(Automated
Energy Announcement)
FOR IMMEDIATE RELEASE
AUTOMATED
ENERGY, INC. SIGNS MARKETING AGREEMENT WITH FUSION LABS, INC.
OKLAHOMA CITY, OK (June 1, 2001) - Automated Energy, Inc. (AEI) announced
it has signed a letter of understanding with Fusion Labs, Inc. to jointly market
and sell the Energy Information Services developed by Automated Energy. Under
the terms of the agreement, Fusion Labs will commercialize AEI's existing energy
information service suite and market customized packages to its customer network
of commercial and industrial consumers, utility and energy companies. "We
are extremely pleased to team with Fusion Labs and benefit from their marketing
expertise with Internet-centric companies," said Automated Energy CEO Cody
Graves. " The Fusion Labs universe provides us with an immediate vertical
marketing arm, allowing us to enter new markets and provide a cost-effective energy
information management solution to an entirely new level of consumer."
Automated Energy technology
provide real-time, web-enabled energy information monitoring and management solutions
via the Internet. Fusion Labs provides specialized managed application services
for an organization's entire application portfolio including the marketing of
large-scale business applications such as AEI's solution services suite.
"We
are excited to add Automated Energy's cutting-edge technology to our marketing
portfolio," said Fusion Labs Chief Operating Officer Rob Rowe. "The
result of this agreement is that we can now offer consumers and producers of electricity
real-time information on their energy usage, helping them to ultimately realize
cost savings."
Automated
Energy Inc., designs, implements, enhances and manages customized energy information
services. With sophisticated Internet metering and software technology, AEI provides
precise, web-enabled, real-time usage and service performance monitoring 24 hours
a day, seven days a week. Automated Energy's diverse product suite is a complete,
and powerful Energy management solution. Automated Energy, a privately held company
based in Oklahoma City, Okla., is the world leader in delivering customized energy
information services. More information is available at www.automatedenergy.com
or 405-601-7500.