AMDAX.com selects USPowerSolutions for PowerUp Service.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 12, 2000 USPowerSolutions, a leading B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Service Provider in e-commerce technology for the deregulated energy industry, today announces that it has been selected by the leading electricity on-line auction AMDAX.com, to provide PowerUp over the Internet for the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, (SDGE SDGE San Diego Gas Electric SDGE Stochastic Dynamic General Equilibrium (economics) SDGE Scalable Dual Graphics Engine ) electric market. PowerUp automates all communication between Energy Service Providers, Distribution Companies, and Meter Service Providers. It is a web-based EDI/XML-enabled CIS Cis (sĭs), same as Kish (1.) (1) (CompuServe Information Service) See CompuServe. (2) (Card Information S portal to regulated distribution providers. Designed specifically for competitive electric and natural gas providers, PowerUp enables ESPs to enroll, monitor, and manage customers in any deregulated market. By masking the complex formats, protocols, rules, and procedures of e-commerce in energy, PowerUp allows rapid entry into this emerging market, which is plagued by costly and time-consuming technology barriers. PowerUp provides a uniform interface for viewing and retrieving customer data as well as for making provisioning requests. Clients can access PowerUp through the web-based GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. or through direct XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. integration with their systems. PowerUp currently provides EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. transaction processing with UDCs on a monthly fee basis in restructured markets across the country. "We are thrilled about this new relationship with AMDAX. In the increasingly competitive deregulated energy market, technology solutions that lower costs, increase data accuracy and timeliness, and share data effectively across the enterprise are the key to the future." said Alex Kanuth, President of USPowerSolutions. "We are pleased to be able to provide our clients with the advantage of Internet-based e-commerce capabilities, and look forward to working with AMDAX to produce the lowest possible cost on the electric commodity." "USPowerSoutions meets our immediate needs by providing us with the tools necessary to penetrate our target geographic markets rapidly," says Eric Rosenblatt, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMDAX. "Looking forward, we are excited at the potential of this relationship, which has the ability to take us to the next generation of our business model." AMDAX is an efficient energy exchange designed to bring our customers the best energy pricing available in the market. By using PowerUp, AMDAX can act as a virtual ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. to better provide certain value-added services such as billing, DASRing, and other consulting services. AMDAX provides a competitive exchange that offers efficient, real-time competitive bids from qualified energy suppliers. Energy customers receive direct access to suppliers and lower the cost of traditional energy procurement. For more information on AMDAX, please contact them at 1.877.GO.AMDAX, or visit them on the web at www.amdax.com. USPowerSolutions provides relevant Internet technology solutions to interconnect participants in the rapidly deregulating de·reg·u·late tr.v. de·reg·u·lat·ed, de·reg·u·lat·ing, de·reg·u·lates To free from regulation, especially to remove government regulations from: deregulate the airline industry. $300 Billion energy market. Using a Web-based communications network, USPowerSolutions enables electronic transactions between Distribution Companies, Customer Acquisition Portals, Product Vendors, and Energy Service Providers, freeing ESPs to focus on key business operations. Clients are better able to increase profitability by expanding operations more rapidly, delivering superior customer service, and streamlining operations into new territories. USPowerSolutions is dedicated to meeting client needs and providing the best solution by developing configurable systems to fit specific needs. For more information or exciting job opportunities please contact Jackie Gallagher of USPowerSolutions jgallagher@uspowersolutions.com at 617.547.3800 x213 or visit us on the Web at www.uspowersolutions.com. |
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