Point Carbon and ESP Announce Strategic Partnership

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Point Carbon and ESP Announce Strategic Partnership

MOUNTAIN VIEW, CALIFORNIA, Mar. 11 -/E-Wire/-- Today Point Carbon and ESP (Environmental Software Providers) announced a closely-knit partnership which will provide a cutting-edge package of software and services to support companies involved with the European Union Emissions Trading Scheme (EU ETS). ESP's Greenhouse Gas Suite(TM) software, the leading solution supporting enterprise greenhouse gas calculations, verification audit, project performance and allowance portfolio management, will be uniquely coupled with Point Carbon's Carbon Market Trader. The Carbon Market Trader is a "one-stop-shop" solution for traders and risk managers in the EU ETS, which has been developed together with leading carbon traders to offer estimates and forecasts for CO2 production, emissions to cap, CER forecasts and Net Carbon Balance. Together, ESP and Point Carbon's information and technologies will deliver comprehensive support for EU ETS compliance and risk management.

"We are excited that Point Carbon has selected our company and technologies to be a strategic part of their offering," said David Gloski, Executive Vice President at ESP. "Point Carbon is the established leader in the delivery of market intelligence, market fundamentals, analysis and forecasts. Their Carbon Market Trader offering is a terrific complement to ESP's Greenhouse Gas Suite software." The companies are currently working on methods to tie the products together, resulting in a solution enabling complete coverage from in-depth greenhouse gas calculations and project tracking through portfolio and risk management making use of current intelligence, market fundamentals and forecasts. The solution is unprecedented in its ability to enable comprehensive, enterprise-wide greenhouse gas compliance and portfolio management.

Per-Otto Wold, Chairman at Point Carbon, said, "Our goal is to be able to offer a complete set of information management software and services associated with the EU ETS. ESP's market-proven products perfectly complement Point Carbon's strategy. As a result of this alliance, companies participating in the EU ETS can now turn to a single source, Point Carbon, for complete information management of their greenhouse gas programs." Point Carbon will be leading the European marketing of ESP's Greenhouse Gas Suite, making use of ESP's software implementation consultants where necessary.

ESP provides enterprise software solutions for integrated environmental compliance management and for management of emissions allowance portfolios. Since 1992, ESP software has been helping companies track compliance and improve financial performance. Three product lines help people in thousands of facilities around the world manage their emissions programs from compliance to financials. The opsEnvironmental suite offers comprehensive environmental data management and compliance management. ESP's ecoAsset Manager software is designed specifically for managing emissions allowance programs. The majority of SO2 allowances in the United States are currently managed using ecoAsset Manager. ESP's newest product, Greenhouse Gas Suite, builds on the proven technology of ESP's software solutions to offer comprehensive global greenhouse gas data management, from compliance to trading. For more information about ESP, please visit www.esp-net.com.

Point Carbon (www.pointcarbon.com) is the leading global provider of independent analysis, market intelligence and forecasting in the emerging carbon emission markets. Point Carbon works closely with a broad range of the companies and organizations having most experience in greenhouse gas emissions trading. Point Carbon's analysts have built up competence on the carbon market for more than half a decade through both research and commercial activities. The core competencies of our staff include international and regional climate policy; mathematical and economic modelling and simulation; and forecasting methodologies. Through the Carbon Market Trader, Point Carbon provides unprecedented forecasts on all elements related to supply and demand in the EU ETS.

In addition to its subscription-based services, Point Carbon also provides consulting for key customers on selected topics.

Environmental Software Providers

Rebecca Morris, [REDACTED-PHONE] Ext. 232

Per-Otto Wold, +47-90-75-98-51

http://www.esp-net.com

http://www.pointcarbon.com

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