F A L L / W I N T E R 2 0 1 0

POINTTO

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Focus on the Customer

The Smart Supply Chain

Acquired:Softmar & Enerbility

Gartner Ranks Triple Point #1

Key Customers Speak Out

NEW CHIEF CUSTOMER OFFICERSTriple Point appointed Wah Chu and Simon Woods as Chief Customer Offi cers (CCOs) of the Americas & EMEA and Asia Pacifi c respectively. Wah and Simon are working directly with customer senior executives to align strategy and provide the most meaningful and profi table solutions. They will conduct Business Review meetings and drive communications that focus on: Triple Point product updates; feedback on performance; and clear understanding of customer business requirements.

Continued on page 5

Triple Point Invests in CustomersAppoints Chief Customer Offi cers; hosts FocalPoint 2010;

and launches Commodity XL Training Center

“ Triple Point’s CCO venue provides customer executives with the means to share evolving business needs at a strategic level. This broader and long-term view provides Triple Point with the best information to align its strategy and develop technology and services that customers can truly profi t from.”

— Neal Koenig, CIO, CITGO Petroleum

Simon Woods

CCO and Managing Director, Asia Pacifi c

Wah Chu

CCO, Americas and EMEA

Over 220 customers are now using Triple Point solutions to manage their energy and commodity exposure. It’s the combined experience across this broad set of customers that enables Triple Point to continue to innovate and maintain solution leadership. In 2010, in addition to several major product releases, we’ve launched new solutions for commercial vessel operations, freight risk management, trade confi rmation management, cargo inspection, and strategic planning and procurement.

Triple Point is further investing in the success of its customers with several programs designed to encourage strategic alignment. Triple Point has appointed global Chief Customer Offi cers with a commitment to serve customer relationships through listening, understanding, and acting.

In our fi rst-ever global user conference, FocalPoint 2010, customers, partners, and Triple Point teams gathered for three days of interactive workshops, demos, training, and networking – all designed to bring transparency to global best practices in energy and commodity markets. Triple Point also launched the Commodity XL Training Center to help customers optimize their Triple Point solution.

The commodities market will always be volatile, presenting both huge opportunity and risk. In an industry that’s fast-moving and complex, Triple Point will continue to provide its customers with the best solutions, product innovations, training, and customer service to gain and maintain competitive advantage. I hope you enjoy this issue of To the Point.

Peter F. Armstrong

Founder and CEO

Triple Point

As founder and CEO, I’ve overseen Triple Point’s growth throughout our 17 years in business. The last three years have been particularly superb: we’ve tripled revenues; executed fi ve successful acquisi-tions; added four global offi ces; and more than doubled headcount. This exciting and impressive growth for Triple Point translates into many more customers around the world and across industries and commodity classes.

While everyone at Triple Point has worked exceptionally hard to achieve our progress, the success of our business is based on the support of our world-class customers that have entrusted us to play a critical role in the lifeblood of their organizations.

From

the

Desk

of t

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Triple Point continues to experience

dynamic growth fueled by new market

penetration, product innovation, and

customer satisfaction. New marquee

customers spanning commodities,

industries, and fi ve continents include:

Atlas Shipping selected Chartering and VesselOps™ to manage all pre-and-post fi xture activities for its expanding dry bulk commodities business.

Berge Bulk, one of the world’s leading dry bulk operators, selected Chartering and VesselOps™ to manage commercial vessel operations for primarily transporting iron ore and coal.

CIMA ENERGY selected Commodity XL™ to manage natural gas marketing, scheduling, and credit risk management.

“ Commodity XL effi ciently manages our natural gas marketing activities today, while providing the fl exibility to expand into other energy commodities in the future.”

— Mike Rupe, CFO, CIMA ENERGY

Continued on page 5

Leading Global Organizations Choose Triple Point

Strategic Planning and ProcurementAdvanced Supply and Demand Planning/Coverage Reporting

and Analysis /Decision Supportupport

ATLASSHIPPING

3 Strategic Planning and Procurement

3 Leading Global Organizations Choose Triple Point

4 Triple Point Acquires Softmar and Enerbility

6 Gartner Names Triple Point Leader

8 Q&A with Industry Leaders

12 European Power and Gas

14 Growth in Asia Pacifi c

16 SAP Partnership

17 Top Risk Management Webinar Series

18 Triple Point Gives Back

20 About Commodity XL

20 About Triple Point Technology

INS

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Right Product, Right Place,

Right Time

The goal in balancing supply and demand is to get the right product, to the right place, at the right time to optimize profi tability. When volatile commodity prices are coupled with more global and complex supply chains — and then sustainability pressure to lower emissions is added to the mix — it can become a Herculean task.

Can You Profi tably React

To Plan Changes?

The question in setting a Plan is not whether there will be changes, but how to best react to evolving economic, market, supplier, and customer requirements. Visibility into data is required in real time with the analysis tools to create decision-making information. The traditional paradigm of analysts spending the majority of time collecting data versus analyzing information must be fl ipped to drive success.

Triple Point’s Strategic

Planning Solution

Commodity XL Strategic Planning and Procurement™ provides real-time systems and analysis models to manage operational coverage and plan in fast-moving, complex business conditions. The solution delivers economic analysis to determine root causes of variances to planned costs, revenues, and profi t margins.

Read the full brochure at

tpt.com/2010/spp.asp

3

The Market Requirement for

Managing Freight Operations

With roughly 90% of the world’s traded goods transported by sea, a critical component of successful supply chain management is the ability to manage vessel movements and operations and freight rate volatility.

