FOR IMMEDIATE RELEASE

Top Simulation Expert Joins PLEXOS Solutions LLC

Feb 1, 2006

SACRAMENTO, CaliforniaPLEXOS Solutions LLC announced today that Dr. Tao Guo has joined the company as Vice President for North American Technical Services.  Dr. Guo has 20+ years experience designing and implementing advanced algorithms for leading software vendors in the electric industry.

 

“Tao is one of the top algorithm experts in the United States.  I have worked extensively with Tao in the past and I have a tremendous respect for his professional knowledge and capabilities” according to Eric Toolson, CEO of PLEXOS Solutions LLC.  “With Tao on our team we will be able to better serve the needs of our customers who are using the latest methods for operations and planning.”

 

Dr. Guo is a recognized expert in the areas of resource scheduling, electric market simulation, stochastic analyses, and transmission modeling.  He has implemented and used algorithms employed in all of PLEXOS’ key business applications, and will assist customers in using the product to solve their operation and planning problems.  Dr. Guo has a PhD in Power System Engineering from University of Michigan and has previously worked for New Energy Associates in Atlanta, Henwood Energy in Sacramento, and Global Energy of Boulder.

 

“I am excited to work with PLEXOS Solutions and with my long-time colleagues Eric Toolson and Mark Henwood.  We worked together over 12 years and placed Henwood Energy Services, Inc. in the number one position in the energy market simulation and optimization business.  Dr. Glenn Drayton is one of the pioneers applying the latest advanced mathematic algorithms to this business.  Working with this group of professionals with very broad skills and experience, we can provide the finest software and services to the ever-changing energy industry“.  Dr. Guo said.

About PLEXOS for Power Systems:  PLEXOS can be deployed as either a desktop solution or embedded in enterprise systems.  PLEXOS uses an industrial strength LP/QP/MIP solver to deliver solutions to tough utility problems.   Together with Dr. Drayton’s proven formulation of the energy/AS co-optimization problem, PLEXOS is the platform at over 25 organizations for solving problems in:

·         Operations – unit commitment and transactions, bid optimization

·         Planning / Risk – emission and fuel allocations, asset evaluation, and budgeting

·         Market Analysis – multiple models of competition, realistic operating reserve enforcement, integrated expansion planning

·         Transmission Analysis – large networks with complex constraints, integrated unit commitment and network dispatch, LMP price formation, value of CRR’s or FTR’s

About PLEXOS Solutions LLC:  The Company is focused on bringing software solutions to utilities, gencos, consultants, and ISOs.  The management and technical team understands this market and knows how to assist customers to deploy the next generation solution.

Contact/More Information:  For more information on how to improve your operations, planning, market forecasting, and transmission analysis call Eric Toolson at (916) 722-1484
(e-mail etoolson@plexossolutions.com) or visit www.plexossolutions.com .

 

 

PLEXOS Solutions LLC

6929 Sunrise Blvd, Suite #101

Citrus Heights, CA 95610

www.plexossolutions.com

(916) 722 -1484 phone

etoolson@plexossolutions.com