CONTACT INFORMATION

Peace Software
www.peace.com

Sally Walls (North America): sally.walls@peace.com
Sally Raudon (Asia-Pacific): sallyr@bca.co.nz
James Griffin (Europe): james.griffin@peace.com

MIAMI, FLORIDA, March 8, 2004 – Peace Software today announced that it has been positioned as a market challenger in META Group's recently released global METAspectrumSM for Energy Customer Information Systems (CISs). META Group (Nasdaq: METG) is a leading research and consulting firm that focuses on information technology and business transformation strategies.

Peace is positioned in the "challenger" segment of the METAspectrum analysis, and was specifically recognized for its strength in execution, agility, channels/partners, vision/strategy and technology.

Peace is known for developing innovative CIS technology that enables energy businesses to acquire, bill and serve customers efficiently and profitably in both regulated and competitive energy markets. With a marquee client list and a track record of successful implementations, Peace is proven to support millions of residential, commercial and industrial consumers of electricity, gas, water and related products in 20 markets around the world.

“During the deregulation hiatus, energy companies should re-evaluate their retail strategy and make decisions accordingly on whether to replace or extend legacy customer information systems, using 'real options analysis'," said Dr. Zarko Sumic, Vice President, META Group. "When selecting technology partners, in addition to focusing on criteria that will drive operational efficiency and cost reduction, CIS users must evaluate product technology to ensure it is scalable and flexible enough to support unforeseen future business needs. In addition, CIS products' ability to provide business process integration will enable energy companies to achieve operational excellence by supporting business process optimization. Selected products must enable gradual implementation and provide multiple deployment options."

"We are pleased with our favorable rating in the METAspectrum which once again validates our stature as a Tier 1 best-of-breed CIS developer," said Paul Grey, Chief Technology Officer, Peace Software. "We pride ourselves in developing a highly functional, advanced architecture CIS product for premier energy companies. Working closely with our partners IBM Global Services and Accenture Business Services, we have established the Peace brand as a mark of excellence in energy customer information systems."

About METAspectrum
METAspectrumSM evaluations from META Group (Nasdaq: METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum, in combination with META Group's SPEX modules — which provide detailed technical analysis of product features and capabilities — delivers comprehensive evaluations of both technology markets and vendor product offerings. METAspectrum evaluations are a standard component of a META Group retainer service subscription and are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum.

METAspectrum market evaluations and results are the sole property of META Group, Inc. and are Copyright © 2004 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product.

About Peace Software
Peace Software is a Tier 1 CIS product company. The company's Peace™ CIS product is proven to enable energy businesses to acquire, bill and serve millions of electricity, gas and water customers efficiently and profitably in 20 competitive and regulated retail markets. Developed as a true software product, it can be deployed off-the-shelf, and is adaptable, upgradeable and scalable to support evolving market and business requirements. Founded in 1984, Peace Software is headquartered in the United States and has operations in Australia, Canada, New Zealand and the United Kingdom. For more information, visit www.peace.com.

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