Liberty Power Selects NewEnergy RetailOffice® To Manage Multi-State Energy Market Operations

Atlanta, GA - 20 February 2007

NewEnergy Associates, A Siemens Company, announced today that Liberty Power Corp., the fastest-growing independent energy retailer focused on business consumers, selected its RetailOffice® solution to manage load forecasting and supply management requirements in New York, ERCOT, and PJM.

“We feel NewEnergy provides the best solution for managing our retail energy business in both the short and long term,” stated Alberto Daire, Liberty Power’s COO. “The flexibility of RetailOffice allows us to not only meet our immediate forecasting needs but also provide an integrated platform on which to add supply management and ISO communications as our business and needs grow.”

Liberty Power will use RetailOffice to support all of the business processes associated with retail supply management, including customer load profiling, load forecasting and backcasting, and position management. The long-term horizon includes the integration of NewEnergy’s wholesale scheduling and settlement capabilities, plus risk management.

“We are proud to add Liberty Power to our growing base of energy marketer customers,” says Deane Price, CEO for NewEnergy. “As part of a larger trading and operations suite, RetailOffice provides an opportunity for marketers to invest in the technology they need, when they need it, and can afford it.”

More than 45 competitive gas and electric companies have chosen RetailOffice to support their energy operations requirements, including a rapidly growing number of competitive retail marketers. NewEnergy’s trading and operations suite can provide these companies with seamless information exchange between energy planning, dispatching, the trading floor, scheduling desk, risk desk, and accounting and billing departments.

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