The Acquisition of Softmar

The acquisition of Softmar, the premier provider of software for commercial chartering and vessel operations, positions Triple Point to comprehensive-ly optimize freight management in its core markets, including crude oil and petroleum products, chemicals, metals and mining, agriculture, and food and beverage.

Triple Point’s Solution for

Commercial Vessel Operations

Chartering and VesselOps™ is the lead-ing software for owners, operators, and charterers to comprehensively manage freight risk, chartering, and vessel opera-tions on a common platform. Chartering and VesselOps provides a global view of vessel movements, availability of market cargos, and existing cargo commitments.

Read the brochure at

tpt.com/2010/shipping.asp

The Market Requirement for B2B

Straight-through Processing

Failure to automate the transaction process, including electronic confi rmation matching, opens tremendous room for ineffi ciencies and error. A study by the International Swaps and Derivatives Association (ISDA) noted that it takes three days on average for commodity trade confi rmations to be agreed to by counterparties. Additionally, 8% of all commodity transaction records contained errors.

Triple Point’s Solution for

Confi rmation Matching

Enerbility CM™ extends Triple Point’s straight-through processing capability to connect European energy traders with suppliers and customers from trade inception to cash settlement. The browser-based solution is the only system to automate trade confi rmations — both electronic and fax — in one, comprehensive and paperless system. Electronic trade confi rmations are automatically matched in accordance with standards set by the European Federation of Energy Traders (EFET). The electronic matching solution confi rms commodity OTC transactions in real time, greatly reducing operational risk.

Read the fact sheet at

tpt.com/2010/confi rmations.asp

AC

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• Optimized Ship Plan

• In-Transit Rebalance

• Maximized P&L

Plan. Optimize. Decide.

Bunker/Cargo Plan

Best Route/Distance

Best Vessel/Cargo Match

Best Schedule

Load Plan

Optimization and

Scenario Analysis

TRIPLE POINT SHIPPING

INTELLIGENCE

Triple Point Acquires Softmar and EnerbilityBuilding solution breadth and depth to succeed in complex commodity and energy markets

“ Triple Point Licensed 25 Shipping Customers in Q1/Q2 2010”

tpt.com/2010/shipping.asp

4

COMMODITY XL TRAINING CENTER

Triple Point launched the Commodity XL Training Center, offering a selection of high-impact courses to help customers best utilize unique features and core functionality in the Commodity XL platform. Triple Point is committed to providing customers with instructor-led, world-class training across all of its commodity and enterprise risk management solutions. Please bookmark this page tpt.com/2010/cxltraining.asp to keep updated on new course offerings. For more information about individual or group training, please e-mail Mark Brotherton at mark.brotherton@tpt.com.

Continued from page 2

CUSTOMERS DESIGN THE IDEAL USER CONFERENCE

FocalPoint 2010, Triple Point’s inaugural Global User Conference, was almost a year in the making. After last year’s North American and European User Conferences, Triple Point asked attend-ees what an ‘ideal’ User Conference would look like. This customer vision resulted in FocalPoint. FocalPoint not only provided customers and partners with a collaborative environment to share business challenges, best practices, and solution feedback, but also enabled them to bring innovations from around the world and across industries back into their business. tpt.com/2010/focalpoint.asp

Partner exhibitors included:

Deloitte’s Global Energy Markets (GEM), Financial Engineering Associates, Inc. (FEA), Opportune, Structure, ZE PowerGroup, and Lacima Group.

Leading Global Organizations Choose Triple Point

Continued from page 3

ConocoPhillips, the number two gas marketer in North America and long-time customer of Triple Point, licensed additional components from the Commodity XL™ platform for natural gas, LNG, gas scheduling, and logistics.

DCP Trading Shanghai selected Commodity XL for Base Metals™ to provide business intelligence and decision support for asset management.

Evonik Industries, a long-time customer of Triple Point, selected Commodity XL™ for Hedge Accounting and Fair Value Disclosure to enable an optimal accounting environment and ensure IAS 39 / IFRS 7 compliance.

First Energy, a long-time customer of Triple Point, extended its Credit Risk solution suite to streamline credit processes and gain increased transparency across counterparties.

General Mills selected Triple Point’s SAP-endorsed Commodity SL™ to optimize commodity management across agricultural raw materials and protect supply chain margins. General Mills’ brands include Cheerios, Häagen-Dazs, Betty Crocker, and Pillsbury to name just a few.

Continued on page 7

System Administration Back Offi ce Gas Trading

DCP Trading Shanghai

5

Gartner Names Triple Point to Leaders Quadrant for 2nd Year Ranked fi rst for Ability to Execute and second for Completeness of Vision

About Gartner, Inc.

Gartner delivers technology-related insight for its clients to make the right decisions, every day. The world-leading information technology research and advisory company is the indispensable partner to 60,000 clients in 10,800 distinct organizations.

COMPL E T ENE S S OF V I S ION

AB

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XE

CU

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GARTNER MAGIC QUADRANT

Source: Gartner (March 2010)

OPENLINKSUNGARD

ALLEGROSOLARC

NAVITASAS

VENTYXAMPHORA

OATI

ASPECT ENTERPRISE SOLUTIONS

VIZ RISK MANAGEMENT

MUREX

LEADERSCHALLENGERS

VISIONARIESNICHE PLAYERS

To derive the Magic Quadrant, Gartner evaluated 13 of the world’s leading ETRM platform providers on two axes: “Ability to Execute” and “Completeness of Vision.” Triple Point led the fi eld in its ability to execute and ranked second in completeness of vision.

