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SPL WorldGroup, Inc.
www.splwg.com

MORRISTOWN, NJ., March 22, 2001 - CD Hobbs, President & CEO of SPL WorldGroup B.V. (SPL), the leading provider of customer management solutions to the global energy industry, was featured in a recent article in Platt's Global Energy Business publication. The energy business thought leader described his views on the need for energy companies tocombine the pursuit of operating excellence with the ability toinnovate in the face of constant energy business process transformation and the challenges that they must meet tosucceed.

"... energy companies that focus on improving operating efficiency alone could be unwittingly setting the stage for their own failure or their own acquisition." said CD Hobbs in the recently published article entitled 'Why Operating Excellence is no longer enough.' "...energy companies that blindly buy intotoday's ascendant philosophy of operating excellence could find that they have become world-class in business processes that an evolving energy environment has rendered obsolete."

CD Hobbs, who previously led the Energy Information Strategies group at META Group, has been busy turning his vision in toreality at SPL since his appointment as President & CEO in August 2000. SPL have now completed organizational changes aimed at positioning the company as a product company focused exclusively on the energy industry that were announced in December 2000. SPL's new global structure will streamline the company's operations along the continuum from product conceptualization and development through sales, installation and support - each group being led by a person with extensive industry knowledge. Centralization and better utilization of resource will reduce costs and increase the focus and responsiveness of the company as a whole, improving SPL's own ability toinnovate.

"We are now able totake the benefits and capture the efficiencies of the new global organization and focus," reported CD Hobbs. "SPL already provides the most flexible and adaptable customer management solution available to energy companies and utilities globally. We recognize the need for our customers to see business benefit quickly and can boast a 100% record of successful implementations. SPL also believes that the customer requires responsive, on-going support as they in turn, have toadapt and innovate in response to their changing business opportunities."

About SPL WorldGroup
Established in 1994, SPL WorldGroup is a leading provider of customer management solutions to the energy and service related industries in regulated and competitive markets worldwide. With a 100% record of successful implementations, SPL continues to demonstrate its place as the market leader in providing flexible and scalable customer management solutions that evolve with client requirements and enable unrivaled business responsiveness. SPL employs over 500 professionals in North America, Europe, and Asia Pacific and has delivered its customer management products tomore than 50 energy customers worldwide. Visit SPL at www.splwg.com.

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