CAMBRIDGE, MA., July 17, 2000 - USolutions, a leading
B2B Service Provider in e-commerce technology for the deregulated
energy industry, announces the election of Bill Southworth to
its Board of Directors.
Mr. Southworth joins other USPowerSolutions Board members including
Dr. Barry Unger, Co-founder of Xerox Imaging Systems and MIT Enterprise
Forum; Stephen Sweeney, former NStar Chairman, CEO and Director;
and Steven Parla, Director of Equity Research and Senior Natural
Gas Analyst at Credit Suisse First Boston.
Mr. Southworth brings over 25 years of experience in IT related
enterprises to USPowerSolutions. After founding HarvardNet, the
leading data CLEC in New England, he served as Chairman and CEO
until early 2000. Additionally, Mr. Southworth was a consultant
and director for various companies including: Datacube, Cayman
Systems, Kendall Square Research, and Starburst Software.
"We are extremely pleased to welcome Bill to the board,"
says Alex Kanuth, President of USPowerSolutions. "In addition
to his hefty venture financing resume, including $200M raised
last year alone, his technical expertise, and experience in founding
and nurturing technology companies will prove invaluable as USPowerSolutions
continues to grow. His foresight and experience in network infrastructure
and application services will help us achieve dominance as the
preeminent provider of interconnection and application services
in an industry that is just realizing the potential of the Internet."
"USPowerSolutions is perfectly positioned totake advantage
of the immense changes that are sweeping this $300 Billion market,"
agrees Southworth. "By providing one single interface into
the complex back office systems required tooperate, USPowerSolutions
provides new competitive energy suppliers with the ability toenter
markets rapidly and operate more profitably than with any other
solution available."
About USPowerSolutions
USPowerSolutions provides Internet technology solutions interconnecting
participants in the rapidly deregulating $300 Billion energy market.
Using a Web-based communications network, USPowerSolutions enables
electronic transactions between Distribution Companies, Customer
Acquisition Portals, Product Vendors, and Energy Service Providers,
freeing ESPs to focus on key business operations. Clients are
better able to Increase profitability by expanding operations,
delivering superior customer service, and streamlining operations
into new territories. USPowerSolutions is dedicated to meeting
client needs and providing the best solution by developing configurable
systems fitting specific needs.