London, September 17, 2002 - OpenLink an industry leader in trading, risk management and operations software solutions, today announced that Barclays Capital, the investment banking division of Barclays Bank PLC, began trading UK Power this week using the Endur system to capture and manage its transactions.

This represents the completion of the first phase of a much broader project under way in the Commodities Group at Barclays Capital, which will see the implementation of Endur to support UK Gas and European Power and Gas trading in the near future.

Endur delivers seamless cross-market functionality that supports trading, risk and operations management across power, natural gas, NGLs, crude, metals, interest rate and foreign exchange.

Barclays Capital implemented Endur in 1997, initially to support its metals and financial energy trading activity. Earlier this year, the Commodities Group put into place a team for power and gas trading.

Jean-Claude Riss, Managing Director of OpenLink International, said: "We are delighted that Barclays Capital has extended its implementation of Endur. The robust trading and risk management capabilities within Endur provide users with a real edge in a highly competitive market and Barclays Capital's continuing extension of Endur across its commodities operation is further endorsement of the product's strengths and its value to the business."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development