OpenLink

OpenLink Leader in Energy Trading and Risk Management (ETRM) Software Solutions Fourth Year in a Row

• End-Users and Trading Houses Rank OpenLink #1 in Energy Risk Software Rankings 2008
• Ranked #1 in 13 Categories – 5 More Than in 2007 – As Voted for by Industry Users
• Energy Risk Survey Rates OpenLink Top 3 Finalist in every Category

NEW YORK, NY, March 5, 2008 /Business Wire/ — OpenLink, a leading provider of cross asset trading, risk management and operations processing software has been ranked the #1 provider of ETRM software solutions by end-users and trading houses in the recently completed survey by Energy Risk Magazine (www.energyrisk.com). In the 2008 Software Rankings by Energy Risk Magazine, OpenLink was ranked the number one vendor in 13 out of 20 categories, while also being named in the top 3 in every category. Additionally, the company is a repeat winner in 6 categories, including ‘Best Customer Service’ and ‘Best Knowledge of the Market.’

The Energy Risk survey assesses software vendors based on the functionality, usability, performance, and reliability of solutions by conducting an online poll of industry users of energy trading and risk management tools. For 2008, the survey expanded its focus to assess solution attributes such as adaptability to new markets and products, increased physical functionality, advances in analytics, commodity coverage and real-time functionality and vendor attributes such as a deep understanding of energy market dynamics.

OpenLink was ranked as the top Risk Management Vendor in ‘Market Risk’, ‘Operational Risk’ and ‘Modeling’, and, in the ‘Trading’ category, the company ranked first place in ‘Trade Execution’, ‘Portfolio Management’, ‘Risk Metrics’, ‘Modeling’ and ‘Trade Capture’. In the ‘Front to Back Processes’ category, OpenLink took first-place in ‘Integrated Trading and Risk Management’ and ‘Physical and Financial Integration’. OpenLink was ranked number one by the surveyed respondents when asked to rank the ‘Best Advisor / Implementation Specialist.’

Kevin Hesselbirg, CEO commented “We are delighted that the industry has continued to recognize Endur as the leading solution for the complex needs of the energy markets. We are especially honored that our users have extended their appreciation to the entire organization by recognizing our continued investment in product support, domain expertise, and implementation advice. The rankings validate our many years of investment and innovation in the industry and we are grateful to our loyal customers for their continued support and partnership as we continue to address the emerging needs of these markets and challenging economic times.”

About OpenLink

Founded in 1992, OpenLink is a leading developer of cross-asset trading, risk management, and operations processing software solutions. The company's Next Generation eXtensible (NGX) platform supports the most rigorous business requirements of firms trading in virtually all asset classes including crude products, natural gas, electricity, weather derivatives, emissions credits, interest rate derivatives, credit derivatives, hybrid/structured products, fixed income securities, foreign exchange, money markets, metals, soft, and other commodities. OpenLink's global client base includes 120+ clients such as Austin Energy, APC Austrian Power Vertriebs GmbH, Bank of America, Bridgeline Holdings, BKW FMB Energie AG, Calyon, Coral Energy, Citigroup Global Market, Inc., D-Energia Kft., Deutsche Bank, ECO Securities Group PLC, Enbridge, HESS Corporation, Kansas City Power & Light Company, Nexen, NEW Energie GmbH, Shell, Statoil, and Vattenfall Europe Trading. Headquartered in Long Island, New York, and with offices in London, Houston, New York City, Berlin, Vienna, Sydney, and São Paulo, OpenLink employs more than 560 professionals worldwide.

Editorial Contact

Marketing and Communications
Open Link Financial, Inc.
Phone: +1 516 833 4509