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Business 2002 P30



Tecogen's distributed generation product line meets new standard
Tecogen Inc. announced that two of its gas-powered cogeneration systems will meet a new standard governing interconnections between non-utility-owned distributed generation and the distribution grid.

Comverge and Xanboo form an alliance for energy intelligence solutions
Comverge Technologies Inc. has formed an exclusive alliance with Xanboo Inc.

Arc Second launches indoor GPS product and announces strategic partnerships
Arc Second Inc. formally launched its Constellation 3Di Indoor GPS system at the Coordinate Measurement Systems Committee 2002 Conference in Providence, RI.

Report finds SPL WorldGroup leads current vendors in number of utilities using its systems
More utilities -- a total of 39 out of 337 analyzed -- use customer management systems from SPL WorldGroup than from any other vendor currently in the market, a new study states.

AEP completes sale of SEEBOARD
AEP has completed the sale of SEEBOARD, its retail electricity and gas supply and electricity distribution subsidiary in southeast England, to London Electricity Group plc.

Enermetrix announces program to help small companies take advantage of energy trading
Enermetrix has announced a program that gives energy buyers access to the Enermetrix Network without the up-front costs that often dissuade smaller companies from using an exchange.

Module brings IntelliTEAM functionality to the substation
A new interface module for substation applications enables the substation relay and breaker to operate as part of an IntelliTEAM system, with full team-member logic and communications capabilities.

Conectiv reports second quarter 2002 earnings of $0.45 per common share
Conectiv reported consolidated earnings per Common Share for the three months ended June 30, 2002 from continuing operations of $0.45.

AEP reports second-quarter ongoing EPS of $0.56
American Electric Power reported 2002 second-quarter ongoing earnings of $181.6 million, or $0.56 per share, in a quarter made difficult largely by declining system sales.

Pepco and Conectiv announce merger closing date, election deadline
Potomac Electric Power Company (Pepco) and Conectiv on Thursday announced that the closing date of their merger is scheduled for August 1, 2002.

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