Entrepreneur and Software Industry Leader Joins Intelagrid Board.
Richmond-Petersburg, VA (1888PressRelease) January 05, 2011 - Intelagrid, LLC, the emerging leader in standards-based smart grid solutions, today announced that Matt Ernst, founder and former CEO of Amentra, Inc., has joined its board of directors. In addition to his successful track record as an entrepreneur, Ernst brings leadership and experience with sales, marketing, HR, operations, and finance.
Mr. Ernst founded Amentra in early 2000 and served as the company's Chief Executive Officer until shortly after its sale to Red Hat (NYSE: RHT) in March of 2008. Under his guidance and leadership Amentra became one of the fastest growing privately held companies in the country. Mr. Ernst was also named the Ernst and Young Entrepreneur of the Year in 2007. Prior to starting Amentra, Mr. Ernst held senior management positions for a major consulting company, including practice management, business analysis, HR/Recruiting, and sales management. Mr. Ernst spearheaded one of their fastest growing and most profitable project solutions groups, resulting in a multimillion dollar organization.
Costa Apostolakis, founder and CEO of Intelagrid said, "Matt Ernst knows firsthand what it takes to start a company, build its foundations, and grow it for the long run. Matt brings with him an immense network of connections, deep experience in building an organization, and highly relevant insight." Apostolakis added, "I am thrilled to have Matt join us as a board member and as an investor."
About Intelagrid
Intelagrid is the emerging leader in broadband standards-based smart grid and smart home products. Intelagrid enables utilities to deploy a scalable, reliable, and secure infrastructure for advanced metering and real time monitoring that will scale as the needs of the smart grid grow over time.
Intelagrid's software suite allows utilities and their customers (residential and commercial/industrial) to manage and monitor all aspects of the system through a unified portal/web/smartphone environment. The software supports all major web browsers, iPhone, iPad, Android, Blackberry, iGoogle, and any smartphone.
By deploying a broadband shared network infrastructure, utilities can implement multiple services including advanced metering, distribution automation, demand response, smart home and other applications at a fraction of comparable costs. Building an intelligent smart grid lowers capital costs and provides a future proof network that will save energy and operating costs. When planning the intelligent smart grid of tomorrow, partner with a company that makes it available today.
Media Contact
Jessenia Inclan
jessenia ( @ ) intelagrid dot com
888-556-0911 ext 1001