Tantalus and Irby Utilities collaborate to launch next-generation fiber optic solutions

2021-12-14 15:27:41 By : Ms. Linda Wu

As the pandemic continues to challenge the market, Argus will discuss their forecast for 2022 on Tuesday, December 14th at 2 pm Eastern Time.

Tantalus and Irby Utilities are making optimized fiber deployment an imminent reality for more and more forward-thinking public power and power cooperatives

Burnaby, British Columbia--(Newsfile Corp.-December 2, 2021)-Tantalus Systems (TSX: GRID), a leader in smart grid technology, announced the establishment of a market-leading company with Irby Utilities, a subsidiary of Sonepar USA Partnership, the latter provides a full range of fiber optic networks through its technology and communications business group solutions. By leveraging Irby Utilities' national reseller capabilities, the partnership provides cutting-edge fiber optic network distributed energy command and control for forward-looking utilities through TRUSense™ fiber optic gateway (TRUSense).

TRUSense will be fully available in 2022. It creates a secure utility-level communication path that supports various IP standards to monitor, control, and analyze the equipment behind the meter, including solar panel inverters and electric vehicle charging stations. The demands on utilities and service providers are getting higher and higher. TRUSense also enhances grid resilience by providing advanced sub-cycle consumption and power quality measurements that support highly granular interval data, real-time phase identification, and voltage waveform snapshots around detected events. In short, TRUSense enables applications to add tangible value to utility companies that deploy broadband services to communities that previously lacked fair access.

TRUSense is integrated with advanced AMI applications and data analysis available on the Tantalus Utility Network (TUNet®) smart grid solution. It can also operate as a stand-alone device, independent of the metering system, and can be deployed as a supplement to existing AMR/AMI systems based on radio frequency or power line communications, facilitating the future migration of utility companies that want to lead the trend.

"By working with Tantalus, Irby Utilities is able to provide differentiated solutions for our utility customers," said Geff Smith, Irby Utilities' vice president of technology and communications. "Through cooperation, we will provide a solution that will derive huge benefits from utility companies’ optical fiber investments. Utility companies will be able to achieve situational awareness today by accessing data from the edge of the grid — no matter what AMI system they have deployed — -At the same time prepare to meet future operational and environmental challenges."

"Our next-generation TRUSense fiber optic gateway once again demonstrates Tantalus' thought leadership in transforming the distribution network into an integrated digital network," said Peter Londa, President and CEO of Tantalus. "We are witnessing a paradigm shift in the entire utility industry. With the support of billions of dollars in federal investment, utilities are building more resilient power grids that can withstand extreme weather and adapt to the emergence of distributed resources, while improving efficiency. Tantalus is honored to work with Irby Utilities, which has a long track record of success and expertise in the utility industry and fiber optic networks. We look forward to working with their team to increase the utility value generated by fiber optic investments and accelerate the adoption of our One-generation solution."

About Tantalus Systems (TSX: GRID)

Tantalus is a smart grid technology company that transforms an aging unidirectional grid into a future-oriented multi-directional grid to improve the efficiency, reliability and sustainability of public power and power cooperative utilities and the communities they serve. Our solutions are specially designed to allow utility companies to quickly restore power after major outages, adapt to rapidly changing consumer expectations and demographic changes, adopt innovative new solutions based on distributed energy, and follow their own pace Develop its grid infrastructure without unnecessary cost or complexity. All of these provide our user community with the flexibility needed to plan for future needs while deriving maximum value from existing infrastructure investments. Learn more on www.tantalus.com.

Irby was founded in 1926 and is headquartered in Jackson, Mississippi. The company has developed into two different businesses, of which Irby Utilities is the industry leader with 57 locations supporting events in 47 states. The employees of Irby Utilities provide customers with innovative products and services through a diverse portfolio of four main business channels: electricity, broadband, natural gas, and capital project services. To learn more, visit www.irbyutilities.com.

Sonepar America is an independent family-owned company with a global market leadership in the B2B distribution of electrical, industrial and safety products, services and solutions. We are a proud member of Sonepar Group, the world's largest private electrical distributor. Sonepar entered the United States in 1998 and has continued to grow due to strategic acquisitions and organic growth. Today, Sonepar is represented by 14 locally managed operating companies and has more than 700 branches across the country. For more information, please visit soneparusa.com.

This press release includes forward-looking information, statements, beliefs, and opinions that reflect current estimates, expectations, and forecasts of future events, including but not limited to the adoption, function, and effectiveness of TRUSense™ optical fiber gateways (TRUSense) and Tantalus’s Utility Network (TUNet®) Smart Grid Solutions, the success and effectiveness of the partnership between Tantalus and Irby Utilities, and other statements containing words such as "believe", "expect", "project", "should", etc. , "Seek", "expect", "will", "intend", "position", "risk", "plan", "may", "estimate" or in each case, their negative words and meanings are similar In terms of its nature, forward-looking information involves many risks, uncertainties and assumptions, which may cause actual results or events to be materially related to the results or events expressed or implied by the forward-looking information difference. These risks, uncertainties and assumptions may adversely affect the results and financial impact of the plans and events described herein. Readers should not place undue reliance on forward-looking information that is based on information available as of the date of this press release, and Tantalus assumes no intention or obligation to update or revise any forward-looking information contained in this press release, whether due to new Information, future events or other reasons, unless required by applicable law. The entire content of the forward-looking information contained in this new version is expressly restricted by this cautionary statement.

Contact Tantalus: Jacquie Hudson Marketing Communications Manager 613-552-4244 | jhudson@tantalus.com Linda Armstrong Investor Relations 647-456-9223 | larmstrong@tantalus.com

Website: www.tantalus.com LinkedIn: LinkedIn/company/tantalus Twitter: @TantalusCorp

Irby Utilities media contact Geff Smith 217-259-3157 | gsmith@irby.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106295

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