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Singapore and Pittsburgh, Pennsylvania -- November 27 2007 -- While attending Energex2007 and delivering a paper describing the use of neural networks in electricity demand forecasting, NeuralWare CEO Jack Copper introduced NeuralPower®, NeuralWare's next generation electricity demand and price forecasting package (www.neuralpower.com).
NeuralPower is a fully-integrated forecasting platform. It delivers extremely accurate forecasts that are easily tailored for customer service areas, rate classes, market segments, or other usage categories. NeuralPower is based on NeuralWare's time-tested and field proven NeuralWorks Predict® engine – the world's most advanced neural network application development software.
NeuralPower is being developed in close cooperation with FirstEnergy Solutions, a subsidiary of FirstEnergy Corporation (www.firstenergycorp.com), a leading investor-owned utility in the United States.
NeuralWare anticipates releasing NeuralPower for general use around the world in the third quarter of 2008.
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