Exchange Notes

ECOM-ENERGY uses eBidenergy.com

eBidenergy.com, an application service provider (ASP) of online energy services signed an agreement with ECOM-ENERGY Inc., an independent provider of advisory services and procurement solutions that assists healthcare providers in making their energy management and procurement decisions. The agreement allows ECOM-ENERGY users to take advantage of eBidenergy.com’s EnTreXTM energy procurement system, a software application whereby energy suppliers may bid to supply energy consumers with their gas, electrical, or other energy needs.

Dynegy Goes Live with ORIEN

OpenLink (www.olf.com), provider of energy and financial trading and risk management software solutions, announced that Dynegy Inc. has licensed OpenLink’s new ORIEN technology. Through ORIEN, Dynegy has implemented a seamless link between its Dynegydirect online trading system and the company’s internal trading and risk management system, OpenLink’s Endur. The result is a real-time deal entry environment for online transactions that delivers a complete up-to-the-moment picture of Dynegy’s position and exposure through a tight integration with Endur.

Energy Services Group gets new client

Energy Services Group (ESG), a source of managed data processing services for competitive energy markets, entered into agreement with AllEnergy Gas and Electric Marketing Co. to support their gas and electric marketing efforts for commercial customers in the Northeast. ESG manages back office EDI transaction processing and provides trading partner management.

ICE crosses $1-billion mark

IntercontinentalExchange (ICE), an electronic marketplace for OTC energy and metals products, crossed the $100 billion combined notional value mark, representing over 100,000 trades, only eight months since ICE went live in August 2000. More than 1,000 energy and metals traders worldwide have completed transactions on ICE. Thousands more log on to ICE each day to view and trade more than 600 listed products for settlement and delivery.

Reliant selects TIBCO

Reliant Energy Services, will use TIBCO Software Inc.’s real-time e-business infrastructure software to automate settlement and straight-through processing of online energy sales and purchases, and to give its employees online real-time access to the energy trading process. TIBCO’s technology will automate Reliant’s energy sales and purchase process by linking Reliant’s online energy trading software applications to its internal enterprise systems. This will allow real-time information to flow from Reliant’s online wholesale energy-trading floor directly into its back-office settlement systems.

TradeSpark posts 1Q2001 volumes

TradeSpark, a comprehensive energy trading marketplace, announced a 56 percent increase of its trading volume first quarter 2001 over fourth quarter 2000. The electronic marketplace powered by eSpeed trading technology traded more than $18 billion worth (notional value) of energy products during the first quarter. The two most traded products were natural gas and electricity, respectively. TradeSpark experienced a 90 percent increase in the amount of natural gas MMBTUs traded, and a 17 percent increase for electricity MWh from the prior quarter.

Planalytics upgrades tools

Planalytics Inc. released a new version of Weathernomics Gas Buyer, a Web-delivered financial risk management tool for purchasing and hedging natural gas. New features and capabilities include a transaction history page, a mark-to-market tool to track trades and measure performance, a live options contract calculator, and a monthly detail page that shows trading results for each month.

UniGridEnergy adds Demand Exchange

UniGridEnergy plans to add Demand Exchange to its array of services. Demand Exchange allows energy buyers to take advantage of high market prices by reducing their demand and receiving payments for the reductions. Utilities benefit by using those reductions to limit obligations during times of potential capacity shortage and high market prices. Demand Exchange lets buyers decide on a day-ahead basis when and for how long they are willing to reduce their need for power. UniGridEnergy hosts an on-line energy marketplace and is partnering with APOGEE Interactive Inc. to license its proprietary Demand Exchange software.

FEA and FAME form alliance

Financial Engineering Associates Inc. (FEA) is forming an alliance with FAME Information Services Inc. to deliver a comprehensive analytical solution that combines quantitative risk analytics with quality market data for the global energy, power and financial markets. Focusing on energy, financial and commodities markets, FEA develops option valuation models and market risk assessment software. FAME develops time-series-based decision-support solutions for financial and energy markets, delivering enterprise information integration, managed data services and Internet-enabled analytical components.

Retx allies with Pentech

Retx Inc. and Pentech Solutions Inc. will promote each other’s products to give their customers a full market solution to automatically reduce energy consumption and benefit from energy price volatility. Retx offers a suite of back-office solutions to energy retailers, utilities and end-use customers; Pentech Solutions offers customers an Internet-enabled solution to manage and control the total cost of ownership of facility-based equipment.

Altra sets e-trading records

Altra Energy Technologies Inc. announced record-breaking figures on eLiquids, its natural gas liquid (NGL) and crude oil trading platform and eGas, its natural gas exchange platform. Altra, together with its subsidiaries, provides innovative electronic trading services, transaction management software and related e-business services to the energy industry. Altra eLiquids set another volume record on its popular exchange with an increase of approximately 11 percent from the previous quarter. In the same period, crude oil trading also increased by nearly 90 percent.

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Exchange Notes

PanCanadian selects Henwood

PanCanadian Energy Services selected Henwood Energy Services Inc. to provide its EnerPrise software applications to support their electricity trading and retail operations. Henwood’s integrated solutions include a retail-to-wholesale energy transaction system. Specifically the RACM software will provide retail customer management, load forecasting and aggregation, in addition to its new retail product pricing functionality. ETRM will provide front through back-office integration; WebScheduler will manage the physical energy management system requirement including automated communication with the Alberta Power Pool; and MarketPlace will provide an enterprise repository for commodity prices and wholesale pricing analysis.