“ The ETRM platform market has seen a need for deeper, more responsive risk management capabilities and a holistic view of risk across the enterprise.”

— Gartner ETRM Magic Quadrant, 2010

Triple Point Strengths

Triple Point was noted for several strengths including extensive functionality for energy and commodity trading and risk management; the most comprehensive solutions for credit and regulatory risk management; strong growth in the energy markets in the past 12 months; and its unique endorsed-business solution for commodity management with SAP.

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Leading Global Organizations Choose Triple Point Continued from page 5

MAESTRO

Shipping SA

Grupo Bimbo, the largest bakery in the world, selected Commodity XL’s enterprise platform to manage commodity trading and operational risk across multiple locations around the world. Grupo Bimbo’s major US brands include Arnold, Boboli, Entenmann, Freihofer, and Brownberry.

Gunvor International B.V., the world’s third largest independent oil trading company by tonnage, selected Commodity XL’s enterprise platform to manage European power and gas trading, electronic confi rmation management, and shipping operations for its new Global Energy Division.

Hess Corporation, a Fortune 100 company, selected Commodity XL for Oil™ to manage its supply, trading, risk, and logistics for crude oil and refi ned products.

The Indian Bullion Marketing Association

(IBMA) selected Commodity XL for Precious Metals™ to manage its bullion procurement, trading, and distribution operations.

Incitec Pivot Limited (IPL), the number one supplier of both fertilizers in Australia and explosive products in North America, selected Commodity XL™ to manage trading, risk management, and logistics within its joint venture global trading division for fertilizers and chemicals — Quantum Fertilisers.

“ Commodity XL provides a comprehensive system to track, measure, and value the buying, selling, hedging, physical delivery, inventory tracking, and invoicing of our agricultural commodities. Ultimately, it was an easy decision; Triple Point was the only solution that met all of our requirements.”

— James Whiteside, CEO, Quantum, and General Manager,

Supply Chain & Trading, IPL

Louis Dreyfus Highbridge Energy LLC (LDH Energy) selected Commodity XL™ to manage energy commodity trading and risk management for a wide range of energy and energy-related products.

“ We reviewed several competing platforms and Triple Point’s Commodity XL was the solution that provides LDH Energy with the broad functionality and fl exibility we require to manage our business.”

— Jim Wrigley, Chief Operating Offi cer, LDH Energy

Maestro Shipping SA selected Chartering and VesselOps™ to manage all pre-and-post fi xture activities in support of its growing dry bulk fl eet and tramping operations.

Navios Maritime Holdings, Inc. selected Freight Risk Management™ to manage derivative trading.

New Zealand Mint Limited, one of 5 private mints in the world, selected Commodity XL for Precious Metals™ to manage bullion trading, physical storage and inventory, and regulatory compliance for its growing bullion trading operations.

OGE Energy Resources, Inc. selected Commodity XL™ to manage all physical and fi nancial trading, risk management, scheduling, and counterparty credit risk.

“ Commodity XL promises a scalable solution with impressive reporting capabilities.”

– Craig Jimenez, President, OGE Energy Resources

Olam International Limited, the largest supplier of cashew, sesame, cocoa beans, and Robusta coffee in the world, selected Triple Point’s chartering solution to manage voyage estimating and cargo/tonnage management for its dry bulk shipping operations.

Continued on page 15

IBMATHE INDIAN BULLION MARKET

7

Q What are some of the operational and risk management issues that companies with large exposure to commodity price volatility face?

Mark Bland Without the right infrastructure in place, companies run the risk of not choosing the most profi table scenario of when to buy, whether to store, and whether to hedge. The wrong decision can really take a bite out of the bottom line. With commodities playing a larger part of the supply chain, many new industries, including food and beverage and manufacturing, are implementing solutions like Triple Point to help make the most profi table decisions around commodity coverage and procurement.

Q How has Commodity XL for Agriculture™ helped Seaboard manage its commodities trading, logistics, and risk operations?

MB From a trading, logistics, and risk perspective Commodity XL™ allows us to take on a per voyage basis and do a true P/L per voyage. That’s the real advantage. On the logistics side, it’s much easier to track in transit and siloed inventories, especially for our Durban operations. After we discharge a vessel into a silo, it can be broken into as many as 500 sales contracts. In terms of tracking these contracts and getting invoices out the door, what used to take weeks has been reduced by several days using Commodity XL. From a customer service perspective, Commodity XL’s centralized data repository gives us information on trades quickly so we can answer customer questions on the spot.

Q Does Seaboard have a long-term vision of implementing Commodity XL across more business divisions?

MB Yes. From my perspective as IT Director, it’s more expensive and diffi cult over time to manage disparate systems out in the fi eld. As Seaboard continues to grow, we will standardize on the Commodity XL platform. A common platform enables us to better manage our data and business processes, as well as provide the best long-term support for the best value.

Another advantage to larger, global organizations is that people move around. As an example, if a trader moves from our Bermuda to Durban operation or another area of our trading business, there’s no learning curve. He or she can jump right in because the system is the same.

Q What are some of the specifi c issues that Commodity XL will address in your SeaRice operations?

