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Smallworld, Edinfor Forge Strategic Business Alliance,
Electricidade de Portugal S.A. (EDP) subsidiary to
become PowerOn distributor
Cambridge (March 28, 2000) - Smallworld (Nasdaq:
SWLDY), a leading provider of utility network software
solutions, today announced it has signed a partnership
agreement with EDINFOR, the IT subsidiary of Group EDP
(NYSE: EDP), a global multi-utility company serving 5.4 million
electric customers in Portugal and more than 4 million in Latin
America. Under the terms of the agreement, EDINFOR
becomes a distributor of Smallworld’s unique distribution
management system, PowerOn, throughout EDP’s worldwide
operating regions. Additionally, EDINFOR has made an initial
purchase of PowerOn on behalf of EDP.
“EDINFOR business as global solutions provider greatly
depends on advanced technology products and strategic
alliances such as the long-term exclusive relation with
Smallworld. PowerOn opens a new era of high performance
systems for EDP, helping on improved customer service
quality, while at the same time representing a strong support
to EDINFOR´s business” said Luis Barruncho, Director of
Systems and Geospatial Information at EDINFOR.
“This strategic business alliance secures PowerOn’s place as
the distribution management system of choice for global
utilities and extends the reach of this unique application well
beyond its American origins,” said C. Warren Ferguson, chief
executive officer of Smallworld. “Additionally, we believe this
alliance between two global companies, who have already
experienced much success together, will be equally beneficial
and valuable to both in the years ahead.”
Electricidade de Portugal is the largest industrial group in
Portugal with a market cap of Euro 12 billion and sales of
more than Euro 3 billion. EDP supplies electricity in Portugal
to more than 5 million clients and holds contracts with more
than 9,000 suppliers. The EDP Group pursues a diversification
strategy, developing the multi-utility concept, including gas,
water and telecommunications, where EDP holds 95% of the
2nd fixed operator (ONI Telecom). Internationally EDP has a
strong presence in Brazil, supplying electricity, through its
affiliates, to 4.6 million clients.
Group EDP is a long-time Smallworld GIS user and currently
uses the company’s spatial data platform, Smallworld 3, and
its telecommunications software products, Model.it and
Circ.it.
Smallworld (www.swldy.com) creates, markets and delivers
network software products to the Utility & Public Systems
and Communications markets globally. Smallworld’s products
model real world assets and services, enabling companies to
understand where their facilities and customers are located,
and seamlessly integrating this information across the
enterprise. The Company’s divisions provide rapid
implementation and integration of Smallworld’s unique
object-oriented technology and vertical industry applications,
which can increase customers’ revenues, improve customer
service, and better utilize assets.
The Company has more than 800 customers in 40 countries
around the world. Smallworldwide plc is based at Elizabeth
House, 1 High Street, Chesterton, Cambridge CB4 1WR,
England; Telephone, +44 (0) 1223.301144, and in the United
States at 5600 Greenwood Plaza Dr., Englewood, CO 80111,
+1.303.779.6980.
Please note that some statements contained within this
report may be of a forward-looking nature and may involve
risks and uncertainties. Actual future results and outcomes
may differ materially from those discussed. Factors that may
cause such differences include, but are not limited to,
management of growth, market acceptance of the
Company's product and services, risks associated with new
product versions, dependence on third party relationships
and the activities of competitors. For a more detailed
discussion of the risks associated with the Company’s
business, please see the Company’s Form 20-F on file with
the United States Securities and Exchange Commission.
Chad Morris
Smallworldwide plc
+1 (303) 779 6980
Chad.Morris@Smallworld-us.com
www.Smallworld-us.com
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