Skipping Stone Acquired from Commerce Energy

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Greg Lander and Peter Weigand have partnered to acquire Skipping Stone, http://www.skippingstone.com from Commerce Energy. Skipping Stone, founded by Weigand in 1996, will continue to focus on the energy industry. The partners are expanding the company's existing consulting service offerings to add interim management and contract resources, as well as executive search services.

We are pleased with the transaction and believe it results in Skipping Stone being better positioned to serve its clients by returning to its original focus of providing clients with seasoned energy industry veterans to help develop and evaluate strategic alternatives, pursue opportunities and solve problems

Greg Lander and Peter Weigand have partnered to acquire Skipping Stone, http://www.skippingstone.com from Commerce Energy. Skipping Stone, founded by Weigand in 1996, will continue to focus on the energy industry. The partners are expanding the company's existing consulting service offerings to add interim management and contract resources, as well as executive search services. "We are pleased with the transaction and believe it results in Skipping Stone being better positioned to serve its clients by returning to its original focus of providing clients with seasoned energy industry veterans to help develop and evaluate strategic alternatives, pursue opportunities and solve problems," said Greg Lander, President.

The purchase included all of the assets, intellectual property, client contracts, and the operational and consulting personnel. Included in the assets is Capacity Center, http://www.capacitycenter.com, a wholly-owned subsidiary that provides interstate gas pipeline capacity release transaction and other capacity and operational information to physical and financial trading companies and the FERC.

Skipping Stone's headquarters are in Boston with additional locations in Chicago, Houston, Tampa and Orange County California.

About Skipping Stone
Founded in 1996, Skipping Stone is a professional resources company with over 200 clients worldwide in the natural gas, electricity, renewable energy, software and clean energy technology markets.

For more information contact Patricia Bailey, pbailey(at)skippingstone.com or 714.965.0800
Visit http://www.skippingstone.com for more information.

Address: 10061 Talbert Avenue, Suite 350, Fountain Valley, CA 92708

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