Amsterdam – 19 October 2004 - Genscape International, Inc. today announced the launch of Power Europe, a web based service providing customers accurate electricity generation and transmission flow data for facilities in the most important Continental European power trading markets. For the first time, wholesale electricity producers, traders and consumers will have access to detailed supply side information that serves to enhance market transparency and improve risk management. “Liquidity is the lifeblood of markets, and transparency is the most important factor in creating liquidity,” Sean O’Leary, chief executive officer of Genscape said. “We are pleased to be at the forefront of providing transparency to this vital market with data that is both unbiased and reliable.”

Genscape generates production and flow estimates based on information collected from a proprietary network of remote monitoring devices deployed at strategic locations in the European high voltage power grid. The service initially provides information for facilities located in the Netherlands, Germany and France. The Service is being formally launched at the EMART Energy Conference in Barcelona. Additional information and a live demonstration will be available at Genscape’s exhibit at the conference set for November 3rd and 4th.

About Genscape

Genscape Inc. is the world’s sole commercial provider of real-time power supply information to support decision-making for energy traders, power plant and line owners and operators, regulators, and other energy market participants. Genscape International Inc., a wholly owned subsidiary of Genscape Inc is licensed to deploy the Genscape technology in Europe.

Launched in 2001, Genscape Inc.’s Power North America service has become the industry standard for real-time electricity fundamental data.