Four Js VAR PEACE closes major deal with Hawaiian Electric

Hawaiian Electric Adopts Peace 8 to Manage its 400,000 Regulated Customers

Irving, Texas – January 3, 2006 — Xcel Energy has completed its implementation of a new customer care system from Peace Software developed with Four Js and project managed by IBM.

UtiliPoint International Energy and Technology Director Ethan L. Cohen said:
“Hawaiian Electric Company’s CIS selection reinforces Peace 8’s ranking as the number one utility CIS product in North America and puts a bold exclamation point on the focus that utilities have on best-of-breed CIS applications.”

The CIS selection process was detailed and intensive. Short-listed CIS products were subjected to a month-long onsite user evaluation.Tom Joaquin, Senior Vice President, Operations of Hawaiian Electric Company, said: “We concluded that Peace 8 is the best-of-breed utility CIS and an extremely good functional fit for our business. Peace Software demonstrated strong commitment to our CIS project’s success. They stand behind their product and their implementation.”

“Peace Software’s advanced software technology was a clear differentiator from other CIS product offerings,” said Rick Stuller, Chief Information Officer at Hawaiian Electric Company. “In adopting a new CIS we set out to move ahead from our mainframe and COBOL days to be able to take advantage of the latest advances in systems, software, integration and data management technology.”

About Hawaiian Electric Company:

Hawaiian Electric Company (HECO) and its subsidiaries, Hawaii Electric Light Company (HELCO) and Maui Electric Company (MECO), provide electricity for 95% of Hawaii ’s residents. Established in 1891, Hawaiian Electric remains one of the few locally owned and operated major companies in the state. HECO, HELCO, and MECO employ almost 2,000 people. Almost 20,000 Hawaii residents are shareholders of HECO’s parent company, Hawaiian Electric Industries (HEI).

About Peace Software

Peace Software is the leading utility CIS software developer. Peace™, the company’s flagship software product, is installed at major utilities in 35 regulated and competitive energy markets for billing and customer relationship management of millions of electricity, gas and water customers. Peace Software has clients in North America, Europe and Asia-Pacific, ranging from entrepreneurial new entrant energy retailers to the largest dual-fuel utilities with many millions of consumers and multiple market operations. For more information, please visit