Chuck Henry Joins the Enermetrix Board of Directors; President & COO of Chicago Board Options Exchange Expands His Role in Leading E-Commerce Energy Company.

Business/Technology Editors

MAYNARD, Mass.--(BUSINESS WIRE)--May 15, 2000

Enermetrix, the leader in Internet commerce for energy, today announced the appointment of Chuck Henry, president and COO of the Chicago Board Options Exchange, Inc. and former president and CEO of the Pacific Stock Exchange, to its Board of Directors.

"Chuck brings an unparalleled knowledge of markets and exchanges to Enermetrix," said John Gaus, CEO of Enermetrix. "For the past several months, Chuck has served on the Advisory Board for the Enermetrix.com Exchange, helping to review, modify, and develop exchange rules, processes and procedures. His experience with growing and automating exchanges will be of great value to Enermetrix as we continue to build and automate what we believe will be the dominant transaction platform for competitive energy markets."

"I am excited about joining the leading team in this dynamic business," said Chuck Henry. "Technology, automation and particularly the Internet have and will continue to make profound and permanent changes to both domestic and global financial markets. I am looking forward to working with Enermetrix to advance their leadership position."

In addition to serving on Enermetrix's Board of Directors and Exchange Advisory Board, Henry has served as a board member for the North American Electric Reliability Council. Henry is also a board member and executive committee member of the Cincinnati Stock Exchange.

Henry is president and chief operating officer of the Chicago Board Options Exchange (CBOE). In this role, he has overseen a tenfold growth in volume and revenues, the successful transition to competitive deregulated markets and development of the most advanced technology in the industry. Henry also is a member of the Economic Club of Chicago and served as director of the Options Clearing Corporation. Prior to the CBOE, Henry served as president and CEO of the Pacific Stock Exchange and chairman and CEO of P.C. Service Corporation, a systems service organization.

Henry holds a bachelor's degree in business and engineering administration from the Massachusetts Institute of Technology. He served in the United States Air Force from 1958 to 1961 attaining the rank of Captain.

About Enermetrix

Enermetrix is a privately held company headquartered in Maynard, Massachusetts, with operations throughout the United States. The Company created and operates the nation's most active Internet exchange for commercial, industrial and other aggregate energy transactions. The Company is the leading provider of Internet commerce solutions to Utilities, Energy Service Companies, Energy Traders and Corporate Energy Buyers. Enermetrix revolutionizes how companies manage their business in deregulating energy markets.

InformationWeek named Enermetrix one of the Top 100 E-businesses of 1999. In addition, the Company has twice been awarded the prestigious CIO WebBusiness 50/50 Award. The Company's investors include: InSight Capital Partners; GE Capital, a Company of General Electric (NYSE: GE); Duquesne Enterprises, a subsidiary of DQE Enterprises, Inc. (NYSE: DQE); and Unitil Corporation (AMEX: UTL). For additional information regarding Enermetrix, visit the Company's web site at www.enermetrix.com or call [phone].