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CONTACT INFORMATION
USPowerSolutions
www.uspowersolutions.com
FOR IMMEDIATE RELEASE
USPowerSolutions Selected by
Econnergy Energy Company Inc. to provide PowerSolution® Services Throughout
the Northeast and Mid-Atlantic Regions
CAMBRIDGE, MA. and SPRING VALLEY, NY., April 9, 2001 - USPowerSolutions,
the leading Business Service Provider (BSP) of customer-centric,
enterprise-wide solutions for the restructuring energy marketplace,
has been selected by ECONnergy Energy Company Inc., an Energy Service
Provider (ESP), to provide PowerSolution services throughout the
Northeast and Mid-Atlantic regions."We analyzed many of the
stand-alone software tools that are available today for energy companies
like ours. After much research, we selected USPowerSolutions' "total
solution" in preference to a single application. We want to
streamline our entry into new markets, obtain a complete view of
our customers, and manage the complexity that we are encountering
on a daily basis with utilities, customers, and other partners.
To accomplish this cost-effectively and efficiently, we require
a platform that pre-integrates various applications into a single
solution. USPowerSolutions' regulatory knowledge, speed-to-market,
and "best-of-breed" solutions give us the flexibility
we need in a marketplace that is constantly changing due to the
regulatory, technological, and financial challenges of energy restructuring,"
as stated by Iris S. Margolin, Chief Operating Officer of ECONnergy
Energy Company Inc.
PowerSolution, USPowerSolutions' core technology platform for retail
electric and natural gas companies, manages all of an energy company's
enterprise data and business rules while seamlessly integrating
with best-of-breed applications, external trading partners, and
legacy systems through a common interface. Not only does it process
data, manage information and enhance business decisions across the
enterprise but it also provides the foundation for billing, customer
care, load forecasting, scheduling, and other value-added applications
that span the Energy Value Chain.
PowerSolution will provide ECONnergy Energy Company with significantly
greater value than it would achieve with traditionally stand-alone
software tools or applications.According to Alex Kanuth, President
and CEO of USPowerSolutions, "We are thrilled to be chosen
as ECONnergy Energy Company's retail market strategy partner. By
selecting our PowerSolution platform that incorporates trading partner/transaction
management, customer care and billing functionalities, ECONnergy
is able to enhance and effectively manage their relationships with
customers, utilities and other market providers. ECONnergy understands
the importance of rapid market entry and superior customer service
to their business model as well as the need to automate the highly
complex transactions with their supply chain partners. In the meantime,
we look forward to working closely with ECONnergy and providing
them with the solutions they need for swift customer acquisition,
increased geographic expansion and superior customer service. This
is truly an exciting time for USPowerSolutions."
About ECONnergy Energy Company Inc.
Based in Rockland County, NY, ECONnergy is a leading energy service
company providing electric and natural gas supply to residential
and business customers throughout the Northeast. ECONnergy has grown
rapidly since its founding in 1997, and today serves over 100,000
customers. A privately held company supplying energy for over four
years, ECONnergy seeks to capitalize on the opportunities created
by the ongoing deregulation of the utility industry in the United
States. For additional information regarding ECONnergy's history,
products and services please refer to www.econnergy.com.
About USPowerSolutions
USPowerSolutions is the leading Business Service Provider of customer-centric,
enterprise-wide solutions for the restructuring energy marketplace.
PowerSolutionÒ provides energy companies with a single integrated
point of access to best-of-breed providers across the entire energy
value chain. Using an innovative and proprietary technology platform
and a unique application delivery method, USPowerSolutions is able
to very rapidly deploy world-class enterprise information systems
that are cost effective, easy to manage, and highly flexible. USPowerSolutions'
customers include some of the most innovative energy companies in
North America. Headquartered in Cambridge, MA, USPowerSolutions
can be accessed via the Web at .
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