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News 2002

 

CONTACT INFORMATION

MxEnergy
www.mxenergy.com

Greg Taffet
(203) 356-1318
gtaffet@mxenergy.com

Gentrack
www.gentrack.com

David Whitehead
(937) 836-4499
DavidW@gentrack.com


FOR IMMEDIATE RELEASE
MxEnergy Selects Gentrack CIS
MxEnergy awards contract on merits of overall completeness, flexibility, scalability and rapid delivery

DAYTON, OH., March 21, 2002 - Gentrack International, a global provider of billing and customer information software for energy utilities and retailers has today announced that MxEnergy, one of the US fastest growing energy retailers, has selected GentrackTM as its Customer Information System (CIS). MxEnergy, headquartered in Stamford CT, is a provider of gas to the mass market in Illinois, Nebraska, Pennsylvania, Ohio, Kentucky, Maryland and Michigan and plans to roll out competitive energy offerings in other states as they open up to competition.

Essential to the success of MxEnergy's growth was the purchase of a scalable CIS system from a vendor who was able to rapidly tune the software to their needs but flexible enough to adapt as the market situation changed.

“Gentrack is the most complete and flexible approach of any system we analyzed. This system is backed by a team with knowledge of the competitive retail market, here and overseas. That was the key factor in the selection of Gentrack,” commented Greg Taffet, Chief Information Officer, MxEnergy. “The deployment of Gentrack will put us in an excellent position to continue to acquire new customers while enabling us to build stronger relationships with those we serve now.”

As a proven solution in regulated and deregulated markets, Gentrack has been successful with implementations across Australia, United Kingdom and Asia. “ With the experience gained from its competitive home market in New Zealand, where Gentrack commands 85% market share in billing gas and electricity, we believe can add significant value to US utilities,” said Andrew Wereszczynski, Managing Director of Gentrack International. “We are delighted to have secured our first US contract with MxEnergy, a retailer at the cutting edge of the energy sector reform.”

MxEnergy is currently deploying the Gentrack billing engine followed by a complete roll out over the next few months of the Gentrack CIS suite.

About Gentrack
Gentrack is a billing and CIS solution designed for global energy, water and telecommunication industries where flexibility and scalability are essential for success. It is installed in over 25 sites around the world where its professional services team is recognized for rapid, quality installations. The Gentrack suite incorporates billing and customer management modules for both the commercial and industrial (C+I) and mass markets.

About MxEnergy
MxEnergy is an independent supplier of natural gas to small commercial and residential customers in Pennsylvania, Ohio, Kentucky, Illinois, Nebraska Maryland and Michigan. It is headquartered in Stamford CT and runs its customer service center in Annapolis Junction, Maryland. MxEnergy competes with local monopoly utilities by keeping overheads low and passing the benefits on to their customers.

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