eMeter Positioned in Visionaries Quadrant of Leading Analyst Firm's Meter Data Management Products Magic Quadrant

Evaluation Based on Ability to Execute and Completeness of Vision

Dec 21, 2010, 09:00 ET from eMeter

SAN MATEO, Calif., Dec. 21, 2010 /PRNewswire/ -- eMeter, a leader in Smart Grid management software, today announced it has been positioned in the "Visionaries" quadrant of Gartner's recently published Magic Quadrant for Meter Data Management Products.(1) A leading worldwide IT research and advisory firm, Gartner evaluated vendors based on the company's ability to execute and completeness of vision in the Meter Data Management Products market.

"We believe eMeter's positioning in the Visionaries quadrant further validates the value of our platform for current and future energy markets," said Gary Bloom, CEO at eMeter. "Combined with our vocal leadership in global standards and policies, and an ever growing ecosystem of eMeter partners, we provide an information platform that utilities can use to develop mission-critical applications for their business and customers."

Gartner based its review of eMeter on the company's industry-leading eMeter EnergyIP information platform. eMeter EnergyIP delivers event-driven information and automation in real-time to integrate utility operations and manage the smart grid. As part of the eMeter Smart Grid Management Suite, eMeter EnergyIP enables electric, gas and water utilities to realize the full benefits of their AMI and Smart Grid initiatives.

To view a copy of "Magic Quadrant for Meter Data Management Products," compliments of eMeter, go to (www.emeter.com/gartner).

About the Magic Quadrant

The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Visionary" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About eMeter

eMeter provides essential software that enables electric, gas and water utilities to realize the full benefits of Smart Grid. Leading utilities worldwide depend on eMeter Smart Grid Management software to reduce operational costs, improve customer service, and drive energy efficiency. With the most large-scale deployments in the industry and strategic partnerships with Accenture, IBM, Logica, and Siemens, eMeter has built a reputation for unparalleled expertise that ensures customer success.

(1) Gartner, Inc., "Magic Quadrant for Meter Data Management Products" by Zarko Sumic, December 10, 2010