CONTACT INFORMATION

SPL WorldGroup, Inc.
www.splwg.com

MORRISTOWN, NJ., November 13, 2001 - SPL WorldGroup B.V. (SPL), the leading provider of customer management solutions to the global energy, water and waste management industries, reported that global company revenues have increased by more than 30% over the previous financial year. These financial results follow a year in which the company announced new products and services, organizationally realigned to maintain its market leading focus, and signed a significant list of new customers in the U.S., Europe, Asia and Australia.

“These very pleasing financial results reflect a year of achievement for SPL around the globe,” said CD Hobbs, President and CEO of SPL WorldGroup. “Not only have we signed 11 new customers and successfully implemented seven others, but we also introduced an innovative new product, CorDaptix, that significantly strengthens our market position, as well as launched TransFormance Group, a new consulting division. SPL has now laid the foundations on which the company will continue to serve our customers and maintain our position as market leader worldwide.”

SPL’s strength is evidenced through the signing of 11 new customers during the year. In North America, where SPL already maintains the largest installed base in the top 256 utilities, the company signed City of Cedar Falls, City of Cedar Rapids, City of Ocala, Grant County PUD, JEA Corporation, Richmond Power & Light and Waste Management, Inc., the world’s largest waste management company. Of particular note was the company’s strong performance in Europe and Africa where revenues increased by more than 250% largely attributed to success in adding significant new customers including Atlantic Electric & Gas, N.V. DELTA Nutsbedrijven, Npower and Eskom.

The addition of these customers represents a significant achievement and is indicative of a natural expansion of SPL’s focus beyond energy into a variety of other customer-focused industries including water, waste management and other services. Additionally, SPL now counts 4 out of the world’s top 10 utilities as customers.

SPL maintained its unique 100% implementation success record completing implementations at Atlantic Electric & Gas, Greys Harbor PUD, Lafayette Utilities System, Npower, Omaha Public Power District, PES and Utilicorps Networks Canada.

Following the appointment of CD Hobbs as President & CEO late last year, SPL has re-organized with a focus on delivering leading customer management products to energy and services markets worldwide. Recognizing that many of these industries face unprecedented change at a rapid pace, SPL’s vision has been to deliver a software product that can adapt with business change and provide the scalable and extensible platform or core architecture to support customers now and in the future. SPL’s new customer management core product, CorDaptix, was released earlier in the year representing the fruition of this vision.

As a result of the company’s stronger focus on software products, SPL also strengthened its management team in product strategy and product development. These appointments were designed to ensure that CorDaptix more than matched the company’s vision and to deliver product quality unmatched in the industry.

In line with the company’s best-of-breed product emphasis, SPL has built a number of relationships with other vendors and service providers including a key alliance with Siebel Systems. This strategic alliance seamlessly integrates the leading customer management and CRM products in the market. Closer ties with leading services organizations such as Accenture and Logica translated into new customers and new opportunities throughout the year.

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 unrivaled 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 within the US and Canada, (800) 275-4775.

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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