Delinea Announces New Integrated Suite of Online Applications and Services for Petroleum Marketers; Octane+ Integrates Radiant Systems and J.D. Edwards Applications.

Business Editors; Energy & High-Tech Writers

DALLAS--(BUSINESS WIRE)--Oct. 22, 2001

Delinea Corporation today announced the release of "Octane+," a new integrated suite of online applications and services specifically designed to address the informational needs of petroleum marketers.

Delinea Corporation, a technology services company dedicated to providing services and solutions explicitly designed for the energy industry, made the announcement at the NACS Show in Las Vegas.

"Owning disparate store systems, enterprise resource management (ERP), or financial systems to competitively operate and manage a convenience store just isn't enough anymore," said Ron Verner, chief executive officer for Delinea. "That's why we drew on our deep energy-industry expertise and heritage in the convenience store sector to design an integrated, comprehensive, and affordable solution that provides petroleum marketers with a new level of knowledge and information they need to improve their bottom line."

By integrating features and functionality found in best-of-breed applications, with components exclusively engineered by Delinea, Octane+ delivers a breadth of information currently unobtainable in disparate applications used by petroleum marketers today. Octane+ currently leverages features and functionality found within: Radiant Systems' Supply Chain Suite, Workforce Suite, and Operations Management Suite, as well as J.D. Edwards OneWorld(R).

Using this uniquely integrated solution, petroleum marketers can now view, customize and extract information specific to their business needs, including: pricebook, corporate financials, promotions management, vendor management, workforce management, supply chain management, network management, operations management, and profit and loss reports all from a single application with one point of entry.

To reduce data entries, discrepancies and reconciliations, customers may also interface Octane+ with their legacy and third-party systems.

"Our depth of experience in the petroleum marketing industry led us to integrate applications from Radiant Systems and J.D. Edwards first because these solutions offer the most critical business functionality to the convenience store owner," said Becky Boutwell, managing director for Delinea's petroleum marketing division. "Other pivotal, industry-specific applications slated for integration are fuel distribution, computer-based training, and environmental compliance management."

According to Stamford-based research firm, Gartner Group, developers spend 68 percent of their time "gluing" applications together at an estimated cost of more than $120 billion. With Octane+, however, petroleum marketers receive immediate value from an integrated solution that instantly blends and shares information across their organizations.

"The petroleum convenience store industry is Radiant's leading business segment in terms of revenue and investment," said Rich Hagan, director of the petroleum convenience store group at Radiant. "Together, Radiant and Delinea can help the industry evolve by delivering applications that address convenience store operator's complex business requirements in a way that reduces the total cost of technology ownership and enables greater flexibility in managing the business."

A Cost-Efficient Delivery Process

Delivered in an application service provider environment, Octane+ enables petroleum marketers to quickly and affordably access best-of-breed applications in a single, integrated platform anytime, anywhere.

By enabling customers to rent Octane+ in a hosted atmosphere, convenience store owners no longer have to spend the time or money traditionally required to implement, integrate, and maintain stand-alone applications needed to run their business. Octane+ is hosted in Delinea's state-of-the-art, wholly-owned data center in Houston.

"By using an application service provider model, we were able to design a very modularized solution that gives our customers the flexibility to access, and pay for, only the applications they want and need," said Boutwell. "With Octane+, petroleum marketers no longer have to be burdened with implementing and maintaining a myriad of applications in multiple stores."

The Octane+ portal and Web-native Design

Using Octane+'s easy-to-use Web-based portal, petroleum marketers now have a single location from which they can view, customize and extract real-time data in ways that particularly address their specific business issues.

The solution's Web-native design, or architecture for accessing applications over the Internet, also enables entitled employees to obtain this information using the Internet, dedicated network access or virtual private network (VPN), 24 hours a day, seven days a week.

Delinea Corporation

Delinea Corporation is a technology services company that delivers a breadth of services and solutions specifically designed for the energy industry. With a depth of vertical industry knowledge and information technology expertise, Delinea has developed a unique suite of industry-specific services and solutions focused in the areas of outsourcing, professional and application services. Based in Dallas, Delinea was founded in April 2000 and has 145 employees. For more information about Delinea, visit www.delinea.com or dial 800/752-8293.