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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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