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Community Engagement

Reconnecting

APPA President and CEO Joy Ditto reflects on her recent travels to Kansas and Oklahoma to reconnect with members and the public power community in person.
Tantalus Systems Corp.

BURNABY, BC – May 10, 2021 – Smart grid technology leader Tantalus Systems (TSX: GRID) is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (the “TSX”).

Tantalus’ shares will commence trading on the TSX at the opening on Monday, May 10, 2021 and will continue to trade under the Company’s current stock ticker symbol, “GRID”.  To ensure continued and seamless trading for its shareholders and in connection with the graduation to the TSX, Tantalus’ shares will be delisted from the TSX Venture Exchange at the commencement of trading on the TSX.

“Our graduation to the TSX marks another key milestone in achieving Tantalus’ purpose, which is to help build sustainable utilities of the future,” said Peter Londa, President & CEO of Tantalus. “Since joining the TSXV earlier this year, our team has been working diligently to meet the more stringent reporting requirements of the TSX and today’s transition reflects the culmination of our team’s effort. As we seek to further strengthen our organization to help utilities prepare for the decarbonization of the power industry, we anticipate enhancing our liquidity, raising our Company’s profile in the capital markets and gaining access to a broader investor base by successfully migrating to the TSX.”

About Tantalus

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 Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. 

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 listing of Tantalus’s common shares on the TSX, 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 new release is expressly qualified in its entirety by this cautionary statement.

Contact Tantalus:

Jacquie Hudson
Marketing Communications Manager
613-552-4244 | jhudson@tantalus.com

Linda Armstrong
Investor Relations
647-456-9223 | larmstrong@tantalus.com

Website: www.tantalus.com
LinkedIn: LinkedIn/company/tantalus
Twitter: @TantalusCorp

Platte River Power Authority begins permitting for 150-MW solar project

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City Water, Light and Power plant chosen as site for carbon capture technology pilot testing

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Groups press for access to direct payment refundable energy tax credits

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OMICRON, a leading worldwide supplier of power system testing solutions, announces the 4th Annual North American IEC 61850 Tutorial & Workshop will be held May 25th-27th, 2021. This live and interactive event is part of OMICRON’s initiatives for virtual knowledge sharing to the industry and its community. Experts will share practical examples highlighting aspects of IEC-61850-based protection, automation, and control systems, including cybersecurity.

“Regardless of where you are in your IEC 61850 journey, this event has something for everyone” said Jackie Peer, Head of Strategic Business Development and event moderator, OMICRON. “Last year, we had over 600 attendees for a one-day event. There was a strong interest in expanding the program, and we did just that. Now, for three days, we offer an optional day of introductory topics and a full day of workshops. Also new, a cybersecurity panel that brings some of the who’s who in cybersecurity to the discussion and a keynote address that is sure to be a treat.”

This year’s keynote is from Dr. James Merlo, Vice President of Operational Excellence at Knowledge Vine, a company that provides Human Performance training and consulting. Dr. Merlo leads Knowledge Vine’s efforts in helping companies around the world leverage Human Performance Improvement technologies to reduce the frequency and severity of errors.

 “As digital systems become increasingly complicated, the requirement for good human factors, human-centered processes and checks, and purposefully designed tools to test, troubleshoot, and commission are more important than ever for our engineers and technicians. Our human capital is, and always will be, the most important part of the system.” Said Dr. Merlo, Vice President of Operational Excellence, Knowledge Vine.  

This event is for those in communications, SCADA and protection engineers, design engineers and system integrators, commissioning and maintenance staff, cybersecurity staff, and anyone interested in learning more about IEC 61850 applications.

The event starts at 10:00 am and ends at 3:30 pm Central Time with breaks. The event cost is $195 for the main event and an additional $50 for the optional day of introductory sessions.  

May 25, 2021 – Optional introductory sessions
May 26, 2021 – Keynote, presentations, and special cybersecurity panel
May 27, 2021 – Workshop break-out sessions

Additional event details and registration is found on OMICRON’s site: https://events.omicronenergy.com/na-iectw.

IEC 61850, the established standard for communication in substations and power utility automation systems, has become the international core standard for smart grids and lays down the prerequisites for a future-proof design and the frictionless interoperability of products from different manufacturers. OMICRON offers protection and control engineers a set of advanced testing and cybersecurity solutions in IEC 61850 environments. The individual tools complement one another and cover a wide range of requirements.

Company profile OMICRON is an international company serving the electrical power industry with innovative testing and diagnostic solutions. The application of OMICRON products allows users to assess the condition of the primary and secondary equipment on their systems with complete confidence. Services offered in the area of consulting, commissioning, testing, diagnosis and training make the product range complete.

Customers in more than 160 countries rely on the company’s ability to supply leading edge technology of excellent quality. Service centers on all continents provide a broad base of knowledge and extraordinary customer support. All of this together with our strong network of sales partners is what has made our company a market leader in the electrical power industry.