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CONTACT INFORMATION
EC Power
www.ec-power.com
Peace Software
www.peace.com
FOR IMMEDIATE RELEASE
Peace Software and EC Power
Sign Global Alliance
Alliance recognizes
successful long-term relationship and future commitment.
MIAMI, FL., March 20, 2002 - Peace Software and EC Power
today announced a global alliance to jointly market Peace Software's
EnergyTM CIS (Customer Information System) and EC Power's electronic
transaction management services for efficient business-to-business
information exchange in transitional and competitive energy markets.
The alliance formalizes the two companies' long-standing relationship
and paves the way for extended product alignment towards seamless
integration.
Peace's Energy suite provides integrated customer and commodity
management for utilities and energy retailers. EC Power connects
and manages the electronic exchange of customer- and commodity-related
data between energy companies and their trading partners. Together,
Energy and EC Power enable utilities and energy retailers to achieve
excellent customer service and operational efficiencies, while simultaneously
providing the agility they need to expand and respond to evolving
market and business process shifts.
"We partner with best-of-breed providers such as EC Power to
provide our clients the best solutions available in the marketplace,"
said Mark Wasiele, Peace Software Vice President of Strategic Alliances.
"Speed and flexibility are essential in today's dynamic energy
industry and EC Power can rapidly build transaction maps in any
file format and dependably maintain these maps in sync with market
changes. As a result, our clients' connections always stay current
no matter which way the market turns."
JR Hunter, EC Power's Chief Operating Officer, states, "We
have in-depth knowledge of the Energy suite, and we are able to
rapidly deliver an integrated solution that sustains high volumes
of customer and commodity data for multiple markets and services."
He further states that, "Our customers can take advantage of
speed to market as a result of our close working relationship and
familiarity."
Peace Software and EC Power first partnered together in 1998 and
currently share joint installations at MidAmerican Energy and American
Electric Power (AEP). At AEP, Peace Software and EC Power are supporting
nearly one million Texas customers and millions of outbound bills,
payments, and inbound meter usage values each month.
About Peace Software
Peace Software develops next-generation CIS solutions used by utilities
and retailers for business innovation in regulated, transitioning
and competitive energy markets. The company's browser-based Energy
suite has been selected to drive efficient operations and provide
excellent customer care for millions of mass market and commercial
and industrial (C&I) customers in 30 markets around the world.
The innovative Energy suite can be phased into existing CIS environments
and new version upgrades are available every 12-18 months. Headquartered
in Miami and founded in 1984, Peace Software has offices in the
United States, Canada, Australia and New Zealand. Visit us at www.peace.com.
About EC Power
EC Power was founded in 1995, and has focused primarily on the energy
sector since its origin. EC Power delivers reliable, timely, cost-effective
electronic transaction management services to energy customers and
their trading partners in the natural gas and electric power industries.
EC Power serves its customers by interconnecting their business
applications with their trading partners, and cost effectively routing
transaction data for billing, meter data, customer enrollments,
purchase orders, wire transfers, and other financial functions required
to do business at the wholesale and retail levels of the energy
business. Visit us at www.ec-power.com.
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