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FS Holdco, LLC, an entity jointly owned by FirstEnergy Corporation, First Communications, Inc. and two private equity firms, is the single owner of Intelligent Grid Solutions, LLC (IGSolutions). With the financial backing and support of these major investors, IGSolutions enters the Smart Grid space with vigor, enthusiasm and confidence.

FirstEnergy (NYSE: FE) is a diversified energy company headquartered in Akron, Ohio with subsidiaries and affiliates that are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. It has seven electric utility operating companies that collectively comprise the nation's fifth largest investor-owned electric system with 4.5 million customers within a 36,100-square-mile area of Ohio, Pennsylvania and New Jersey.

First Communications, Inc. (AIM: FCOM) is the U.S. based telecommunications holding company for First Communications, LLC which is an independent telecommunications carrier providing a broad suite of telecommunications services, including traditional and Internet Protocol (“IP”) based communication services to both commercial and residential customers. Their data and voice solutions include local and long-distance voice, dedicated Internet access, virtual private networking, managed network services, fixed wireless, and broadband over power line solutions, conference calling, high-capacity private line services and other integrated data and voice solutions. The Company is based in Akron, Ohio and also has FirstEnergy Corp and The Gores Group as investors.