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LEXINGTON, MA., January 26, 2001 – Excelergy Corporation, the leading software provider to the restructuring global energy markets, has hired Vincent J. Mauro as the company’s new vice president of global sales. Mauro will direct Excelergy’s continued expansion into energy software and information technology markets throughout the world.

“After a stellar year of expanding and strengthening our client base in North America, we were looking for an experienced sales executive to direct our continued growth,” said Bill Mahoney, Excelergy’s president and CEO. “With his successful experience directing sales efforts for several major high-technology growth firms, Vincent was an ideal choice to help our company continue to make significant inroads in both North American and overseas markets.”

Excelergy recently opened its first European office in Bristol, England, and within 90 days signed its first utility customer in continental Europe (a related announcement is forthcoming soon). Mauro’s efforts will focus on the overall expansion of Excelergy’s client base in regulated and deregulated energy markets worldwide. Mauro is currently expanding field sales resources in North America, and is working with Stephen Prince, Excelergy’s vice president of global channels, to tap Excelergy’s alliances with major global consulting firms such as Cap Gemini Ernst & Young and PricewaterhouseCoopers.

Mauro, 40, is a longtime software sales and marketing executive and manager, most recently serving as vice president of eastern region sales with application service provider Corio Inc. Prior to that, Mauro served as regional vice president for PeopleSoft, where he was responsible for both sales and service for all PeopleSoft mid-market customers in eastern Canada and the northeastern United States. Before his tenure at PeopleSoft, he served as regional sales director with Connecticut-based Hyperion Solutions. Mauro began his sales and marketing career with Dun & Bradstreet Software.

Mauro holds a bachelor’s degree in business administration from Pace University in New York, and also attended Columbia University’s Executive Marketing Program.

About Excelergy
Excelergy delivers complete software technology to utilities and retail energy companies operating in restructuring global energy markets. 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 has additional US offices in Santa Monica, CA and Atlanta, GA. Its European headquarters are located in Bristol, England. More information is available at www.excelergy.com.

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