CONTACT INFORMATION

SPL WorldGroup, Inc.
www.splwg.com

MORRISTOWN, NJ ., December 12, 2001 - Following a year of sustained global revenue and installed base growth, SPL WorldGroup, B.V. (SPL), has announced the creation of new Chief Operating Officer (COO) and Chief Technology Officer (CTO) senior management positions. Additionally, company President & CEO; CD Hobbs was recently appointed Chairman of SPL’s Board of Directors. The new management positions are designed to increase the efficiency of the SPL senior management team and of management oversight as SPL continues its growth, especially in overseas markets.

Mr. David Mulit has been appointed SPL’s new COO. Mr. Mulit most recently served as SPL’s Senior Vice President of Global Delivery, a responsibility that he will maintain in his new role, which now includes SPL’s Global Sales and HR functions.

Mr. J. Guerry Waters’ role will increase to that of CTO , where he will manage Information Technology, along with his existing Global Marketing and Product Strategy responsibilities. Mr. Waters will be responsible for the technical footprint of the company’s software products as well as overseeing development of the infrastructure critical to the execution of SPL’s business strategy.

“Dave Mulit has a track record of strong leadership and management in global delivery where SPL maintains a remarkable 100% implementation track record. He will now expand his abilities and expertise over a broader set of functions critical to SPL’s continued success”, said CD Hobbs, SPL President & CEO. “Guerry Waters was previously CTO for one of the world’s largest utilities and we are leveraging his valuable experience and insight in his newly expanded role at SPL. Under his direction, SPL’s winning technology and product strategies will gain even greater industry visibility.”

Additionally, SPL has appointed Mr. Peter M. Thomas to the role of Senior Vice President, Global Sales. Mr. Thomas was previously Senior Vice President, U.S. Sales for META Group, Inc. a leading research and advisory company. While at META, Mr. Thomas was instrumental in building the successful vertical industry sales teams and had previously led its Energy industry sales team. With a successful track record of working in operational management and sales roles in both the technology and software sectors, including key contributions with Eurosoft International, Inc. and Precision Software, Inc., Mr. Thomas brings tremendous experience to the SPL management team.

“With a strong sales background in technology and software, along with valuable experience gained in building successful vertical industry sales teams with META Group, I am looking forward to contributing to SPL’s ongoing success”, said Mr. Peter Thomas. “I have enormous respect for CD Hobbs’ vision and the strong management team that he has formed at SPL and I believe that, when combined with SPL’s innovative software products and services, SPL is strongly positioned to continue to deliver success.”

The company’s growing global customer base now spans energy, waste management and water industries. These new roles and responsibilities will assist SPL to build the infrastructure and maintain the management focus it believes is required to sustain its growth while continuing to provide its customers with market-leading implementations and customer-support services.

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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