George Tenet and Kenneth Baker appointed as advisors to GridPoint

Washington, D.C., Oct. 29, 2008 — GridPoint Inc. announced the appointment of electric vehicle pioneer Kenneth R. Baker and former director of the Central Intelligence Agency, George J. Tenet to its board of advisors.

“With the arrival of electric vehicles and their consequent impact on the power grid, as well as the rising importance of energy security, GridPoint will benefit tremendously from the expertise and insight of these distinguished men,” said the CEO of GridPoint Peter L. Corsell.

Baker, an auto industry executive, is recognized as the “father” of the EV-1, General Motors’ all-electric vehicle. He held several roles at the company including program manager of GM Electric Vehicles; vice president of GM Research and Development; and vice president & general manager of GM Distributed Energy Business Unit. Baker is the founding chairman of the United States Advanced Battery Consortium.

Currently, Baker serves as president and CEO of TechBroker LLC, and previously as president and CEO of Altarum. He is a member of the board of directors of AeroVironment, Ener1, Millennium Cell, and the National Coalition for Advanced Manufacturing (NACFAM). He is also a member of the board of governors of the Cranbrook Institute of Science.

Tenet is a managing director with Allen & Co., where he is responsible for the firm’s international merchant banking business. Tenet served as the 18th director of Central Intelligence from 1997 to 2004. In this position, he led a team of 14 foreign intelligence organizations, and presided over the daily activities of the Central Intelligence Agency. Prior to his appointment, he served as deputy director of the CIA, acting director and in a number of positions regarding national security. Most recently, Tenet was a member of the faculty of the Edmund A. Walsh School of Foreign Service at Georgetown University as distinguished professor in the Practice of Diplomacy and senior research associate in the Institute for the Study of Diplomacy.

In December 2004, President George W. Bush awarded him the Presidential Medal of Freedom, the United States’ highest civilian honor. He holds the two highest decorations for leadership from the CIA and the intelligence community: the Distinguished Intelligence Medal and the National Intelligence Distinguished Service Medal. The Anti-Defamation League awarded him its highest honor, the America’s Democratic Legacy Award.

Tenet holds a BSFS from the Georgetown University School of Foreign Service and an MIA from the School of International Affairs at Columbia University. He also holds honorary doctorates from Georgetown University, the University of Oklahoma, the Rochester Institute of Technology and the Joint Military Intelligence College.

GridPoint’s software platform applies information technology to the electric grid to provide utilities with an intelligent network of distributed energy resources that controls load, stores energy and produces power. The software platform offers utilities a single interface, located in a utility’s control room, for managing a variety of distributed energy assets including plug-in electric vehicles, solar panels, wind turbines, advanced storage technologies and household devices such as thermostats, electric water heaters, pool pumps, etc.

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