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CONTACT INFORMATION
NWP
www.nwpco.com
FOR IMMEDIATE RELEASE
Randy Lintecum Joins National Water
as Chairman and CEO
Appointment comes as NWP positions
itself for strong growth
SANTA ANA, CA., January 16, 2002 - National Water &
Power (NWP), the nation’s leading provider of utility billing services
and customer information systems (CIS) software for utilities, has
announced the appointment of Randy Lintecum as Chairman and CEO.
Lintecum will be based at the firm’s Santa Ana headquarters, where
he will be responsible for the overall performance and operational
growth of NWP and its two tightly integrated business units, NWP
Billing and Open-c Solutions.
NWP Billing provides outsourced billing services to real estate
owners. Open-c Solutions focuses on customer information systems
(CIS) software for major utilities and billing service companies.
“We are very pleased to have Randy join us as the CEO of NWP,”
said Anthony Buffa, Managing General Partner of Endeavor Capital
Management and Director and former Chairman of the Board for NWP.
“Randy comes to NWP with an impressive record of building market
leading technology and billing companies. His deep knowledge of
both the billing and software sectors makes him the ideal individual
to prepare NWP for its next stage of growth.”
Prior to joining NWP, Lintecum served as Chairman and CEO of Realty
Plus Online (RPO), an award-winning Internet technology company
focusing on the real estate industry. During his tenure at RPO,
Lintecum directed the development of the first technology for online
real estate closings and secured a multi-million dollar contract
with a national real estate brokerage firm for its use.
Before his post at RPO, Lintecum was president and CEO for Output
Technology Solutions (OTS), the nation’s largest provider of outsourced
statement processing and billing services. In just five years, he
grew the company from $95 million in revenues to more than $450
million and was responsible for the successful acquisition of major
new billing customers, including UPS, Ford Motor Credit, FEDEX and
AT&T Wireless.
Lintecum has also held top executive positions at such leading
companies as International Billing Services, USCS International
and Computer Sciences Corporation/Infonet Services.
“I am very excited to be joining NWP and the highly talented and
successful teams in place at both NWP Billing and Open-c Solutions,”
said Lintecum. “Over the last several years, these teams have helped
position NWP Billing as a leading billing company in the U.S. with
an extensive portfolio of services and led Open-c Solutions in its
development of state-of-the art technology that is changing the
face of the utility billing industry. With these achievements in
place, it is time to take NWP to the next level and I look forward
to working with a company that is poised for tremendous growth and
even greater success.”
NWP (privately held) provides a broad range of billing and customer
care solutions to both the real estate and utility industries. Headquartered
in Santa Ana, CA, the Company’s billing and submetering operation
services more than a half million apartment units in 42 states for
some of the country’s largest public and private property owners.
Open-c Solutions, a wholly-owned subsidiary of NWP, located in Minneapolis,
MN, develops and implements customer information systems (CIS) software
for major utilities, energy marketers and billing service bureaus.
For more information, call NWP at 800.323.3178 or visit www.nwpco.com.
For more information on Open-c Solutions, call 952.842.3200 or log
onto www.open-c.com.
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