DALLAS, Sept. 2, 2003 — Delinea Corp., an application lifecycle services company serving the energy industry using proprietary and third-party applications announces its partnership with Logical Information Machines Inc. (LIM), a provider of software to perform sophisticated historical energy, equity, bond and commodity research services.
The partnership allows the companies to provide global energy solutions with a focus on enterprise wide risk management.
The combined LIM and Delinea partnership will allow multi commodity energy companies to analyze and view both proprietary and vendor based data holistically in a common open data repository. This data is made easily available for analytical processing and reporting across all relevant business units including gas, power, petroleum, refined products and other energy commodities. The two companies have developed a solution set to address the needs of Price Call analysis and compliance reporting.
“Delinea’s experience in energy trading and risk management provides a competitive advantage to clients desiring improvement in any aspect of their trading and risk management activities. Their ability to take a software solution coupled with their subject matter expertise has delivered value to clients,” said Tony Kolton, CEO of LIM.
“The LIM database technology is one more example of how we leverage our business process expertise to the advantage of clients,” said John Harris, CEO of Delinea. “The ability to create usable decision making information from disparate sources of data is a unique offering that adds value.”
About Logical Information Machines, Inc.
Logical Information Machines, Inc. (LIM) is providing software to perform sophisticated historical energy, equity, bond and commodity research, co-founded in 1988 by a successful stock and commodity trader with 20 years of trading experience. LIM markets the Market Information Machine and related tools to analyze and manage large amounts of data, easily and efficiently. LIM supplies their data on a MIM server, with a fast, open design for easy interfacing. The patented query language allows analysts to easily test trading strategies and forecast the markets. For more information or an online demo, go to http://www.lim.com
About Delinea Corporation
Delinea Corporation is an application lifecycle services company serving the energy industry using proprietary and third-party applications as well as providing a full spectrum of consulting, design, development and integration services. Delinea was formed in April 2000 and is headquartered in Dallas, Texas. More information about Delinea can be found at the company’s Web site, http://www.delinea.com.