Bowstreet to power energy industry "business web"

[Ann Kelly <akelly@bowstreet.com>]

Bowstreet to power energy industry "business web"

Software innovator Excelergy will use Bowstreet(tm) Business Web Factory to
help energy retailers and other clients mass-produce custom portals and
retain customers


LYNNFIELD, MA, December 13, 2000 - Excelergy Inc., a leading developer of
energy industry software, is using the Bowstreet(tm) Business Web Factory to
create a business web interconnecting thousands of North American energy
retailers and their customers.

With Bowstreet, Excelergy is transforming its software to modular web-based
services and proliferating them to clients and partners over the Internet.
Excelergy's clients - typically energy retailers throughout North America -
can acquire, combine, customize and deploy these web services to create
customized portals on a massive scale, all without programming. 

These portals, akin to a "myYahoo" for each energy consumer, serve
individual energy buying needs for customers ranging from individual
households to multinational corporations. The total effect is a massive,
dynamic business web of interconnected companies and individuals, an
emerging business model for commerce. 

"We've made huge investments in developing our applications. Bowstreet lets
us extract even more value from them by turning them into web services,"
said Philippe Frangules, Excelergy's vice president of e-commerce. "Our
clients now have tools for building customer loyalty in deregulated energy
markets. Through Bowstreet, our clients can create combinations of
information and services which completely satisfy consumers' energy needs so
they don't have to look at the competition."

Specifically, the Bowstreet Business Web Factory is helping Excelergy
convert its energy management applications into web services, XML-based
application components that interoperate with any technology system without
expensive custom coding. Through its new B2B portal, EnergyMarketplace,
Excelergy will offer its clients Bowstreet-powered web services for energy
commodity pricing, procurement consulting, price comparisons, reverse
auctions, weather and billing information. Excelergy chose Bowstreet over
competitors because the Business Web Factory can create personalized web
sites on a massive scale and was more adaptable to Excelergy's technical
needs. 

"Excelergy's business web demonstrates how to quickly and exponentially
increase return on a technology investment," said Bob Crowley, president and
CEO of Bowstreet. "There aren't too many markets bigger or more ingrained in
our lives than energy, and Bowstreet's plug-and-play e-commerce is giving
Excelergy's clients a revolutionary way to reach every individual corner of
that market." 
 
About Excelergy 
Excelergy delivers complete software technology to utilities and retail
energy companies operating in restructuring global energy markets.
Excelergy's innovative suite of EDI- and XML-enabled products includes the
Excelergy ABP(tm) 3000 customer billing and information system, the
Excelergy eXACT(tm) family of business-to-business transaction management
solutions, and the web-based Energymarketplace energy portal. Headquartered
in Lexington, MA, Excelergy has additional US offices in Santa Monica, CA
and Atlanta, GA. Its European headquarters are located in Bristol, England.
More information is available at www.excelergy.com.

About Bowstreet
Bowstreet provides XML infrastructure for plug-and-play e-commerce.
Bowstreet's Business Web Factory uses change-automation technology to create
business webs: fluid, interconnected collections of web services from
multiple providers that come together dynamically over the Internet.
Bowstreet's solutions enable companies to sell new products and services,
create new channels of distribution and develop new business initiatives at
a fraction of the time and cost of many of today's approaches. For more
information, visit www.bowstreet.com or call 781-586-7100. 

# # #

Bowstreet is a trademark of Bowstreet, Inc. All other company names and
product names may be trademarks or registered trademarks of their respective
companies or owners.

Contact:	

Ann Kelly
Bowstreet
603-559-1557
akelly@bowstreet.com

Tim Munroe 					 
Beaupre & Co. Public Relations Inc. 		
603-559-5820				
tmunroe@beaupre.com