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SYDNEY, AUSTRALIA, April 27, 2006 – MultiBill Corporation, set to become a leading force in Utility Customer Services Outsourcing (UCSO) for utilities in the Asia Pacific region, has selected Peace Software's Peace™ 8 Customer Information System (CIS) as the cornerstone utility billing and customer contact center software application for its unique BPO service for Australian and South East Asian utilities.

MultiBill’s decision represents the fourth new Australian company adopting Peace 8 in the past six months.

MultiBill provides an end-to-end utility customer management and billing solution, from meter reading to billing, payments, service request management, credit management and customer service, based on a per-customer/per-year billing model. Deploying Peace 8 will help MultiBill to guarantee an even lower cost-to-serve value proposition for Australian utilities. Currently operating with in house developed systems, MultiBill’s customers will be fully migrated on to Peace 8 by Q3 2006.

“We consider Peace 8 the best-in-class CIS for the Australian market,” said Jacqueline Clarke, Chief Executive Officer, MultiBill Corporation. “It offers the richest competitive market functionality to manage every stage of the utility customer lifecycle and supports the latest thinking in utility best practice to complement MultiBill's practical systems experience.

“I assessed the CIS market several times in previous consulting roles with leading Australian utilities and Peace was always in the top two solutions for the local marketplace. In the last few years it has clearly become the leader.”

Clarke added that she had no doubt that the current release and future planned developments for Peace will be integral in keeping Multibill at the forefront of the emerging market to provide customer and billing services to utilities.

Rick Nicholson, Vice President of Research for Energy Insights, an IDC company, said: “Australia has intensely competitive energy markets where margins are thin and innovation runs high. I expect we will see outsourcing gain traction in Australia as utilities strive to reduce their cost-to-serve.”

Peace 8 lends itself to a service outsourcing environment because of its thin-client browser architecture, broad functional footprint designed specifically for utilities, and proven scalability to support many millions of end consumers.

MultiBill’s adoption of Peace 8 continues the trend of Australian utility billing moving to Peace Software’s advanced software technology. Leading Australian utilities ENERGEX, Ergon Energy and Aurora Energy selected Peace 8 in recent months.

About MultiBill Corporation
Australian owned and operated, MultiBill was formed in 2003 to address the growing demand for customer management and business process outsourcing in the utility market. MultiBill provides a full service end-to-end outsourcing solution featuring a unique per-customer/per-annum billing basis. For more information, visit www.multibillcorp.com.au.

About Peace Software
Peace Software is the leading utility CIS software developer. Peace™, the company's flagship software product, is installed at major utilities in 35 regulated and competitive energy markets for billing and customer relationship management of millions of electricity, gas and water customers. Peace Software has clients in Europe, North America and Asia-Pacific, ranging from entrepreneurial new entrant energy retailers to the largest dual-fuel utilities with many millions of consumers and multiple market operations. For more information, visit www.peace.com.

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