CONTACT INFORMATION

Teldata, Inc.
www.teldatasolutions.com

CHICAGO, IL, (BUSINESS WIRE) September 17, 1999 -Teldata, Inc. announces the appointment of Graham Nicoll to the position of President and CEO. In concert with the company's January acquisition by The National Grid Group plc, Mr. Nicoll, a former Grid executive, brings an extensive background in load data management and an aggressive agenda for the company's immediate and long term future.

Most recently responsible for the inception and growth of the National Grid's subsidiary Datum Solutions, Mr. Nicoll and Datum were among the first providers of complete data management solutions to the deregulated European marketplace.

"There are many parallels between deregulation in the US and what has already occurred in the UK and Europe,'' Nicoll observes. ``Much of what we've learned at National Grid and Datum Solutions we can now apply here in the US. Following considerable due diligence, we've determined that Teldata is uniquely ahead of the game in the realms of technology and product offerings. The challenge now before us is to Support and expand these offerings; and we intend to do so by applying the collective experiences and resources of the largest independent energy provider in the world.''

Among the first initiatives for the company has been the development of a new corporate identification program that more accurately reflects the direction of the company. A new logo, signifying universal solutions, is now accompanied by the theme statement: The difference between metering and managing.

"Teldata has for a long time been recognized as a major metering provider, and this was a fine image to have back when metering was the focal point of the marketplace. But now that Teldata's technology has evolved, it's time to Move beyond the meter. It's time we as a company started to talk about the complete set of tools we offer and our abilities in application engineering. We have the ability to show our customers how to capture load data in all of its unlimited configurations, enabling them to at last make informed decisions, enabling them to act now to Reduce energy-related costs, compete more effectively, and plan for the future.''

According to Mr. Nicoll, the company's expertise in the realms of automatic meter reading (AMR), customer information systems (CIS), and data management services (DMS), are strengths the marketplace has yet to learn about.

"There is most certainly a difference between metering and managing,'' Mr. Nicoll concludes. ``Our challenge is to connect with the many decision makers who understand this profound difference; because those are the same decision makers who will see in us the kind of people and technology support they need.''

Teldata is an information technology company specializing in solutions that fulfill the expanding information needs of utilities and their customers. Teldata's suite of products and services includes strategic metering systems, AMR, customer-secure Internet-based energy information services, Oracle® based customer management and billing system, and end-to-end revenue cycle services. With more than 25 years experience in the AMR industry Teldata holds 13 AMR-related patents. Teldata is a wholly owned subsidiary of the National Grid Group plc - the largest independently owned transmission company in the world. For more information on the combined resources of Teldata, FirstPoint and NGG, visit Teldata's website at www.teldatasolutions.com.

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