WASHINGTON and LEXINGTON, Mass., Aug. 19, 2003 — National Energy Marketers Association (NEM), a national non-profit trade association representing marketers of energy and energy-related products, services, information and technologies, has signed an agreement to provide the Excelergy ForwardMarketâ„- energy pricing, analysis and news portal to its growing number of members in the United States, Canada and the United Kingdom.
“Excelergy ForwardMarket will offer our members real-time market data and analysis tools as well as a convenient portal to access NEM announcements and other important energy industry news,” said NEM president Craig G. Goodman. “We are very pleased to offer this innovative new service to our membership.”
Excelergy ForwardMarket is designed for energy merchants and other market participants as a private-branded, value-added offering that provides their large commercial and industrial energy customers with the real-time market analysis required to manage price risk in volatile energy markets. Excelergy ForwardMarket converts a user’s desktop screen saver into a fully functional market research tool complete with futures quotes, charting, historical pricing, weather, portfolio tracking tools, and analyst commentary on key energy commodities.
“It’s a tremendous validation of the ForwardMarket service that the industry’s leading trade association has adopted it for its entire membership,” said Bill Mahoney, Excelergy president and CEO. “We look forward to delivering this high value service to NEM’s growing North American and European membership.”
NEM will distribute Excelergy ForwardMarket CDs to its membership in the coming weeks and is establishing a ForwardMarket link on its Web site at www.energymarketers.com. Those interested in receiving a copy of ForwardMarket immediately can contact Excelergy’s Kate Fanning at +1.781.372.5013 or firstname.lastname@example.org.
About National Energy Marketers Association
The National Energy Marketers Association (NEM) is a national non-profit trade association representing marketers of energy and energy-related products, services, information and technologies throughout the United States, Canada and the United Kingdom. NEM’s membership includes large traditional international suppliers of wholesale and retail energy (including wind and solar power), small regional marketers, billing and metering firms, Internet energy providers, energy-related software product developers, risk managers, energy brokerage firms, information technology providers and manufacturers and suppliers of advanced distributed generation. More information is available at www.energymarketers.com.
About Excelergy® Corporation
Excelergy is a provider of high performance software platforms that increase revenues, improve cash flows and reduce costs in the energy/utility industry and other restructuring value chains. Excelergy’s highly flexible, scalable software systems automate forecasting, trading, scheduling, billing, settlement and customer/partner acquisition and care. They are based on an open, object-oriented, Web-centric, native XML technology architecture. Excelergy has its North American headquarters in Lexington, Massachusetts, its European headquarters in London, England and its Asia-Pacific headquarters in Melbourne, Australia. More information is available at www.excelergy.com.