EPB Selects Tantalus' TRUSense Gateway(TM) Solution
Rhea-AI Summary
Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) has announced that EPB in Chattanooga, Tennessee will expand their partnership to deploy TRUSense Ethernet Gateways (TEGs) across its service territory. The initial deployment includes 20,000 TEGs over five years, starting summer 2025.
The TEGs will integrate with EPB's fiber-to-the-home network, supporting metering infrastructure with advanced power quality insights while enabling broadband services. EPB also has an option to purchase additional TEGs and will update a portion of its existing metering infrastructure to Tantalus' latest technology.
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News Market Reaction
On the day this news was published, TGMPF gained 13.43%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Project enhances EPB's automated distribution grid and broadband services to support their community
Burnaby, British Columbia--(Newsfile Corp. - July 7, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce that EPB in Chattanooga, Tennessee, a recognized leader in innovation within the utility industry, is expanding its existing partnership with Tantalus to deploy TRUSense Ethernet Gateways ("TEGs") across its service territory. Commencing during the summer of this year, EPB is planning to deploy an initial 20,000 TEGs over the next five years. Under the agreement with Tantalus, EPB has an option to purchase additional TEGs during the term of the contract and will also be updating a portion of its existing metering infrastructure to the latest generation of Tantalus' technology.
EPB served as a member of Tantalus' TRUSense Gateway advisory committee to support its ongoing commitment to leverage advanced technology for its automated distribution grid and enhance operational efficiency. Tantalus' TEGs will seamlessly integrate with EPB's existing fiber-to-the-home (FTTH) network and support EPB's metering infrastructure with advanced power quality insights while simultaneously supporting broadband services.
"Tantalus worked closely with us, listened to our needs, and developed a solution capable of supporting multiple use cases, making it an ideal choice for forward-thinking utilities," said Jim Glass, Assistant Vice President of Smart Grid Operations at EPB. "The TRUSense Ethernet Gateway equips our advanced automated grid to remain on the cutting edge and continue delivering reliable, resilient power to our community."
The EPB deployment demonstrates the scalability and effectiveness of the TRUSense Gateway in addressing the evolving needs of utilities. TRUSense Gateways, which include options for fiber, ethernet or cellular connectivity, offer utilities an accelerated path to grid modernization by providing granular access to critical data, which helps utilities improve the resiliency, efficiency and reliability of their distribution system.
"Our ongoing relationship with EPB is another example of our commitment to customer-driven product development, and we're grateful to the utility's team for their continued contributions to our customer advisory committee," said Peter Londa, President & CEO of Tantalus. "This landmark deployment underscores the ability of Tantalus to support utilities in transforming their operations through advanced technology and accelerating their grid modernization efforts."
For more information about Tantalus and the TRUSense Gateway, please visit https://tantalus.com/trusense-gateway/. For additional details about EPB, visit https://epb.com/.
About Tantalus Systems Holding Inc. (TSX: GRID) (OTCQX: TGMPF)
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. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our 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. Learn more at http://www.tantalus.com/.
Forward-Looking Statement:
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, the performance, capabilities, use cases, effectiveness and adoption of the Company's solutions, including the TRUSense Gateway, the ability of Tantalus to support utilities in transforming their operations through advanced technology and accelerating their grid modernization efforts, 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 of the plans and events described herein. A more complete discussion of the risks and uncertainties facing the Company is disclosed under the heading "Risk Factors" in the Company's Annual Information Form dated March 31, 2025 ("AIF"), as well as the Company's continuous disclosure filings with Canadian securities regulatory authorities available at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. 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.
Contact Tantalus:
Jacquie Hudson
Marketing Communications Manager
613-552-4244 | jhudson@tantalus.com
Website: www.tantalus.com
LinkedIn: LinkedIn/company/tantalus
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257835
FAQ
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