MB We’re moving from a manual environment of spreadsheets, so the automation that Commodity XL provides will greatly decrease human error and mitigate operational risk. Commodity XL will also help streamline information for our two SeaRice operations in Miami and Geneva and, overall, provide a more accurate way of tracking information across global operations.

Seaboard Corporation’s Mark BlandA common platform enables us to better manage our data and business processes

“ Seaboard wanted the best solution to enable our companies to grow, and that was Triple Point.”

Mark Bland

Director of Information Systems

Seaboard Corporation

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Triple Point sat down with Seaboard Corporation, U-Sea Bulk, and Navarik to discuss how streamlining business processes, making proactive decisions, and managing enterprise risk are all key contributors to the bottom line.

8

Q Early adopters and thought leaders across consumer products, including Seaboard, have embraced the Triple Point solution. What do you think are the driving factors of CP companies adopting the solution?

MB Seaboard went through a pretty extensive look at what’s available in the market. We found that many solution providers that specifi cally dealt with just the grain trading commodity market were simply not as robust a solution. The bigger, more mature market players were born from the energy base that moved into agricultural and soft commodities. We looked at several larger companies that commonly compete against Triple Point, and we quickly saw that Triple Point had a huge competitive advantage in functionality that impressed our Traders. In addition, Triple Point showed a commitment to provide additional functionality that is unique to the grain trading markets. In this way, Seaboard and other grain trading companies have had an opportunity to provide direct feedback to Triple Point for future development of the Commodity XL platform. We see this as a win-win situation. Today, Triple Point continues to capture the CP market with new customers including Unilever, General Mills, and Grupo Bimbo.

“ Solutions like Triple Point help make the most profi table decisions around commodity coverage and procurement.”

Q CP companies and their suppliers are now investing in software solutions, where in the past, they managed internally. Is there an event driving this?

MB When you can hit a higher percentage of functionality needs off the shelf, over the long haul, you save a lot of money. I think a lot of companies are realizing that. You don’t have to carry a large support staff, and you’re not carrying a large quantity of developers.

Q Over the last few years there has been an increase in volatility for ags and softs. Does that drive any of the change, or is it more that solutions are now ready?

MB Without a doubt, with a good software solution you can measure, monitor, and manage volatility better than with manual systems. But I think an equal driver was that the solution market just wasn’t mature, so organiza-tions built from inside. Seaboard wanted the best solution to enable our compa-nies to grow, and that was Triple Point. That was the driving force for us.

9

Q The shipping industry is only now starting to recover from the perfect storm that blew in at the end of 2008: wild volatility swings in the Baltic Dry Index; a global economic meltdown and credit freeze; and a steep decline in raw material prices. Did those close to shipping see it coming?

Captain Anders Wulff I don’t think the shipping industry could see the crisis coming — but we were on the front line of consequences set off by the global chain reaction. Suddenly, consumers weren’t consuming and there wasn’t anything to ship. Looking in the rear-view mirror… freight prices were so high… it was record followed by record, and prices were going through the roof. You knew that in the end, it was the consumer paying for the expensive freight, and, for that reason; it would have to come to an end. But that the bottom fell out so dramatically… no one could predict.

Q Has the crisis effected how U-Sea Bulk conducts operations?

CAW For sure. Counterparty risk is now top priority. Of course, you’re always careful who you do business with, but, in good times, it wasn’t so diffi cult to fi nance freight. The ‘B players’ were the fi rst hit hard by the crisis. Almost overnight, many couldn’t fi nance their freight… then they couldn’t honor their obligations toward companies like U-Sea Bulk. Subsequently, managing counterparty risk has become critical. Triple Point’s solution for vessel operations and freight risk management was, and is, instrumental in controlling counterparty risk and exposure by both cargo and vessel.

Q What is U-Sea Bulk’s greatest challenge in managing volatility?

CAW To foresee how the market will react. U-Sea Bulk leases its vessels and books cargos. If we have the ability to manage our exposure by both cargo and vessel, we can profi t in upward and downward markets.

Q How did Triple Point help U-Sea Bulk manage volatility?

CAW It would have been much more time-consuming to perform the kinds of analytics required to manage freight volatility — to go through all of our books and fi les manually. U-Sea Bulk uses Triple Point solutions every day to see which way the market is going and to adjust our position accordingly.

Q Before you implemented the Triple Point solution, how did you manage freight rate risk?

CAW We had to combine several spreadsheets and manually pull in market data from various places, like the Baltic Index, to piece together a basic overview. Then there’s the issue of numerous spreadsheets not getting updated at the same time, presenting the immediate danger of inaccurate information feeding into position and risk management decisions.

“ With Triple Point we’ve eliminated 100% of spreadsheets.”

Q Triple Point is the only vendor that provides commodity management and shipping on a common platform. What is the benefi t to U-Sea Bulk’s customers?

CAW I only see advantage of having a common platform for commodity management and vessel operations. Several of our customers from the big coal, grain, and steel houses are already using Triple Point for commodity management and Softmar for the freight arm. With a common platform and all of the data generated and stored in the same system, it would be very easy for U-Sea Bulk to customize reporting for our customers — a request we’re hearing more and more.

U-Sea Bulk is recognized around the world as a leading dry cargo operator, predominantly in the handymax/supramax trade segments.

U-Sea Bulk’s Captain Anders WulffManaging counterparty risk is a top priority

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Captain

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General Manager and Deputy of Operations

U-Sea Bulk

10

Q What are the typical cargo inspection solutions that companies use today?

