Kansas Energy Selects NewEnergy for its ETRM Business

Atlanta, GA - 6 August 2007

Kansas Energy recently selected NewEnergy Associates, A Siemens Company, to implement Monaco®, a front-to-back energy trading and risk management (ETRM) system.

Kansas Energy, a member of the natural gas marketing community for several years, will utilize Monaco for invoice reconciliation and distribution, in-depth credit analysis, real-time valuation and position-reporting capabilities, and comprehensive management of physical and financial transactions related to natural gas trades.

Monaco offers traders tremendous flexibility, as well as controls, risk analytics, a newly minted FAS-133 module, innovative gas scheduling functionality, and transparent audit trail capabilities, all critical functions given that Kansas Energy is owned by a Fortune Global 500 company. Mark Gurley, President, echoed this statement, “After evaluating over 10 ETRM systems, we chose Monaco because of its ability to handle both physical and financial position reporting and its physical scheduling capabilities.”

John Brown, Chief Operating Officer at NewEnergy commented, “Industry players are looking for an economical solution that can fulfill front-to-back operations functions, while streamlining their natural gas scheduling process. Monaco can provide a noticeably improved flow of information between trading, risk, and operational functions.”

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