Vice President Joe Biden Recognizes Tendril as Innovative, High-Growth Clean Tech Company

Tendril May 23, 2011 Back to press

BOULDER, Colo.–May 23, 2011—Tendril, the energy platform company, was featured in remarks by Vice President Joe Biden at the National Renewable Energy Laboratory (NREL) in Golden, Colo. on Friday, May 20th. The Vice President hailed Tendril as a prime example of a company that is spurring U.S. job creation, improving consumer energy usage through home energy management, growing the economy, and helping America win the future.

“Now, more than ever, America’s future competitiveness depends on our ability to innovate and our capacity to live up to our rich history of technological advancement,” said Vice President Biden.

Vice President Biden was at NREL to highlight the Administration’s commitment to encouraging innovation, and investing in research and development to keep America competitive in the 21st century.

The Vice President cited Tendril’s recently announced deployment deal with Origin Energy, the leading Australian integrated energy company, which will begin piloting Tendril Energize in thousands of customer homes in the second half of 2011 with potential for mass distribution to nearly 5 million homes.

“Tendril is extremely honored to be recognized by the Vice President for our innovation, success and global progress,” said Adrian Tuck, CEO, Tendril. “The Administration has made it a priority to lead the modernization of the electric grid, creating real opportunities for us in green technology jobs. Tendril has been adding 10 new jobs monthly since the beginning of the year and intends to add many more.”

Tuck was joined at NREL by several Tendril employees as well as senior executives from Origin Energy.

“What attracted us to Tendril was their unique combination of leading edge technology and deep commitment to customer outcomes. This focus on customers is what makes Tendril the right partner for Origin,” said Phil Craig, general manager – retail, Origin.

About Tendril
Tendril is the Energy Platform company, delivering end-to-end consumer engagement products, applications and services powered by Tendril Connect™—an open, secure and scalable platform that takes the complexity out of the Energy Internet and creates a dialogue between energy service providers and their customers. Delivering consumer engagement software, in-home products and applications as well as easy to integrate utility solutions such as Demand Response and Energy Efficiency, Tendril offers unparalleled insight into energy decisions, making the Energy Marketplace a reality. The company is venture backed by VantagePoint Venture Partners, Good Energies, RRE Ventures, Siemens Venture Capital and GE. For more information, visit www.tendrilinc.com.

Contacts:
Gina Manassero
Schwartz Communications
415-512-0770
tendril@schwartzcomm.com

Sheila O’Neill
Tendril
303-324-7310
soneill@tendrilinc.com

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