Patrick Rooney Because the majority of inspection data fl ows between external inspection fi rms and trading organizations (oil companies, trading fi rms, investment banks) most data associated with physical cargo transfer is gathered manually by spreadsheets, disparate systems, e-mail… even voice mail. These manual processes make it diffi cult to standardize and automate the cargo inspection process, resulting in greater operational risk and cost.

Q What are the issues/risks of using these manual processes?

PR The trading of bulk commodities has accelerated in recent years. There is a need to standardize terminology and exchange of data between systems to facilitate straight-through processing and accelerate the settlement of trades. In a world where liquidity is being squeezed from the system; it has become increasingly important to fully leverage the capital resources you have in play. To the extent that you can shorten settlement time, you essentially need less capital.

Q How does implementing a cargo inspection solution drive effi ciencies and mitigate operational risk?

PR By standardizing and automating the process of cargo data inspection, you dramatically reduce the manual effort required to process inspection data. Another key driver is timely business intelligence. It allows Cargo Assurance to recover more losses from counterparties and helps operators, schedulers, and traders make more profi table decisions when selecting vessels, terminals, and suppliers.

Q Navarik has seen rapid growth over the last two years. What are the driving forces?

PR By targeting the largest international oil companies, we’ve been able to gain BP, Chevron, and Shell, as well as a major OPEC member, Venezuela, as customers. Our reach extends to over 4,000 users worldwide, including all major inspection fi rms. Billions of barrels of oil are transported by sea every year. The value of the cargo and inherent operational risks and market volatility means companies are looking for ways to improve physical operations, reduce risk, and protect profi t margins.

“ Navarik customers typically achieve a net gain within the fi rst year.”

Q What is Navarik’s focus going forward?

PR We believe the broader oil market will follow the lead of majors in moving to our commodities inspection platform. Additionally, the entire bulk commodity shipping industry offers an attractive

opportunity for our partnership with Triple Point. Together we’ll be able to offer a proven cargo inspection solution to not only existing oil customers, but customers in dry bulk commodities as well, including metals, potash, grain, and coal.

Q What is the value of the Triple Point/Navarik relationship?

PR I believe you succeed with outstanding people as a starting point, and that’s something we’ve seen at Triple Point. So when we look at our teams working together to offer the marketplace a truly integrated platform for straight-through processing — from deal execution, to physical operations, to deal settlement — I think that’s pretty special and something no one else is offering.

Founded in 2000 and located in Vancouver B.C., Canada, Navarik is the leader of on-demand software services that automate shipping logistics and physical trade operations in global crude oil, refi ned products, and bulk commodities.

Read Triple Point’s inspection brochure at

tpt.com/2010/inspections.asp

Navarik’s Patrick RooneyManual cargo inspection increases operational risk

Patrick Rooney

President and CEO

Navarik

11

Triple Point Leads European Energy Markets

Triple Point has made signifi cant

announcements that underscore its

leadership position in the European

energy markets: the release of both

Commodity XL™ for European

Power and European Gas; the launch

of Commodity XL for Emissions™;

and the acquisition of Enerbility —

the pioneer in using EFET standards

to automate back-offi ce processes in

the energy trading industry.

Triple Point has also expanded its

European presence with new R&D

and support centers in Geneva

and Vienna and professional staff

growth of more than 75%.

EUROPEAN POWER AND GAS MARKETSThe UK and Continental European power and gas markets are in a state of change driven by liberalization of markets, environmental issues, and potential new members to the European Union (EU). In addition, the different markets are at various stages of maturity, leading to intricacies and nuances specifi c to individual markets.

COMMODITY XL FOR EUROPEAN POWER AND EUROPEAN GASCommodity XL™ for European Power and European Gas provides expanded and integrated functional-ity across trading, pricing, position management, valuation, scheduling/nomination, transmission, confi rm-ation matching, and settlement for UK and Continental European power and gas markets. Triple Point’s seam-less integration between Commodity XL™ and its module for electronic confi rmation management, Enerbility eCM™, further facilitates straight-through processing and eliminates integration cost and risk to the cus-tomer, all while complying with EFET standards. The European Power and Gas solution suite is built on Triple Point’s next-generation technology platform and leverages Commodity XL’s base functionality for front, middle, and back offi ce, while aug-menting it with localized functionality for the UK and Continental European power and gas markets.

EU

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TRIPLE POINT ANNOUNCES BOTH

Commodity XL for European Power and European Gas Premier power and gas solution suite for UK and Continental European markets

12

Triple poinT Announces BoTh commodity Xl for european power and european Gas Premier power and gas solution suite for UK and Continental European markets

Key Power Functionality:• Alignmentoftrading,

balancing,scheduling,andsettlementprocessesforeachcountry/marketrulescombination

• PowertradingforContinentalEuropeanmarketswithpricingandpositionsreportedinallthemainmarketdatagranularities

• PowerbalancingforContinentalEuropeanmarketsathourlyand15-minutelevels,withhourlytradedecompositioninto15-minuteintervals

• UKpowerbalancing,contractnotifications,andscheduling—enhancedpositionmanagementandlogisticsforNETA/BETTAsupport

• Calculationofimbalancesettlement(forecastandactual)forUKNETA/BETTAandContinentalEuropeanBalancingCircles

• Advancedconversionmodelsoffuelusageandemissionsoutputfromgeneration—calculateemissionsliabilitiesunderfossil-fuelburn

• Calculateemissionscreditsduefrom“green”generation

• ProductionandmatchingofelectronicconfirmationdocumentationrequiredunderEFETStandards

“ Triple Point has been remarkably successful at establishing itself as among the most widely recognized and successful commodity trading and risk management software vendors in Europe.”— Leading analyst firm, CommodityPoint

Balance Market view by quarter-hour granularity.

