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December 2002 EC Power Leads Market Share for Independent Transaction Service Providers (TSP's) in the Texas Deregulated Power Market EC Power, has emerged as the leading independent electronic Transaction Service Provider (TSP) for the State of Texas, for the competitive retail energy market, based on volume of customers served in the state. Since the opening of the Texas retail power market on January 1, 2002, EC Power has processed monthly transactions for over 1 million Texas retail customers; averaging 3-4 million secure transactions per month. This retail customer volume represents an approximate 20% market share of the 5+ million retail customer's included in the Texas electric power industry deregulation at this time. EC Power moves transactions electronically for a growing number of competitive retailers in Texas. These market retailers are required to interface electronically with the Energy Reliability Council of Texas (ERCOT), for all customer enrollments, switching, and billing transactions. Additionally, EC Power is prepared to assist Cooperatives and Municipal entrants into the Texas marketplace in 2003. "EC Power has certified eleven competitive retailers in the Texas market using our proven methodology, and processes for seven. Because the transaction data processing is absolutely critical to our clients being able to operate successfully, we view each client as a partner. We work with the clients daily to resolve and address market issues", states Jennifer Teel, Director of eBusiness Solutions for EC Power. About EC Power In business since 1995 and based in Houston, EC Power has a long history in the fast moving e-commerce markets, facilitating business-to-business transaction movements in a rapid and cost-effective manner. The Company has significant experience in managing large-volume EDI hubs within the energy industry, and a proven track record of delivering reliable and timely electronic transaction management services to some of the nations leading energy companies. EC Power's experience extends far beyond the Texas market with connections to over 50 utilities in 15 deregulated states. Our national experience in the electric, gas, and oil industries provide clients with sound, secure and cost effective solutions. Contact: Lisa Shaw 713-403-8734 lisa.shaw@ec-power.com

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