PricewaterhouseCoopers and Excelergy Team Up To Bring Energy e-commerce Technology to Australia & New Zealand

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Agreement gives Excelergy its First Market Presence in Southern Hemisphere LEXINGTON, MA (May 15, 2000) – Excelergy Corporation, a provider of leading business-to-business e-commerce technology to the deregulating retail energy industry, and PricewaterhouseCoopers, the world’s largest professional services organization, today announced an alliance under which the two businesses will jointly market Excelergy eXACT electronic data management products and PricewaterhouseCoopers’ consulting services to utilities and energy suppliers in Australia and New Zealand. "The strength of their combined products and service can provide energy clients in Australia and New Zealand with new and innovative solutions to critical data transaction management challenges," said Karlin Jessen, director of Energy and Internet Strategies at the Yankee Group. “PricewaterhouseCoopers is one of the top system integrators and consulting companies in the global energy marketplace with its superior industry knowledge and implementation expertise, and we’re happy to team up with them,” said Cary Bullock, President of Excelergy. “We’re particularly pleased that PricewaterhouseCoopers chose our technology for the competitive Australian market, which gives us our first presence in that part of the world.” The Excelergy eXACT solution set will enable and support electronic business transactions (EBTs) for the deregulating energy industry. Working with a customer information or billing system, eXACT facilitates the exchange of electronic data between energy participants, designed to improve the efficiency of business processes while lowering costs. “Energy markets in Australia and New Zealand are going through major reforms and we anticipate significant demand for the strategic services and technology expertise that this alliance has to offer,” said Matthew King, energy sector leader for management consulting in PricewaterhouseCoopers Australia. “We have looked closely at what our energy clients need and have determined that the Excelergy products provide an excellent fit because they are best of breed, web enabled and manage B2B and B2C electronic transactions.” Excelergy and PricewaterhouseCoopers/p. 2 The Australia-New Zealand agreement comes on the heels of an Excelergy-PricewaterhouseCoopers global alliance agreement signed in late 1999 which called for close collaboration between the two businesses on sales, marketing, and promotional activities in deregulated energy markets world-wide. The two businesses have agreed to explore a similar agreement focused on deregulated energy suppliers and utilities in the Asian-Pacific marketplace. About PricewaterhouseCoopers PricewaterhouseCoopers (www.pwcglobal.com) is the world’s leading professional services organisation. Drawing on the knowledge and skills of 150,000 people in 150 countries, it helps clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world. About Excelergy Excelergy offers leading business-to-business e-commerce technology to the deregulating retail energy market. The company’s current product offerings include Excelergy ABP™ 3000 customer relationship management and billing software, the Excelergy eXACT™ family of business-to-business transaction management solutions, and the web-based e-ChoiceNetSM customer choice solution. Headquartered in Lexington, MA, Excelergy also has offices in Santa Monica, CA and Atlanta, GA. More information is available at www.excelergy.com.
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