Siemens and eMeter Announce Strategic Relationship

Independent meter data management software establishes cornerstone for Smart
Grid capabilities

RALEIGH, N.C., March 12 /PRNewswire/ -- Siemens and eMeter announce a
global, joint development and supply agreement for the sale and implementation
of eMeter's EnergyIP(TM) meter data management software. Siemens will provide
a global EnergyIP(TM) sales and delivery channel including installation,
configuration and first line support. eMeter will support Siemens' sales
providing EnergyIP(TM) software, globalization and advanced support.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
Leveraging the strengths of both Siemens and eMeter, EnergyIP(TM) is
poised to become the global standard in meter data management (MDM) software
and a cornerstone for the Smart Grid. Siemens and eMeter will enable the
integration of MDM with existing utility systems through strong partnering
programs with providers of AMI technology and system integration services.
Siemens selected eMeter for its market leadership in MDM based on the
architectural superiority of EnergyIP(TM) and its independently certified
performance. EnergyIP(TM) offers sustainable competitive advantages in
functionality, flexibility, scalability, open architecture, and total
life-cycle cost of ownership.
"For successful utilities' long-term AMI and MDM strategies, it is
essential to have an open, technology-neutral and independent MDM system, such
as that offered by eMeter's EnergyIP(TM)," said Paul Maher, CEO, Siemens
Metering Services.
eMeter elected to partner with Siemens for its unsurpassed global
capabilities in utility software sales, delivery, and support; its expertise
and array of products and services for Smart Grids; and global experience
working with existing eMeter partners, including system integrators and AMI
technology companies.
"Through this joint development and supply agreement, eMeter will extend
the capabilities of EnergyIP(TM) and complement this with Siemens' global
sales and project execution," said Cree Edwards, CEO, eMeter. "Our
relationship will leverage Siemens' global sales organization operating in 190
countries and Siemens' strengths in Smart Grid products and services to make
EnergyIP(TM) the global MDM standard and a foundation for grid automation."
About Siemens
Siemens Power Transmission & Distribution, Inc., headquartered in Raleigh,
NC, creates innovative product, system and service solutions for its customers
-- electric utilities, transmission organizations, Independent System
Operators, and large energy consumers. It is a leading supplier of high and
medium voltage power delivery equipment, energy management systems, network
planning and power system engineering software for regulated and deregulated
generation, transmission, and distribution markets. The company's products
and systems are used to increase power system capacity and improve the
reliability, stability and flexibility of power delivery and network control
systems. It has operations in Wendell, NC; Jackson, MS; Minneapolis, MN; San
Jose, CA; Schenectady, NY; Jackson, TN; Heber Springs, AR; and Atlanta, GA.
For more information visit us at www.usa.siemens.com/energy.
Siemens AG (NYSE: SI) is a global powerhouse in electronics and electrical
engineering, and operates in the industry, energy and healthcare sectors.
Over 160 years, Siemens has built a reputation for leading edge innovation and
the quality of its products, systems and solutions. In fiscal year 2007,
Siemens reported worldwide sales of $96.6 billion, and employs 400,000 people
in 190 countries. With its U.S. corporate headquarters in New York City,
Siemens in the USA reported sales of $23.1 billion and employs approximately
72,000 people throughout all 50 states and Puerto Rico. For more information
on Siemens in the United States, visit www.usa.siemens.com.
About eMeter Corporation
Since 1999, eMeter Corporation of San Mateo, California, has provided
software that enables electric, gas, and water utilities to realize the full
benefits of their Advanced Metering and Smart Grid initiatives. EnergyIP,
eMeter's premier software platform, is an Meter Data Management System with
three major elements: 1) a Meter Data Management 2) an Integration Platform
for linking a variety of meter data collection systems to a variety of utility
information systems, and 3) Business Process Management Tools specializing in
advanced metering implementation, operations, and maintenance. eMeters
EnergyIP software and team of experts provides the most robust open
service-oriented architecture, real-time data validation, vendor neutral MDM
system, with proven scalability to millions of meters. For more visit
www.emeter.com.
SOURCE Siemens Power Transmission & Distribution, Inc.

Holly Bounds of Siemens Power Transmission & Distribution, Inc.,
+1-678-427-6700, holly.bounds@siemens.com; or Denise Rushing, +1-650-227-7770,
denise@emeter.com