CALGARY, CANADA, January 31, 2008 – Cognerã Corp., a leading provider of billing and support services, has learned they are the only Alberta-based, and 100 per cent Canadian-owned, vendor of the 23 finalists chosen in the global Outsourcing Excellence Awards program.

This annual awards program was launched in 1996 by the Outsourcing Center, the world’s premier source of information on all aspects of outsourcing, and is sponsored by Everest Group and Forbes. Winners will be announced in May and will receive their awards at the “Oscars of Outsourcing” ceremony in New York this summer.

Cognerã is a finalist in two categories; Best BPO (Business Process Outsourcing) and Most Strategic. Their client, ENMAX Energy Corporation, who Cognerã supplies with Settlement Services, Complex Retail Billing Services and Consulting and Business Intelligence Services, nominated them for this award.

“Being selected as a finalist speaks great volumes about our ability to provide the market’s best complete utility billing (CIS) solution for complex Commercial & Industrial (C&I) and mass market residential customers,” states Kate Joslyn, president and CEO, Cognerã Corp. “We have been successful in cultivating a value-based collaborative partnership with our clients and consistently delivering tangible results such as reduced key person risk, faster innovation cycles, decreased capital investment and time-to-market”.

“Cognerã helps ENMAX fulfill its obligations to customers,” says Darwin Gillies, executive vice-president, ENMAX Energy. “We've been able to establish a strong working relationship with Cognerã that promotes creativity in providing services as well as constructive collaboration in solving problems." ENMAX Energy Corporation, a subsidiary of ENMAX Corporation, is Alberta’s leading competitive electricity retailer. In addition to electricity, ENMAX Energy provides natural gas, renewable energy and value-added services to residential, commercial and industrial customers throughout Alberta.

About Cognerã Corp
Cognerã is the leading provider of settlement and retail billing solutions for competitive energy retailers and regulated utilities using a combined Business Process Outsourcing and Software as a Service model. Headquartered in Calgary, Alberta, Canada, Cognerã delivers a unique and modular software solution that manages complex billing processes, while allowing clients to retain access to their core customer data. Additionally, they offer business intelligence and consulting services to assist with risk mitigation, process mapping, project management, and industry assessment. Through outsourcing billing and support solutions, Cognerã clients can focus on core strengths, achieve financial goals, and effectively deal with dynamic technology. For more information, please visit www.cognera.com.

About the Outsourcing Excellence Awards
Outsourcing Excellence Awards recognizes the world’s most superior outsourcing arrangements, which demonstrate best practices in creating and sustaining competitive advantage and business transformation and achieve value and mutual benefit that increase over time for the client and service provider. The annual awards program is conducted by Outsourcing Center, an online community specializing in thought leadership, best practices, and innovation in outsourcing. The program is sponsored by Everest Group, who helps companies create customized sourcing strategies and outsourcing relationships that are tailored to their specific situations, and by Forbes Special Sections. For more information, please visit www.outsourcing-awards.com and www.outsourcing-center.com.

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