28 Feb 2002 – Frost & Sullivan announces ABB Inc. has been awarded the 2001 Market Engineering Internet E-Commerce Innovation Award for its Energy Profiler Online (EPO). Frost & Sullivan is presenting the award to ABB Inc. at the DistribuTECH conference in Miami today.

EPO provides electric and utility commercial and industrial (C&I) customers with load profiles, usage history charts, statistics for multiple locations and estimated bills in order to make cost effective energy choices. ABB hosts the entire web-based application so customers do not need additional staff, hardware or software.

The service is also used as a communications platform for managing load
curtailment and real-time pricing programs. EPO is currently in use at over
20 utilities across North America.

According to new market information from Frost & Sullivan, E-commerce
Strategies for Utilities, ABB is one of the first companies to bring this
technology to market as a packaged product and is the market leader in the
utility industry. “ABB’s EPO system can be integrated with automated meter reading (AMR) devices to provide customers with real time consumption reporting, giving the company competitive advantage,” says Roberto Torres, Frost & Sullivan industry research manager. “The system is accessed through the utility’s web site, so it maintains control of the service, thus propelling the entity into a future market leadership position.”

“We’re very pleased to receive this award,” says Hisham Othman, ABB Vice
President and General Manager of Business Management Systems. “We’ve had a
great response from the market, and this award confirms our belief that
providing customers with the means to manage energy costs is a recipe for
success in the retail energy arena.”

About ABB
ABB’s Business Management Systems group provides leading IT solutions for
energy retailers, wholesalers and central market exchanges. ABB https://abb.com ) is a global leader in power and automation technologies
that enable utility and industry customers to improve their performance while
lowering their environmental impact. ABB has 160 000 employees in more than
100 countries.

About Frost & Sullivan
Frost & Sullivan, a global leader in international strategic market
consulting and training, presents Market Engineering Awards to companies that
demonstrate the diligence, perseverance, and dedication required to develop a
successful business plan and excel in the increasingly competitive global
marketplace. Frost & Sullivan rigorously analyzes specific criteria to
determine Market Engineering Award recipients in a variety of regional and
global market landscapes. Founded in 1961, Frost & Sullivan is headquartered
in San Jose, CA with offices located worldwide. For further information,
visit https://awards.frost.com .