PERI Software to participate in a 21st Century “Smart Grid Technology Conference and Expo” in San Diego
"Smart Grid technology transforms the way utilities can deliver power to customers, it is the wave of the future,” said President and CEO Sarav Periasamy, PERI Software Solutions Inc
News Release George McQuade (818) 340-5300 or 618-9229 www.MayoCommunications.com PR@MayoCommunications.com For Immediate Release May 17, 2010 Newark, NJ/San Diego, CA – PERI Software Solutions Inc., a smart grid technology leader, plans to exhibit and participate in the 2010 Smart Grid Technology Conference & Expo, hosted by San Diego Gas & Electric, June 2nd & 3rd, San Diego, CA. The event touts to be a powerful utility led tech conference that will outline ways to step up smart grid technologies. PERI will be amongst a dozen exhibitors and plans to display its latest smart grid technology. “We need to educate and engage consumers in the transformation of smart grid technologies,” said President and CEO Sarav Periasamy. PERI Software Solutions, Inc. “Research shows that 60 percent of the electricity generated in this country is lost to inefficiencies, and the fact that smart grid technology is green and does not cost more, customers will feel good about saving energy and the environment.” PERI offers a solution that consists of smart electric meters that are capable of collecting fine grained household electrical usage data and transmitting it over secure communications protocols like mobile phones using general packet radio service (GPRS) or WIFI Mesh. “The data collected is integrated into a smart grid enterprise information system,” explained Periasamy. “The application supports data collection, analytics, system planning, engineering, operations, energy management, asset management, and value-added customer services. Advanced Metering Infrastructure (AMI) Smart Meter and Demand Response form the core enabling technologies for the smart grid. Beyond automated meter reading for billing purposes, the smart meters grid serves as information gateways to customers. It offers improved revenue management and proactive customer communications about energy efficiency. Through dynamic rate price programs and Home Area Network applications and devices the smart grid also enables customers to manager the user of energy in their home in near real time. PERI's most recent move was opening its Los Angeles office earlier this year, which Periasamy has described as a way to step into the region's technology services market. PERI has developed 14 products and scored with customers such as Toyota and Blue Cross Blue Shield. Its hardware products have flourished in India in the desktop PC and wireless devices markets. On the intelligent hardware/embedded software front, PERI has developed iSystem, a product that integrates voice, video and data into one communication system. Periasamy recently told IndUS Business Journal’s (http://tiny.cc/ww3kc) writer Martin Desmarais, "My goal as CEO of the company is to make sure we grow in all phases so that one (technology) supports the other. Basically, it is complementary phases. We are one of the only small diversity solutions providers in the smart grid area and since we started early we should have some advantage,” he said. “California is really one of the first states to move hard on the smart grid technology for utilities and many other states are watching California to see how things develop before following suit,” noted Periasamy. He also sees a massive market for smart grids in developing countries, like India, that are struggling with their utility infrastructure. The efficiency and speed of the smart grid system helps in reducing the waste or misusage of power. PERI has been developing its own smart grid technology for the last two years. In a 3,000 meter pilot program for a utility company, PERI provided solutions for using outdoor wireless mesh and GPRS for implementing smart grid solutions. PERI had to overcome the challenges of deploying wide-area wireless broadband IP networks on a large scale, making wide-area broadband coverage possible. PERI provided a solution that is scalable, reliable, performance bound and secured that the customer needed. The backend application is an enterprise-wide geographic information system (GIS) supported by a business intelligence application. The two-day smart grid technology conference will also feature industry leaders from Austin Energy, TVA, Google, Seattle City Light, Southern California Edison, Better Place, Sempra, EPRI, and Verizon Wireless to name a few. About PERI PERI Software Solutions Inc. is one of the nation’s fastest growing Asian-owned, global business solutions company based in Newark, NJ with offices in San Jose, Los Angeles and Chennai, India. Founded in 1999, PERI is a global business solutions company, which has grown to more than 700 plus employees and delivers high value-cost effective technology based business solutions. The technology product and services company has earned more than $50 million in revenue since being started in 1999. The company has four main product lines: software, hardware, intelligent hardware/embedded software and software services. For more info visit: www.PERIsoftware.com. For more about the smart grid tech conference and agenda visit: http://www.smartgridupdate.com/smartgridtechnology/programme.shtml [Editors: For images and advanced media interviews with PERI, please call: Aida Mayo or George McQuade at 818-340-5300 or 818-618-9229 or email Publicity@MayoCommunications.com.]
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