LODESTAR Expands Commitment to European Energy Markets


London, United Kingdom – March 21, 2006– LODESTAR Corporation, widely known for its expertise in providing energy software solutions, announced today that the company will host its first European Client Conference. The event is co-sponsored by Gasunie Trade & Supply, a leading European natural gas supplier, and will take place in Amsterdam on April 6th of this year.

Senior level representatives from leading European energy organizations will convene to discuss, among other topics, the challenges in Europe’s energy industry. “Participants will not only have the opportunity to meet other energy professionals using LODESTAR, but will learn from each other’s experiences in using our software,” says Julien Grouès, Vice President and Managing Director of Europe, LODESTAR Corporation. “This year, we are pleased to include on the agenda some of the leading energy organizations in Europe.”

Participants will also receive updates on recent and upcoming product and technology enhancements from LODESTAR representatives. Initiatives regarding forecasting, pricing, meter data management, billing and other features will be presented. LODESTAR’s continued commitment to offering scalable, service-oriented components will be highlighted. Also included on the agenda will be details behind recent benchmarks performed involving processing millions of accounts and meter reads for meter data management, billing, and settlement.

With the growing number of European clients and the continual changes in the European energy market, the need to convene in Europe became evident. “Our European business now represents half of our global business, and the unique business needs of our European clients require expanded investment and collaboration,” says Patricia Mansfield, Chief Marketing Officer of LODESTAR Corporation. “This event is just one of the important ways we are demonstrating that commitment.”

The company’s dedication is also exemplified by its widespread presence in Europe. LODESTAR currently serves clients in 6 of the largest European countries, and is continually expanding the LODESTAR European team to serve the market.