OATI  Newsletter
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OATI Solutions for Midwest ISO's Midwest Energy Market - Twice-the-Success

Open Access Technology International, Inc. (OATI) successfully launched the initiation of its software solutions for the nearly 30 market participants of the new Midwest ISO(SM) Midwest Energy Market on Friday, April 1, 2005. OATI, an application service provider (ASP) and software product developer, provides an integrated, energy market enabling suite of software for energy traders, power system operators, and energy transaction schedulers. The OATI webTraderSM, webRTOSM, webGenSM, and webSettlementSM software applications comprise a complete marketplace portal for participants in the Midwest Energy Market. Secondly, OATI is a supplier of critical market software for Midwest Independent Transmission System Operator, Inc., by providing the transaction scheduling software component for one of the world's largest energy marketplaces. Together, these two e-commerce systems will enable the Midwest Energy Market participants to manage the electrical energy marketplace demands for their millions of customers.

OATI webTraderSM provides the software foundation to connect energy deal capture and trading activity with central market operator portals, such as that provided by Midwest Independent Transmission System Operator, Inc. It also provides a foundation to receive market clearing settlement information to analyze invoice and settlement statements utilizing the OATI webSettlementSM shadow settlement software system. Each of the OATI software solutions build upon the familiar concepts of the OATI Internet-based services utilized by approximately 95% of the wholesale electrical energy market participants in North America. Secure access to OATI service products is provided with OATI webCARESSM digital certificates. OATI certificates ensure that the data being transferred is securely encrypted and safe during transport over the public Internet.

Dr. Sasan Mokhtari, OATI president, stated, "OATI is very excited to provide such critical software services that are the key business components to many successful energy organizations in the Midwest region. By choosing OATI, Midwest ISO and Midwest Energy Market participants will be able to focus on delivering energy, and OATI will focus on delivering reliable, complex software services." OATI, a Minneapolis, Minnesota based company, is a leading provider of transaction management systems to the energy industry. OATI software solutions are in use throughout North America by nearly every wholesale electrical energy provider and are used extensively to manage the procurement of natural gas fuel supplies. For additional information concerning marketplace solutions, contact OATI at 763-201-2000

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