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APX Teams up With OSI to Offer Market Services in the ERCOT Region

Open Systems International, Inc. (OSI), an industry leader providing open and high-performance automation solutions to electric utilities worldwide, announces that Automated Power Exchange® Inc. (APX®) has teamed up with OSI to offer market services for power producers aiming at becoming an ERCOT Qualified Scheduling Entity (QSE).

APX has implemented a real-time Generation Management System based on the OSI monarch™ platform and will offer QSE services to power producers in the ERCOT region. This system has been implemented in a fast track approach and will become operational on time for ERCOT mock market testing scheduled for March 2001.

ERCOT (Electric Reliability Council of Texas) is one of 10 Regional Reliability Councils in the North American Electric Reliability Council (NERC) Organization. ERCOT represents a bulk electric system located totally within the State of Texas and serves about 85% of Texas' electrical load.

Automated Power Exchange, a leading provider of e-commerce services for the electricity industry, operates Internet-based exchanges and clearinghouses for the buying and selling of electric power, green power, and related products, and provides the grid market and scheduling services needed to support power system administration. A privately held company, APX has its world headquarters in Santa Clara, California, and its European headquarters in London.

OSI (www.osii.com) provides open, state-of-the-art, and high-performance automation solutions to electric utilities worldwide. These solutions include Energy Management Systems (EMS), Distribution Management Systems (DMS), Supervisory Control and Data Acquisition (SCADA) Systems, and Generation Management Systems (GMS), as well as individual software products and e-business solutions for electric utility operations. OSI is headquartered in Minneapolis, Minnesota, USA.

For additional information regarding this news release please contact news@osii.com.