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OpenLink and Logica Alignment Results in NETA Compliancy

Endur™ Solution Set Supports Clients Trading Under New Arrangements

London - April 10, 2001 - PRNewswire - OpenLink, an industry leader in energy and financial trading and risk management software solutions, today announced that its Endur™ energy solution set is compliant with the recently implemented New Electricity Trading Arrangements (NETA) in the United Kingdom. Working with alliance partner Logica, enhancements were completed prior to NETA's live date enabling clients to trade within the UK wholesale electricity market.

"We have been tracking the progress of the NETA implementation since the beginning and have worked closely with Logica to ensure that our current and future users would be able to capitalize on the opportunities presented under this new structure," said Jean-Claude Riss, managing director of OpenLink's European Operations. "Scottish Power and another major UK generator have both recently licensed Endur to assist them with their trading activities within this revamped wholesale market."

OpenLink's Endur helps manage energy trading functions and operational risk, providing users with real-time decision-making, configurability, flexibility, and scalability. Besides addressing the challenges of changing core energy markets, Endur easily provides trading and risk management support for a wide range of markets, such as coal, soft commodities, metals, currency, interest rates, emissions, weather derivatives, and bandwidth.

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, Bank of Canada, Credit Local de France, Deutsche Bank, Duke Energy, Dynegy, Hamburgische Electricitats-Werke, EnCana, Equiva Services LLC, ExxonMobil Gas, Halifax PLC, Manulife Financial, Mirant, Nexen, Shell Trading and WestLB. Headquartered in Long Island, New York, OpenLink employs more than 300 professionals worldwide and has offices in New York, London, Berlin and Houston.

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