Luminant Sharpens Focus on Technology-Enabled Solutions for Energy And Utilities Industry

Names New Industry Leaders to Energy Solutions Practice



Apr 02, 2001, 01:00 ET from Luminant Worldwide Corporation

    DALLAS, April 2 /PRNewswire/ --
 Luminant Worldwide Corporation (Nasdaq:   LUMT), a provider of technology-
 enabled business solutions, today announced its new framework of industry-
 focused solutions that will provide deep industry experience, business insight
 and technical expertise to energy companies faced with challenges driven by
 regulation and deregulation, technology, consolidation, and globalization.
 The Company also named two principals as the leaders of its Energy Solutions
 practice.
     Focused on compliance management, energy marketplaces, production data
 interchange, trading system integration and wireless field services, the
 proprietary energy solution frameworks will be the foundation for Luminant's
 energy offerings and will constantly expand and evolve in response to emerging
 industry needs.
     The Energy Solutions team will be led by seasoned energy industry
 veterans, Tim McCloskey and Brian White, and comprised of business and
 technical professionals with an average of 15 years or more of energy-related
 experience.  This team is currently working in partnership with 12 of the top
 50 global energy companies, as ranked by PFC Energy 50, that have a combined
 market value of more than $450 billion.  Some of these clients, as recently
 named in Luminant's fourth quarter and year-end 2000 earnings release, include
 Enron, Reliant Energy, Dynegy, Dominion Resources, BP, and TXU.
     "The need to just be on the Internet has given way to more traditional
 success parameters," said David Quackenbush, chief operating officer.  "As a
 result, the focus on energy related e-business initiatives also continues to
 change.  Luminant chose to address these ongoing challenges by creating a more
 focused solutions practice to serve the energy industry.  In doing so, we
 leverage our industry and technical expertise to ensure reliability and
 maximize value for our clients.  Our energy co-leaders echo the same
 tremendous depth of experience as the rest of our senior management team.
 I have confidence that we will continue to maintain our leadership position
 for technology-enabled energy solutions."
     Both McCloskey and White will be focusing on practice development, sales
 and delivery activity for energy industry clients.  McCloskey will be
 dedicated to upstream issues such as compliance management, supply chain
 management and asset allocation, while White will be focused on downstream
 issues such as trading system integration, scalable growth and cost-efficient
 customer interaction.
     McCloskey brings more than 20 years of consulting experience to this
 position.  Prior to joining Luminant, he spent eight years in consulting
 leadership positions with Deloitte & Touche and Andersen Consulting where he
 led large-scale ERP implementations for global oil, gas and pipeline companies
 in the United States, South America and Europe.  He has also held production
 and manufacturing executive positions with a Cabot Corp. chemical processing
 facility and Polycast Technology.  McCloskey is a graduate of York College.
 He received a master's degree in business administration in finance from
 Indiana Wesleyan University.
     White brings more than 10 years of diverse skills involving energy trading
 and marketing, commercial and industrial energy services and energy software
 services.  Before joining Luminant, White held key management positions with
 TransEnergy Management and Western Gas Resources in Chicago, where he was
 responsible for opening a field office.  He has also served in leadership
 roles with American Energy Management, a subsidiary of Madison Gas & Electric.
 White is a graduate of West Virginia University.
 
     About Luminant
     Luminant Worldwide Corporation is a provider of technology-enabled,
 business solutions.  Our effective, proven business solutions help some of the
 world's largest companies fully capture measurable value from the Internet and
 other emerging technologies.  We build clients for life by continuously
 delivering excellent performance rooted in deep industry experience, classic
 strategic management consulting, strong logistics and marketing strategy
 analytics, and innovative creative and information technology skills.
 Luminant's principal locations are in Atlanta, Chicago, Dallas, Houston, New
 York City, Washington, D.C., San Francisco and Seattle.  For more information,
 visit www.luminant.com, call 888.225.4468 or join our quarterly investor
 newsletter mailing list by sending a request to insights@luminant.com.
 
