Reliance Chooses Triple Point Oil Trading and Risk Management Software

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Triple Point Technology, the leading global supplier of cross-industry commodity trading, risk management and logistics software platforms, announced today that Reliance Industries Limited, India's largest private sector enterprise, has chosen Triple Point Commodity XL for Oil(TM) to handle its quickly expanding global operations. Reliance has also selected Commodity XL Management Dashboard(TM), an add-on module that provides critical business intelligence.

    Reliance has been working with Triple Point Technology for a number of years and will be able to take advantage of its global footprint, including a substantial presence in India, as well as a proven delivery team.

Commodity XL has been adopted by leading energy companies, financial institutions, agriculture organizations, biofuel groups and commodity trading houses. It is the only true next-generation solution built specifically from the ground up for high-volume, complex transaction management organizations. Commodity XL meets all the requirements for trading in today's highly volatile environment: multi-commodity capabilities, real-time integration of physical and financial positions, comprehensive risk management and the most advanced architecture. Comprised of a family of commodity-specific products that can be deployed alone or in seamless combination with each other, Commodity XL manages every aspect of global cross-industry supply, trading, marketing and logistics operations.

Commodity XL Management Dashboard is a business intelligence solution for executives that aggregates data from a variety of functions, providing sophisticated analytic tools and creating a real-time graphical depiction of the business. It drives intelligent decision-making by supplying management with key performance indicators (KPIs) and real-time business insight.

About Triple Point Technology, Inc.

Triple Point Technology is the leader in commodity and energy trading, risk management, scheduling and logistics software solutions. Triple Point Commodity XL profitably integrates physical and financial markets from the front-to-back office on a real-time, next-generation platform for all commodities, including power, oil, gas, coal, base and precious metals, agricultural products, biofuels and freight. Triple Point's award-winning solutions are used by more than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies. Founded in 1993 and headquartered in Westport, Connecticut, USA, Triple Point serves clients from five development and support centers located around the globe. More information is available at http://www.tpt.com.

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Wendy Eibsen
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