Mr. Peter Londa reports

TANTALUS SYSTEMS AND CALIX TO LEVERAGE FIBER NETWORKS FOR AMI DEPLOYMENTS

Tantalus Systems Holding Inc. is working with Calix Inc. to jointly bring fibre-enabled applications to electric co-operative and municipal utilities. Calix, an AI (artificial intelligence) platform company, enables service providers to transform their operations and accelerate delivery of differentiated experiences, so they can compete and win in the markets and communities they serve. As part of Calix's partner program, Tantalus expects to expand its sales channel and addressable market, especially within the electric co-operative segment, a core growth market for the company.

This initiative represents a significant growth opportunity for both Tantalus and Calix as more than 200 electric co-operatives across North America are currently in the process of deploying fibre networks. Tantalus's TruSense Fiber Gateway and TruConnect AMI (advanced metering infrastructure) platform, which are both part of the Tantalus grid modernization platform (TGMP), will be paired with Calix optical network terminal (ONT) technology and the AI-native Calix One platform, enabling utilities with fibre investments to deploy next-generation AMI, enhanced broadband and accelerated grid optimization, as well as the integration of distributed energy resources (DERs) and behind-the-meter devices.

"Calix is a leader in enabling utilities to deploy fibre across their distribution grids," said Peter Londa, president and chief executive officer of Tantalus. "Together, we're empowering utilities to turn those fibre investments into a foundation for faster, more cost-effective grid modernization that benefits the communities they serve."

In addition, Tantalus has tested the TruSense Fiber Gateway in conjunction with Calix ONTs to confirm interoperability between the two companies' technologies, and the companies are ready for field deployment of their solutions. In fact, BrightRidge, a public power and broadband utility based in Johnson City, Tenn., is one of the first joint Tantalus and Calix customers.

"BrightRidge has worked with Tantalus and Calix in our migration to an IP-based [Internet protocol] infrastructure. The Calix I-Temp Rated XGIA SFP+ ONT and the Tantalus TruSense Fiber Gateway work together to ensure the robustness and reliability of our world-class network," said Adam Miller, BrightRidge AMI manager. "We're doing this to take advantage of the advanced applications available today as well as in preparation for what's coming next."

An increasing number of utilities are leveraging fibre networks to drive more visibility, reliability and resilience across their distribution grids, and the collaboration between Tantalus and Calix is designed to benefit communities across North America.

"Grid modernization requires a fundamental evolution in how utility providers connect critical infrastructure," said Shane Eleniak, chief product officer of Calix. "Those providers need real-time visibility across their networks and the ability to respond quickly to changing conditions in the field. That requires resilient, fibre-based communications. Through our partnership with Tantalus, we are helping utility providers maximize the value of their fibre investments with the AI-native Calix One platform, enabling greater operational intelligence and helping them better serve their communities."

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. The company's 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 Tantalus's 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, Tantalus 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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