Aleri And OILspace Partner To Provide More Accurate Analysis And Forecasting Within Energy Trading Markets

CHICAGO, October 10, 2007 - Aleri Inc., the leading provider of enterprise-class complex event processing (CEP) technology, and OILspace, a leading provider of real-time, on-demand energy supply chain, risk, and trade management applications, today announced that they have entered into a partnership. The partnership enables the fast integration of OILspace's OILwatch, an online energy portal, and OILspace's Aspect TradeFlo, an "out-of-the-box" online trade management software, with Aleri's CEP technology. Integrating Aleri's CEP technology with OILspace's proprietary products will provide customers and prospects with the added value of real-time analysis and automated decisions using real-time and historical data.

"Other trading markets take advantage of, and have experienced the benefits of real-time analysis combining real-time and historical data," said Don DeLoach, President and CEO of Aleri. "By partnering with OILspace, together we will provide the first CEP applications specifically designed for the energy trading industry in order to provide more timely and accurate analysis and forecasting."

Oil trading by nature has been a tumultuous and risky market. By integrating Aleri's CEP technology, traders will be able to make better, more timely decisions trading energy commodities to improve profitability and better manage risk. CEP will enable oil traders to aggregate, analyze and correlate real-time and historical data from multiple sources, to improve operations in many areas. The rapid deployment and flexibility that Aleri provides enables trading companies to quickly react to market fluctuations, automating their proprietary knowledge and processes for a competitive edge.

OILwatch, which is already widely used by energy traders, oil companies, brokerage houses, and financial institutions globally on desktops, mobile PDAs and BlackBerry devices, combined with Aleri enables real-time analysis anytime, anywhere.

Aspect TradeFlo is a ground-breaking simplified trade management solution for small trading and brokerage groups and individual traders. It delivers needed position keeping tools for a fraction of the cost of enterprise trading systems and can be implemented in just a few days via the Web. Integrating Aleri's CEP platform with Tradeflo will enable clients to quickly and easily customize trade flow around their proprietary trading knowledge and practices.

"We are constantly looking to develop our technology in ways that better manage the trading, risk and financial operations of our clients," said Steve Hughes, OILspace President and CEO. "Partnering with an experienced and proven CEP provider like Aleri will allow us to provide our customers with a value-added solution that allows them to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage."

About Aleri
Aleri is the leading provider of enterprise-class complex event processing technology for financial institutions and beyond. Aleri's superior Streaming Platform is backed by the company's deep background and knowledge gained over 20 years of supporting mission critical banking applications for the world's largest banks and close to 10 years of pioneering research in the field of event processing.

The Aleri Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency, Aleri's event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage. Aleri is the first to develop and deploy a commercial enterprise-class application built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world.

Aleri is a global company headquartered in Chicago with offices in New Jersey, London, and Paris. For more information, visit www.aleri.com.

About OILspaceŽ:
OILspace is a leading global provider of real-time on-demand, web-based applications for energy marketing and supply operations. Launched in 1999, OILspace solutions now run through over 400 companies of all sizes and roles within the energy supply chain. OILspace has a proven track record for delivering scalable solutions that produce measurable returns-on-investment (ROI).

About OILwatch Energy buyers, sellers, traders, and analysts rely on OILwatch as a trusted, single source to view critical oil, natural gas, petrochemical, refined products, metals and other commodity news and pricing benchmarks essential for making minute-by-minute financial decisions. Its intuitive interface allows users to easily browse through panels of market data to swiftly track, chart and forecast transactions; and identify risks, trends and profitable opportunities ahead of competitors. OILwatch allows companies to save money traditionally spent on implementing, integrating and maintaining complex, multiple legacy systems. It's fully web-based with unparalleled service reliability, providing essential market visibility while in the office or traveling via handheld wireless PDA and BlackBerry devices.

Contact:

Josh Inglis
Strategics, Inc.
jinglis@strategicsinc.com
312-346-2007

Kelly Shumaker
Aleri, Inc.
kelly.shumaker@aleri.com
720-938-5646