replacement. Utilities deploying TUNet today can continue to expand their smart grid strategies to incorporate additional applications such as load control, networked LED street light control, distribution automation device control, video surveillance and consumer engaging systems – all on a single communications network. The right smart grid platform can also deliver a host of benefits to consumers, including residential, commercial and industrial, through online portals and applications. Quick and easy access to granular consumption data helps consumers understand and adapt energy usage habits, save money and reduce their carbon foot print. For C&I customers, providing visibility to consumption, power quality or price signals delivers quantifiable value for businesses to make informed decisions with respect to their core operations. Utilities and cities can use their smart grid platforms to attract new industries and businesses to establish or expand operations which support job growth and economic development. “We are quickly developing into a data-driven society with ‘on-demand’ expectations. Millennials will only accelerate this shift in consumer behavior and buying patterns. Power providers are not immune to these changes in consumer expectations and must begin to proactively provide consumer portals, reliable service and pro-active customer support. As an organization, we prioritize our R&D on delivering cutting edge technology capable of supporting utilities to resolve these current and future changes and are positioning our customers to be future-ready.” LEADERSHIP Alongside the innovative nature of the firm’s solutions, Peter’s leadership is central to the firm’s continued success. Peter is a seasoned smart grid technology executive and serves as Tantalus’ President and CEO. Prior to joining Tantalus in 2014, he served as CEO of BPL Global, Ltd. (“BPLG”), a leading smart grid company focused on online transformer monitoring and direct load control for the electric utility industry with operations in the United States, Europe, Middle East, India, and China. While there, he was responsible for managing all aspects of corporate strategy, operations, engineering, business development, and finance. In 2013, Peter was instrumental in executing the sale of BPLG to a division of the Danaher Corporation (NYSE: DHR). In addition to previously serving as an independent Chairman of World Energy Solutions, Inc, (XWES), Peter held various roles in the software and investment banking industries at companies including The Chart Group, L.P., Thoughtworks, Inc., and SG Cowen. Peter received multiple degrees from Emory University in Atlanta, Georgia including a JD, MBA and B.A. Starting in 2004, Peter developed a passion to support the transformation of electric utility business processes, some of which dated back to the early 1900’s, through technology adoption. In pursuing his passion to leverage technology to improve the reliability and efficiency of power providers, Peter believes the key to success is understanding the needs of customers and building an exceptional leadership team that possesses an unwavering commitment to success. “Our team’s success is predicated on our customer’s success, so exceeding their expectations is critical, both in