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CONTACT INFORMATION
FOR IMMEDIATE RELEASE
Open-c Solutions Names New Chief Executive
Officer
Douglas S. Thompson to Lead Growth
Initiatives for Utility Billing and Customer Care Solution Provider
MINNEAPOLIS, MN, October 24, 2002 - Open-c Solutions,
a premier provider of customer-centric billing and customer care
solutions to the utility and energy industry, today announced it
has appointed Douglas S. Thompson as chairman and CEO.
Thompson replaced interim president, Lanse Leach, who has returned
to Open-c Solution's parent company, NWP Services Corporation, in
his prior position as senior vice president and chief information
officer.
"The utility customer information system market will be a
multi-billion dollar opportunity in the next several years,"
said Randy Lintecum, chairman and CEO of NWP Services Corporation.
"Doug's experience, leadership and strategic expertise will
be invaluable as Open-c continues to aggressively target this growth
market."
Prior to joining Open-c, Thompson served as CEO and president
of Avolent Inc., a leading provider of enterprise software solutions
for electronic bill presentment and payment, electronic invoice
presentment and payment, and interactive customer care.
During his 23-year technology focused career, Thompson has held
a variety of executive management positions in sales, customer operations,
service delivery and general management with major industry leaders.
He served in 5 vice president level jobs with Xerox, as senior vice
president of International Billing Services, and division president
at DST Output Technology Solutions. Over the last 4 years, Thompson
has also raised more than $90 million in private capital.
"Amidst incredible cost pressures, declining revenues, deregulation
and increased merger and acquisition activity, utility companies
are struggling to remain competitive and stay close to their customers,"
Thompson said. "It's an exciting time to be leading Open-c.
Our Open-cIS offering provides utility companies with a billing
and customer service capability which is designed from the ground
up to enable the very kinds of changes the industry is going through.
About Open-c Solutions and NWP Services Corp.
Headquartered in Santa Ana, Calif., NWP Services Corporation is
the privately held parent company of Open-c Solutions and National
Water & Power. Open-c Solutions delivers billing and customer
care services that enable utility companies to outsource their billing
and customer care requirements to increase profitability and build
enhanced customer relationships. National Water & Power is the
fastest-growing national provider of billing and customer care services
for the multi-family real estate market. As a combined company,
NWP Services Corporation provides the regulatory expertise, technology
infrastructure and high quality services that property owners and
utility companies need to preserve resources and thrive in a complex
deregulated environment.
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