Expands Growing Trading & Risk Management Practice
For Immediate Release
HOUSTON—Feb. 16, 2006—UtiliPoint® International, Inc. (UtiliPoint) announced today that Andrew Bruce has joined the company as Vice President, Trading & Risk Management Practice, adding both new capabilities and significant expertise to the practice. Andrew was formerly the CEO of TradeWell Systems, a company that delivered software and consulting solutions to gas and power marketing organizations across North America. Andrew will be ably assisted by Gary M. Vasey, Ph.D. who has been appointed Vice President, Macroenergy Analysis for UtiliPoint. In this new role, Gary will expand his focus on macroenergy industry trends and energy hedge funds.
“Andrew is a tremendous addition to UtiliPoint's existing team of industry professionals," said Jon T. Brock, COO, UtiliPoint International. “The UtiliPoint Trading and Risk Management Practice has grown exponentially over the last two years, and Andrew's knowledge and expertise will provide further impetus to the practice and its capabilities.”
As CEO of TradeWell Systems, Andrew negotiated the licensing of an internal software product and initial funding for TradeWell from Texaco Natural Gas. TradeWell's client list included several of the top marketing organizations. He has been involved in delivering products and services to exploration and production, pipeline and energy marketing companies for the past sixteen years. He also has experience in the banking industry gained during the deregulation of the banking industry in London. Prior positions include sales and consulting roles for companies selling products and services to clients such as JP Morgan, FPL, Texaco, TEPPCO and Burlington Northern Railroad. Andrew has a Bachelors of Science degree in Computer Science from the Worcester Polytechnic Institute. Andrew Bruce is based out of Houston, Texas, and can be contacted at 281-681-8073 or at abruce@utilipoint.com
Contact Information:
Andrew Bruce Vice President, Trading & Risk Management
About UtiliPoint® International, Inc.
UtiliPoint International, Inc. has a 73-year history of providing independent research-based information, analysis, and consulting to energy companies, utilities, investors, regulators, and industry service providers. We provide actionable industry knowledge and advice that serves our clients' need for trusted solutions that will allow them to thrive in today's dynamic energy and utility business. UtiliPoint experts are located across North America.
UtiliPoint International, Inc.
281.681.8073
abruce@utilipoint.com