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Tendril Elects Tom McDaniel as Chairman of the Board of Directors

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BOULDER, Colo.--(BUSINESS WIRE)--

Tendril, the provider of the cloud platform for the Energy Internet, today announced the election of Tom McDaniel as chairman of the board.

“I am excited to work with Tendril, a high-growth company with a game-changing technology that is rapidly being adopted by key energy players, including Origin Energy, Siemens Energy and Whirlpool Corporation,” said McDaniel. “The Tendril platform allows energy service providers, utilities and ecosystem providers an opportunity to engage customers as partners and unlock the full potential of Smart Grid systems being implemented around the world. Our goal is to continue to rapidly grow market penetration of the Tendril Connect platform on a broad, global scale.”

Mr. McDaniel acquired a tremendous amount of experience in the energy industry during his 37 years with Edison International (EIX) where he served as chief executive officer of the company's independent power and financial service companies, chief financial officer of EIX, and held a variety of management positions at Southern California Edison. Since retiring from EIX in 2008, Mr. McDaniel has continued to take an active leadership role in the energy, clean tech and healthcare sectors.

He currently serves as a director of SunPower Corp (NASDAQ: SPWRA), a leading manufacturer, developer and installer of high-efficiency solar systems for the residential, commercial and utility markets domestically and internationally. Mr. McDaniel is a director of the SemGroup Corporation (NASDAQ: SEMG), a midstream oil and gas service company with pipeline and storage operations in the US, Canada and the UK. He also serves as a director of Cypress Envirosystems, provider of energy efficiency technology, and as an advisor to On Ramp Wireless, Smart Grid/meter communication networks for the electric, gas and water sectors, and Coda Electric Automotive, electric transportation and energy storage.

“We could not be more pleased for Tom to join our board of directors. He's a well-known, powerhouse industry player who brings extensive corporate governance experience and deep knowledge of the energy, utility and clean tech sectors to Tendril,” said Adrian Tuck, CEO of Tendril. “His unique knowledge and skills will help Tendril continue to grow rapidly and break new ground with our cloud platform and energy management solutions for the utility industry.”

About Tendril

Tendril is the Energy Platform company, delivering end-to-end consumer engagement products, applications and services powered by Tendril Connect™—an open standards-based, 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 Capital Partners, Siemens Venture Capital (SVC), Good Energies, RRE Ventures and GE. For more information, visit www.tendrilinc.com.

Schwartz MSL
Dan O'Mahony, 415-512-0770
Mobile: 415-609-8921
tendril@schwartzmsl.com
or
Tendril
Sheila O'Neill, 303-468-4449
Mobile: 303-324-7310
soneill@tendrilinc.com

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