Key Gas Functionality:• Enhancedsupportformulti-

commodityindexpricingforUKandContinentalgastrading—createawiderangeofformula“templates”forreuse

• Standardsupportforcommon“look-back”rulesfoundintheindexpricingofgastotheoilcomplex

• EnhancedcoverageofgasswingandToP(Take-or-Pay)contractmechanisms—“building-block”approachforcapturingembeddedoptionality

• Executionofgasschedulingforbothentry/exitandpoint-to-pointdeliveryregimes

• Capacitymanagementofgastransportation,interconnector,andentry/exitcontracts

• Alignmentoftrading,balancing,nomination,andsettlementprocessesforeachcountry/marketrulescombination

• Supportfortrading,balancing,nomination,andsettlementatdailyandhourlygranularity

• Decompositionofdailypositionsintohourlyequivalents

• ProductionandmatchingofelectronicconfirmationdocumentationrequiredunderEFETStandards

“ Commodity XL for European Power and Gas incorporates much of the local market knowledge Triple Point gains in working with major European energy companies, including Electrabel, RWE, E.ON, and Statkraft Markets GmbH to name just a few.”— Mike Ravo, VP, Industry Solutions, Triple Point

13

Triple Point Gains Market Share in Asia Pacifi cContinues momentum in region with nine new customers and counting

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Triple Point continues to maintain strong momentum in the Asia-Pacifi c region, signing several new customers: Su-Raj Diamonds, IBMA, New Zealand Mint, and Diamond India (bullion); Incitec Pivot (chemicals manufacturing); Prime East and Berge Bulk (bulk shipping); Olam (agricultural supply chain) and Petredec Services (energy and shipping). Triple Point has installed solutions at new customers in Hong Kong, Singapore, India, and Australia and has expanded to more than 250 employees across the region to support rapid growth.

Increased demand from the large commodities export markets — Australia, New Zealand, Indonesia, Malaysia, and India — coupled with the Hong Kong and Singapore ports, provide large underlying volumes and increasing levels of interest from trading companies. These organizations are turning to Triple Point’s leadership

position and breadth of solution coverage to manage sales and purchase-price risk through to vessel operations and freight rate risk.

Petredec Services in Singapore is a great example of this. Petredec required a commodity trading and shipping solution that could provide transparency across geographies, streamline physical operations, and support planned expansion into additional LPG, petrochemicals, and refrigerated cargo markets worldwide.

“Triple Point alone has the functional breadth and depth to measure, manage, and report on both sides of our business — trading and shipping — across all commodity markets.”

— Simon Hill, CEO, Petredec Group

“ The need for sophisticated enterprise risk management, trading, procurement, and logistics solutions has never been greater in the Asian markets.”

— Simon Woods, CCO and Managing Director,

Asia Pacifi c, Triple Point

14

Su-Raj Diamonds selected Commodity XL for Precious Metals™ to manage its new bullion import and trading business.

“ Implementation of Commodity XL extends our visibility into the supply chain and enables us to make smart sourcing decisions.”

– Jatin Mehta, Chief Managing Director, Su-Raj

Taurus Petroleum selected Chartering and VesselOps™ to manage all pre-and-post fi xture activities for its shipping operations.

Thenamaris, one of the world’s leading independent ship management companies, selected Chartering and VesselOps™ to manage operations for its oil tankers and bulk carriers.

Transgrain Shipping B.V. selected Chartering and VesselOps™ and Freight Risk Management™ to manage all pre-and-post fi xture activities, along with freight rate volatility, for its ocean transport business.

United Arab Chemical Carriers Ltd. (UACC) selected Chartering and VesselOps™ to manage commercial vessel operations for its global refi ned oil products and petrochemicals shipping business.

Valero Energy Corporation, North America’s largest independent petroleum refi ner and long-time Triple Point customer, licensed additional Commodity XL™ modules to support its energy business.

World Fuel Services Corporation selected Commodity XL’s enterprise platform to manage trading, logistics, counterparty credit risk, and treasury risk for its global fuel marketing operations.

®

Pacifi c Summit Energy, a long-time customer of Triple Point, licensed additional Commodity XL™ components including solutions for power and gas.

Petredec Services Limited, the largest LPG trader in the world, selected Commodity XL™ to manage commodity trading and shipping operations across its global liquefi ed petroleum gas (LPG) trading and shipping business.

“ With Triple Point’s established presence in the Asia-Pacifi c region and worldwide infrastructure, Petredec is confi dent that it has the best partner in place to support its diverse worldwide business requirements.”

– Simon Hill, CEO, Petredec Group

Practica Shipping Corp. Ltd selected Chartering and VesselOps™ to profi tably manage all pre-and-post fi xture activities of its dry bulk shipping operations. The solution will be integrated across all offi ce locations including Cyprus, Geneva, and Buenos Aires.

Prime East Shipping Limited selected Chartering and VesselOps™ to profi tably manage all pre-and-post fi xture activities of its newly established dry bulk shipping operations, primarily transporting iron ore, nickel ore, coal, and coke between Asia, Australia, and South America.

ScottishPower, a long-time customer of Triple Point, extended its Treasury and Regulatory platform by licensing modules for IFRS 7, Emissions, Heat Rate, and FX and broadening its use of Emissions, Coal, and Currencies.

