Triple Point and EnWorkz Offer Joint Solution for Power Trading and Generation Optimization

Westport, Conn., January 20, 2003 – Triple Point Technology, the leading provider of fully integrated, front- to back-office systems for power, natural gas, oil, and other commodities, announced today a partnership with EnWorkz, Inc., a vendor of state-of-the-art portfolio analysis and optimization technology, to deliver an integrated software platform for electricity trading, risk management, power scheduling, and portfolio optimization for the deregulated electricity marketplace.

The alliance will create a best-of-breed solution between Triple Point’s Power XL, next-generation electricity transaction and risk management system, and the EnWorkz PowerUp™ energy portfolio analysis framework. The combined solution will offer energy traders the ability to manage risks, streamline operations, and optimize electric power generation and delivery.
“Our alliance with EnWorkz will enable Triple Point to add bottom-line value to utilities, retailers, and IPPs,” said Peter F. Armstrong, president, Triple Point Technology, Inc. “Triple Point has the most comprehensive and complete energy trading solution available anywhere. Through our partnership with EnWorkz we continue to expand the value and functionality that Power XL has to offer.”

Bill Tan, CEO, EnWorkz added, "By combining EnWorkz's advanced generation and scheduling optimization system with Triple Point's enterprise portfolio and risk solution, Power XL, we are able to offer our customers an end-to-end solution to any challenge they face in these turbulent energy trading markets."

About EnWorkz Inc
EnWorkz, Inc. develops state-of-the-art software technologies for optimizing and managing the production, delivery, and trading of electric power. With our EnWorkz 1.0™ energy portfolio management suite, energy businesses have the advanced tools they need to make profits more predictable, risks more transparent, and information more accessible across the enterprise. EnWorkz, Inc. has offices in Singapore, Beijing, and Austin, Texas. For more information about EnWorkz, visit the Web site www.enworkz.com.

About Triple Point Technology
Headquartered in Westport, Connecticut (U.S.A.), Triple Point Technology operates worldwide, with London and Singapore serving as international hubs. Triple Point is a major provider of commodity trading systems used by traders, CEOs, and CFOs at more than 70 multinational energy, power, and financial services firms including: Morgan Stanley, Duke Energy, Cinergy, PETRONAS, Koch Industries, Amerada Hess, and BP.
Triple Point has realized 120% growth in revenue over the previous five years and has been recognized by Inc. magazine as one of the fastest growing companies in America four times for its performance since its inception in 1993. The company’s flagship products, Tempest XL, Power XL, and Gas XL, provide producers, users, and traders of oil, electricity, and natural gas, respectively, the tools needed to streamline transaction processing, maximize efficiencies in the supply chain, and perform sophisticated risk analyses. For more information about Triple Point, visit the Web site at www.tpt.com.