     Forward-Looking Statements:
     This press release contains forward-looking statements related to the
 Company's opportunities, ex and future growth.  These forward-looking
 statements are made pursuant to the "safe harbor" provisions of the Private
 Securities Litigation Reform Act of 1995.  Forward-looking statements are
 based on current management expectations.  These statements can be affected by
 inaccurate assumptions the Company might make or by known or unknown risks and
 uncertainties, including risks described in its Final Prospectus filed with
 the Securities and Exchange Commission pursuant to Rule 424(b)(4) on
 September 16, 1999 and its other filings with the Securities and Exchange
 Commission.  Any or all of the forward-looking statements the Company makes in
 this press release or in any other public statements may turn out to be wrong.
 
                     Facts about Luminant Energy Solutions
 
     Who We Are
     Luminant Energy Solutions, a solutions unit of Luminant Worldwide
 Corporation, offers deep industry experience, strategic insight and technical
 expertise to energy companies who face a range of industry-specific challenges
 driven by:
     -- Regulation and Deregulation
     -- Technology
     -- Consolidation
     -- Globalization
 
     Our understanding of these challenges has led to the development of
 proprietary energy solution frameworks -- the foundation for Luminant's energy
 offerings.  Luminant takes this knowledge and cultivates measurable results
 for your business that reduce deployment time, ensure reliable solutions and
 optimize client resources.
 
     Our solutions are constantly evolving in response to emerging industry
 needs.  Current solution frameworks include:
     -- Compliance Management
     -- Energy Marketplaces
     -- Exploration & Production Supply Chain Automation
     -- Production Data Interchange
     -- Trading System Integration
     -- Wireless Field Services
 
 
     The Company We Keep
     Our Team
     Luminant's energy expertise is extensive.  Our team is comprised of
 business and technical professionals with an average of 15 or more years
 experience, and our team leaders are seasoned veterans of the energy industry.
 
     Valued Clients
     Luminant provides Internet professional services to 12 of the top 50
 global energy companies, as ranked by the PFC Energy 50.  These clients have a
 combined market value of more than $450 billion.
 
     Technology Partners
     Luminant also works with a wide range of partners including Ariba, ATG,
 BEA, Documentum, IBM, Interwoven, Microsoft, Sun Microsystems and TIBCO.  We
 continually expand our knowledge of these and other e-business technologies,
 passing the value of our technical expertise and partner relationships to our
 clients.
 
     For more information about Luminant Energy Solutions and our solution
 frameworks, please email us at energy@luminant.com or call 713.479.7199.
 
 

SOURCE Luminant Worldwide Corporation
    DALLAS, April 2 /PRNewswire/ --
 Luminant Worldwide Corporation (Nasdaq:   LUMT), a provider of technology-
 enabled business solutions, today announced its new framework of industry-
 focused solutions that will provide deep industry experience, business insight
 and technical expertise to energy companies faced with challenges driven by
 regulation and deregulation, technology, consolidation, and globalization.
 The Company also named two principals as the leaders of its Energy Solutions
 practice.
     Focused on compliance management, energy marketplaces, production data
 interchange, trading system integration and wireless field services, the
 proprietary energy solution frameworks will be the foundation for Luminant's
 energy offerings and will constantly expand and evolve in response to emerging
 industry needs.
     The Energy Solutions team will be led by seasoned energy industry
 veterans, Tim McCloskey and Brian White, and comprised of business and
 technical professionals with an average of 15 years or more of energy-related
 experience.  This team is currently working in partnership with 12 of the top
 50 global energy companies, as ranked by PFC Energy 50, that have a combined
 market value of more than $450 billion.  Some of these clients, as recently
 named in Luminant's fourth quarter and year-end 2000 earnings release, include
 Enron, Reliant Energy, Dynegy, Dominion Resources, BP, and TXU.
     "The need to just be on the Internet has given way to more traditional
 success parameters," said David Quackenbush, chief operating officer.  "As a
 result, the focus on energy related e-business initiatives also continues to
 change.  Luminant chose to address these ongoing challenges by creating a more
 focused solutions practice to serve the energy industry.  In doing so, we
 leverage our industry and technical expertise to ensure reliability and
 maximize value for our clients.  Our energy co-leaders echo the same
 tremendous depth of experience as the rest of our senior management team.
 I have confidence that we will continue to maintain our leadership position
 for technology-enabled energy solutions."
     Both McCloskey and White will be focusing on practice development, sales
 and delivery activity for energy industry clients.  McCloskey will be
 dedicated to upstream issues such as compliance management, supply chain
 management and asset allocation, while White will be focused on downstream
 issues such as trading system integration, scalable growth and cost-efficient
 customer interaction.
     McCloskey brings more than 20 years of consulting experience to this
 position.  Prior to joining Luminant, he spent eight years in consulting
 leadership positions with Deloitte & Touche and Andersen Consulting where he
 led large-scale ERP implementations for global oil, gas and pipeline companies
 in the United States, South America and Europe.  He has also held production
 and manufacturing executive positions with a Cabot Corp. chemical processing
 facility and Polycast Technology.  McCloskey is a graduate of York College.
 He received a master's degree in business administration in finance from
 Indiana Wesleyan University.
     White brings more than 10 years of diverse skills involving energy trading
 and marketing, commercial and industrial energy services and energy software
 services.  Before joining Luminant, White held key management positions with
 TransEnergy Management and Western Gas Resources in Chicago, where he was
 responsible for opening a field office.  He has also served in leadership
 roles with American Energy Management, a subsidiary of Madison Gas & Electric.
 White is a graduate of West Virginia University.
 
