Vesuvius Posts Its First Electricity RFP on the World Energy Exchange



    
    World Energy's Online Energy Procurement Platform Enables Vesuvius to
                   Better Control its Electricity Purchases
    

    WORCESTER, MA, June 4 /CNW/ - World Energy Solutions, Inc. (TSX: XWE)
today announced that Vesuvius has successfully transacted its first online
electricity procurement event on the World Energy Exchange. Vesuvius, a world
leader in the design, engineering, manufacture and delivery of refractory
products, systems and services for high-technology industrial applications,
posted a Request for Pricing (RFP) on World Energy's advanced online post and
respond procurement platform. Eight suppliers responded with initial or
refreshed offers. Over a span of two weeks, Vesuvius filtered out
non-competitive suppliers, and eventually awarded the deal to the bidders
whose proposals best fulfilled their cost, delivery and other requirements.
    "This was an eye-opening experience, and a completely novel approach for
Vesuvius in terms of procuring electricity," said Jennifer Byers-York, Energy
Procurement Manager for Vesuvius. "We had been procuring electricity the same
way we purchased other materials: using paper-based RFPs. We believed that if
we moved our electricity procurement activities to World Energy's online
procurement platform, we could save time and have more control over the entire
electricity procurement process."
    World Energy helped Vesuvius craft two RFPs with pricing and load
requirements, then posted them online using the World Energy Exchange
platform. The platform notified suppliers of the RFPs and invited them to
submit offers. Eight suppliers came forth, with Vesuvius ultimately choosing a
different supplier for each of the RFPs.
    "We were thrilled with the outcome," said Byers-York. "World Energy's
robust online procurement platform and extensive market expertise made the
process seamless, quick and efficient. I'm confident our new electricity
suppliers' margins are much lower than the incumbent we were working with
previously."
    "This is a terrific example of the value that World Energy's post and
respond procurement platform provides to our clients," said Phil Adams,
President & COO. "Vesuvius was able to track the market over time before
locking in a price, giving them much more control over their energy purchase.
At a time of unprecedented volatility in the commodities markets, providing
companies with more power over their energy purchases is increasingly
important, and can have a significant impact on the bottom line."

    About World Energy

    World Energy operates leading online exchanges for energy and
environmental commodities. Our proven approach provides market intelligence,
promotes liquidity, and creates price transparency for all market
participants, enabling our customers to transact with confidence and to seek
the best possible price. To date, the company has transacted over 42 billion
kwh of electricity, and nearly 1bb kwh of green power and Renewable Energy
Certificates (RECs) and one trillion cubic feet of natural gas. For more
information, please visit www.worldenergy.com.

    This press release contains forward-looking statements that are subject
to risks and uncertainties that could cause actual results to differ from
those indicated in the forward-looking statements. Such risks and
uncertainties include, but are not limited to: our revenue is dependent on
actual future energy purchases pursuant to completed procurements; the demand
for our services is affected by changes in regulated prices or cyclicality or
volatility in competitive market prices for energy; we depend on a small
number of key energy consumers, suppliers and channel partners; there are
factors outside our control that affect transaction volume in the electricity
market; and there are other factors identified in our Annual Report on Form
10-K and subsequent reports filed with the Securities and Exchange Commission.





For further information:

For further information: Investor Relations, Phil Adams, World Energy
Solutions, Inc., (508) 459-8100, padams@worldenergy.com; or Craig Armitage,
The Equicom Group, (416) 815-0700 x278, carmitage@equicomgroup.com; Media
Relations, Jason Brown, Horn Group, (646) 202-9759, jbrown@horngroup.com

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