Utilismart Announces Release of Version 2.2 Upgrade To Its Residential Smart Meter Service

London, Ontario, Canada, March 13, 2009 – Utilismart Corporation, a leading provider of energy management and settlement solutions for electric and water utilities announced today, the release of its Version 2.2 upgrade to the company’s existing Utilismart Smart Metering System (USMS) and Operational Data Store (ODS) services, developed to meet the needs of residential smart meter and AMI deployments. “At Utilismart, we continually strive to exceed our customer’s expectations by delivering products and services that truly improve our customer’s business processes and the services they provide to their end-customer. The Version 2.2 upgrade adds to the functionality of our existing residential smart meter service and is consistent with our goal to place the best product possible in the marketplace”, stated Bruce Smith, President & CEO, Utilismart Corporation. “Customer driven requirements in Ontario, eastern Canada and the U.S., combined with our own belief that customers would eventually want to do more with the data we were already collecting on their behalf, continues to be at the forefront of our product development activity”, commented Smith. Specifically, the release will include the following enhancements: Full Screen Interactive Meter Map, Meter Data Load Status Reports, Overall Performance Improvement and CIS Export – Support for Large Data Exports. In terms of new functionality the release will include the following features: Remote Disconnect and Reconnect and On Request Final Read. The first production ready version of USMS was deployed in February 2008 and utilizes enterprise software applications and Tier 1 hardware platforms. The product has several key features including: data collection, data processing and storage (Operational Data Store), data delivery and web-presentment, MDM/R interfaces and services. These services are augmented by helpdesk services and supported by highly trained Lead Account Representatives. Utilismart’s tiered pricing structure offers the customer flexibility with pricing options ranging from basic data collection services to a full turnkey solution. The introduction of USMS is the latest product added to the company’s existing suite of products and services - Settlement Manager and Energy Manager which have been in service since 2002. About Utilismart Corporation: Headquartered in London, Ontario, Canada, Utilismart Corporation is a leading provider of energy and settlement management services to electric and water utilities, commercial, industrial and large use consumers in the Ontario electricity marketplace. Utilismart also provides data collection, storage, and delivery services for residential smart metering and AMI deployments. Utilismart’s service offerings are not restricted by geography, as demonstrated by a customer base that includes customers located throughout Ontario, Nova Scotia, Texas, Massachusetts and Mississippi. Utilismart Corporation operates web-based services that provide customers with critical information needed to make informed decisions about electricity and water usage. Utilismart also owns and operates WattsWorth Analysis Inc. located in Toronto, Ontario. Serving as the consulting arm of Utilismart, WattsWorth Analysis Inc. personnel provide settlement services to commercial – industrial customers, purchasing advice to municipal electricity buying groups and back office support to an Ontario market generator. For more information, please visit www.utilismartcorp.com Contact: Bruce Smith President & CEO bsmith@utilismartcorp.com (519) 652-0689