[April 05, 2011]

Calico Energy Services Obtains Strategic Growth Capital From Point B Capital

Calico Energy Services (www.calicoenergy.com), the market leader in interoperable energy data management solutions, announced today that it has received financial backing from Point B Capital (www.pointbcap.com) and engaged the services of Point B (www.pointb.com), a management consulting firm that specializes in strategic execution. The investment provides capital to accelerate the Company's growth, and will allow Calico to leverage Point B's objective leadership capabilities and broad portfolio of management consulting services.

"We are very pleased to announce our partnership with Point B and Point B Capital," said Michael Miller, President and COO of Calico Energy Services. "In addition to the capital investment that Point B Capital has made, Point B brings significant strategic value to our company. Through the domain expertise of more than 400 consultants, Point B will help Calico continue to elevate our level of execution, accelerate our velocity, and maximize our spectrum of opportunity."

Mr. Miller commented that Calico has recently been evaluating potential investors, and selected Point B Capital because of the strategic value they bring as well as the alignment between Point B's consulting approach and Calico's management strategy.

Point B Capital, a wholly owned subsidiary of Point B, applied the depth and breadth of Point B's Subject Matter Experts and their experience in Smart Grid technology deployments to anextensive due diligence process. Based on a thorough review of Calico's management team, products, technology, and go-to-market strategy, Point B Capital determined that Calico aligned extremely well with their investment criteria and focus.

"The more we learned about Calico during our due diligence process, the more impressed we became with the robustness and scalability of their software platform and the maturity of their team," said Henry Lin, Managing Director for Point B Capital. "They have consistently demonstrated an outstanding ability to execute, and are clearly defining a new, high-potential segment in the Smart Grid market. We are also impressed with how capital efficient the company has been - Calico's team has clearly demonstrated the ability to win customer contracts and achieve a positive cash flow. Along with our investment, we see an immediate opportunity to leverage Point B's execution know-how and its deep knowledge of the utility industry and relevant relationships to help Calico address key growth initiatives in the years to come."

"Point B Capital is an entrepreneur-friendly investment firm that is building a diverse portfolio of investments based on shared alignment, customer focus, and corporate values," said John Bjornson, President of Point B Capital. "Point B Capital's goal is to create enduring companies by playing an active role in the company's management and identifying the best long-term strategy for success."

About Point B Capital

Point B Capital is a wholly owned subsidiary of Point B (www.pointb.com) that launches, inquires and invests in a select group of entrepreneurial businesses. Point B Capital's relationship with Point B brings a unique insight into winning companies - with over 15 years of helping them grow and thrive.

Point B Capital makes equity investments and manages complex deals that capture value and leverages the rich relationships that Point B has developed since 1995. The Point B Capital/Point B network includes more than 300 clients across 27 industries. The firm builds value for both portfolio companies and Point B's broader client base by bringing the two together for mutual benefit.

To learn more about Point B Capital, visit www.pointbcap.com.

About Calico Energy Services

Calico Energy Services offers a secure software platform that simplifies Smart Grid data management and services - providing customers with energy intelligence, improved efficiency, reduced costs, and increased profit through a unified solution.

The company's flagship product, Energy Intelligence Suite™, is an award-winning software service that provides modular solutions for Smart Grid integration and enablement. These include: energy data aggregation and analytics; command and control; demand side management; and intuitive technologies that engage customers in long-term strategies for efficiency and energy reduction.

Calico's solutions are delivered by an experienced team of industry specialists who lead an honest, open assessment to help customers plan, architect, integrate and rapidly deploy a successful solution.

To learn more about Calico Energy Services, please visit www.calicoenergy.com and www.pointbcap.com

Calico Energy Services is a trademark of Calico Energy, Inc. Point B and Point B Capital, LLC are trademarks of Point BInc. All product and company names mentioned herein may be trademarks of their respective owners in the U.S. and other countries.

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