Comverge Announces PowerCAMP™ Licensing Agreement with PPL Electric Utilities
FLORHAM PARK, NJ-April 16, 2002--Comverge Technologies, Inc., a subsidiary of Data Systems & Software Inc. (NASDAQ: DSSI), announced today that it has entered into a licensing agreement with PPL Electric Utilities, a subsidiary of PPL Corporation (NYSE: PPL), for its multipurpose PowerCAMPTM End-to-End Energy IntelligenceTM software platform. PowerCAMPTM provides PPL Electric Utilities with an end-to-end software solution for automated meter reading (AMR) and comprehensive energy usage analysis of its largest C&I customers that comprise nearly one quarter of its regional revenue. This PowerCAMPTM software license is an integral component of Comverge's previously announced $3.2 million contract with PPL Electric Utilities for its MaingateTM C&I wireless web gateway system.
Robert M. Chiste, Chief Executive Officer of Comverge, stated: "We are pleased with our new licensing agreement with PPL Electric Utilities and its enthusiastic acceptance of our PowerCAMPTM load analysis and AMR software modules. With this deployment, we are demonstrating to our universe of customers and the financial community that we are successfully implementing our End-to-End Energy IntelligenceTM positioning as a full-spectrum energy intelligence provider. We applaud PPL's progressive approach to energy intelligence and continue to pursue similar relationships with other utilities and energy providers."
Michael E. Bray, President of PPL Electric Utilities, stated, "We believe AMR technology will enable us to continue our leadership position in customer service and satisfaction. We have evaluated thoroughly all of the technologies available. We feel the Comverge solution meets our needs and will help us better serve industrial and commercial customers."
Comverge's PowerCAMPTM software modules encompass load Conservation, load Analysis, automated Meter reading, and various real-time/TOU Pricing models, in one fully customizable, enterprise-wide suite of connectware. PowerCAMPTM application modules are driven by Comverge's standards-based, field-tested, and fully-scalable PowerCAMPTM Server modules, with Comverge's PowerCAMPTM Sentry encryption/decryption, to secure energy data over WAN communication networks.
About PPL Corporation
Headquartered in Allentown, Pa., PPL Corporation controls or owns more than 10,000 megawatts of generating capacity in the United States, markets energy in select U.S. states and Canada, and delivers electricity to nearly 6 million customers in Pennsylvania, the United Kingdom and Latin America.
About Comverge Technologies, Inc.
Comverge Technologies, Inc., The Power in Power TechnologyTM, has more than 500 customers, in 15 countries around the globe. Comverge has offices, research facilities, representatives and agents located worldwide. Comverge's End-to-End Energy IntelligenceTM software suite, PowerCAMPTM, combined with its field-proven hardware development and manufacturing expertise, enable scalable information infrastructures-custom-designed to meet the needs of today's innovative energy suppliers. Comverge Technologies Group provides integrated, full-spectrum solutions for direct or voluntary load control programs, remote meter reading, price-responsive programs, time-of-use billing, distributed generation monitoring, theft/outage detection and more. Comverge Enterprises Group provides innovative business solutions including owned and operated systems, negawatt power purchase agreements, and joint ventures. For more information visit www.comverge.com.
In addition to the energy management solutions business conducted through Comverge, Data Systems & Software Inc. is a provider of computer consulting and development services, and is an authorized direct seller and value added reseller of computer hardware. Through its DSIT subsidiary, DSSI provides IT solutions. For additional information on DSSI, visit: www.dssiinc.com or www.nfnonline.com/dssi. For additional information on DSIT, visit www.dsi.co.il.