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CONTACT INFORMATION
SPL WorldGroup, Inc.
www.splwg.com
FOR IMMEDIATE RELEASE
Eskom Inks Major Deal with SPL
WorldGroup for CorDaptix
Investment in world-class
software demonstrates commitment to future of electricity supply in
Africa
JOHANNESBURG, SOUTH AFRICA and MORRISTOWN, NJ., August 16,
2001 - Jacob Maroga, Executive Director of the Distribution
Group of Eskom and CD Hobbs, CEO and President of SPL WorldGroup
BV (SPL WorldGroup), today formally signed a major new partnership
between the two companies in an official ceremony at Eskom's, head
office, Megawatt Park.
The ceremony signals the commencement of a major project to implement
SPL WorldGroup's world-leading customer management software, CorDaptix(,
across the distribution operations of Africa's largest utility.
Eskom is one of the world's top seven utilities, supplying electricity
to over 3.2 million customers in South Africa, and is a major innovator
in the continuing development of electricity supply on the continent.
CorDaptix will replace Eskom's existing legacy customer information
system to facilitate improved customer service.
"Eskom continues to invest in South Africa's electricity infrastructure.
The implementation of this world-class software package will allow
us to offer better service to our growing customer base and prepare
for changes in the way in which power is distributed," said
Maroga. "In selecting SPL
WorldGroup's CorDaptix, we have chosen a product with a proven ability
to scale and adapt to some of the largest energy utilities in the
world. We will also benefit through the exposure of our staff to
outstanding energy industry intellectual capital and best practice
as a result of comprehensive product training."
"It is an honor to be present in Johannesburg, South Africa,
where SPL WorldGroup was originally conceived and created, to sign
this significant agreement with Eskom," said CD Hobbs, President
and Chief Executive Officer of SPL WorldGroup. "Eskom is one
of the world's largest and most visionary electricity generators
and distributors, supplying over 95% of South Africa's power. In
choosing SPL WorldGroup and CorDaptix, Eskom has formed a relationship
with a product innovator and a company that maintains a 100% successful
track record of delivery. We are looking forward to working together
over the next 18 months and beyond."
About SPL WorldGroup
Established in 1994, SPL WorldGroup is a leading provider of best-of-breed
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
unrivalled business responsiveness. SPL employs over 600 professionals
in North America, Europe and Asia Pacific, and has delivered its
customer management products to more than 50 energy, water and waste
management customers worldwide. Visit SPL WorldGroup at
www.splwg.com or call (973) 539-6268 (New Jersey), (415) 541-9462
(San Francisco), or (800) 275-4775 within the US and Canada.
About Eskom
Eskom is South Africa's national electricity utility. It supplies
95 percent of the electricity requirement in South Africa and in
the process generates electricity equating to more than all other
suppliers in Africa combined. This electricity is provided at prices
that are among the lowest in the world, and at a time when it is
undergoing transformation to prepare itself for a more competitive
environment. In 2000, it earned revenue from electricity sales of
178 192 GWh, amounting to R23 569 million.
This achievement is a reflection of Eskom's goal to remain the provider
of the world's lowest-cost electricity for national growth and prosperity.
As a result of lowered costs and effective management, it has kept
its annual price increases to below the rate of inflation for more
than 12 consecutive years. Eskom undertook to maintain this trend
by reducing the price of electricity, in real terms, by 15 percent
between 1994 and 2000, and achieved this by 1999. In this way, Eskom
has reduced the price of electricity in real terms and contributed
to the lowering of inflation in South Africa as well.
Eskom is currently one of the top seven utilities in the world in
terms of size and sales and it intends to retain this position by
adopting strategies that strengthen its ability to react to changing
requirements while at the same time embracing flexibility to deal
with uncertainty. This position is embodied in Eskom's strategic
intent - to be a provider of energy and related services of global
stature. To this end, Eskom has been diversifying its areas of interest.
It not only focuses on electricity, but also leverages its core
competencies into energy and related services, such as gas, telecommunications
and information technology. Apart from the business of electrical
energy, Eskom is positioning itself at the cutting edge of technological
innovations. It is currently developing a variety of energy technologies,
has immense telecommunications capacity, and its information technology
capacity has been combined and reconfigured with that of two other
state-owned organizations to form one of the largest IT organizations
in the country.
2001 SPL WorldGroup, Inc. All Rights Reserved. SPL WorldGroup
SPL and CorDaptix are trademarks owned by SPL WorldGroup B.V. or
its subsidiaries. SPL WorldGroup and SPL are registered as trademarks
in the United States and in certain foreign jurisdictions. All other
brand, product and company names herein are used for identification
purposes only and are the property of their respective owners.
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