MIAMI, FL – May 7, 2001 – Peace Software and Delinea Corporation today announced that Delinea has licensed Peace’s Energy software as the best-in-class customer management application for its ASP services targeted at mid-sized regulated and deregulated utilities. Peace Software is a leading provider of advanced customer management solutions for utilities and retail energy companies. Delinea is a leading vertical service provider (VSP) committed to transforming energy enterprises through vertical application services provision, digital consulting and outsourcing services.
“Delinea combines expertise, a sound business model and strong investment backing from Koch Ventures to deliver a highly cost-effective ASP value proposition for the utility industry,” said Jim Lochry, executive vice president of field operations at Peace Software. “By partnering with Delinea, we can now address growing customer demand for an ASP environment, as well as extend our delivery reach to a broader range of customers.”
Delinea’s flexible ASP platform integrates and aggregates best-in-class and legacy applications to cost-effectively address the critical and specific needs of mid-sized utilities. This enables utilities to efficiently keep pace with the ever-shortening application development cycle and changing dynamics of the energy marketplace.
Ron Verner, CEO at Delinea Corporation, said, “We consider Peace’s Energy suite to be the prime customer management application for transitioning energy companies. We intend to leverage the influential Energy brand to target underserved utilities that may not have considered leading-edge technology an option in the past. By using our ASP Energy platform, these mid-sized utilities can concentrate on their core competencies rather than worrying about acquiring and managing the latest customer management technology.”
About Peace Software
Peace Software, Inc. delivers the most comprehensive and cost-effective customer management solutions for utility and retail energy companies. The industry-leading Energyä suite is being rapidly deployed in twenty transitioning energy markets around the world. Based on industry standards, the innovative and customer-proven Energy suite integrates customer and commodity management for commercial and industrial (C&I) and mass markets. Headquartered in Miami and founded in 1984, Peace is a global company with offices in the United States, Canada, Australia and New Zealand. Visit us at www.peace.com
About Delinea Corporation
Delinea Corporation, a vertical services provider (VSP), combines deep vertical industry knowledge and skills with a unified platform of digital solutions including application service provision (ASP), consulting and outsourcing. Delinea emphasizes a focused, Smart-to-Market™ approach to the design, development and management of its customers’ technology environment. Delinea specializes in the energy sectors and possesses e-business development, applications hosting and management, systems integration and outsourcing experience that enables customers to concentrate on core operations as they transform their businesses. Formed in April 2000 and headquartered in Dallas, Delinea has 135 employees and received financing from Koch Ventures. More information about Delinea can be found at the company's Web site, www.delinea.com