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USPowerSolutions


FOR IMMEDIATE RELEASE
USPowerSolutions Announces Membership in the ASP Industry Consortium

CAMBRIDGE, MA., August 15, 2000 - USPowerSolutions, a leading B2B Service Provider in e-commerce technology for the deregulated energy industry, today announces membership in the Application Service Provider Industry Consortium (ASPIC).

Formed by 25 leading technology companies in May of 1999, the ASPIC is an international advocacy group supporting the ASP industry by establishing guidelines for business practices, sponsoring research, educating the marketplace, and promoting best practices. Its 600 members benefit from the generation of notable business opportunities and continued industry direction setting. Members have access to industry research, the advantage of collaborative efforts of all members, and the opportunity to be part of promotional and educational activities.

The Consortium's work is carried out through five committees through which they promote key initiatives, these are: Education, Best Practices, Membership, Research, and End Users Committee. According to the Consortium ASPs give customers a viable alternative to procuring and implementing complex systems themselves. ASPs provide customers with a comprehensive alternative to building and managing internal information technology operations. ASP customers are better able to control the total cost of technology ownership through scheduled payment schemes.

"We are thrilled about our membership in the ASPIC and look forward to making significant contributions to the group," says Alex Kanuth, CEO of USPowerSolutions. "As the preferred method for application delivery has migrated to the Web, the ASPIC consistently remains at the leading edge of the technology movement. As a member, we will be active in promoting best practices within the emerging retail energy market where the demand for Web-based application service delivery is steadily increasing." USPowerSolutions joins the ASPIC as the 563rd member.

About USPowerSolutions
USPowerSolutions provides relevant Internet technology solutions to interconnect 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 can increase profitability by expanding operations more rapidly, 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 to fit specific needs.

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