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gridComm Selects 151 Advisors to Support International Expansion and Accelerate U.S. Market Entry
[October 01, 2014]

gridComm Selects 151 Advisors to Support International Expansion and Accelerate U.S. Market Entry


NEW YORK --(Business Wire)--

151 Advisors, a strategic consulting firm for mobile, wireless and web-based software and technology companies, today announced a partnership agreement with gridComm, a provider of power line communications (PLC) solutions that enable the transformation of the electricity grid into a smart grid, to help the company evaluate and assess its innovative smart grid communications.

151 Advisors will support gridComm's North America sales strategies and operations, help advance additional global OEM partnerships, and build a go-to-market strategy that will create a strategic advantage for gridComm's unique products that are used for smart grids, smart light control, smart home appliances, alternative energy and M2M data gathering.

"The electronic utility indusry is undergoing a massive change as the need for smart grids is becoming increasingly necessary worldwide to improve cost-effectiveness and provide cleaner energy," said Bill Rom, Managing Partner at 151 Advisors. "gridComm's smart grid communications solutions are well positioned to meet this growing demand, and we look forward to collaborating with them to help achieve their growth objectives."



"We are looking forward to working with the 151 Advisors team and know their level of expertise will enable gridComm to continue as a market leader in transforming the electricity grid into a smart grid," said TL Nge, gridComm Vice President of Marketing and Sales.

Headquartered in Singapore, gridComm leads development of intelligent machine-to-machine communication by providing the systems and devices that enable the transformation of the electricity grid into a smart grid. By connecting utilities to their customers, gridComm's devices help to transform homes into energy-aware "smart homes" that react to conditions on the grid, thus implementing a worldwide communications network based on the existing power grid.


About 151 Advisors

151 Advisors (www.151advisors.com) is a strategic consulting firm that helps technology companies solve critical business challenges, seize new market opportunities and achieve real results. The company helps mobile, wireless, and web-based software and technology companies build and execute go-to-market strategies to drive revenue growth. 151 Advisors works with companies of all sizes - from growth-stage startups to large global corporations - and has more than 100 years of combined experience building profitable technology companies.


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