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ATLANTA, GA., October 26, 2000 - Peace Software, a global provider of the leading e-Business solution for retail energy companies, and Nordic Electric L.L.C., the largest independent non-utility retail power supplier in Michigan, today announced the deployment in just 10 weeks of Peace's Energy solution for integrated customer and commodity management at Nordic Electric.

"This 10-week milestone was achieved due to our implementation team's collective experience and ability to prioritize project goals, the Energy system's web-based open architecture, and Nordic's committed involvement," said Brian Peace, chairman and CEO of Peace Software. "As a result of the success of this fast-track project, Nordic Electric will be able to rapidly enter and capitalize on emerging opportunities in retail energy markets."

John Baardson, CEO and founder, Nordic Electric, said, "Peace Software's technically advanced Energy system and experienced staff enabled us to take this quantum leap forward in securing our competitive future in the C&I market. We have completely revolutionized our customer information systems in under 90 days. The new system supports customer data access through Internet hyperlinks, and allows Nordic to implement complex billing features which we will need in order to compete in the deregulating energy markets."

Nordic Electric focuses exclusively on commercial and industrial (C&I)  customers. As a result, they required complex billing functionality, including dual billing with aggregation. One of its largest customers has in excess of 1100 premises, with many premises having multiple meters. It was required that all data must be consolidated and billed appropriately for different rates and tariffs in different markets. "Billing was a top challenge and priority for the team," continued Brian Peace. "The Energy system's flexible billing capabilities, coupled with the project team's experience and knowledge in tariff and rate adjustments, played a  significant role in speeding deployment time."  

The Energy system's Browser User Interface (BUI) further accelerated time to deployment. The BUI leverages the latest capabilities of browser technology and eliminates the need to install operating software on individual browser desktop computers.

About Peace Software
Peace Software International delivers the broadest and most comprehensive e-business solutions to the global retail energy market. The industry-leading Energy suite is being rapidly deployed in 20 deregulating markets spanning North America and Australasia. Based on industry standards, the innovative and customer-proven Energy suite integrates  comprehensive customer care, e-Commerce and customer self-service, EBPP  for C&I and mass markets, and commodity management. Headquartered in Atlanta and founded in 1984, Peace is a global company with offices in the United States, Canada, Australia and New Zealand. Visit us at www.peace.com.

About Nordic Electric L.L.C
Nordic Electric is the largest independent, non-utility power provider to retail customers in Michigan. An early innovator in the Michigan marketplace, the company has been delivering power to Michigan customers since 1997. Nordic prides itself on its strong customer focus resulting in high service quality and cost savings for the client. This involves providing reliable and competitive power supplies, innovative metering and real-time monitoring, advanced billing and bill analysis, and efficient operations.

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