Suncor Energy selected Commodity XL’s enterprise platform to support strategic growth in oil and gas production and marketing activities.

Leading Global Organizations Choose Triple Point Continued from page 7

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Prime East Shipping Limited

Pacifi c Summit Energy LLC

TAURUSPETROLEUM

TRANSGRAIN

SHIPPING B.V.

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Q What is Triple Point’s partnership with SAP?

Carlos Lebrija Triple Point and SAP co-developed a commodity trading, risk, and operations software platform — Commodity Management™ — which utilizes best-of-breed components from both SAP® ERP and Triple Point’s Commodity SL™. Commodity SL is the only solution endorsed by SAP in the commodity trading and enterprise risk management area.

Q How did the partnership with SAP evolve?

CL Through a very rigorous due diligence process, SAP picked Triple Point to partner with from all other major competitors in the CTRM space. That speaks volumes not only to our solution, but also to the people in our organization that helped infl uence that decision. Over the years, our work together has only gotten tighter, the result of which is Release 7.3.

Q Describe the early days on the project…

CL In the early days of 2005, it was just a handful of people from Triple Point and SAP working via multi-hour, multi-screen, multi-whiteboard conference calls. Today, there are over 70 people across both organizations working to service and bring innovation to Commodity SL customers and prospects every day.

Q What makes Commodity SL 7.3 so signifi cant?

CL In Q4 2010 several Commodity SL customers are scheduled to take the 7.3 release into production with full front-to-back integration — including master data, physical trades, logistics and settlement — for the fi rst time. Commodity SL is now on equal footing with the Commodity XL™ platform.

Q What are the high points of Release 7.3?

CL As we laid the foundation of Commodity SL, we learned more and more about SAP and how it worked. This enabled us to develop tight integra-tion with SAP methodology, dramati-cally reducing integration risk. In 7.3, the integrated solution now fully supports the most crucial elements of a complete physical trading scenario, including provisional pricing; secondary costs; a logistics model that matches SAP’s doc-ument structure; user-friendly message monitoring; and an incredibly robust technical infrastructure with automated log reprocessing, to name just a few.

Q Now that Commodity SL is a full-blown solution, what’s next for Industry Solutions?

CL We always have a few tricks up our sleeve…

Carlos Lebrija

VP, Solution Development

Triple Point

Pictured at right is part of Triple Point’s Westport, CT, Commodity SL team. Several team members from Triple Point’s global offi ces could not be present for the photo and were missed! Congratulations to the entire team on its accomplishment.

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P P

AR

TN

ER

SH

IP

Triple Point’s Partnership with SAPCommodity SL is the only solution endorsed by SAP in the commodity trading and risk management area

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TRIPLE POINT’S COMMODITY SL™ FOR SAPEnd-to-End Commodity Management

Felix Thoma, SAP’s Director of Commodity Management, explained SAP and Triple Point’s co-developed solution, the unique partnership, and the unbeatable value it offers to SAP customers.

Attendees:

• Gained fi rst-hand knowledge about best-of-breed functionality in the joint solution

• Heard how leading organizations are benefi ting from the pre-integrated solution

• Learned how the integration risk is moved from their business to SAP and Triple Point

• Discovered how Commodity SL increases transparency and reduces operational complexity

WINNING RAW MATERIAL SOURCING STRATEGIESHow to Overcome Top Sourcing Challenges

Mickey North Rizza, Research Director at AMR/Gartner Research, shared the full results of new research on winning raw material sourcing strategies. She revealed how market leading organizations use a mix of hedging, spot market buying, and long-term contracts to secure profi t margins and improve end-to-end supply chain performance.

Attendees:

• Discovered 5 proven strategies and tactics to secure product and profi t margins

• Gained insight into best practices from 31 companies across the globe

• Heard why companies must integrate sourcing decisions with their end-to-end supply chain

• Learned effective risk mitigation techniques and tools

Raw Material Sourcing Strategies are Critical

to Revenue and Profi t Margins

Learn about the raw material sourcing challenges of 31 companies across fi ve industries and the best practices and strategies to deliver winning results.

Triple Point Presents:Best Risk Management Webinar Series“ In a recent Ernst & Young survey, 96% of senior executives said that their companies’

risk management processes leave room for improvement.”

To listen to the above Triple Point Webinars plus previous topics — all complimentary — please visit tpt.com/2010/webinars.asp

Felix Thoma

Director of Commodity

Management

SAP AG

Mickey

North Rizza

Research Director

AMR/Gartner Research

Read the full AMR research report at

tpt.com/2010/amr.asp

17

GIV

ING

BA

CK

Triple Point employees took part in the worldwide effort to provide Haiti with immediate relief and emergency assistance following the catastrophic earthquake that hit the island on January 12th. Employees donated a combined $10,143 to the Clinton Bush Haiti Fund, and Triple Point matched each contribution for a grand total of $20,300!

Triple Point Donates $20,300 for Haiti Earthquake Relief

The 7.0 earthquake and its aftereffects claimed as many as 300,000 lives, according to the Haitian government. Haiti’s situation as the poorest country in the western hemisphere became infi nitely worse after the quake — food, water, and shelter were in extreme defi ciency and disease and violence quickly spread.

To lend your hand to help lighten Haiti’s load, and to learn more about Haiti’s current recovery, please visit www.clintonbushhaitifund.org

‘ Men anpil, chay pa lou.’

