Net Exchange Presents at Energy Venture Fair

Net Exchange presents innovative solutions that address challenges faced by the energy industry.

SAN DIEGO, CA, June 26, 2001 — Net Exchange, the leading Deal Optimization solution provider presents today at the Energy Venture Fair in Boston, Massachusetts. Based in San Diego, Net Exchange was selected from a field of energy-based technology and service companies. Held from June 25 to 26, the Energy Venture Fair gathers private equity investors, executives of leading energy companies and energy-based technology companies to explore business opportunities in today’s electric power sector.

Net Exchange is the pioneer in the design and deployment of Combinatorial Markets. To date, they are the only company capable of commercial-scale markets that employ Combinatorial Matching. By creating markets that allow for both spot and long-term contracts to be traded in the same venue, Net Exchange increases liquidity and allows users to more efficiently balance between long-term planning and spot market opportunity.

Net Exchange is currently developing Commerce Management Solutions for Energy trading. These Solutions address the challenge of balancing long-term contracting with immediate needs, not unlike the difficulties California faces in its deregulation. Potential examples of Net Exchange designed Solutions include a utility operated sell-back market which would fine-tune pattern preferences; a transmission owner matching supply and load; or a major supplier offering long-term contracting (with the ability to re-trade those contracts up until the time of delivery). Net Exchange is uniquely qualified to address the evolution of the online electricity market, having developed the first b2b marketplace for trading emissions credits in Southern California. Since then, the company has designed markets for the transportation and financial services industries.

About Net Exchange

Net Exchange is the experienced provider of solutions that optimize the value, immediacy, and adaptability of transactions that comprise deals. Key to this capability is Net Exchange’s proprietary methods that deliver Total Deal Optimization across the lifetime of a deal. In May 1994, faculty from the California Institute of Technology formed Net Exchange to commercialize solutions based on advanced research in computational combinatorial deal-making (CCDM). These solutions marry planning optimization techniques with deal-making and help firms to increase the value of deals with their trading partners. Higher value deals result from superior transactions that lead to an expansion of commerce among firms. To date, Net Exchange has developed deal optimization solutions for logistics, financial, and derivatives trading. For more information about Net Exchange, visit www.nex.com.