Datapult To Provide Services for Two Steiner + Associates Leisure Time Destination Properties

Apr 17, 2001, 01:00 ET from American Electric Power

    COLUMBUS, Ohio, April 17 /PRNewswire/ -- Datapult, LP announced today that
 it will provide utility allocation and data mining services with analysis from
 Datapult's Energy Analysts for two properties managed by Steiner + Associates,
 a leading developer and property management firm.
     The multi-year contract, the second agreement of similar nature between
 Datapult and Steiner + Associates, is valued at approximately $1.2 million.
     Datapult will monitor and track utility consumption for two Steiner +
 Associates properties -- the Easton Town Center Fashion District located in
 the Easton area of Columbus and Newport on the Levee located in Newport, Ky.,
 across the Ohio River from Cincinnati -- allowing both properties to save time
 and money by reducing energy, maintenance and administrative costs.  Both
 developments are leisure time, retail and shopping districts featuring
 entertainment venues and assorted specialty stores.
     "We are very pleased to extend our relationship with Steiner +
 Associates," said William A. Randle, managing director of Datapult.  "Both of
 these unique retail developments are innovative entertainment retail concepts,
 just as Datapult is an innovator in the energy information services market."
     Yaromir Steiner, president of Steiner + Associates and co-developer of
 Easton Town Center, expressed his desire to continue to expand the Datapult
 service.
     "Easton Town Center Fashion District and Newport on the Levee are both
 cutting edge retail/entertainment projects that depend on the combined success
 of each and every tenant," said Steiner.  "Datapult has demonstrated its
 ability to lower the energy costs and improve the bottom lines of our valued
 tenants.  We are very pleased to expand our commitment with Datapult and look
 forward to the opening of both of these projects."
     Under the terms of the contract, Datapult will:
 
     * Provide monitoring of electrical usage in 15-minute increments for all
       tenants in both complexes;
     * Provide water use monitoring;
     * Allocate actual energy consumption to tenants;
     * Generate and send allocated electric and water billing statements to
       tenants;
     * Provide analysis of energy use with energy management recommendations
       and
     * Interface with the energy management systems that may be utilized for
       each overall complex.
 
     Datapult currently provides these same services for Easton Town Center.
 The addition of the Fashion District will almost double the total number of
 tenants.  Easton Town Center Fashion District is scheduled to open in late
 summer of 2001.
     In addition to the newly constructed Newport Aquarium, Newport on the
 Levee will house a megaplex theater, an interactive gaming venue and 30 to 40
 retail and restaurant tenants. The opening is planned for the fall of 2001.
     Steiner + Associates develops and manages leisure time destinations.
 These projects combine entertainment, dining and shopping experiences.
 Steiner + Associates has offices in Columbus, Ohio, Miami and Tampa, Fla. and
 Newport, Ky.
     Datapult is a wholly owned subsidiary of American Electric Power Company
 (NYSE:   AEP) and is organized under AEP Communications.  As an energy
 information, data collection and processing company, Datapult, LP markets
 under the Datapult(SM) name. Datapult's portfolio of products and services
 deliver meaningful, accurate information about energy use to commercial,
 industrial and energy supply customers throughout North America helping them
 save time and money by reducing energy, maintenance and administrative costs
 and assisting them to make energy purchasing decisions. Datapult services are
 available directly through Datapult or through one of its Value Added
 Resellers.  Datapult is headquartered in Columbus, Ohio, with a regional and
 operations center in Austin, Texas, and a product development center in
 Roanoke, Va.
     American Electric Power is a multinational energy company based in
 Columbus, Ohio.  AEP owns and operates more than 38,000 megawatts of
 generating capacity, making it one of America's largest generators of
 electricity.  The company is also a leading wholesale energy marketer and
 trader, ranking second in the U.S. in electricity volume.  AEP provides retail
 electricity to more than 7 million customers worldwide and has more than
 $55 billion in assets, primarily in the U.S. with holdings in select
 international markets.  Wholly owned subsidiaries are involved in power
 engineering and construction services, energy management and
 telecommunications.
     Visit www.datapult.com for more information on Datapult.
 
