Tantalus Selected as Finalist for 2015 NC Tech Industry Driven Technology Awards

RALEIGH, N.C. (Oct. 14, 2015) – Tantalus, provider of TUNet®, an award-winning smart grid enterprise communications and applications platform, today announced it has been selected as a finalist for the NC Tech Awards Industry Driven Technology award.  The NC Tech Awards is North Carolina’s only statewide technology awards program, recognizing companies and individuals who have characterized excellence, innovation and leadership, presented by the North Carolina Technology Association (NCTA).

Tantalus is one of the fastest growing cleantech companies in the municipal and cooperative utility markets, and focuses on improving the efficiency and reliability of distribution networks for energy, water, and gas utilities through the use of thought-leading technology. The company delivers technology focused on the issues most pertinent to public power companies such as cost-effectively addressing the migration to smart power grid automation, managing increasing energy demand, and enhancing customer service through advanced data-driven analytics.

“Tantalus is honored to be recognized as a technology leader in North Carolina, one of the nation’s preeminent cleantech clusters,” stated Peter Londa, President and CEO for Tantalus. “We take significant measures to engage our utility customers to help shape the way we develop and deliver world-class smart grid solutions. Being named as one of the leading Industry Driven Technology companies validates our strategy of delivering long-term value to public power municipal and cooperative utilities through collaborative partnerships.”

“The NC Tech Awards recognize and honor the best of innovators and innovations,” said Brooks Raiford, President and CEO, NCTA. “As a finalist in this year’s awards, Tantalus has distinguished itself as one of the state’s technology leaders.”

A review committee comprised of non-profit, media, education, and technology leaders representing various regions of the state selected this year’s finalists. The awards process culminates with the NC Tech Awards Gala on November 12, 2015 at the Raleigh Convention Center where nearly 800 leaders from across the state will gather to celebrate the tech sector and honor the winners and finalists in each category.

About NCTA
The North Carolina Technology Association (NCTA) is a not-for-profit, membership-driven trade association and the primary voice of the technology industry in North Carolina. NCTA is the intersection of leadership and technology, fueling the growth of North Carolina through Executive Engagement, Public Affairs, and a Knowledge Workforce. For more information, visit our website at www.nctechnology.org.

About Tantalus
Tantalus provides a two-way, multi-purpose platform that enables access to data to power advanced Smart Grid applications for monitoring and control of electric, water and gas municipal and cooperative utilities. TUNet® – the Tantalus Utility Network – is an award winning end-to-end WAN/FAN/LAN/Grid Edge communications system that utilizes IP-based networks including Fiber, WiMAX and cellular as well as 220 & 900 MHz wireless RF.  TUNet is purpose built for the Smart Grid and unites utility applications through distributed computing capability embedded at every endpoint. The result is enhanced value across all utility departments through solutions such as automated metering, outage management, power quality monitoring, load management, and distribution automation that are both cost-effective and practical to deploy throughout urban and rural service areas. For more information, please visit www.tantalus.com.

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