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Business 2002 P49



Conversant Inc. names executive team and prepares for June launch of Customer Watch software
Conversant Inc. has announced plans to formally introduce an advanced customer care and billing management software designed specifically for utilities and energy service providers.

PNM resources expects low power prices will reduce 2002 earnings
Thinner profit margins in the wholesale power market are likely to adversely impact 2002 earnings for PNM Resources.

Indirect subsidiary of Exelon Corp. declares bankruptcy
ETT Nevada, Inc., an indirect subsidiary of Exelon Corp., filed for protection under Chapter 11 of the Bankruptcy Code on April 4, 2002.

Kyushu Electric Power Co. invests in APX
APX, a provider of transaction processing services for the electric power industry, announced that Kyushu Electric Power Co. Inc. of Fukuoka, Japan, has made a $10 million investment in the company.

Ancillary utility offerings respond to market conditions, study finds
Various market conditions have converged to cause a slowdown in the rate at which utilities and energy companies offer C&I customers new products and services.

UtiliMan Systems evolves to become USIEnergy Inc.
Reflecting its evolution as a full-service energy and utility management company, UtiliMan Systems Inc. (USI) has changed its name to USIEnergy Inc.

Green Mountain Power proposes to pay customers to reduce peak loads
Green Mountain Power on Tuesday proposed a series of programs that would pay its commercial, farm and water heating customers to reduce electric loads during peak usage periods.

New Siemens safety remote breaker racking system designed to reduce injuries
Siemens Energy & Automation has introduced the SARRACS safety remote breaker racking system that could save operator lives and avoid injury during breaker change out.

Calpine names E. James Macias COO
Calpine Corporation, the nation's independent power company, today announced the promotion of E. James (Jim) Macias to executive vice president and chief operating officer (COO).

Detroit Edison says it's prepared to meet summer peak demand loads
Detroit Edison has assured the Michigan Public Service Commission (MPSC) that it is prepared to meet customer demand for electricity in the hot summer months this year.

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