ista North America and EC Power Alliance Paves the Way Toward Seamless Product Integration.Deal recognizes successful long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. relationship and future commitment HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; -- ista 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. and EC Power today announced an alliance to jointly market their services. The deal includes ista's billing services and hosted Customer Information Systems (CIS Cis (sĭs), same as Kish (1.) (1) (CompuServe Information Service) See CompuServe. (2) (Card Information S ), and EC Power's electronic transaction management services. The alliance was a natural fit for both companies because of their commitment to providing efficient business-to-business information exchange in transitional and competitive energy markets. The alliance formalizes the companies' long-standing relationship and paves the way for extended product alignment and seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. . "We are delighted to formalize this long and successful relationship with EC Power in serving Texas Retail Electric Providers (R.E.P.'s). EC Power has been a trusted and reliable partner for us, and they have enabled us to serve our R.E.P. clients with excellent, reliable, and agile systems and services," states Ruediger Neubauer, Executive Vice President of ista North America. Neubauer has been responsible for leading ista's Utility Solutions Group since 2001 and worked closely with EC Power to formalize the deal. He continues, "We will continue to lean on EC Power for the growth and expansion of our Texas R.E.P. clients' businesses as well." Together, ista and EC Power enable utilities, multi-family property owners, and energy retailers to achieve excellent customer service, operational efficiencies and tremendous savings, while providing the agility to expand and respond to evolving market and business process shifts. ista North America offers ista|net, a back office billing solution that integrates a highly-intelligent, optimized, and flexible billing platform with the operational excellence of highly-trained operators, process analysts and developers. EC Power connects and manages the electronic exchange of customer- and commodity-related data between energy companies and their trading partners. "Our relationship has given us a chance to develop in-depth knowledge of ista's CIS and billing system, and we can rapidly deliver an integrated solution that sustains a high volume of customers and commodity data for multiple markets and services", states JR Hunter, EC Power's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "Our customers can take advantage of speed to market as a result of our close working relationship and familiarity." About ista North America ista North America is the proven global leader in the consumption-based billing of energy, and water. ista's Utility Solutions Group provides billing services, hosted Customer Information Systems and back office outsourcing/optimization for deregulated retail energy providers and regulated utilities. ista serves the utility, multifamily, commercial, and military industries, and is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , with offices in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). , Atlanta, Georgia Georgia, country, Asia Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia. and Jacksonville, Florida “Jacksonville” redirects here. For other uses, see Jacksonville (disambiguation). Jacksonville is the largest city in the state of Florida and the county seat of Duval County. . A complete overview of ista's products and services can be found online at www.ista-na.com. About EC Power EC Power is an electronic transaction service provider and an application-hosting provider that has deep expertise in the energy industry and large-scale electronic transaction clearinghouses. EC Power assists companies to quickly and cost-effectively exchange electronic transactions in a secure and reliable manner using industry standards. With our hosting options, EC Power focuses on back office functions that support wholesale and retail energy operations. Processing over 4 million transactions a month, from electric utility invoices to natural gas nominations to electronic payments and supplier purchase orders, EC Power supports any formatted transaction and securely delivers the transactions to the trading partners. |
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