First Minister of Scotland Opens Smarter Grid Solutions’ New York Office

April 7, 2014

NEW YORK, April 7, 2014 /PRNewswire/ –

Leading smart grid technology company opens in North America.

Signs global agreements with Silver Spring Networks and HEVO Power.

Smarter Grid Solutions, a leading smart grid technology company, has opened its first
U.S. office. At an event attended by the Rt Hon Alex Salmond MSP, First Minister of
Scotland, the company signed global agreements with smart grid companies Silver Spring
Networks and HEVO Power
[http://www.smartergridsolutions.com/insights/news/press-releases/collaboration-with-hevo-power-on-smart-grid-tech-for-evs ]
that will support future growth.

http://photos.prnewswire.com/prnh/20140406/679585 )

Headquartered in Glasgow, UK, Smarter Grid Solutions is at the forefront of smart grid
technology. The company creates products that enable power companies and utilities to
increase their existing grid capacity in order to connect more renewable energy and
respond to the global rise in demand for electricity. The company is Europe’s leading
vendor of Distributed Energy Resource (DER) integration solutions and has already won a
[http://www.smartergridsolutions.com/insights/news/press-releases/smarter-grid-solutions-wins-con-edison-nyserda-contract ]
with Con Edison to model and simulate microgrid
applications for the New York metro area. In the UK, it works with five of the country’s
six electricity distribution network operators.

Speaking at the opening, Mr Salmond, First Minister of Scotland, said:

“Smarter Grid Solutions is an excellent example of how a Scottish company can take
pioneering research and create a successful, growing business overseas. The company is
working to prepare the power grid for important changes, like the growth in electric
vehicles and new ways to store greener energy.

“It’s fantastic to see Scottish companies take their knowledge and expertise around
the globe. Today I witnessed Smarter Grid Solutions signing new deals and developing
relationships with new customers. I wish them the best of luck as they continue to grow
and expand.”

Dr Bob Currie, Smarter Grid Solutions’ CTO and Co-Founder, said:

“In the short time we have been operating in New York, we have identified significant
opportunities to accelerate our growth and have already started work with a number of
prominent organisations in the smart grid sector. Our technology and solutions are being
well received and leading to important new business relationships, some of which we are
announcing today.”

The new office is situated within New York City’s Urban Future Lab, the city’s
premiere clean and resilient technology incubator. It is the product of a partnership
between NYU Polytechnic School of Engineering and The City and State of New York. Smarter
Grid Solutions is the Lab’s first international tenant.

The First Minister is in New York to take part in the annual Scotland Week programme.



About Smarter Grid Solutions

Smarter Grid Solutions creates and delivers technologies that help electricity
distribution companies and utilities to integrate Distributed Energy Resources (DER). The
company specialises in Active Network Management, which uses software, automation and
control to monitor the electricity grid in real time. This allows power companies to
improve the operation of their electricity grid and manage their connected customers,
without compromising safety and security. http://www.smartergridsolutions.com

        David Millar (PR): +44 141-568-4319/+1-718-260-3603



SOURCE Smarter Grid Solutions

Source: PR Newswire

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