NewEnergy Associates Announces Speed and Accuracy Enhancements to Its Premier Forecasting Tool!

NewEnergy Associates, a known market leader in todays highly competitive energy industry, announced today the release of NewEnergy NOSTRADAMUS® Version 5.0! Using the latest neural network learning technology, this energy demand and market price forecasting tool is now five times faster than before!

NewEnergy Associates, a known market leader in todays highly competitive energy industry, announced today the release of NewEnergy NOSTRADAMUS® Version 5.0! Using the latest neural network learning technology, this energy demand and market price forecasting tool is now five times faster than before!

NOSTRADAMUS is a short-term, neural network-based demand and price forecasting system, designed specifically for the energy industry. In todays competitive environment, distribution utilities and wholesale marketers need the capability to precisely predict system-wide energy needs. NewEnergy NOSTRADAMUS brings the speed and precision of neural network technology to short-term, system demand and market price forecasting ... helping energy companies to respond more quickly to changing requirements.

Not only is this recently released version of NOSTRADAMUS now the easiest forecasting tool to implement and use, but its performance is also faster than ever. Containing a more advanced learning algorithm and faster database extraction, the system dramatically reduces model setup and processing time compared with high-maintenance forecasting techniques such as regression and similar day lookup.

NOSTRADAMUS Version 5.0 contains many other enhancements, including a new sensitivity analysis feature that provides valuable feedback regarding forecast sensitivity to changes in input data. Based on this information, the user may adjust the models to further improve forecast accuracy.

Energy companies may register for a free real-time web demonstration, which will showcase the enhanced capabilities of Version 5.0 by accessing the NewEnergy Associates website at http://www.NewEnergyAssoc.com/html/nost.html. A free trial evaluation of NewEnergy NOSTRADAMUS is also available for qualified companies.

New Energy Associates, LLC is a leading provider of decision support and operational management software and consulting services to the energy industry. Headquartered in Atlanta, Georgia, NewEnergy has specialized in the development and support of integrated, state-of-the-art business applications and consulting services for more than 25 years. NewEnergy currently supports over 400 software installations at more than 200 national and international energy companies.

Contact Information:
Ms. Janis Keats
Phone: 770.779.2944
Email: jkeats@NewEnergyAssoc.com
Web: www.NewEnergyAssoc.com