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News 2003

 

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Excelergy Corporation
www.excelergy.com


FOR IMMEDIATE RELEASE
Sempra Energy Solutions Picks Excelergy's Energy Software to Handle Restructuring Energy Markets Worldwide
Excelergy's new complex billing component helps it beat competing vendors to provide software to one of the world's largest energy companies

LEXINGTON, MA., April 3, 2001 – Excelergy Corporation, provider of the world's most advanced software products and technologies for inter-company collaboration, has signed an agreement to provide Sempra Energy SolutionsSM with its Excelergy eXACTTM for automating collaboration and care between businesses and its Excelergy Advanced Business PackageTM for managing complex internal business units, such as complex billing and customer care. Sempra Energy Solutions, a leading national provider of energy services outsourcing to commercial, industrial and institutional energy markets, will use Excelergy's software suite to expand quickly into newly restructuring energy markets in the United States.

"Sempra Energy Solutions chose Excelergy because we will help them accelerate their business growth more quickly, cost-efficiently, and at lower risk than anyone else," said Bill Mahoney, Excelergy's president and chief executive officer. "We're pleased to provide them with the speed, the functionality and the flexibility they need to quickly enter new markets and pursue the largest and most demanding C&I customers. This really validates the value we offer our clients."

With Excelergy's software, Sempra Energy Solutions will expand the marketing of its offerings to large commercial and industrial customers in target market segments across the nation. Specifically, the company will use Excelergy's software to make customer enrollment, service, billing, retention and satisfaction more cost-efficient and accurate, particularly  across multiple jurisdictions and state lines. Sempra Energy Solutions also noted that the sound technical integration of Excelergy's object-based components will keep set-up and integration time and costs to a minimum.

Excelergy's software suite now includes a complex billing component to augment the Excelergy Advanced Business Package's core business functionality as well as Excelergy eXACT's trading partner management capability. It also includes Excelergy's forecasting and settlement configuration, aimed at minimizing disruptions due to wholesale price fluctuations and power shortages.

About Excelergy
Excelergy delivers the world's most advanced software products and technologies for inter-company collaboration between businesses operating in restructuring markets, such as the global energy and utility industry.  Excelergy's unique suite of object-based, XML-enabled products includes Excelergy eXACT* for automating collaboration and care among businesses and Excelergy Advanced Business Package* for managing complex business
units producing multiple revenue streams. Excelergy's North American headquarters are located in Lexington, MA, with its European headquarters located in Bristol, England. More information is available at www.excelergy.com

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