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Bob Burdett +1 415 369 1114 |
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Nexant Names Ian Clarke Director of Sales and Marketing Will Focus on PRYM™—Nexant’s Enterprise Optimization Application Enables Energy Companies to Achieve Immediate Operational Efficiencies San Francisco---January 15, 2003---Nexant, Inc. (www.nexant.com), a leading provider of technology solutions and consulting services to the global energy industry, announced today that Ian Clarke will lead sales and marketing efforts for PRYM™, the company's advanced asset optimization and portfolio management software application. Prior to joining Nexant, Clarke was director of product strategy for Sakonnet Technology LLC. In addition to leading Sakonnet’s North American energy trading and risk management software sales, he was a member of a team that generated over $30 million in European sales in its first year. He previously served as managing director for WeatherMarkets.com and as commodity markets manager for Bloomberg Financial Markets. Clarke will report directly to Dr. Salim Jabbour, senior vice president and director of Nexant’s Enterprise Risk Management division. “We are very pleased that Ian is joining us at this exciting stage,” Jabbour said. “We are currently working on PRYM’s next major release, which will include new technologies that allow users to take full advantage of the computing industry's latest software and hardware multi-tasking innovations. Ian’s extensive industry insight will be critically important to our efforts as we move forward.” “With the industry and energy markets increasingly focused on getting the most from their assets and on asset-based trading, PRYM provides the tools to help companies extract maximum value from their operations,” said Clarke. “I'm excited to be working with the professionals at Nexant and look forward to being a part of the company’s growth” By focusing its efforts on helping energy companies pare down overwhelming quantities of data into meaningful, actionable, high-quality information, Nexant gives its clients an operational edge that translates into quantifiable bottom-line results. PRYM is specifically designed to help energy companies improve the operational efficiency of many of their mission-critical decision processes by a significant percentage. Nexant believes that while policy, strategy, and regulation are important aspects of the current market, the reality is that significant operational efficiencies can be achieved almost immediately-despite the regulatory environment. “There is no magic involved,” said Jabbour. “We help our clients gain better control of their assets and operational environment so they can maximize their profits. It may sound a bit old-fashioned, but earning profits by optimizing asset utilization and management is the wave of the future for the industry. And we think PRYM provides the best solution for addressing this challenge.” Ian Clarke can be reached at +1 914 609 0339 or via email at iclarke@nexant.com. About Nexant Nexant’s products and services help clients solve critical strategic and operational challenges in several key areas: retail and wholesale power markets; energy trading; enterprise risk management and decision support; energy delivery and management; advanced energy technology; and petroleum and chemicals. The company is headquartered in San Francisco, CA. Nexant maintains offices in London, U.K.; Bangkok, Thailand; Tokyo, Japan; White Plains, NY; Washington, D.C.; Houston, TX; Long Beach, CA; Boulder, CO; Phoenix, AZ; and Madison, WI. The company is owned by a select group of investors and Nexant management and employees. |
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