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Technology Stocks : ESPS, Inc. (NASDAQ: ESPS)

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To: Topannuity who wrote ()7/19/1999 9:36:00 PM
From: kendall harmon  Read Replies (1) of 26
 
ESPS positive product launch news after the close

Monday July 19, 6:29 pm Eastern Time
Company Press Release
SOURCE: ESPS, Inc.
ESPS Introduces CoreDocket(TM) Utility-Specific Software Module New Vertical Add-On for CoreDossier(R) 4.0 e-Compliance Solution
FORT WASHINGTON, Pa., July 13 /PRNewswire/ -- ESPS, Inc. (Nasdaq: ESPS - news) introduced today CoreDocket(TM), the Company's industry-specific e-Compliance software module designed for utilities. CoreDocket was developed as an add-on module to the CoreDossier® 4.0 e-Compliance solution. Employing CoreDossier, utility professionals already are moving from paper-based regulatory compliance publishing to an electronic compliance solution. All types of utility filings can be submitted electronically, including cost adjustments or adjudicated rate cases, as well as licensing and environmental requirements for nuclear or fossil generation plants. CoreDocket provides additional, industry-specific templates and forms to streamline the growing compliance burden for utilities.

For corporate utilities, telecommunications providers and their regulators, the efficient management of docketed information is critical. State regulators are facing up to a 35 percent increase in their docketed communications each year as deregulation accelerates the consolidation and divestiture of generation, as well as transmission and delivery assets. The dramatic increase in telecommunications providers has also impacted the volume of docketed communications.

''State PUCs (Public Utility Commissions) and their regulated entities handle millions of pages of paper each year just in the passing back and forth of testimony, hearing transcripts, due process and discovery findings, etc.,'' said Mark Naples, director, utility and telecom markets at ESPS. ''These processes have always been wed to paper. With CoreDocket, along with CoreDossier, they no longer need to be.''

CoreDocket enables the rapid assembly of CoreDossier submissions from structured data request information in the utilities environment. Specifically, it generates a customized submission structure; creates source document shells; and sends e-mails to authors with instructions for submission completion.

According to Thomas Birmingham, senior regulatory analyst at Bay State Gas, ''An electronic way of managing data requests in addition to filing electronically will enhance the regulatory request review process. We anticipate that the CoreDocket module will accomplish this.''

Further, CoreDocket provides a number of fast entry features to manage the
data requests, such as:
-- Spreadsheet navigation support;
-- Witness drop-down list box and witness aliases;
-- Default to next data request ID where sequentially numbered;
-- Importing of data from external sources;
-- Drag/drop data from external sources;
-- Copy/paste from within and across applications;
-- Copy from external application and paste to grid; and
-- Copy one witness and paste to a range of witnesses within grid.
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