OpenLink Ranked No. 1 C/ETRM Software House

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Leading C/ETRM Magazine – Energy Risk – Names OpenLink Software House of the Year

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Kevin Hesselbirg said, "We are pleased to be acknowledged as the market leader not only for our technology but for our vision."

OpenLink Financial LLC (OpenLink), a leading provider of cross-asset trading, risk management and operations processing software solutions, announced today that Energy Risk Magazine selected OpenLink as “2012 ETRM Software House of the Year”.

"We congratulate OpenLink on this win which is recognition of the firm’s adaptability to current market conditions. The energy trading industry is evolving quickly, and technologies are required that can adapt to the changing market landscape easily, cost effectively, and efficiently," said Stella Farrington, editor of Energy Risk Magazine. The awards ceremony and dinner were held during the Energy Risk USA conference and exhibition in Houston, Texas, on May 15th, 2012, at the Hilton Houston Post Oak, where Kevin Hesselbirg, OpenLink's CEO, accepted the award.

OpenLink's investments have extended their C/ETRM transaction lifecycle footprint and impressed the industry and the editorial board at Energy Risk. Ongoing investments include extending OpenLink’s risk and analytics capabilities to address the needs of its broader client base, including those from recently acquired SolArc. The review panel went through numerous nominations, which culminated in awarding OpenLink the top honors. This is the 16th year Energy Risk has conducted this research.

Kevin Hesselbirg said, "We are pleased to be acknowledged as the market leader not only for our technology but for our vision. Our clients drive our ‘best in class’ attitude towards everything we do – from our software, to our support teams, to our client services. They challenge us every day. So, we share this award of excellence with them, and we remain committed to our continued investment in R&D such that we continue to earn the high praise of the industry.”

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About OpenLink

Founded in 1992, OpenLink provides decision support software solutions for transaction lifecycle management. This software encompasses financial and physical cross-asset trading, risk management, related operations processing and portfolio management for commodity, energy and financial services markets and industries globally.

OpenLink's client base of more than 540 clients worldwide includes 12 of the top 25 largest commodity and energy companies by market capitalization, eight of the largest financial institutions and 11 of the largest central banks, as well as major hedge funds, commodities companies and public utilities.

Headquartered on Long Island, New York and with offices in New York City, Houston, Dallas, Tulsa, London, Berlin, Vienna, São Paulo, Sydney, Singapore, Moscow, Toronto, and Dubai, OpenLink has more than 1,300 employees worldwide.

To learn more about OpenLink's solutions, visit http://www.OpenLink.com.

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