CONTACT INFORMATION
FOR IMMEDIATE RELEASE Excelergy
Estabishes New Office in Europe Bristol,
England office gives Excelergy its first operations base outside North
America
LEXINGTON, MA., September 25, 2000 - Excelergy Corporation,
a provider of e-infrastructure technology to the restructuring global
energy marketplace, today announced it has opened new offices in
Bristol, England. The move comes in response to growing demand in
European energy markets for advanced software and IT systems dedicated
to helping utilities and energy companies cope with the complexities
of industry restructuring.
"We've been looking thoroughly at the restructuring European
energy markets in recent months, and concluded that it is a good
fit for our deregulated energy products and services," said
Cary Bullock, president of Excelergy. "Based on our success
in the United States, we are now moving to seize the opportunity
to Offer our expertise and experience with restructuring to the
growing number of deregulating marketplaces overseas."
Michael Baker will spearhead Excelergy's market development efforts
throughout Europe, while Robert Samwell will lead the European professional
services organization. Excelergy will continue to work closely with
its global alliance partners including Cap Gemini Ernst & Young
and PricewaterhouseCoopers to Market its products and services across
Europe.
Excelergy plans to add additional staff in Europe in the coming
months.
"Cap Gemini Ernst &Young has had great success with Excelergy
in North America and we anticipate a smooth extension into the European
market," said Bob Welch, a vice president in CGE&Y's Energy
& Utilities practice. "In our experience working with Excelergy,
they have proven their commitment to the market and the strength
of their product offerings."
"Excelergy created its core products - billing and customer
care software and trading partner data transaction management software
- with energy industry restructuring in mind," said Bob Vallee,
management consulting utilities industry partner at PricewaterhouseCoopers.
"Their deep experience with restructuring in the United States
is a solid foundation for entering deregulating markets overseas,
whether in Europe or elsewhere."
About Exelergy
Excelergy delivers complete e-infrastructure solutions to retail
energy companies operating in the global energy market. Excelergy's
innovative suite of EDI- and XML-enabled products includes the Excelergy
ABP 3000 customer billing and information system, the Excelergy
eXACT family of business-to-business transaction management solutions,
and the web-based Energymarketplace energy portal. Headquartered
in Lexington, MA, Excelergy also has US offices in Santa Monica,
CA and Atlanta, GA. More information, including office addresses,
is available at www.excelergy.com.
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