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CONTACT INFORMATION
SAIC
www.saic.com
FOR IMMEDIATE RELEASE
SAIC's EnerLink Division and
Rateminer Announce Strategic Relationship
Industry Leaders to
Combine Technologies for Energy Cost Information and Analysis Services
NORCROSS, GA,. December 13, 1999 - Science Applications
International Corporation's (SAIC) EnerLink division today announced
a strategic relationship with RateMiner, a Bentek subsidiary, that
will allow RateMiner to license EnerLink's rate modeling language
technology to create a national Web-based electric tariff analysis
system.
"RateMiner will leverage EnerLink's software experience in
the electric utility market and its tariff base to Deliver timely
and accurate tariff information to national energy suppliers, energy
service companies (ESCOs), and consumers," said Porter Bennett,
chief executive officer of RateMiner.
"Using EnerLink's technology, RateMiner will provide the comprehensive
tariff database and analysis tools needed for success in the competitive
gas and power retail marketplace."
"RateMiner's expertise in providing tariff analysis tools
to the gas industry and EnerLink's capability to model complex electric
contract structures will enable RateMiner to Offer energy cost analysis
tools to the power industry," said Connor Gray, vice president
and division manager of EnerLink. "This relationship will benefit
EnerLink customers as we continue to develop and expand our software
capabilities, and as our rate modeling language becomes the industry
standard. By forging alliances with market leaders such as RateMiner,
EnerLink will provide more complete solutions for energy suppliers
in the changing market."
About Bentek
Bentek was founded in 1985 to help clients better understand
and take advantage of the opportunities created by energy deregulation.
RateMiner, a Bentek company based in Lakewood, Colo., offers cost
effective and comprehensive solutions togas and electric tariff
needs. RateMiner's integrated tariff solutions include the availability
of tariff rate books, daily-updated, accurate rate models, and advanced
analysis software.
About EnerLink
EnerLink, a division of SAIC, provides advanced energy information
and complex billing products and services to utilities and other
energy suppliers. With more than 5,000 users and 40 utility customers
across North America, EnerLink is a leading developer of energy
information software for interval-based rates. More information
about the full suite of EnerLink products and services can be found
on the Internet at www.enerlink.com.
About SAIC
SAIC is the nation's largest employee-owned research and engineering
company, providing information technology and systems integration
products and services to government and commercial customers. SAIC
scientists and engineers work to Solve complex technical problems
in telecommunications, national security, health care, transportation,
energy, the environment, and financial services. With annual revenues
of $4.7 billion, SAIC and its subsidiaries, including Telcordia
Technologies (formerly Bellcore), have more than 38,000 employees
at offices in more than 150 cities worldwide. More information about
SAIC can be found at www.saic.com.
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