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ENBALA Power Networks Names Arthur (Bud) Vos as President and CEO

TORONTO, ONTARIO -- (Marketwired) -- 04/01/14 -- ENBALA Power Networks is pleased to announce that Arthur (Bud) Vos will be joining the company as President and CEO. Mr. Vos joins ENBALA with extensive experience and a proven track record of delivering software applications to electric utilities. ENBALA is poised for massive growth within the smart grid industry through the continued adoption of GOFlex™ - ENBALA's flagship platform for grid optimization including advanced demand management applications.

"I am extremely impressed with ENBALA's technology and team. ENBALA has an established track record of successful participation and operation in advanced programs for ancillary services as well as in-depth experience of working with electric utilities to optimize their operations," said Mr. Vos. "I am looking forward to working with this exceptional team to expand ENBALA's position as a leading provider of grid optimization solutions driven by smart, real-time demand management for utilities and system operators."

With over 15 years of energy industry experience, Mr. Vos brings in-depth knowledge of and experience with providing high-value software solutions to utilities. Previously, Mr. Vos served as COO at Simple Energy, Inc. and as CTO of Comverge, Inc. He has a track record of helping successful companies grow while serving the evolving needs of utilities and the overall energy industry.

ENBALA's previous CEO, Ron Dizy, will remain with ENBALA as EVP and Chief Revenue Officer, continuing to work hand-in-hand with utilities, system operators, and electricity customers.

"I'm thrilled to have Bud join the ENBALA team," said Mr. Dizy. "He brings invaluable utility relationships and expertise to the table, supporting the next phase of our business. I look forward to working with him to build ENBALA's future as a leader in intelligent grid optimization solutions for the electric utility."

Robert Chiste, ENBALA's Executive Chairman, stated: "ENBALA is committed to advancing the notion of real-time, non-disruptive demand management, renewable generation integration, system reliability improvement, virtual energy storage, and customer engagement to support the widespread and evolving needs of the modern utility. ENBALA has brought in an industry veteran to lead the next phase of its business as it continues to expand its platform capabilities and applications with electric utilities and commercial and industrial customers. On behalf of the ENBALA Board, we are extremely excited to have strong leaders such as Bud and Ron in their new roles and we are confident in our future growth."

About ENBALA Power Networks

ENBALA Power Networks operates a real-time, demand management platform (called GOFlex™) that offers a way to connect electricity users to the grid to perform non-disruptive demand response by intelligently aggregating the inherent flexibility in how they consume power. Participating customers define their own parameters based on their own usage and process requirements. ENBALA's platform optimizes the usage of this flexibility, based on real-time telemetry and the grid's moment-to-moment needs. The net effect is a virtual, distributed energy resource that can be continuously controlled by the utility - with no business impact on customers. For more information, visit www.enbala.com.

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