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CONTACT INFORMATION
Excelergy
www.excelergy.com
FOR IMMEDIATE RELEASE
Excelergy Corporation Appoints
Jay Sherry Vice President of Marketing
Rapidly Growing Energy
E-Commerce Company Adds Experienced Marketing Executive
CAMBRIDGE, MA., September 20, 1999 – Excelergy, a
leader in application and transaction services for the energy market,
announced that Jay Sherry has joined the company as vice president
of marketing. Sherry will be responsible for all the marketing activities,
including product management, strategic alliances and market development
for Excelergy’s suite of billing and customer information software
and Energymarketplace.com, Excelergy’s newly acquired Internet-based
shopping center for energy. Energymarketplace.com provides consumers
with energy choice information and allows energy service providers
to respond to requests for proposal from energy customers over the
Internet.
“Jay has arrived at Excelergy at just the right time,” said Cary
Bullock, founder and president of Excelergy. “ “He will lead us
in building the brand called Excelergy and in making sure that our
products and services, among the most innovative in the deregulated
energy industry, will continue to be the market leaders. We are
absolutely thrilled to have him onboard.”
In addition to energy Marketplace, Sherry will also be responsible
for marketing the company’s advanced software products, including
Excelergy ABP™ 1200 (Advanced Billing Platform), Excelergy eXACT™
(Electronic information transaction system) and Excelergy WERCS™
(Web-enabled Response Channel System) to the retail energy market.
Sherry brings to Excelergy over 20 years of wide-ranging computer
industry experience with a number of companies. Previously, he headed
up worldwide marketing for Kenan Systems, a $180M provider of enterprise
application software and services to the telecommunications industry.
He was a key contributor to Kenan’s ten-fold growth over the past
three years, culminating in its acquisition by Lucent Technologies.
Previously he worked for IBM for 13 years where among his responsibilities
was the brand management of the Netfinity PC Server and RS/6000
UNIX server product lines.
Sherry received a Sc.B. in Applied Mathematics from Brown University
and an MBA from Harvard Business School.
Understanding the new business paradigm of the deregulated energy
industry — a market estimated to be $300 billion— Excelergy developed
its software solutions to be flexible, scalable and web-based to
lower transaction costs and improve customer service. As a result,
Excelergy has grown rapidly to become one of the leaders in billing,
customer care and transaction management solutions for the retail
energy market. Excelergy’s energymarketplace.com provides business-to-business
e-commerce services totop utility companies throughout the United
States. Some of Excelergy’s customers include: Allegheny Energy,
First Energy Services, Penn Power, Southern California Gas Co, PG&E,
SDG&E, Commonwealth Energy Corp., Duke Energy Trading and Marketing,
L.L.C., Illinova Energy Partners, SCANA Energy Marketing, TXU Energy
Services, Utilicorp Energy Solutions and Constellation Energy. Visit
the Excelergy web site at www.excelergy.com.
Excelergy ABP 1200, Excelergy EXACT and, Excelergy WERCS are
all trademarks of Excelergy Corporation
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