April 25, 2018 1:35 AM ET

Electronic Equipment, Instruments and Components

Company Overview of Tantalus Systems Corp.

Company Overview

Tantalus Systems Corp. provides a multi-purpose smart grid solutions platform for advanced metering, demand response, and distribution automation. The company offers TUNet, a WAN/LAN/HAN communications system that enables electric, water, and gas municipal and cooperative utilities to automate processes, improve business operations, and deliver customer services. It also provides a multi-commodity network for various energy and flow resources, such as electricity, water, steam, gas, and propane. The company’s TUNet unites utility's applications, including automated metering, outage management, power quality monitoring, load management, and distribution automation in urban and rural service a...

3555 Gilmore Way

Suite 200

Burnaby, BC V5G 0B3

Canada

Founded in 1989

Phone:

604-299-0458

Fax:

604-451-4111

Key Executives for Tantalus Systems Corp.

Chief Executive Officer, President and Director
Age: 44
Vice President of Finance
Chief Operating Officer
Executive Vice President and General Manager of Caribbean Basin
Vice President of Business Development
Compensation as of Fiscal Year 2017.

Tantalus Systems Corp. Key Developments

Tantalus Systems Appoints Laura Formusa as Board of Directors

Tantalus Systems appointed Laura Formusa as board of directors. In her new role, Formusa will tap into her vast industry experience to help guide Tantalus’ strategic vision and grow the company’s customer base. Before joining the Tantalus Board, Formusa served as the President and CEO of Hydro One. She first joined Hydro One in 1980, holding several leadership roles including Vice President and General Counsel before being named CEO. Formusa comes with more than 30 years of experience in the utilities industry and deep expertise in energy management technologies.

Tantalus Delivers Integrated Utility IoT-Based Solutions in Smart Street Lighting & Grid Optimization

Tantalus Systems is delivering advanced smart grid applications such as Smart Street Lighting and enhancing Conservation Voltage Reduction (CVR) and Voltage Optimization (VO) for Distribution Grid Optimization over its distributed intelligence platform – TUNet®. TUNet is anchored by a network of intelligent edge computing modules integrated into a broad range of smart grid end points such as meters and Distribution Automation (DA) devices. Each TUNet module uses a Linux-based computing platform to collect and analyze data, make intelligent decisions and report by exception to the utility’s central servers. TUNet’s efficient use of its Utility IoT architecture enables the utility to leverage its smart grid network more effectively while ensuring that operators receive precisely the right data at the right time and from the right location to make more informed decisions. Another smart grid solution now deployed throughout Tantalus’ customer base is Distribution Grid Optimization. Applications such as CVR and VO are enhanced by leveraging TUNet’s distributed intelligence and communications for improved performance. Tantalus delivers this by combining its Closed Loop Voltage Reduction (CLVR™) feature with its TUNet DA Bridge Modem, providing a near real-time meter voltage monitoring and alerting application with a modem that supports DNP3 data delivery across TUNet. This extends visibility and control from the SCADA system to end-of-line DA devices such as capacitor bank controllers and voltage regulators while capturing FCI data and alerts in near real-time. This combined functionality helps utilities maximize value from their TUNet AMI network investments.

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