The corrected release reads:

EMETER TECHNOLOGY ENABLES TIME-OF-USE BILLING AND REMOTE SERVICE ORDERS FOR HOUSTON RETAIL ELECTRIC PROVIDERS

eMeter, the global leader in Smart Grid management software, announces the successful deployment of eMeter's EnergyIP meter data management (MDM) systems as a foundational component of the Advanced Metering System (AMS) program of CenterPoint Energy's (NYSE:CNP) electric transmission and distribution subsidiary, CenterPoint Houston Electric, LLC. Through this program, CenterPoint Energy has deployed 45,000 smart meters in its service territory and expects to install a total of 145,000 smart meters this year, with a plan to roll out more than 2 million meters by 2014.

eMeter's Energy IP software provides a platform that enables competitive Retail Electric Providers (REPs) in CenterPoint Energy's electric service territory to offer innovative pricing models and services such as time-of-use pricing. The system also facilitates the remote reading, connection and disconnection of electric meters.

"CenterPoint Energy is committed to providing REPs with the tools they need to offer an array of real-time advanced metering services to their customers," said Kenny Mercado, division senior vice president, Advanced Metering System Deployment. "eMeter's software provides metering and operational information that we need for a successful AMS deployment, and we are beginning to see improvements in meter-related automation and a reduction in truck rolls."

eMeter's unique EnergyIP advanced data management architecture will enable CenterPoint Energy to provide REPs with remote meter readings on demand as well as access to electric usage data in 15-minute intervals through a web site portal.

"EnergyIP is the system capable of providing Retail Electric Providers with the event driven, actionable information they need to innovate on service and optimize operations," explained eMeter CEO Cree Edwards. "eMeter's advanced architecture has the unique flexibility to accommodate multiple retailers, meter suppliers and networks inherent to deregulated markets like Texas. This functionality is essential to enabling CenterPoint Energy's current AMS program and any future Smart Grid initiatives."

About eMeter:

eMeter provides the essential software that enables electric gas and water utilities to realize the full benefits of Smart Grid. Leading utilities worldwide depend oneMeter Smart Grid Management software to reduce operational costs, increase service reliability, and drive energy efficiency. eMeter's management team has been at the forefront of smart metering and grid management for 25 years. With over 24 million meters under contract today,the company has built a reputation for unparalleled experience, quality, operational sophistication and professionalism that ensures customer success. For more information visit www.emeter.com.

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