Burntsand assists APX Gas Ltd. in a record year on the UK spot gas market

Burntsand assists APX Gas Ltd. in a record year on the UK spot gas market

Collaborative Design and Implementation produces a significantly improved Natural Gas Trading Platform for APX Gas Ltd. (previously EnMO Ltd).

TORONTO, Feb. 8 /PRNewswire-FirstCall/ -- Burntsand Inc., a North American business consulting and technology services company, has played a significant role in the successful 2004 launch of the upgraded APX Gas Ltd. trading platform, EnEx. The EnEx system has now transacted trades worth more than two billion pounds sterling, since its inception. The market traded on EnEx at record levels in October 2004, breaking the previous daily volume and value maximums three separate times in that month.

Burntsand has served as system integrator and developer to APX Gas Ltd. since 1999, passing a five year anniversary with this client in October 2004. The trading platform has enjoyed continuing success throughout this period.

In Q4 of 2003, the APX Group developed specifications for significant expansion of the functionality and capabilities of the EnEx platform and Burntsand, the resident systems integrator, was engaged to realize the specification through its software design and successful implementation. The Burntsand team took the project from the requirements stage to the QA sign-off and also continues to provide online secondary support for the 24 x 7 operation of the trading platform. Burntsand's long familiarity with the system and team experience allowed all aspects of the specification to be accomplished within the time and budget expectations of the client.

"Burntsand is pleased to have been associated with APX Gas Ltd. during the five years of developing and expanding this Internet-based trading platform to meet the needs of our client's members," commented Marty Glover, Burntsand US President, "The Burntsand team was privileged to work with an insightful and intelligent client to create an improved application that enhances the commercial offering of the APX Group."

Martin Thomas, Managing Director of APX Gas Ltd. added, "The success of our platform is key to the success of APX Gas' business and we strive to ensure platform functionality is led by market requirements. A robust platform underpins market confidence, contributing to ever increasing liquidity and growth in transaction volumes."

About APX Group

APX Group is Europe's first combined power and gas exchange, with operations in the Netherlands and the UK. Operations in Belgium are to be announced soon. Established in 1999, the APX Group is a leading provider of exchange, clearing and data services and consists of APX, UKPX and APX Gas Ltd. (previously known as EnMO Ltd.).

About APX Gas Ltd.

APX Gas Ltd. was established in 1999 to operate the On-the-day Commodity Market (OCM) as part of the UK's Reform of Gas Trading Arrangements (RGTA). The company now also operates the NBP market for Day Ahead and other prompt trading products. APX Gas Ltd. offers 24 x 7 market based solutions for within day and prompt trading of gas at the UK NBP (National Balancing Point) hub.

About Burntsand

Burntsand is a business consulting and technology services company that designs, architects and implements information technology to deliver business advantage, defined by the delivery of Time-to-Value projects and an unmatched Customer Experience. Burntsand focuses on Mid-Market clients, including divisions of Global 2000 companies. Burntsand was established in 1996 on the foundation of delivery innovative, cost effective solutions on time and on budget. Based upon this foundation, Burntsand has become a customer-focused, forward-thinking North American leader in the delivery of Enterprise Content Management, Portal and Service Management Solutions. Headquartered in Toronto, Burntsand operates from locations across North America. The Company's shares (TSX: BRT) are traded on the Toronto Stock Exchange. More information about Burntsand can be found at www.burntsand.com.


Source: Burntsand Inc.

CONTACT: Marty Glover, US President, Voice: (617) 923-6611, Email:
mglover@burntsand.com


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