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GRIDbot and IES-Synergy Form a Strategic Partnership to Address Electric Vehicle Charging Infrastructure Challenges in North America

NOVI, MICHIGAN -- (Marketwire) -- 11/13/12 -- GRIDbot, a Canadian manufacturer of electric vehicle supply equipment is pleased to announce its strategic partnership with IES-Synergy (IES) to offer improved economics to help accelerate the deployment of electro-mobility in North America. Under the strategic partnership, GRIDbot will distribute IES fast DC chargers and provide service on IES HF on-board battery chargers. IES will further supply GRIDbot with state-of-the-art electronic modules to be integrated in the next Equinox universal fast DC charger combining both CHAdeMO and SAE J1772 Combo protocols. The equipment will be on display in Booth B101 at the Charging Infrastructure Expo from November 13 to 15, 2012.

The Equinox using the new global fast charging standard SAE J1772 combo-connector interface between the charger and EV, enabling power flow and communications in a single wired connection, will be available on the North American market by the first quarter of 2013 and will be the first commercially available unit to combine both protocols within a single station. The SAE J1772 combo-connector standard has been endorsed by the majority of global automotive manufacturers and is expected to be available within a year on a variety of electric vehicles.

The new chargers will be delivered ready to connect to the Plug-n-Ride Network developed to process nation-wide financial transactions, data management and reporting, and the recording of carbon reductions for the development of carbon credits for all electric vehicle users both individually and collectively. Stations connected to the Plug-n-Ride Network will be upgradable at a later date to fully make use of vehicle to grid (V2G) capabilities. GRIDbot and IES are global market leaders in V2G technology with bidirectional charging stations and bidirectional on-board chargers.

V2G will allow vehicles to optimally exchange power with the electricity grid, providing grid-storage benefits in addition to the electric vehicle (EV) transportation benefits of fuel and maintenance savings. The energy storage benefits of grid-interconnected EVs are expected to be used for local peak demand reduction and grid ancillary services.

About GRIDbot

GRIDbot is a North American manufacturer of residential and commercial Level 2 and Level 3 EV supply equipment. GRIDbot designs, manufactures and deploys municipal, commercial and multi-residential charging infrastructures, and offers a global solution for the networking of electric vehicles as a global V2G aggregator. Its unique V2G and vehicle to home (V2H) technologies makes it a leader in this future technology.

About IES-Synergy

As a specialist in power conversion since 1992, IES-Synergy produces over 80,000 chargers annually and has patented a special cooling process making it possible to offer sealed-chargers while keeping their size extremely compact. These small footprint chargers are insensitive to outside factors such as high pressure cleaning, acid, oily dust and vibrations, making them ideal for the electric mobility industry. IES clients include Renault, BMW, Audi, Volkswagen, Skoda and General Motors among others.

Contacts:
GRIDbot Canada Contact:
Eric Tessier
Imexpro International
Cel: +1 450 770 1260
eric@imexpro.com
www.gridbot.ca

IES-Synergy Contact:
Michel Orville
Vice-President Strategy & Development
+33 (0)4 99 13 63 32 / Cel: +33 (0)6 23 46 77 49
michel.orville@ies-synergy.com
www.ies-synergy.com

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