December 2006ista North America and EC Power Alliance Paves the Way Toward Seamless Product Integration
Deal recognizes successful long-term relationship and future commitment
Houston, TX - ista North America and EC Power today announced an alliance to jointly market their services. The deal includes ista's billing services and hosted Customer Information Systems (CIS), and EC Power's electronic transaction management services. The alliance was a natural fit for both companies because of their commitment to providing efficient business-to-business information exchange in transitional and competitive energy markets. The alliance formalizes the companies' long-standing relationship and paves the way for extended product alignment and seamless integration.
"We are delighted to formalize this long and successful relationship with EC Power in serving Texas Retail Electric Providers (R.E.P.'s). EC Power has been a trusted and reliable partner for us, and they have enabled us to serve our R.E.P. clients with excellent, reliable, and agile systems and services," states Ruediger Neubauer, Executive Vice President of ista North America. Neubauer has been responsible for leading ista's Utility Solutions Group since 2001 and worked closely with EC Power to formalize the deal. He continues, "We will continue to lean on EC Power for the growth and expansion of our Texas R.E.P. clients' businesses as well."
Together, ista and EC Power enable utilities, multi-family property owners, and energy retailers to achieve excellent customer service, operational efficiencies and tremendous savings, while providing the agility to expand and respond to evolving market and business process shifts. ista North America offers ista|net, a back office billing solution that integrates a highly-intelligent, optimized, and flexible billing platform with the operational excellence of highly-trained operators, process analysts and developers. EC Power connects and manages the electronic exchange of customer- and commodity-related data between energy companies and their trading partners.
"Our relationship has given us a chance to develop in-depth knowledge of ista's CIS and billing system, and we can rapidly deliver an integrated solution that sustains a high volume of customers and commodity data for multiple markets and services", states JR Hunter, EC Power's Chief Operating Officer. "Our customers can take advantage of speed to market as a result of our close working relationship and familiarity."
About ista North America
ista North America is the proven global leader in the consumption-based billing of energy, and water. . ista's Utility Solutions Group provides billing services, hosted Customer Information Systems and back office outsourcing/ optimization for deregulated retail energy providers and regulated utilities. ista serves the utility, multifamily, commercial, and military industries, and is headquartered in San Diego, California, with offices in Irvine, California, Atlanta, Georgia and Jacksonville, Florida. A complete overview of ista's products and services can be found online at www.ista-na.com.
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.