CONTACT INFORMATION

Excelergy
www.excelergy.com

PricewaterhouseCoopers
www.pwcglobal.com

CAMBRIDGE, MA., December 2, 1999 – PricewaterhouseCoopers, the world's largest professional services organization, and Excelergy Corporation, a leading provider of Web-based customer information and transaction management technology to the deregulated retail energy market, have formed a global alliance to provide deregulated energy suppliers Excelergy’s suite of Web-based software products along with PricewaterhouseCoopers’ proven integration skills and strategy services.

The wide-ranging alliance calls for close collaboration between the two firms on sales, marketing, and promotional activities to energy suppliers.

According to Bob Vallee, utilities industry partner at PricewaterhouseCoopers, “This agreement will help further our goal to provide utility companies and energy service providers with world-class software solutions and services for the deregulated marketplace.”

"We are very excited about this relationship with PricewaterhouseCoopers to Deliver the smartest, most advanced technology in billing, customer care and transaction management systems to the industry,” said Cary Bullock, president of Excelergy. “PricewaterhouseCoopers has enormous credibility in the energy market, and worldwide range and reach. We are both committed to Delivering a lot of value to our mutual clients, and we look forward to great success as a team.”

Excelergy’s highly scalable product suite includes Excelergy ABP™ 3000™ (Advanced Billing Platform), Excelergy eXACT™ (electronic information transaction system) and Excelergy WERCS™ (Web-enabled Response Channel System). Excelergy’s products integrate Electronic Business Transactions (EBT) directly into the customer record utilizing protocols such as Electronic Data Interchange (EDI) and eXtensible Markup Language (XML). Excelergy has developed multi-state and multi-jurisdictional solutions built directly for the deregulated energy industry, a market expected to be worth more than $300 billion within the next decade. "

Solution demonstrations of Excelergy’s products are currently available at The Zone, PricewaterhouseCoopers Industry Solution Center in Philadelphia, PA. The Zone is a full-service; industry focused solution delivery center featuring state-of-the-art demonstration, development and training capabilities.

PricewaterhouseCoopers' agreement with Excelergy is part of the organization's aggressive E-Business management consulting strategy which includes forming business relationships with technology and service providers that enhance the organization's ability to provide total e-business solutions to companies.

PricewaterhouseCoopers’ Customer Relationship Management (CRM) practice provides integrated end-to-end CRM solutions that transform how companies market, sell and serve their customers. With more than 1,600 experienced CRM practitioners worldwide, PricewaterhouseCoopers delivers its Market-Intelligent EnterpriseSM (MIE) vision: aligning front and back-office strategies and activities to proactively manage customer information and relationships, develop and integrate multiple sales and service channels and manage product and service innovation and time-to-market for sustainable and profitable growth.

About PricewaterhouseCoopers
PricewaterhouseCoopers (www.pwcglobal.com) is the world's leading professional services organization. Drawing on the knowledge and skills of 150,000 people in 150 countries, it helps clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance. PricewaterhouseCoopers refers to the US firm of PricewaterhouseCoopers LLP and other members of the worldwide PricewaterhouseCoopers organization.

About Excelergy
Excelergy is the deregulating energy marketplace’s leading provider of Web-based customer information and transaction management technology. From developing innovative billing software platforms to publishing the retail energy industry’s first XML standards to Offering e-ChoiceNet, an auction site for retail energy procurement, Excelergy is giving energy companies a competitive advantage in the New Energy Economy.* Headquartered in Cambridge, Mass., Excelergy has offices in Atlanta, Georgia and Santa Monica, California. More information is available at www.excelergy.com.

*New Energy Economy: Emerging from the nationwide deregulation of the electricity and gas industries, the deregulated retail energy market is estimated to be more than $300 billion in the U.S. alone by 2005. This energy economy is spawning new technologies, new companies and increased competition for customers who will soon be able to shop online for their gas and electricity. Central to the New Energy Economy is the critical need for knowledge and information management systems and tools dedicated toderegulation.

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