CNG Transmission Corp. joins new 1 Connect service network.HOUSTON--(BUSINESS WIRE)-- Nov. 17, 1994--CNG Transmission Corporation (CNG CNG Compressed Natural Gas CNG Calling (Tone) CNG Comfort Noise Generation CNG Cryptography Next Generation (Microsoft Windows Vista) CNG Centre National de Génotypage ) has become the fifth pipeline company to join 1 Connect(TM) the new nationwide electronic communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. and set of software tools that enable energy industry participants to conveniently communicate through a single connection. 1 Connect is offered by 1 Source Information Services See Information Systems. Company. "An innovative solution like 1 Connect will help CNG meet the needs of its customers," said David Tolson, 1 Source Information Services president. "Customers have been searching for easy access to their business associates and information providers," Tolson said, "and 1 Connect provides that easy access. The advantages the 1 Connect nationwide electronic network can provide, with its wide range of products and services for the changing natural gas industry, are what our customers are telling us they want." 1 Connect was designed to meet the complex and interrelated in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in communications needs of producers, marketers, traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. , pipelines and local distribution companies as well as power generators and industrial customers. Through 1 Connect, customers can simultaneously access multiple business associates and information or service providers, including pipeline electronic bulletin boards (EBB), with one simple "mouse click" on an icon. CNG Transmission's E-SCRIPT system will be one of those EBBs. By January January: see month. 1995, all CNG customers will access E-SCRIPT via 1 Connect. 1 Connect subscribers can also access electronic mail and transfer nomination and other files to and from various bulletin board destinations. Also accessible with 1 Connect is key industry information such as the Petroleum Information Corporation's PI GRID| common code database, gas price indices and weather forecasts. "With 1 Connect, CNG will have on-line access to the business associates and information providers that are important to its everyday operations," Tolson said. "It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have a very timely innovation for the energy industry." 1 Connect was unveiled in October. Basic access to 1 Connect is available through simple dial modem connections. 1 Connect customers desiring very high speed data acquisition and transmission, as well as those who want to eliminate modems, can access the network through a variety of direct connect options. Companies wishing to subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; the 1 Connect network as a user or as an information content or service provider should contact 1 Source Information Services Company at 713/627-6400. Panhandle Eastern Panhandle Eastern Pipe Line Company, LP is a natural gas pipeline which brings natural gas from the panhandle region of Oklahoma east through the Midwest to supply Indiana and Ohio. It is owned by Panhandle Energy - Southern Union Gas Company. Its FERC code is 28. Corporation's four interstate in·ter·state adj. Involving, existing between, or connecting two or more states. n. One of a system of highways extending between the major cities of the 48 contiguous United States. Noun 1. pipelines: Panhandle Eastern Pipe Line Company, Trunkline Gas Company, Texas Eastern Transmission Corporation and Algonquin Gas Transmission Company joined the 1 Connect network Oct. 11. CNG Transmission Corporation, headquartered in Clarksburg, WV, is the interstate gas transmission subsidiary of Pittsburgh-based Consolidated Natural Gas Company, a fully integrated natural gas company. Primarily a provider of gas transportation and storage services, CNG Transmission has links to other major pipelines and to markets in the Midwest, Mid-Atlantic and Northeast regions of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . 1 Source Information Services Company is a subsidiary of 1 Source Corporation. 1 Source Corporation markets natural gas and related load and risk management services, as well as information management products and services. 1 Source Corporation is a subsidiary of Panhandle Eastern Corporation, America's natural gas transportation company, which operates one of the nation's largest interstate natural gas pipeline systems, providing natural gas transportation and related services to the Midwest and Northeast markets. CONTACT: Panhandle Eastern Corp.
Danny P. Gibbs, (media) 713/627-5011,
Gregg E. McBride, (investor) 713/627-4600 or
800/347-3636,
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