Peace Software and EC Power sign global alliance

MIAMI, Fla., March 21, 2002 — Peace Software and EC Power announced a global alliance to jointly market Peace Software’s Energy(TM) CIS (Customer Information System) and EC Power’s electronic transaction management services for efficient business-to-business information exchange in transitional and competitive energy markets.

The alliance formalizes the two companies’ long-standing relationship and paves the way for extended product alignment towards seamless integration.

Peace’s Energy suite provides integrated customer and commodity management for utilities and energy retailers. EC Power connects and manages the electronic exchange of customer- and commodity-related data between energy companies and their trading partners.

Together, Energy and EC Power enable utilities and energy retailers to achieve excellent customer service and operational efficiencies, while simultaneously providing the agility they need to expand and respond to evolving market and business process shifts.

“We partner with best-of-breed providers such as EC Power to provide our clients the best solutions available in the marketplace,” said Mark Wasiele, Peace Software Vice President of Strategic Alliances.

“Speed and flexibility are essential in today’s dynamic energy industry and EC Power can rapidly build transaction maps in any file format and dependably maintain these maps in sync with market changes. As a result, our clients’ connections always stay current no matter which way the market turns.”

JR Hunter, EC Power’s Chief Operating Officer, states, “We have in-depth knowledge of the Energy suite, and we are able to rapidly deliver an integrated solution that sustains high volumes of customer and commodity data for multiple markets and services.” He further states that, “Our customers can take advantage of speed to market as a result of our close working relationship and familiarity.”

Peace Software and EC Power first partnered together in 1998 and currently share joint installations at MidAmerican Energy and American Electric Power (AEP). At AEP, Peace Software and EC Power are supporting nearly one million Texas customers and millions of outbound bills, payments, and inbound meter usage values each month.

About Peace Software
Peace Software develops next-generation CIS solutions used by utilities and retailers for business innovation in regulated, transitioning and competitive energy markets. The company’s browser-based Energy suite has been selected to drive efficient operations and provide excellent customer care for millions of mass market and commercial and industrial (C&I) customers in 30 markets around the world. The innovative Energy suite can be phased into existing CIS environments and new version upgrades are available every 12-18 months. Headquartered in Miami and founded in 1984, Peace Software has offices in the United States, Canada, Australia and New Zealand. Visit us at www.peace.com.

About EC Power
EC Power was founded in 1995, and has focused primarily on the energy sector since its origin. EC Power delivers reliable, timely, cost-effective electronic transaction management services to energy customers and their trading partners in the natural gas and electric power industries. EC Power serves its customers by interconnecting their business applications with their trading partners, and cost effectively routing transaction data for billing, meter data, customer enrollments, purchase orders, wire transfers, and other financial functions required to do business at the wholesale and retail levels of the energy business. Visit us at www.ec-power.com.


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