TransAlta Implements LODESTAR's BillingExpert to Handle Complex Billing

Installation of LODESTAR Solution Complete in Only Four Months



Apr 23, 2001, 01:00 ET from LODESTAR Corporation

    PEABODY, Mass., April 23 /PRNewswire/ -- LODESTAR Corporation today
 announced that TransAlta, Canada's largest nonregulated electricity generation
 company, has implemented LODESTAR(R)'s BillingExpert(TM) software solution to
 handle the complexities and high volume of its long-term Power Purchase
 Arrangement (PPA) billing under deregulation.  LODESTAR provides leading e-
 Business software solutions in the new energy economy.
     PPAs, contracts for the sale of energy, are highly complex and involve
 large volumes of data. Unlike traditional billing systems that can handle only
 simple tariff rates, BillingExpert is able to model the complex contracts of
 PPAs.
     "TransAlta needed a billing system that could meet our needs," said Rob
 Tod, senior project leader at the Alberta-based TransAlta. "We selected
 LODESTAR because it had the ability to do the detailed job we needed."
     BillingExpert uses LODESTAR's standardized Rules Language(TM), a high-
 level, rules-based computing language that allows business analysts to price,
 profile, settle, bill, validate and communicate large volumes of information
 among trading partners.  This saves time, money and speed to market.
     "BillingExpert only took four months to install and was operational by
 Jan. 1, 2001," Tod said. "We thought it would take eight months -- 12 months
 ideally -- to put in a billing system."
     "BillingExpert's ability to model the complex contracts of PPAs provides a
 uniquely powerful competitive advantage to a world-class generation company
 like TransAlta," said Chris Hamilos, chairman and CEO of LODESTAR.  "And
 TransAlta provides further direct testimony to the exciting business
 opportunities for LODESTAR within all competitive segments of the new energy
 economy."
 
     About TransAlta
     TransAlta is an international electric energy company with more than $7
 billion in assets.  The company is focused on achieving strong earnings growth
 and enhancing its competitive edge as a low-cost operator of generation and
 transmission assets, and a successful developer of gas-fired independent power
 projects.  The company is concentrating its growth in Canada, the United
 States, Australia and Mexico.  TransAlta owns and operates more than 8,000
 megawatts of generation plus significant transmission assets in Alberta.
 
     About LODESTAR
     LODESTAR provides leading e-Business software solutions to enable customer
 choice in the new energy economy. With more than 120 clients in North America,
 LODESTAR is a well-known and reliable provider of world-class software
 solutions. Energy providers use LODESTAR software for pricing, billing, load
 profiling and settlement, financial management and transaction management. The
 LODESTAR Customer Choice Suite(TM) (CCS(TM)) provides the world's most
 complete, flexible, scalable and reliable Web-based software to competitive
 retail companies, regulated distribution companies, independent system
 operators, and transmission and generation companies.  LODESTAR customers
 include Shell Energy Services Company, the Electric Reliability Council of
 Texas (ERCOT), TXU, Allegheny Power, BC Hydro, Southern Company and TransAlta.
 
     LODESTAR's Customer Choice Suite includes: LodeStar, a cost-effective and
 flexible load research system; RateExpert(TM) for competitive pricing and rate
 analysis with an optional revenue forecasting module; BillingExpert(TM), a
 powerful and easy-to-use billing and financial management engine; LODESTAR
 Profile & Settlement System(TM) (LPSS(TM)) for cost-effective load estimation,
 reconciliation and settlement; LODESTAR Data Repository(TM), a central
 repository for both interval data and customer demographic information; and
 LODESTAR Transaction Management Hub(TM) (LTMH(TM)), which allows users to
 quickly interface with trading partners and legacy applications.
 
     LODESTAR Corporation's headquarters is at Two Corporation Way in Peabody,
 MA 01960 USA.  For more information, visit www.lodestarcorp.com or call (888)
 225-1293.
 
     Except for the historical information contained herein, this press release
 contains forward-looking statements that involve risks and uncertainties. The
 success of the agreements and products described above and the future
 operating results of LODESTAR Corporation may differ from the results
 discussed or forecasted in the forward-looking statements due to factors that
 include, but are not limited to, risks associated with the eBusiness software
 applications market, dependence on the Internet, risks associated with new
 versions and new products and risks associated with rapid technological
 change.
 
     LODESTAR, BillingExpert, Rules Language, Customer Choice Suite (CCS),
 RateExpert, LODESTAR Profile and Settlement System (LPSS), LODESTAR Data
 Repository and LODESTAR Transaction Management Hub (LTMH) are all either
 registered trademarks, registered service marks, trademarks, and/or service
 marks of LODESTAR Corporation in the United States and/or other countries.
 
