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Triple Point Senior Executive to Speak at China Energy Summit

Triple Point Continues Expansion in Asia-Pacific Including New Marquee Customers in China and Japan (October 18, 2011)

SINGAPORE -- (Marketwire) -- 10/18/11 -- Triple Point Technology, the leading global provider of software to manage commodities and enterprise risk, announced today that its EVP, global field operations, Greg Taylor, will speak at the Low Carbon Earth Summit (LCES-2011) taking place from October 19th - 26th at the Dalian World Exposition Center in China.

LCES-2011 is a world-class summit for information exchanges to promote low carbon economy and to cover comprehensive issues from public and private sectors. Taylor's presentation, "Navigating the Complex World of Supply Chain Management," will underscore how increased commodity price volatility and global product movements have made sourcing and supply chain management riskier, therefore dramatically increasing the need for sophisticated commodity management solutions.

Triple Point continues to maintain strong momentum in Asia Pacific, signing three new customers in China and Japan in the last 60 days, including Chinese National Offshore Oil Corporation (CNOOC), Bayin Resources, and Marubeni. Other notable Asia-Pacific customers include Su-Raj Diamonds, New Zealand Mint, Diamond India, Incitec Pivot, Prime East and Pacific Carriers, Olam International, and Petredec.

Triple Point has expanded to more than 300 employees across the region to support current and future planned growth.

"The Asia Pacific region will play an increasingly important role in the commodities value chain," said Michael Schwartz, chief marketing officer, Triple Point. "Triple Point's strong growth in Asia Pacific underscores the unique depth and breadth of our commodity management solutions for companies looking to mitigate exposure to raw materials, energy, and commodity price volatility."

Taylor serves as Triple Point's executive vice president of global field operations and has 26 years' experience in building value in high growth enterprise technology companies. He is responsible for all sales, pre-sales, and field development activities around the globe and across Triple Point's entire product line.

About Triple Point Technology
Triple Point Technology® is the leading global provider of software to manage commodities and enterprise risk. The company provides innovative solutions to competitively address the complex commodities value chain: buying, selling, trading, and procurement; enterprise risk management; scheduling and logistics; storage; processing; and settlement and accounting. Triple Point's Commodity Management platform enables over 265 customers in 35+ countries to profitably manage exposure to energy and raw materials across industries including energy; metals; agriculture; transportation; shipping; consumer products (CP); discrete manufacturers; and big box retailers. Triple Point was named a 'Leader' in Gartner's ETRM Magic Quadrant for its completeness of vision and ability to execute in 2009, 2010, and 2011. Founded in 1993, the company employs over 650 staff in 12 offices and support centers around the globe.

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