AER Inc. introduces weather forecasting technique for risk management

Lexington, Mass., Sept. 6, 2002 — Atmospheric and Environmental Research Inc. (AER Inc.), a climate forecasting company, has launched new risk management and weather prediction technology demonstrating over twice the accuracy of National Weather Service forecasts.

AER Inc.’s Seasonal Forecast® generates precision output from unique data sources and proprietary numerical models unlike current weather prediction tools that utilize singular data sources from the National Weather Service.

AER Inc.’s Seasonal Forecast® provides precision temperature and precipitation information up to six months in advance. In a oneyear historical analysis, AER Inc.’s forecasts were between 2 – 3 times more accurate than the National Weather Service across the country.

The result is a reduction of overall risk by anticipating the right level of energy supply based on accurate weather-adjusted demand. Richard Marx, AER Inc’s. Senior VP and 30-year energy veteran says, “…the implications of AER’s technologies are tremendous, significantly helping to manage energy supplies based on reliable demand metrics, energy marketers, transmission and distribution companies alike can benefit from integrating solid and accurate weather prediction for long-term energy contracts as well as operational planning.”

AER Inc.’s Seasonal Forecast® is available as a subscription-based service supported by AER meteorologists and integrated into the host-systems’ risk-management model.

About AER Inc. – Established in 1977, Atmospheric and Environmental Research, Inc. (AER Inc.) is a research and development facility for cutting edge technology. AER Inc.’s expertise ranges from breakthrough work in weather prediction, meteorology and atmospheric modeling to air quality and risk assessment for a diversity of clients including NASA, Department of Energy, Hong Kong Government, and Fidelity Investments.

With the top minds in research and industry experts in Energy and Utilities, Finance, and Government, AER Inc’s applications have fundamentally impacted the way businesses, researchers, and national governments interpret the Earth around us.

Headquartered in Lexington, MA, AER has offices in San Francisco, CA, and Omaha, NE. More information:

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