      Contact:  Patricia Mansfield
                LODESTAR Corporation
                978/573-4548; cell phone 978/423-4644
                patricia_mansfield@lodestarcorp.com
 
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X16868172
 
 

SOURCE LODESTAR Corporation
    PEABODY, Mass., April 23 /PRNewswire/ -- LODESTAR Corporation today
 announced that TransAlta, Canada's largest nonregulated electricity generation
 company, has implemented LODESTAR(R)'s BillingExpert(TM) software solution to
 handle the complexities and high volume of its long-term Power Purchase
 Arrangement (PPA) billing under deregulation.  LODESTAR provides leading e-
 Business software solutions in the new energy economy.
     PPAs, contracts for the sale of energy, are highly complex and involve
 large volumes of data. Unlike traditional billing systems that can handle only
 simple tariff rates, BillingExpert is able to model the complex contracts of
 PPAs.
     "TransAlta needed a billing system that could meet our needs," said Rob
 Tod, senior project leader at the Alberta-based TransAlta. "We selected
 LODESTAR because it had the ability to do the detailed job we needed."
     BillingExpert uses LODESTAR's standardized Rules Language(TM), a high-
 level, rules-based computing language that allows business analysts to price,
 profile, settle, bill, validate and communicate large volumes of information
 among trading partners.  This saves time, money and speed to market.
     "BillingExpert only took four months to install and was operational by
 Jan. 1, 2001," Tod said. "We thought it would take eight months -- 12 months
 ideally -- to put in a billing system."
     "BillingExpert's ability to model the complex contracts of PPAs provides a
 uniquely powerful competitive advantage to a world-class generation company
 like TransAlta," said Chris Hamilos, chairman and CEO of LODESTAR.  "And
 TransAlta provides further direct testimony to the exciting business
 opportunities for LODESTAR within all competitive segments of the new energy
 economy."
 
     About TransAlta
     TransAlta is an international electric energy company with more than $7
 billion in assets.  The company is focused on achieving strong earnings growth
 and enhancing its competitive edge as a low-cost operator of generation and
 transmission assets, and a successful developer of gas-fired independent power
 projects.  The company is concentrating its growth in Canada, the United
 States, Australia and Mexico.  TransAlta owns and operates more than 8,000
 megawatts of generation plus significant transmission assets in Alberta.
 
     About LODESTAR
     LODESTAR provides leading e-Business software solutions to enable customer
 choice in the new energy economy. With more than 120 clients in North America,
 LODESTAR is a well-known and reliable provider of world-class software
 solutions. Energy providers use LODESTAR software for pricing, billing, load
 profiling and settlement, financial management and transaction management. The
 LODESTAR Customer Choice Suite(TM) (CCS(TM)) provides the world's most
 complete, flexible, scalable and reliable Web-based software to competitive
 retail companies, regulated distribution companies, independent system
 operators, and transmission and generation companies.  LODESTAR customers
 include Shell Energy Services Company, the Electric Reliability Council of
 Texas (ERCOT), TXU, Allegheny Power, BC Hydro, Southern Company and TransAlta.
 
     LODESTAR's Customer Choice Suite includes: LodeStar, a cost-effective and
 flexible load research system; RateExpert(TM) for competitive pricing and rate
 analysis with an optional revenue forecasting module; BillingExpert(TM), a
 powerful and easy-to-use billing and financial management engine; LODESTAR
 Profile & Settlement System(TM) (LPSS(TM)) for cost-effective load estimation,
 reconciliation and settlement; LODESTAR Data Repository(TM), a central
 repository for both interval data and customer demographic information; and
 LODESTAR Transaction Management Hub(TM) (LTMH(TM)), which allows users to
 quickly interface with trading partners and legacy applications.
 
     LODESTAR Corporation's headquarters is at Two Corporation Way in Peabody,
 MA 01960 USA.  For more information, visit www.lodestarcorp.com or call (888)
 225-1293.
 
     Except for the historical information contained herein, this press release
 contains forward-looking statements that involve risks and uncertainties. The
 success of the agreements and products described above and the future
 operating results of LODESTAR Corporation may differ from the results
 discussed or forecasted in the forward-looking statements due to factors that
 include, but are not limited to, risks associated with the eBusiness software
 applications market, dependence on the Internet, risks associated with new
 versions and new products and risks associated with rapid technological
 change.
 
     LODESTAR, BillingExpert, Rules Language, Customer Choice Suite (CCS),
 RateExpert, LODESTAR Profile and Settlement System (LPSS), LODESTAR Data
 Repository and LODESTAR Transaction Management Hub (LTMH) are all either
 registered trademarks, registered service marks, trademarks, and/or service
 marks of LODESTAR Corporation in the United States and/or other countries.
 
      Contact:  Patricia Mansfield
                LODESTAR Corporation
                978/573-4548; cell phone 978/423-4644
                patricia_mansfield@lodestarcorp.com
 
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X16868172
 
 SOURCE  LODESTAR Corporation