USCL Corp was organized as an electronic product development company by Tom Tamarkin in 1995. It was financed through a series of SEC exempt Regulation "D" private placement offerings in the 2001-2010 time frames. Mr. Tamarkin & the company are widely credited for the design of, and the electrical utility industry's adoption of, the new generation of "Smart Meters" replacing the old fashion installed base of 125 million single phase electro-mechanical kilowatt-hour meters. The company was directly responsible for the State of California's PUC mandate regarding AMI or advanced meter infrastructure and Southern California Edison's (SCE) early Smart Meter program including the development of the DM-06 smart meter specification for SCE which became the benchmark functional and operational specification for all modern ANSI certification compliant meters used by American electrical utilities. USCL's emphasis has always been on the provision of real time feedback of energy consumption and cost information to the consumer. USCL pioneered and promulgated the concept of the smart meter connected to the utility company by public WAN (Wide Area Network) and to the consumer by a ZigBee based LAN (Local Area Network) including heating & cooling thermostats, and the IoT (Internet of Things) connection to energy consuming devices allowing the display and control of energy information via smart phones. Follow this link
to learn how USCL spent over a decade leading the way.
Tom Tamarkin was granted patents on the smart meter and related system communications in the U.S., Israel, the European Union, and China. U.S. patent number 7,379,791
, was granted May 27, 2008, 8,306,668
was granted November 6, 2012, and 8,639,390
was granted January 28, 2014.
In 2007 USCL engaged a European trust and bond company to complete and market a "synthetically-securitized, Asset Backed Security" bond offering
. The proposed bond offering would have infused over $30 million USD in funds to the company which would have allowed USCL to fulfill delivery of smart meters to Southern California Edison in 2008. However the bond rating agency, Moody's, suffered substantial losses and scrutiny after the subprime mortgage "melt down" which began at the end of 2007, and withdrew its bond rating letter for the USCL bond. Thus, the bond offering project was canceled.
Contemporaneously with the failure of the bond offering, the worldwide economy suffered a major collapse in 2008. Venture Capital companies literally stopped making investments in start-ups in the 2008-2011 time frames. In combination these events precluded the company from obtaining material investment funds.
In 2011 USCL went into a "hibernate mode" or voluntary inactive state. The business strategy was to stay under the IP radar and allow the installed base of smart meters with the latent Home Area Network interface devices to significantly expand along with the proliferation of mobile smart phones.
The USCL corporation will be revived or reincorporated pursuant to State of Nevada law as part of a reorganization process to preserve a substantial federal income tax “loss carry forward” and protect the interest of early investors.
Detailed USCL Corporation full disclosure history, status, & financial information are provided on the USCL Due Diligence
The company is currently seeking strategic partners in the advanced utility power meter, thermostat, IoT and financial services industries and related equity investment funds.
Updated May 4, 2018