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Excelergy is Awarded Project With Singapore's SembCorp Utilities.


Business/Technology Editors

Excelergy(R) Corporation, a world leader in high performance software products for critical business processes in the energy/utility industry and other restructuring markets, has signed an agreement to provide Singapore's SembCorp Utilities Pte. Ltd., the utilities arm of SembCorp Industries SembCorp Industries Limited SGX: U96 is a Singapore area based provider of infrastructure services including utilities, engineering, construction, environmental engineering, supply chain logistics, physical fulfullment and marine engineering. , with the Excelergy Advanced Business Package(TM). SembCorp Utilities is now deploying the Customer Care &Billing(TM) and Complex Billing(TM) components of Excelergy Advanced Business Package.

SembCorp Utilities is Singapore's leading integrated energy provider which generates, retails, and delivers natural gas, power, steam, high-grade industrial water and other utilities and services to industrial, commercial and domestic customers in Singapore.

"We're pleased SembCorp Utilities has chosen Excelergy's platform to help manage its critical business processes and integrate its value chain," said Bill Mahoney Bill Mahoney (born June 23, 1936 in Peterborough, Ontario) is a former Canadian ice hockey coach. He was head coach of the Minnesota North Stars from 1983 to 1985. External links
  • Bill Mahoney's career stats at The Internet Hockey Database
, president and chief executive officer of Excelergy. "Our proven successes in delivering straight-through processing straight-through processing

The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions.
 for our clients' most mission-critical processes make this relationship a tremendous fit for both companies. We are already executing against our rapid deployment and integration timeframe to deliver bottom-line business benefits to SembCorp Utilities."

Excelergy Advanced Business Package is a fully integrated customer care, billing and revenue management platform that enhances customer acquisition and retention, enables personalized billing, and improves revenue management and financial settlement. The platform's rapid deployment and easy integration will enable the utility to more efficiently market and sell products and services and more accurately bill and serve its growing number of energy and utilities customers. It provides easy, secure access to a single, real-time billing and customer information system for all SembCorp Utilities' customer service representatives, enabling them to deliver improved customer service quality at reduced response times.

SembCorp Utilities also is deploying the Complex Billing component of the Excelergy Advanced Business Package. Deployed in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  by leading energy companies including Sempra Energy Sempra Energy NYSE: SRE is a San Diego, California-based energy services holding company that was founded in 1998. Sempra owns the Southern California Gas Company, San Diego Gas & Electric, Sempra Commodities, and Sempra Generation.  Solutions, the Complex Billing component is a flexible and boundless rating and calculation engine that delivers interval data management to meet the unique billing requirements of SembCorp Utilities' commercial and industrial customers.

About SembCorp Utilities

Singapore's SembCorp Utilities is a pioneer in providing reliable, efficient and cost-competitive power, gas, water, wastewater management and other utilities and services to domestic, commercial and industrial customers in the Asia-Pacific region. SembCorp Utilities is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 and the power and integrated utilities arm of SembCorp Industries. SembCorp Industries is 58 per cent owned by Temasek Holdings Temasek Holdings is an Asia investment company headquartered in Singapore. With a multinational staff of more than 300 people, it manages a portfolio of over S$160 billion, or more than US$100 billion, focused primarily in Asia. , an investment arm of the Singapore Government. SembCorp Utilities aims to be the leading power and integrated utilities group in the Asia-Pacific region by 2005. More information is available at www.sembutilities.com.

About Excelergy

Excelergy is a world leader in high performance software platforms that automate six mission-critical business processes--forecasting, trading, scheduling, billing, settlement and customer/partner acquisition and care--in the energy/utility industry and other restructuring markets. Excelergy's highly flexible, scalable software platforms are based on an open, object-based, Web-based, native 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.
 technology architecture. Winner of both the Red Herring Red Herring

A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company.

Notes:
 100 and UPSIDE Hot 100 awards for the world's top private companies, Excelergy has its North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 headquarters in Lexington, Massachusetts, with its European headquarters in Bristol, England and its Asia-Pacific operations based in Melbourne, Australia. More information is available at www.excelergy.com.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9SING
Date:Jun 27, 2002
Words:529
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