Lodestar Corporation Announces New Alliance Partnership with Red Clay Consulting


Peabody, Massachusetts - August 23, 2006 - LODESTAR Corporation is pleased to announce a new alliance partnership with Red Clay Consulting. LODESTAR and Red Clay will collaborate to use their deep industry experience, professional services, and technology solutions to give clients a comprehensive approach to solving business problems. LODESTAR Corporation is a leading provider of energy software solutions. The company's primary focus is to provide energy companies with software solutions that easily integrate into the entire enterprise, providing unparalleled scalability and flexibility. "The people at Red Clay are what make the difference," says Beth Kearns, LODESTAR's North American Vice President of Professional Services. "By combining LODESTAR's leading energy software solutions with Red Clay's experienced resources, we intend to bring a new level of technical skill and best practices to our market."

"We have been exposed to the LODESTAR applications for years as consultants to the utilities industry and we couldn't be more excited about the new partnership," says Michael Cocroft, President of Red Clay Consulting. "Red Clay's industry experience and strong technical skill sets are a perfect match for LODESTAR's customer base. We look forward to broadening our offerings to new and existing customers through the LODESTAR practice area." Red Clay provides management and technology solutions spanning the entire development life cycle. Services offered include strategy planning, business process re-engineering, requirements gathering, vendor selection, implementation, and training services.

About LODESTAR Corporation

LODESTAR is a leading provider of energy software solutions. Our customers include 125 of the largest energy companies in North America, Europe, and Australia. LODESTAR Corporation's headquarters is at Two Corporation Way in Peabody, MA 01960 USA.

About Red Clay Consulting
Red Clay is a management and technical consulting firm with focus on CRM for Financial Services and Operational solutions for the Utilities market. Using a mix of traditional project techniques along with new proven approaches such as prototyping, workshops, rapid application development, and remote resources, Red Clay speeds implementations and utilizes resources effectively and efficiently. This enables customers to meet their project and business objectives within budget, timeframe, and quality constraints.

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