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News 2002

 

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Peace Software
www.peace.com


FOR IMMEDIATE RELEASE
Software Magazine Ranks Peace Software as One of the World's Largest Software Companies

MIAMI, FL, October 1 , 2002 - Peace Software today announced it ranked on the Software 500, Software Magazine's list of the world's foremost software and services providers. Over the last year Peace Software outdistanced industry competition by growing revenue nearly150 percent and doubling the number of people who work for the company.

The Software 500 is a worldwide list that includes both private and public companies. The ranking is based on total worldwide software and service revenue for 2001. This includes revenues from software licenses, maintenance and support, training, and software-related services and consulting. The financial information was gathered by a survey prepared by the Standish Group with King Content Co., as well as from public documents.

"Although IT spending was slow last year, many software product and service suppliers did do well," says John Desmond, Software Magazine's editorial director. "Companies that can deliver rapid return on investment for their customers with focused product offerings had better results."

Peace Software’s Energy™ suite is used for billing and customer care in regulated, transitioning and competitive energy markets. It streamlines an energy company's operations from the moment a prospect first contacts the call center to sending the customer bills out on time. Using Energy can result in improved customer service, greater efficiencies and cost savings.

About Peace Software
Peace Software is exclusively dedicated to developing open, component-based CIS solutions used by utilities and retailers for business innovation in regulated, transitioning and competitive global energy markets. The company's browser-based Energy suite has been selected to drive efficient operations and provide excellent customer care for 13 million mass market and commercial and industrial (C&I) customer relationships in 40 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. For more information, visit www.peace.com.

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