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Genscape Enhances Online, Real-Time Power Information Service
LOUISVILLE, KY (Jan. 24, 2002) -- Genscape
Inc., the originator of real-time power supply information, has
introduced a customer interface enhancing its existing
subscription service. The web-based interface provides a graphic
array of power plants by region with visual cues as to plant
type and operating status. A "drill-down" feature
allows Genscape customers to quickly identify a plant of
interest and check its current and recent operating profile. An
"alerts" feature has also been introduced, providing
Genscape customers an audio and visual notification of a change
in plant operating status. This is tied to messaging by which
alerts may be transmitted when the Genscape customer is viewing
other screens.
"Energy traders and other energy industry
participants will find that widespread and uniform access to
Genscape's online, real-time power information will have
far-reaching impact on reducing risks," said Genscape's
Chief Marketing Officer Sean O'Leary, co-founder of Genscape and
a former energy trader. Tangible benefits of the product
offering include: (a) asset management for a customer's own
power-producing resources; (b) reliable historic and
up-to-the-minute data for analytics; (c) the ability to apply
algorithms for determining trades to meet market demand; (d)
market intelligence; and (e) best-of-class desktop support to
maintain valuable energy industry employees.
Fee-based trial subscriptions can be obtained by contacting Sean
O'Leary, Chief Marketing Officer of Genscape at 502-583-3675.
Genscape plans completion of its monitoring
network by the end of 2002 Q3. The network does and will
continue to report on approximately 80% of the largest U.S.
power plants via a real-time online system. Genscape's average
absolute reporting accuracy is currently at 90% .
GENSCAPE TECHNOLOGY
Genscape's information gathering and distribution system relies
primarily on a proprietary, patent-pending technology to monitor
the real-time outputs of the United States' important power
plants and high-voltage transmission lines. Genscape's system
employs an extensive network of wireless monitoring devices that
measure the amount and direction of power flowing over various
transmission lines and uses that information to determine the
amount of power being produced or consumed at hundreds of points
on the power grid.
Information reported to customers includes
highly accurate estimates of the real-time electrical output for
each power plant in the system, power flows over critical
high-voltage transmission lines, and associated information such
as plant capacity, fuel type and ownership.
ABOUT THE COMPANY
Genscape Inc. is the originator of real-time power supply
information to support decision-making for energy traders, power
plant and line owners and operators, regulators, and other
energy market participants. Genscape's information network will
encompass virtually all significant power generation facilities
in the United States . The corporate headquarters are based in
Louisville-Ky. Founded in late 1999, the company remains
privately-held. All Genscape monitoring technologies are
patent-pending. Investors in the company include: Chrysalis
Ventures, Vectren Enterprises, Inc., Prosperitas Investment
Partners, LP and The Anchorage Angels. Many of the leading
companies in the energy industry, including several Fortune 500
companies, subscribe to the Genscape service.
For More Information: Dawn Marie
Yankeelov, Genscape Marketing Consultant, (502) 548-1304; dawny@aspectx.com.
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