Woodstock, NB - November 8, 2002

Ibridge to Implement Generation Dispatch Procedures

Ibridge announces today that the company has been awarded a contract to implement generating unit dispatch procedures for a major US electric utility. As part of the changes, the Independent System Operator (ISO) will move the utility from a zonal dispatch mechanism to an individual unit dispatch. These changes will provide an improved means of dealing with Locational Marginal Pricing (LMP) structure of the ISO.

Ibridge personnel will design and develop the necessary software, as well as perform the integration, test and commissioning of the software. Ibridge is a privately held software engineering company, based in Woodstock, New Brunswick. The firm has been in business for over seven years, completing dozens of projects with a reputation for on-time, on-budget performance.

For more information, please feel free to contact:

Ibridge Inc.
480 Main Street
Woodstock, NB
(506) 575-9102

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