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News 2003

 

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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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