May 24, 2012 FERC being asked to define simultaneous exchange before making a ruling on EQR

<p><span style="font-size: medium;"><span style="font-family: Verdana;">For the past year FERC has been proposing big changes to EQR reporting requirements.&nbsp; They are asking for more transparency and possible changs in&nbsp;the way the reports are filed; from the current Fox Pro software to XML.&nbsp; Many companies are concerned with changing to format to XML because of what happened to the electronic tariff filings when they turned to XML.&nbsp; But more importantly many companies are wondering about the redundancy of data that FERC&nbsp;continues to ask them to report.&nbsp; The changes to EQR and reporting on simultaneous exchange information is asking companies to report on overlapping portion of already reported transactions.&nbsp; FERC wants transparency and companies want less burden for reporting.</span></span></p><p><span style="font-size: medium;"><span style="font-family: Verdana;">When a final rule has been decided, Systrends will be ready to develop a software that will provide all the necessary requirements and keep the burden off the electric companies.</span></span></p>