HOUSTON, Aug. 17, 2004 (PRIMEZONE) -- KWI, the leading provider of trading and risk management software for the global energy industry, announced today it has been voted "Top Software Vendor," and its kW3000 software voted "Top Software Package," in Energy Risk's User Choice Awards 2004.
The awards, coming after KWI was named Energy Risk's "Software House of the Year" in March, recognize KWI's continued commitment to customers and demonstrate its leading position within the global energy industry. In a first for the publication, over 450 end-users and energy industry specialists worldwide responded to Energy Risk's survey over a two-month period.
"Winning Energy Risk's Software House of the Year was a great award for the company," said David Bucknall, chief executive officer of KWI, "but to be voted for by the industry is an outstanding accolade for KWI. It demonstrates our market leadership in energy trading and risk management. These awards are testament to our philosophy of listening, innovating and delivering solutions for customers."
KWI recently launched its new trading platform, K2, in order to meet the increasingly complex needs of its customers. As the energy trading industry becomes more sophisticated and customers come to expect rapid business value, KWI is working to deliver cutting-edge technology which will enable its customers to stay a step ahead of the competition in a highly competitive deregulated market. Customers currently benefiting from KWI software include BP, MVM, E.ON Benelux, Energi E2, PacifiCorp and Tennessee Valley Authority.
About KWI
Founded in 1993, with North American headquarters in Houston, U.K.-based KWI is a leading global provider of energy trading and risk management software solutions. KWI serves some of the largest energy companies in the world including customers such as Alliant Energy, BP, EON, Puget Sound Energy, Ontario Power Generation, PacifiCorp and Tennessee Valley Authority. KWI's flagship K2 product was developed specifically to meet the unique financial and asset-based requirements of today's global energy market. K2 brings a scalable and componentized solution approach to multi-commodity trading and risk management. For more information on KWI, visit www.kwi.com or call (866) 366 1952, ext. 503.
About Energy Risk
Launched in 1994, Energy Risk (www.energyrisk.com) is a monthly publication that chronicles risk management in the world's energy and power markets and is the only publication to deliver a dedicated view of financial, political and legal risk in the world's oil, gas and electricity markets.