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FOR IMMEDIATE RELEASE
Genscape Power Version 2.0 to be Unveiled
at GasMart/Power2002
Network Expansion Announced
LOUISVILLE, KY. (March 11, 2002) - Genscape (www.genscape.com),
the originator of real-time power supply information, will
unveil Genscape Power 2.0 at GasMart/Power2002 (www.gasmart.com)
in Reno, NV March 18-20. Product demonstrations and free trials
will be available at Genscape's booth #326 during GasMart/Power
2002. Benefits of Genscape Power 2.0 include: (a) management for
customer owned power-producing assets; (b) reliable current and
historic analytics data; (c) algorithmic application for
market-demand trade determination; (d) market intelligence; (e)
best-of-class desktop support for valuable energy industry
employees and (f) immediate event alerts. "Genscape has
quietly grown from a spring 2001 beta product to a nationwide
monitoring network used by many of the top 25 energy traders. We
invite parties at the show to stop by and view Genscape Power
2.0 and see the information that is now moving power
markets," offered Sean O'Leary, Genscape CMO. Fee-based
trial subscriptions can be obtained by contacting O'Leary
(502-583-3675).
Genscape also announces its monitoring network
extension throughout the United States. Customer demand has
spurred Genscape's network completion in ERCOT and the WSCC.
Genscape's network will be completed at approximately 225 plants
and 25 strategic transmission paths in 3Q/02. Genscape employs
passive monitoring technology to produce highly accurate
estimates of high-voltage transmission line power flows and
power plant production amounts using patent-pending proprietary
technology. Genscape updates this information on a continuous
basis, and reports significant events to customers in less than
2 minutes. David Doctor, Genscape CEO, explained, "Genscape
soon will monitor more than 80% of the largest U.S. power
plants, including more than 2,000 individual high-voltage
transmission lines, allowing Genscape to effectively determine
real-time usage and loads throughout the U.S. power grid."
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. Information reported to customers includes
highly accurate estimates of the real-time electrical output for
power plants; power flows over strategic transmission paths, and
associated information.
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.
For More Information: Sean O'Leary, CMO
(502-583-3675) sean@genscape.com.
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