Power Costs Inc. (PCI) Starts Local Operations in Mexico with Launch of Its New International Subsidiary

NORMAN, Okla.–(BUSINESS WIRE)–Power Costs, Inc. (PCI) is pleased to announce further growth of its
international presence with the launch of a new subsidiary called ‘Power
Costs International.’ The new entity has been established specifically
to serve the rapidly growing PCI client base in Mexico and will be the
foundation for future PCI operations in Latin America.

Power Costs International will provide local support for more than a
dozen PCI clients and will also offer employment opportunities for
talented energy and IT industry professionals to join the company's
expanding team in Mexico. With more than 25-years of industry experience
and market leadership in North America, PCI plans to further extend its
long-term commitment to Mexico, recognizing the importance of the region
to its overall business success.

PCI provides a comprehensive energy software platform for participating
in Power and Gas Markets. In Mexico, PCI solutions are utilized by
various types of market participants including Generation and Trading
entities as well as by Qualified Suppliers to optimize their portfolios.
PCI’s client base includes a wide range of energy industry players from
large to small utilities as well as marketing, supply and trading firms
in all North American markets.

“Right from the early stages of the energy reform in Mexico, PCI has
been working with its clients to share experience and industry best
practices from previous structured market evolutions in the U.S.,” said
Dr. Fred N. Lee, President and CEO of PCI. “Mexico was a natural
extension for us. With our in-depth industry experience, diverse
workforce and (now) local operations, PCI is set to extend its
leadership by serving its clients and providing best-in-class software
solutions for years to come.”

About Power Costs, Inc. (PCI)

PCI is the leading provider of generation supply management software,
superior customer support and value-added services for energy focused
companies. Founded in 1992 by Dr. Fred Lee, PCI continues to refine and
develop new software solutions that meet the ever-evolving needs of its
clients which include investor-owned, municipal and cooperative
utilities, independent power producers as well as energy marketing and
trading organizations. More than half of all the power generated in the
United States is optimized using PCI software solutions and over 60% of
the Fortune 500 Energy and Utility firms in the U.S. are PCI clients.
PCI is a privately held company based in Norman, Oklahoma with offices
in Houston, Texas, Raleigh, North Carolina and Mexico City, Mexico. To
learn more about PCI, please visit www.powercosts.com.

Contacts

Power Costs, Inc. (PCI)
Javier Martin
[email protected]