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Utilisoft selected by TRUenergy

Announcement posted by Utilisoft Pty Ltd 04 Oct 2010

Utilisoft, a Bglobal plc company (AIM:BGBL), signs agreement with TRUenergy to supply Corporate Gateway and Standing Data Repository solutions
Utilisoft Pty Ltd, a Bglobal plc company (AIM:BGBL), and a leading global provider of energy market integration solutions, has signed a contract to supply software and services to meet the requirements of Australian energy retailer TRUenergy.

Utilisoft will supply its GateKeeper4 software to enable TRUenergy to manage energy market transactions at both the corporate and departmental level. GateKeeper4 and the Standing Data Repository will form a critical component of the Advanced Metering Initiative (“AMI”) program that TRUenergy is currently rolling out to handle the increased volume and complexity of transactions that have occurred as a result of the smart meter rollout currently underway in Victoria and the nationwide rollout which is planned for the near future.

Peter Norris, Managing Director of Utilisoft commented:The challenges for energy market participants brought about by smart meter rollouts around the world will require new infrastructure and new solutions. TRUenergy has wasted no time in responding to this challenge and we are very pleased to partner with them in upgrading and extending our existing installed energy market gateway and adding our Standing Data Repository to meet TRUenergy’s needs for scalable, manageable and customisable solutions.

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For further information, please visit www.utilisoft.com.au or contact:

Peter Norris
Managing Director
Utilisoft Pty Ltd
p: +61 3 9860 8300

Allen Taylor
Commercial Director
Utilisoft Pty Ltd
p: +61 3 9860 8310