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Richard P. Felak Affiliates With R.J. Rudden Associates, Inc.

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 7, 1999--

R.J. Rudden Associates, Inc. (Rudden) announced today that Richard P. Felak, P.E. has affiliated with the firm as a Senior Associate Consultant. Mr. Felak specializes in electric industry restructuring, transmission and generation economics and operations, power flow analysis, market assessment, and infrastructure and operational issues concerning Independent System Operators and Regional Transmission Organizations. Mr. Felak will continue to be located in Schenectady, New York and will work through Rudden's headquarters office in Hauppauge, New York.

Mr. Felak has more than thirty years of experience, and has been a technical and economic consultant to the power industry since 1989. During that time, his assignments have included power system analysis, LBMP effects, generation and transmission asset valuations and auction strategy, ISO and RTO formation and implementation, energy marketing, power plant performance improvement, FERC testimony concerning system economics and operations, and related areas. He has had very substantial involvement with the New England, New York, and California ISOs, and has recently worked on projects concerning ISOs and RTOs in the mid-west.

"We are very happy to have Rich with us," stated Richard Rudden, President and CEO of the Company. "Rudden has been engaged by many of the ISOs and RTOs that are either in operation or in their formative stages to assist them in a variety of planning and operational areas. Rich brings significant additional depth to our existing capabilities in this area. He is a person of the highest technical capabilities, and well respected by power industry leaders and decision makers."

Mr. Felak stated, "I am excited about becoming an integral part of the Rudden team. I have been very impressed with the extent and quality of their assignments involving ISOs and RTOs, and see their market position as advantageous to my expanded involvement."

Prior to his consulting career, Mr. Felak was with the General Electric Company where his positions included the performance of power system studies nationwide using multi-area production simulation and security-constrained optimal power flow models. He previously was a manager in GE's merchant power plant project development function, and also was responsible for their gas and steam turbine plant upgrading and life extension programs.

Mr. Felak holds B.S.E.E. and M.S.E.E. degrees in Electric Power Systems Engineering from Rensselaer Polytechnic Institute. He is a senior member of the Institute of Electrical and Electronics Engineers, a registered panelist of the American Arbitration Association, and the author of forty publications.

Founded in 1981, R.J. Rudden Associates, Inc. is one of the nation's leading management consulting firms specializing in energy and utility matters. Serving more than 250 clients worldwide, Rudden's 70 energy industry professionals include former utility executives, senior regulatory officials, renowned futurists, and internationally respected career consultants. Rudden's clients span the full range of the energy sector including producers, transporters, energy marketers, utilities, commercial and investment banks, real estate and energy project developers, energy intensive consumers and companies wishing to sell into the energy sector. Rudden is headquartered in Hauppauge, New York (Long Island) and maintains offices in San Francisco and Washington, D.C. Additional information about the firm is available on Rudden's website at www.rjrudden.com.
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Publication:Business Wire
Date:Dec 7, 1999
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