Coal and Oil Company Selects Triple Point Commodity XL Solution for Coal, Oil and Logistics; Triple Point Chosen for Its Multi-Commodity Capabilities, Next-Generation Architecture and Recognized Service Excellence.

WESTPORT, Conn. -- Triple Point Technology, the leading global supplier of cross-industry software platforms for the supply, trading, marketing and movement of commodities, announced today that Coal and Oil Company LLC (CNO) has selected Triple Point's Commodity XL(TM) and PhysOps 'Visual Cockpit' for trading, risk management and logistics operations.

"Triple Point provides the most advanced technology, with proven product functionality, and a reputation for service excellence," said Peter F. Armstrong, president and CEO, Triple Point Technology. "It is gratifying that CNO has chosen Triple Point for energy trading and logistics. In addition to being a best-of-breed transactional system that has full support for aggregated multi-commodity risk management and integrated logistics, Commodity XL is designed to deliver business intelligence and advanced decision support at every step in the life cycle of a transaction."

Coal and Oil Company LLC (CNO), incorporated in 1998 in Dubai, United Arab Emirates, is a major provider of coal to India and Pakistan, doing business with providers around the globe. CNO joins Triple Point's growing global client community that includes customers on every continent, serviced from Triple Point's five development and support centers strategically located around the world in Westport, Houston, Pune, London and Singapore.

About Triple Point Technology

Triple Point Technology is the leader in trading, risk management, scheduling and logistics solutions for commodities including power, oil, gas, coal, metals, agricultural products and freight. Triple Point Commodity XL(TM) profitably manages the complex, ever-changing requirements of physical and financial markets. Commodity XL integrates front-to-back office and delivers best-of-breed functionality for the supply, trading, marketing and movement of commodities on a single next-generation platform. Triple Point's real-time system helps customers of all sizes streamline trade processing, reduce transaction costs, maximize supply chain efficiencies, precisely measure and manage market risk, evaluate performance, and ensure regulatory and accounting compliance.

Named "Software House of the Year" by Energy Risk, Triple Point's award winning solutions are used by more than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies including Amerada Hess, HETCO, Louis Dreyfus, BP, Morgan Stanley, Preem, Tesoro, Valero, OMV, BPCL, ConocoPhillips, Petronas, Oxy, Cinergy, Marathon Oil, Noble Group, Commerce Energy, ITOCHU, General Maritime and Glencore. Founded in 1993 and headquartered in Westport, Connecticut, USA, Triple Point serves clients in Asia, Africa, Australia, Europe, North America and South America from its five development and support centers strategically located around the world. More information is available at www.tpt.com.