June 9, 2005—Albuquerque, NM and Boston, MA—UtiliPoint^® International, Inc. has launched its study on Utility Asset Management.

This unique project, developed in response to client needs and industry inquiries is based on UtiliPoint^® primary research on the subject, recent research interviews of leading industry executives and system vendors. It answers the call of many in the utility industry who need a fresh in-depth look at the role and value of asset management within the utility enterprise.

"The Asset Management project was quickly subscribed to by the industry and UtiliPoint^® is thrilled to see not only industry interest in our research, but to know there is going to be actionable insight resulting from the final report," said Jon T. Brock, UtiliPoint^® COO.

Ethan L. Cohen, director of Utility and Energy Technology at UtiliPoint^® added, "Utility and energy industry leaders already know that there are asset management tools providing real value to organizations. One of the key questions now is how, and with what additional tools and technology can asset management be actuated throughout the utility enterprise?"

Cohen also went on to say that this report goes beyond a simple snapshot review of current perception and opinion. "This study will provide insightful direction about the market and digs deep into the key propositions of asset management as it relates to the utility and provides an accurate assessment of the market and of market opportunities," said Cohen.

Parties interested in sponsoring the study should request a Prospectus by contacting Ethan L. Cohen, Director, Utility and Energy Technology, UtiliPoint^® International, 617.960.3584, ecohen@utilipoint.com.