Tantalus Announces Coldwater Board of Public Utilities as 2021 Community Strong Award Recipient

Four Additional Utilities Recognized at Tantalus Users Conference 2021

BURNABY, BC – December 21, 2021 – Smart grid technology leader Tantalus Systems (TSX: GRID) announced Coldwater Board of Public Utilities (CBPU) as the winner of the Community Strong Award for 2021 for their “GIG CITY Michigan” project. The award, which was presented during Tantalus’ annual users conference, recognizes a member of the Tantalus user community that supports programs that make its community a better place to live for its customers.

Gig CityCBPU became one of the first municipal-owned and operated utilities to engineer and construct its own hybrid fiber coaxial cable communications network in 1997. In 2020, construction began on an upgrade of that network through an active ethernet fiber-to-the-premise project. To date, six nodes are online and 250+ locations have been connected. There are two public WIFI access spots with near gig speeds and five community webcams that improve the quality of life for citizens and CBPU’s customers. The fiber-to-the-premise project also improves internal technologies and reliability for CBPU and the city.“Tantalus takes great pride in working alongside public power and electric cooperative utilities to not only improve the efficiency and reliability of their distribution grids, but also transform their communities,” said Peter Londa, President & CEO of Tantalus. “It’s a privilege to recognize members of our user community that are going above and beyond their day-to-day responsibilities in helping their communities and we salute their continued efforts.”

Four additional utilities were recognized for their Community Strong submissions. Tantalus congratulates these utilities for their achievements and efforts to inspire others:

Appalachian Electric Cooperative – Project “Let’s CHAT” documents the history of landmarks, culture and unique stories of residents of East Tennessee.

La Plata Electric Association – The Power of Giving program invites members of La Plata Electric Association (LPEA) to purchase a “gift” of electricity from a power giving tree. Powering it forward.

Springfield City Water, Light & Power (CWLP) – Helping Homes provides qualifying low-income electric customers the opportunity to reduce energy costs through installing energy-saving retrofits to their homes at no cost to the customer. Also recognized was CWLP’s utility relief program supporting small businesses and low-income customers experiencing financial hardship due to COVID-19.

Whitewater Valley Rural Electric Membership Corporation – Shedding Light on Hunger program – members donate canned food items in exchange for LED lightbulbs. The cans are then donated to local foodbanks.

Tantalus’ 2021 annual users conference brought together over 400 industry experts, utility thought-leaders and participants from the public power and electric cooperative utility landscape for three days of collaboration, training and networking in an effort to maximize smart grid investments being made by utilities.

Learn more about the Community Strong recipients and submissions that showcase how Tantalus’ customers are supporting programs that improve and enhance their communities.

About Tantalus Systems (TSX: GRID)
Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of public power and electric cooperative utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives our user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements.

Forward-Looking Information:
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, and other statements that contain words such as “believe,” “expect,” “project,” “should,” “seek,” “anticipate,” “will,” “intend,” “positioned,” “risk,” “plan,” “may,” “estimate” or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this news release is expressly qualified in its entirety by this cautionary statement.

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