With many hands, the burden is light.

— Clinton Bush Haiti Fund quoting a Haitian proverb

15,000 men and women joined her for the 13th annual marathon, all dedicated to raising money in support of vital breast cancer causes. Approximately 1 in every 8 women will develop breast cancer in her lifetime.

Emily raised 700 GBP (just under $1,100 USD) towards breast cancer research, thanks in part to donations from Triple Point colleagues. In total, this year’s Playtex Moonwalk pulled in an astounding 4 million GBP! To join the cause and fi nd similar marathons around the globe, visit www.walkthewalk.org

Emily hosted a Triple Point ‘pledge-breakfast’

for her colleagues.

Emily proudly displays her medal.

Triple Point Raises Money for Breast Cancer in London

This past May, Emily Ryan, fi nance and offi cer manager, Triple Point London, set out on the 26.2-mile Playtex Moonwalk through the streets of London.

Triple Point Gives Back Around the WorldBy Tyler Chukwu

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Triple Point Honors Mandela Day in Cape Town

As part of the fi rst-ever July 18th International Nelson Mandela Day, the United Nations requested that everyone dedicate 67 minutes of their time — representative of the 67 years Mandela spent in public service — to helping those less fortunate than themselves. This year, Karine Enslin, development manager, Triple Point Cape Town, dedicated her 67 minutes (plus some!) to Cape Town’s Sarah Fox Children’s Convalescent Hospital.

From left, Triple Point employee Karine Enslin with

the house matron of Sarah Fox Children’s Hospital.

It is the only hospital of its kind on the Western Cape and provides post-critical recovery care for children typically suffering from tuberculosis, accidental injuries, malnutrition, trauma, and abandonment. The staff and children were delighted by Karine’s visit and very grateful for the donations of baby products, clothes, toys, and treats that the rest of Triple Point’s Cape Town employees sent along. To see how you can help with various causes supported by the Nelson Mandela Foundation, please visit www.nelsonmandela.org

Triple Point Celebrates Children’s Day in Pune

For Children’s Day employees from Triple Point’s Pune offi ce spent time with 55 HIV-positive orphans living at a home called Gokul. Gokul, run by the NGO Manavya, provides clean and comfortable shelter, nutritious food, medical care, and education for the children, who range in age from one to sixteen.

Playing with the children and becoming immersed in their lives was an enlightening experience for the Triple Point employees — they now visit the orphanage as often as they can and enjoy arranging activities and bringing donations of food and clothing items. For more information about Gokul’s mission and other Manavya projects, please visit www.manavya.org/home.html

The children of Gokul show off their dancing skills as Triple Point employees cheer.

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Corporate Headquarters

301 Riverside AvenueWestport, CT USA 06880Tel: +1.203.291.7979E-Mail: info@tpt.com

Europe, Middle East

and Africa Headquarters

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Brazil

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Singapore

391B Orchard Road #23-01Ngee Ann City Tower BSingapore 238874Tel: +65.6832.5940E-Mail: info@tpt.com

Chennai

Triple Point TechnologyESPEE IT PARK, 7th FloorNo.5 North PhaseJawaharlal Nehru RoadEkkattuthangal, Chennai 600097Tel: +91.44.4217.7982E-Mail: info@tpt.com

Geneva

Triple Point TechnologyAvenue de la Gare 25BCH-1180 RolleSwitzerlandTel: +41 (0)21.825.5656E-Mail: info@tpt.com

Cape Town

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Vienna

Triple Point TechnologyHackhofergasse 18A-1190 Vienna/AustriaTel: +43 18 9030 4090E-Mail: info@tpt.com

About Commodity XL

Triple Point Commodity XL™ is the leading multi-market commodity and enterprise risk management solution that meets all of the requirements for supply, trading, marketing, logistics, scheduling, shipping, risk management and accounting in today’s volatile and complex environment: multi-commodity management, business intelligence and analysis tools for proactive decision-making, real-time integration of physical and fi nancial positions, advanced service-oriented architecture (SOA) and comprehensive enterprise risk management covering the four key areas of exposure: market / price risk, operational risk, counterparty credit risk and corporate governance and regulatory compliance risk.

About Triple Point Technology, Inc.

Triple Point is the leading global provider of innovative software solutions to effi ciently and profi tably manage commodities and enterprise risk. Triple Point’s growing, loyal customer base of over 220 companies represent all industries with exposure to energy and raw materials including oil and gas, coal, metals, agriculture, transportation, shipping, consumer products (CP), discrete manufacturers, and big box retailers. The company was named a ‘Leader’ in Gartner’s ETRM Magic Quadrant for its completeness of vision and ability to execute. Triple Point offers the only real-time solution to manage market/price, counterparty credit, operational, and regulatory risk on a tightly integrated platform. Founded in 1993 and headquartered in Westport, CT, USA, Triple Point employs over 600 people in 11 offi ces and support centers around the globe.

More information is available at www.tpt.com.

How to Get Started

To learn how Triple Point’s Commodity XL software solutions can benefi t your supply, marketing, procurement, hedging or trading activities, please contact us at one of our offi ces below.

To the Point is published and distributed by Triple Point Technology, Inc.

For more information, please contact Jennifer Jones at +1.203.291.7979 or jenniferj@tpt.com.

Editorial and Production Staff

Executive Editor: Jennifer Jones

Art Direction & Production: Jennifer Fleischmann Design

© 2010 by Triple Point Technology, Inc. All rights reserved.

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