 

SOURCE American Electric Power
    COLUMBUS, Ohio, April 17 /PRNewswire/ -- Datapult, LP announced today that
 it will provide utility allocation and data mining services with analysis from
 Datapult's Energy Analysts for two properties managed by Steiner + Associates,
 a leading developer and property management firm.
     The multi-year contract, the second agreement of similar nature between
 Datapult and Steiner + Associates, is valued at approximately $1.2 million.
     Datapult will monitor and track utility consumption for two Steiner +
 Associates properties -- the Easton Town Center Fashion District located in
 the Easton area of Columbus and Newport on the Levee located in Newport, Ky.,
 across the Ohio River from Cincinnati -- allowing both properties to save time
 and money by reducing energy, maintenance and administrative costs.  Both
 developments are leisure time, retail and shopping districts featuring
 entertainment venues and assorted specialty stores.
     "We are very pleased to extend our relationship with Steiner +
 Associates," said William A. Randle, managing director of Datapult.  "Both of
 these unique retail developments are innovative entertainment retail concepts,
 just as Datapult is an innovator in the energy information services market."
     Yaromir Steiner, president of Steiner + Associates and co-developer of
 Easton Town Center, expressed his desire to continue to expand the Datapult
 service.
     "Easton Town Center Fashion District and Newport on the Levee are both
 cutting edge retail/entertainment projects that depend on the combined success
 of each and every tenant," said Steiner.  "Datapult has demonstrated its
 ability to lower the energy costs and improve the bottom lines of our valued
 tenants.  We are very pleased to expand our commitment with Datapult and look
 forward to the opening of both of these projects."
     Under the terms of the contract, Datapult will:
 
     * Provide monitoring of electrical usage in 15-minute increments for all
       tenants in both complexes;
     * Provide water use monitoring;
     * Allocate actual energy consumption to tenants;
     * Generate and send allocated electric and water billing statements to
       tenants;
     * Provide analysis of energy use with energy management recommendations
       and
     * Interface with the energy management systems that may be utilized for
       each overall complex.
 
     Datapult currently provides these same services for Easton Town Center.
 The addition of the Fashion District will almost double the total number of
 tenants.  Easton Town Center Fashion District is scheduled to open in late
 summer of 2001.
     In addition to the newly constructed Newport Aquarium, Newport on the
 Levee will house a megaplex theater, an interactive gaming venue and 30 to 40
 retail and restaurant tenants. The opening is planned for the fall of 2001.
     Steiner + Associates develops and manages leisure time destinations.
 These projects combine entertainment, dining and shopping experiences.
 Steiner + Associates has offices in Columbus, Ohio, Miami and Tampa, Fla. and
 Newport, Ky.
     Datapult is a wholly owned subsidiary of American Electric Power Company
 (NYSE:   AEP) and is organized under AEP Communications.  As an energy
 information, data collection and processing company, Datapult, LP markets
 under the Datapult(SM) name. Datapult's portfolio of products and services
 deliver meaningful, accurate information about energy use to commercial,
 industrial and energy supply customers throughout North America helping them
 save time and money by reducing energy, maintenance and administrative costs
 and assisting them to make energy purchasing decisions. Datapult services are
 available directly through Datapult or through one of its Value Added
 Resellers.  Datapult is headquartered in Columbus, Ohio, with a regional and
 operations center in Austin, Texas, and a product development center in
 Roanoke, Va.
     American Electric Power is a multinational energy company based in
 Columbus, Ohio.  AEP owns and operates more than 38,000 megawatts of
 generating capacity, making it one of America's largest generators of
 electricity.  The company is also a leading wholesale energy marketer and
 trader, ranking second in the U.S. in electricity volume.  AEP provides retail
 electricity to more than 7 million customers worldwide and has more than
 $55 billion in assets, primarily in the U.S. with holdings in select
 international markets.  Wholly owned subsidiaries are involved in power
 engineering and construction services, energy management and
 telecommunications.
     Visit www.datapult.com for more information on Datapult.
 
 SOURCE  American Electric Power