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Enercom Ltd.

Dec. 12th, 2001

Enercom Ltd. markets and implements an Energy Enterprise Management (EEM) system that enables private companies and institutions to lower their overall energy expenses, and take advantage of opportunities in deregulated energy markets. EnerDynTM, Enercom's proprietary software, is a web browser-enabled application created to assist companies with facilities located in multiple utility areas to greatly enhance their efficiencies in comparison analytics, data administration, and lowest cost energy procurement. Volume in the deregulated energy markets in the northeast U.S. and eastern Canada is greater than $75 billion annually, expanding both geographically and internally as other states and new customer categories become eligible to purchase deregulated energy. Simply, the EnerDynTM EEM application is very user-friendly and makes sense of energy management and purchasing in the deregulated energy markets, as well as providing customers with guaranteed savings. Customers can access and monitor energy cost and usage data 24/7 via the EnerDynTM website. The company, based in Buffalo, NY, has closed its' Angel round of financing in the amount of $1,000,000 through private placement investors, and is seeking $300,000 - $500,000 in funding and board participation to execute growth initiatives. The company employs a unique revenue model of front-end, on going, and back-end sales revenue, along with a tightly correlated income and expense model.


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