Ms. Jacquie Hudson reports

TANTALUS TO DELIVER TRUCONNECT AMI AND DISTRIBUTION GRID MODERNIZATION SOLUTIONS TO PENTEX ENERGY

PenTex Energy, a Texas-based electric co-operative, has selected Tantalus Systems Holding Inc.'s TRUConnect Advanced Metering Infrastructure (AMI), TRUSense gateways and TRUGrid reliability analytics -- delivered through the Tantalus grid modernization platform (TGMP) -- to enhance operational efficiency and member services.

PenTex Energy is refreshing its legacy AMI system to Tantalus's advanced data-centric platform. The new deployment will enable PenTex to access detailed, granular data across its network, integrate seamlessly with its existing SCADA system and pro-actively manage grid operations as Texas continues to face historic growth and reliability challenges. ERCOT, the independent system operator for most of Texas, recorded an all-time peak demand of 85,559 megawatts in August, 2024, and projects a 72-per-cent increase in peak load by 2030. Against this backdrop, PenTex is accelerating its investments in distribution grid modernization to ensure its members continue to receive safe, reliable and affordable power.

"PenTex Energy chose Tantalus as a key partner in our journey to build a modern AMI system and grid management platform," said Ryan Fuhrmann, director of finance and office operations at PenTex Energy. "What impressed us most was how quickly and easily we could access data to diagnose issues and improve member service. With just a few clicks, our teams will be able to identify problems, streamline manual processes and strengthen overall system reliability."

Through the deployment, PenTex will leverage the TRUSense cellular gateway, which delivers essential power quality data and enhances situational awareness. This functionality will be coupled with TRUGrid reliability analytics, which transforms raw data into actionable insights to pinpoint the root causes of outages and strengthen restoration strategies. Together, these capabilities will allow PenTex to remotely monitor and control devices across its network, shifting from a reactive to a pro-active operational model. The result will be a more resilient grid, better equipped to withstand increasing load demands and extreme weather risks, such as high winds and winter storms.

"PenTex has a clear and compelling vision for distribution grid modernization, and we look forward to partnering alongside their team," said Peter Londa, president and chief executive officer of Tantalus. "The ability to integrate our platform into existing operational systems will enable PenTex to achieve outcomes as the system is being deployed. Their selection of our platform is yet another indicator of the strength of our data-centric approach to Unified Intelligence, and an ideal way for utilities to achieve more robust functionality, market-leading analytics and interoperability with existing systems."

About Tantalus Systems Holding Inc.

Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. The company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Its solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. All its technology is grounded in a data-centric approach that is designed to help utilities find the most cost-effective path to grid modernization with the least risk. Ultimately, the company delivers Unified Intelligence to utilities of all kinds, so they can leverage data and insights across their entire grid, no matter what devices, systems or vendors they choose to work with.

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