TradeSpark details volumes

TradeSpark’s fully electronic energy trading marketplace powered by eSpeedsm has traded over $16 billion worth (notional value) of energy products since trading began on Oct. 2, 2000. Since last October, the electronic marketplace has traded over 1.72 billion MMBtu of natural gas instruments, (with a notional value of over $9 billion), and 141 million MWh of electricity instruments (with a notional value of approximately $6 billion). TradeSpark recently introduced coal and emission allowances to the system and plans to increase product offerings in 2001.

USI powered by eBidenergy.com

eBidenergy.com, application service provider (ASP) of online energy procurement, signed a licensing agreement with energy management company UtiliMan Systems Inc. (USI) granting rights to USI to use both the bid-based and RFP (request for proposal) platforms of eBidenergy.com for energy procurement. eBidenergy.com went live with its bid-based platform in September 2000; the RFP platform is next to launch.

WSI adds west coast and TX

WSI Corp. expanded Energycast PowerTrader and Energycast GasTrader services to the West Coast and Texas market areas. Already covering the Northeast and Southeast energy pool areas, the Internet- accessible, trader-centric weather forecasting services provide traders with up-to-date weather information, customized by power pool and census regions.

Retx and Apogee address crisis

Retx Inc. and Apogee Interactive Inc. formed a strategic alliance to seamlessly provide a range of electric load management solutions addressing the nation’s electricity crisis. As a part of the strategic alliance, the companies will work together to create a nationwide network to address energy market conditions. Adding Apogee’s premier Demand Exchange to Retx’s load management product suite extends their offering from the near-real-time to include the energy trading and scheduling needed for a comprehensive demand response solution.

Weathernomics beats the average

Planalytics Inc.’s Weathernomics Gas Buyer, a Web-delivered risk management tool for purchasing and hedging natural gas, beat the average month-end settlement price by $0.72 per MMBtu over the last 12 months. For April 2000 through March 2001 natural gas contracts, the average month-end settlement price was $5.10 per MMBtu. Over the same period, the average cost to clients using Weathernomics Gas Buyer was $4.38 per MMBtu, which is a savings of 14 percent. The month-end settlement price is computed as the average of the closing price on the last three days of each month.

Trade-Ranger outsources back office

PricewaterhouseCoopers’ Business Process Outsourcing group will establish and manage the back-office finance and accounting operations and information technology needed to support the operations of Trade-Ranger, the Internet marketplace launched by 14 energy and petrochemical companies. Under the terms of the BPO agreement, PricewaterhouseCoopers has designed and will operate a back-office approach consistent with Trade-Ranger’s vision for its business processes to be Internet-enabled. The firm will also be active in management reporting, performance analysis.

EC Power wins DISA award

EC Power, provider of electronic transaction management services for the energy and natural gas industries, was selected as the winner of the Data Interchange Standards Association (DISA) E-Business Enterprise (EBE) Award. The award, given to the company with the best-implemented business- to-business solution, was presented at DISA’s annual E-Business and Internet Conference and Exhibition in San Francisco. EC Power was honored for work with Enron Online. EC Power provides back-office functions for Enron Online, including electronic transaction routing of gas nominations and related financial settlement activities via the Internet.

Nexus Energyguide acquires UtilityGuide.com

Nexus Energyguide, the operator of ENERGYguide.com, a Web energy resource for consumers and small businesses, has purchased the UtilityGuide.com Web site. With the purchase, Nexus Energyguide has acquired UtilityGuide’s content, functionality, and other intellectual property. UtilityGuide.com has been a provider of consumer information and comparison shopping for the energy, telecommunications, television and Internet services and related products. Terms of the deal were not disclosed.

Unigridenergy adds Demand Exchange

UniGridEnergy will add Demand Exchange to its array of services by the end of the first quarter. The Demand Exchange allows energy buyers to take advantage of high market prices by reducing their demand and receiving payments for the reductions. Utilities benefit by using those reductions to limit obligations during times of potential capacity shortage and high market prices. The UniGridEnergy Demand Exchange lets buyers decide on a day-ahead basis when and for how long they are willing to reduce their need for power. UniGridEnergy hosts an on-line energy marketplace and is partnering with APOGEE Interactive Inc. to license its proprietary Demand Exchange software in offering this new service.

FEA and FAME form alliance

Financial Engineering Associates Inc. (FEA) is forming an alliance with FAME Information Services Inc. to deliver a comprehensive analytical solution that combines quantitative risk analytics with quality market data for the global energy, power and financial markets. Focusing on the energy, financial and commodities markets FEA develops option valuation models and market risk assessment software. FAME develops time-series-based decision-support solutions for financial and energy markets, delivering enterprise information integration, managed data services and Internet-enabled analytical components.

Retx allies with Pentech

Retx Inc. and Pentech Solutions Inc. will promote each other’s products to give their customers a full market solution to automatically reduce energy consumption and benefit from energy price volatility. Each company delivers application services to the energy industry. Retx offers a suite of back-office solutions to energy retailers, utilities and end-use customers. Pentech Solutions offers customers an Internet-enabled solution to manage and control the total cost of ownership of facility-based equipment.

IntercontinentalExchange sets record

IntercontinentalExchange (ICE), a marketplace for over-the-counter energy and metals products, set single day trading records Feb. 27, on ICE in both the global oil and U.S. power markets. Record trading volume in U.S. power markets on ICE reached 3 million MWh. Trading volumes on ICE have been growing exponentially since the launch of global energy trading last October. To date, over 100 million MWh of power have been traded over ICE.