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"Standing out in the competitive space of commodity software vending is no easy feat, but the winner of our software house of the year's achievements marked it out. Award: Software House of the Year Winner: Triple Point Technology." Energy Risk Click here to read the article. |
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Triple Point Receives Top Global Energy Business Award
User Choice Award recognizes Triple Point for excellence in technology, risk management and compliance for second year in a row
WESTPORT, Connecticut, USA (Jan. 11, 2006) - Triple Point Technology, Inc. the leading global supplier of cross-industry software platforms for the supply, trading, marketing and movement of commodities, has earned a prestigious Silver Global Energy Business Award 2005 presented by Commodities Now magazine. For the second year running, Triple Point has earned one of the top two spots in the "Excellence in Technology" category for its flagship Commodity XLTM suite of solutions.
"The Energy Business Awards were designed to reward those companies and individuals who are making a significant impact on the way energy business is conducted, trading risks mitigated, energy systems developed and energy technology advanced," said Guy Isherwood, editor and publisher, Commodities Now magazine.
"We are honored to once again be placed with other world-class companies who are taking the lead in advancing energy business expertise," said Peter F. Armstrong, president and CEO, Triple Point Technology. "What gratifies me most about winning this particular award is that it is based on client and industry input, and is a vote of confidence for Triple Point and our solutions."
Other EBA Award winners include BP, BNP Paribas, Barclays Capital, and the European Federation of Energy Traders.
The Triple Point Commodity XL platform is comprised of a family of commodity-specific products that can be deployed alone or in seamless combination with each other to manage every aspect of global cross-industry supply, trading, marketing and logistics operations. This interoperability empowers clients with a single view of supply and delivery obligations, financial risk and market exposure at any time, either in a single market or across all commodities and markets - and all desktops - around the world.
This top Energy Business Award adds to recent independent recognition Triple Point has received for its solutions including "Software House of the Year" and "Top Software Package" by Energy Risk Magazine, and the Connecticut Quality Improvement Award (CQIA) Innovation Prize. Triple Point also was named in 2005 to the Deloitte Fast 50 for a record-breaking eight years in a row.
About Commodities Now and the Energy Business Awards
The Energy Business Awards were developed by Commodities Now in conjunction with independent energy consultant Jeremy Wilcox. More information is available at www.energy-business.com.
About Triple Point Technology Inc.
Triple Point Technology is the leader in trading, risk management, scheduling and logistics solutions for commodities including power, oil, gas, coal, metals, agricultural products and freight. Triple Point Commodity XL profitably integrates physical and financial markets from the front-to-back office for all commodities on a real-time next-generation platform. Triple Point's award-winning solutions are used by more than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies. Founded in 1993, and headquartered in Westport, Connecticut, USA, Triple Point serves clients from five development and support centers located around the globe. More information is available at www.tpt.com.
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