ATLANTA, Ga., April 26, 2002 — Enlogix Inc., an outsourcer for energy industry customer information systems (CIS), and LODESTAR, a provider of software solutions for energy companies, have announced a partnership that will make two LODESTAR products, BillingExpert and Profile & Settlement System, available through Enlogix on an outsourced basis.
“LODESTAR’s robust complex billing and settlement software will significantly extend the capabilities of Enlogix’ CIS offering,” said Phillip Duncan, Director of Solution Strategy, Enlogix. “We now have an immediate solution for our deregulated clients who need profiling settlement and complex billing support, as well as for the larger regulated utilities who require complex billing.”
The new partnership will enable Enlogix to continue to support a growing customer base, which numbers 14 utilities and energy service providers serving more than three million consumers, in deregulated markets as well as regulated markets. The agreement is part of Enlogix’ ongoing commitment to evaluate software solutions for its customers and deliver effective and proven outsourced solutions.
“LODESTAR continues to seek out international partnerships that serve as important distribution channels for its software solutions,” said Chris Hamilos, LODESTAR chairman and CEO. “This agreement is particularly important because Enlogix is the largest outsourcer of CIS solutions in the world.”
As a result of the new partnership, Enlogix will now be able to:
* Manage customer interval data and pricing;
* Provide accurate and automated bill calculation using checklists that report present and missing data;
* Present trading partners information to meet the new billing requirements in the energy marketplace;
* Manage multiple profile methods;
* Process estimated actual loads;
* Compare them to the nominated loads;
* Calculate energy imbalances;
* Compute a cost based on settlement pricing; and
* Give retail providers trying to match the energy demands of their customers with the forecasted load the ability to validate, edit and estimate load data.
With facilities in Atlanta, Toronto and Calgary, Enlogix is the world’s largest energy industry application service provider and the longest running outsourcer of customer information systems. Through its energy customers, the company provides utility billing for more then three million consumers in North America and leverages its extensive experience in the energy industry to serve customers such as Union Gas and Enmax, in both regulated and deregulated markets. More information about the company is available on the Internet at www.enlogix.com.
LODESTAR Corporation is a provider of software solutions for energy companies in both regulated and deregulated environments. LODESTAR’s Customer Choice Suite(tm) (CCS(tm)) is the only solution that follows the electron from generation to delivery. More than 110 LODESTAR clients use CCS for pricing, billing, load profiling and settlement, financial management, and transaction management.
LODESTAR solutions serve all energy market participants, including retail and distribution companies, independent system operators, regional transmission operators, and wholesale, transmission, and generation companies. Shell Energy Services Company, the Electric Reliability Council of Texas (ERCOT), TXU, Allegheny Power, BC Hydro and Duke Power are among the energy companies that use LODESTAR solutions to build a competitive advantage in today’s dynamic market.
LODESTAR Corporation has offices in the USA and a subsidiary in the United Kingdom. Additional offices are planned for continental Europe in the coming months. LODESTAR headquarters is at Two Corporation Way, Peabody, MA 01960 USA.