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Users Vote Global Energy Decisions Top Provider in Energy Risk Magazine Worldwide Poll

Posted on: Thursday, 23 March 2006, 18:00 CST

Global Energy Decisions (Global Energy), a leading provider of integrated software, data and advisory services to the worldwide energy industry, announced today that it was voted the top data provider for ease of use, and also won top spots for favourite data management system and ease of integrating with other systems in the 2006 Energy Risk Magazine user poll. Global Energy's Velocity Suite displaced several other data providers in this year's ranking, including Platts(TM) who were not ranked.

"We're pleased to be recognized by users who rely on our solutions to build complex deals around their energy assets and to model the risks and rewards of trades and physicals. The market wants the very best energy markets data combined with analytical tools to analyze the risks and reward of trades and physicals," said Ron McMahan, CEO of Global Energy Decisions.

Global Energy's Velocity Suite provides the historic energy markets databases and analytical tools for electric power, natural gas, and coal markets, as well as geographic information. The Velocity Suite is delivered as one integrated application enabling users to do simultaneous analysis of power and fuel markets.

"This recognition further validates our work to provide energy professionals with the easy-to-use solutions they need to assess complex and data intensive problems. With the Velocity Suite, energy companies get investment grade data and the tools to help them determine how energy assets behave under real world market circumstances," said Jon Ecker, President, Global Energy Intelligence, Global Energy's energy markets data business unit.

The Energy Risk rankings resulted from a worldwide survey of users who were asked to evaluate the world's top vendors for quality, ease of use, functionality and performance. Energy Risk magazine is published by Incisive Media.

About Global Energy: Global Energy provides energy organisations with solutions based on a common framework of software applications, energy markets data, and advisory services to enable energy professionals to forecast electricity pricing and demand, conduct resource planning, perform strategic studies and competitor analysis, manage risk, trade energy and schedule delivery, and optimize generation performance. Based in Boulder, Colorado, Global Energy has over 400 customer relationships worldwide with the industry's leading market participants. More information about Global Energy is available at www.globalenergy.com.

Platts(TM) is a registered trademark of the McGraw-Hill Companies.

 For further information, contact: Andy Bane Global Energy Decisions, Inc. +1 720 221 5708 Contact via http://www.marketwire.com/mw/emailprcntct?id=92D78FDFF2C637D0  

SOURCE: Global Energy Decisions

Source: MARKET WIRE

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