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CONTACT INFORMATION
Peace
www.peace.com
FOR IMMEDIATE RELEASE
IBM, Peace Software and
Formfill Help Jackgreen Enter National Electricity Market
SYDNEY, AUSTRALIA, February 7, 2005 - IBM, Peace
Software and Formfill today announced an on demand technology agreement
that will help Jackgreen (International) Pty Ltd enter the national
electricity market.
Jackgreen, a new entrant renewable energy supplier to residents
and small businesses, plans to acquire over 100,000 new customers
over the next 3 years. To support its strategy, Jackgreen requires
technology infrastructure that allows the business to control costs
and manage risks whilst accommodating business growth.
Under the terms of the agreement, IBM will host and deliver a world-class
utilities industry billing and customer management application from
Peace Software.
Ashleigh Antflick, General Manager – Strategic Operations,
Jackgreen said that the on demand technology agreement will help
Jackgreen to achieve competitive advantage.
"By partnering with IBM, Jackgreen will only pay for the technology
it needs, when it needs it. The agreement allows us to access the
latest technology without incurring up-front capital costs. By shifting
from a fixed cost to variable cost model, we can align our IT costs
with our success in the marketplace," said Mr Antflick.
“By working with IBM,” said Kirsten Garwood, IBM e-Business
Hosting Services, "Jackgreen is able to focus on growing its
core business rather than on its IT infrastructure. IBM is helping
Jackgreen to become an on demand business – flexible, resilient
and focussed."
Peace Software will supply the Peace Customer Information System
(CIS) which will enable Jackgreen to acquire, manage and bill customers.
Formfill will provide the market-leading GateKeeper and DataFlow
Workstation products to enable XML-based communications with the
central NEMMCO systems and other market participants.
The Peace CIS lends itself to an on demand computing environment
because of its thin-client browser architecture, upgradeable off-the-shelf
software model, and proven scalability to support millions of electricity
and gas customers.
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About Jackgreen
Jackgreen is a fully licensed New South Wales electricity retailer
and its parent, Jackgreen Ltd is listed on the Australian Stock
Exchange (ASX code – JGL). Jackgreen retails electricity to
residential and SME customers on the competitive platform of green
electricity supply at no extra cost, contributions to charity and
community projects, and a smoothed monthly bill.
About Formfill
Based in Blackburn, UK and Melbourne, Australia - Formfill has established
its pedigree by providing software to over a hundred utility companies
in the UK, Europe, Asia and Australia, where it is now the market
leader in the utilities sector.
About Peace Software
Peace Software develops dependable off-the-shelf software products
for retail and distribution utilities providing electricity, gas
and water in regulated and competitive markets. Peace™ products
support customer acquisition, billing, customer care, collections,
online self-service, market transactions, usage reconciliation,
network revenue management and metering data management.
About IBM Global Services
IBM Global Services is the world's largest information technology
services and consulting provider. Some 180,000 professionals in
more than 160 countries help clients integrate information technology
with business value -- from the business transformation and industry
expertise of IBM Business Consulting Services to hosting, infrastructure,
technology design and training services. Leveraging IBM's unequalled
scope and scale, IBM Global Services delivers integrated, flexible
and resilient processes – across companies and through business
partners -- that enable clients to save money and transform their
businesses to be more competitive. For more information, visit www.ibm.com/services.
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