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OpenLink Named to Long Island's '25 Fastest Growing' Companies List


Company Ranks #11 Fastest Growing in Annual Entrepreneurial Spirit Awards

MITCHEL FIELD, NY, November 20, 2001 /PRNewswire/ — OpenLink, an industry leader in energy and financial trading and risk management software solutions, has been recognized as one of Long Island, New York's fastest growing privately owned businesses for the second consecutive year.

Based on its growth and success from 1999 to 2000, OpenLink has been named the eleventh "25 Fastest Growing" company in the 15th Annual Long Island Entrepreneurial Spirit Awards.  The competition was sponsored by KPMG LLP, Hofstra University and Long Island Business News.

"We are very pleased by this public recognition for the efforts of our OpenLink team worldwide," said Coleman Fung, OpenLink founder and CEO.  "Our professionals in New York, London and Houston have enabled us to expand very quickly geographically and in our market sectors as OpenLink continues to provide solutions to pressing and complex business needs.  As our record year-to-date 2001 revenues show through the third quarter, as well as the recent opening of our Berlin office, OpenLink has the foundation to achieve aggressive long-term revenue growth while managing dramatic expansion domestically and internationally."

About OpenLink

Founded in 1992, OpenLink has emerged as a leading solution provider of energy and financial trading and risk management systems with broad market functionality.  The company's global client base includes Bank for International Settlements, Credit Local de France, Deutsche Bank, Duke Energy, Dynegy Inc., Hamburgische Electricitats-Werke, Energie Baden-Württemberg AG, Equiva Services LLC, ExxonMobil Gas, Gaz de France, Halifax PLC, Manulife Financial, Nexen, PanCanadian Petroleum, RWE Trading GmbH, and Shell Trading.  Headquartered in Long Island, New York, OpenLink employs more than 250 professionals worldwide and has offices in New York, London, Berlin and Houston.

Editorial Contact:

e-mail: Dorianne Landolphi
OpenLink
Marketing Communications Manager
Direct phone: +1 516 394 1115
Fax number: +1 516 394 1197