BPL Global to Acquire Demand Management Provider Connected Energy

Acquisition Strengthens BPL Global’s Solutions for Demand Management

PITTSBURGH, PA and ROCHESTER, NY – Jan. 23, 2008 – BPL Global™, Ltd., a smart grid software and technology company dedicated to leading the transformation of energy and information delivery, has entered into an agreement to acquire Connected Energy Corporation. The acquisition of Connected Energy further strengthens BPL Global’s position as a leading provider of demand management solutions to the commercial, industrial and residential markets.

During the past 10 years, Connected Energy has developed a state-of-the-art demand management solution comprised of COMSYS™ web-based software and CENTRY™ connection hardware. COMSYS™ software technology provides low-cost, highly secure, highly scalable, highly functional, web-based energy management and control solutions. Patent-pending CENTRY™ connection hardware is the critical last-mile link that provides communication, monitoring and control capability with distributed generation and demand assets. The solution is designed for robust, out-of-the-box compatibility and connectivity without the need for customization of managed systems, software or devices.

Connected Energy’s demand management solutions create a virtual, real-time control center for distributed energy resources. More than 450 megawatts of demand and generation assets are being monitored, managed and controlled by customers. Customers operate a Connected Energy solution for a comprehensive range of assets including wind farms, solar arrays, diesel generators, turbine generators, industrial equipment, co-generation systems, building energy management systems and numerous distributed control systems.

Managing peak demand to close the gap between energy supply and demand is a global challenge facing the electric utility industry. Through this acquisition, BPL Global will market the Connected Energy demand management solution through BPL Global’s network in Asia, Europe, Latin America and the Middle East in addition to North America.

“By acquiring Connected Energy, BPL Global is providing electric utilities and independent demand and generation asset operators a complete demand management solution. This establishes BPL Global as a premier global leader in demand management,” said Keith Schaefer, CEO of BPL Global. “What impressed us about Connected Energy was that its proven product is used by leading utilities and laboratories, including Duke Energy, Southern California Edison and Lawrence Berkeley National Laboratory.”

“Connected Energy is excited to be part of BPL Global, which has proven itself as a worldwide provider of cutting-edge smart grid solutions. With this acquisition, we immediately reach an international customer base,” said Chris Campbell, President of Connected Energy.

The transaction has been approved by the boards of both companies and is subject to shareholder approval.

About BPL Global
BPL Global, Ltd. (BPLG) is a smart grid technology company dedicated to leading the transformation of energy and information delivery. The company provides software solutions to electric utilities enabling an intelligent grid to more efficiently manage demand, integrate distributed energy resources, improve service reliability, and optimize cost and capital productivity. BPL Global partners with local utilities, Internet service providers, equipment suppliers and financiers to create end-to-end solutions integrating the best in software, communications, hardware and managed services to aggressively deploy smart grid solutions around the world. Part of the clean technology sector of the electric utility industry, our applications provide the critical foundation for a coordinated, intelligent grid to deliver energy more efficiently for a greener environment.

About Connected Energy
Connected Energy Corp. is a leader in the deployment of integrated hardware and software solutions for automating the remote monitoring and management of distributed energy systems via the Internet. Connected Energy develops powerful tools to manage mission-critical resources such as energy, facility systems and processes, in real time, regardless of location. The company’s COMSYS™ and CENTRY™ technologies provide low cost, highly secure, highly scalable, highly functional, web-based energy management and control solutions. Our solutions bring local control systems online to create a virtual, real-time control center with robust, out-of-the-box compatibility and connectivity — without the time and expense of enterprise software, systems or device level integration. www.connectedenergy.com.