     About Luminant
     Luminant Worldwide Corporation is a provider of technology-enabled,
 business solutions.  Our effective, proven business solutions help some of the
 world's largest companies fully capture measurable value from the Internet and
 other emerging technologies.  We build clients for life by continuously
 delivering excellent performance rooted in deep industry experience, classic
 strategic management consulting, strong logistics and marketing strategy
 analytics, and innovative creative and information technology skills.
 Luminant's principal locations are in Atlanta, Chicago, Dallas, Houston, New
 York City, Washington, D.C., San Francisco and Seattle.  For more information,
 visit www.luminant.com, call 888.225.4468 or join our quarterly investor
 newsletter mailing list by sending a request to insights@luminant.com.
 
     Forward-Looking Statements:
     This press release contains forward-looking statements related to the
 Company's opportunities, ex and future growth.  These forward-looking
 statements are made pursuant to the "safe harbor" provisions of the Private
 Securities Litigation Reform Act of 1995.  Forward-looking statements are
 based on current management expectations.  These statements can be affected by
 inaccurate assumptions the Company might make or by known or unknown risks and
 uncertainties, including risks described in its Final Prospectus filed with
 the Securities and Exchange Commission pursuant to Rule 424(b)(4) on
 September 16, 1999 and its other filings with the Securities and Exchange
 Commission.  Any or all of the forward-looking statements the Company makes in
 this press release or in any other public statements may turn out to be wrong.
 
                     Facts about Luminant Energy Solutions
 
     Who We Are
     Luminant Energy Solutions, a solutions unit of Luminant Worldwide
 Corporation, offers deep industry experience, strategic insight and technical
 expertise to energy companies who face a range of industry-specific challenges
 driven by:
     -- Regulation and Deregulation
     -- Technology
     -- Consolidation
     -- Globalization
 
     Our understanding of these challenges has led to the development of
 proprietary energy solution frameworks -- the foundation for Luminant's energy
 offerings.  Luminant takes this knowledge and cultivates measurable results
 for your business that reduce deployment time, ensure reliable solutions and
 optimize client resources.
 
     Our solutions are constantly evolving in response to emerging industry
 needs.  Current solution frameworks include:
     -- Compliance Management
     -- Energy Marketplaces
     -- Exploration & Production Supply Chain Automation
     -- Production Data Interchange
     -- Trading System Integration
     -- Wireless Field Services
 
 
     The Company We Keep
     Our Team
     Luminant's energy expertise is extensive.  Our team is comprised of
 business and technical professionals with an average of 15 or more years
 experience, and our team leaders are seasoned veterans of the energy industry.
 
     Valued Clients
     Luminant provides Internet professional services to 12 of the top 50
 global energy companies, as ranked by the PFC Energy 50.  These clients have a
 combined market value of more than $450 billion.
 
     Technology Partners
     Luminant also works with a wide range of partners including Ariba, ATG,
 BEA, Documentum, IBM, Interwoven, Microsoft, Sun Microsystems and TIBCO.  We
 continually expand our knowledge of these and other e-business technologies,
 passing the value of our technical expertise and partner relationships to our
 clients.
 
     For more information about Luminant Energy Solutions and our solution
 frameworks, please email us at energy@luminant.com or call 713.479.7199.
 
 SOURCE  Luminant Worldwide Corporation