CONTACT INFORMATION
Excelergy
www.excelergy.com
Hydro One
www.hydroone.com
FOR IMMEDIATE RELEASE Hydro
One Implements Excelergy eXACT to Support Transaction and Trading
Partner Management in the Canadian Market
Ontario's Largest Electric
Utility Implements New Technology in Preparation for Deregulation
LEXINGTON, MA and TORONto, ONTARIO, CANADA, October
30, 2000 - Excelergy Corporation, a provider of leading
e-infrastructure technology solutions for the retail energy industry,
announced today that Hydro One, one of the largest electricity delivery
companies in Ontario, has implemented the Excelergy eXACT™ solution
set to provide primary data transaction and trading partner communications
management.
"We are pleased to be working with Excelergy," said Christopher
Booth, chief information officer of Hydro One Networks Company.
"Hydro One is committed to Supporting the deregulated efforts
in the Canadian market, and with Excelergy's eXACT solution we'll
be able to manage the transactions and facilitate the electronic
communications required under deregulation."
Using the eXACT solution set, Hydro One will be able tovalidate
transaction information, manage errors and exceptions and communicate
corrected information with speed, accuracy and efficiency.* eXACT
will be integrated with Hydro One's existing customer information
and billing system, Customer One, developed by Anderson Consulting.
The eXACT solution implemented for Hydro One is fully compliant
with Ontario Energy Board's mandated Electronic Business Transaction
(EBT) standards.
"Hydro One has given Excelergy the opportunity to Continue
expanding our presence in Ontario, and to build on our experience
in helping companies meet the challenges of the Canadian market,"
said Cary Bullock, president of Excelergy. "We are delighted
that Hydro One has chosen our eXACT solution to manage its growing
number of EBTs."
About Hydro One:
Hydro One (www.hydroone.com)
is principally engaged in electricity transmission, distribution,
and energy services businesses and serves approximately one million
retail customers in Ontario. Hydro One owns and operates one of
the largest transmission and distribution systems in North America.
About Excelergy:
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 U.S. offices in Santa Monica,
CA and Atlanta, GA. Its European headquarters is located in Bristol,
England. More information is available at www.excelergy.com.
* Deregulation has opened the energy market tonumerous new types
of energy companies, such as suppliers and distributors, who now
must communicate and exchange customer data electronically with
each other in order to serve their business or residential customers.
Excelergy's eXACT software was developed to allow quick and accurate
data exchange among this expanding number of new and existing market
participants. In addition, its user-friendly XML processing reduces
the need for highly technical personnel to manage transactions and
exceptions, allowing eXACT to provides greater operational savings
for all market participants.
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