Posted: Jan 14, 2008

Eddie Bauer Expands its Commitment to Energy Savings and Prenova's Value Delivery

ATLANTA, GA - January 14, 2008 - Prenova is pleased to announce that a major retailer and one of its long-standing customers, Eddie Bauer, has not only renewed their service agreement for three additional years but also expanded its scope. Eddie Bauer has long partnered with Prenova to drive optimal energy prices, along with budget forecast certainty, throughout their organization with Prenova’s Price Risk Management solution. With this service agreement extension, Eddie Bauer will continue to be a Price Risk Management customer, and the Retailer has also contracted for Prenova’s Energy Analytics and Utility Management solutions (Bill Payment, Bill Audit, Energy Rebates, and Utility Due Diligence).

“Eddie Bauer entertained proposals from a number of key energy players, and we chose to renew and expand with Prenova under a multi-year agreement,” said Dawn Johnson, Director of Corporate & Retail Services at Eddie Bauer. “Prenova brings a team of people focused on what’s right for Eddie Bauer. Prenova’s services have returned more than 3x the investment for Eddie Bauer in 2007. One of the hallmarks of our business at Eddie Bauer is exceptional customer service, and Prenova shares and delivers upon that same passion.”

“Energy expenditures are one of the most volatile and significantly increasing cost components in the retail sector,” stated Michael Nark, President and CEO of Prenova. “In the Price Risk Management arena, Prenova provides customers like Eddie Bauer with the strategies, tools, and solutions to manage the risk of rapidly rising and fluctuating energy prices. Greater visibility into energy prices translates to more predictable financial performance - despite market instabilities.”

Eddie Bauer, through Prenova’s Energy Analytics and Utility Management solutions, will enjoy a complete service, from utility coordination for initial store service and tariff rate set-up, to timely and accurate bill payment, to ensuring that the company participates in relevant market programs for rebates, tax credits, and more. Utility Management also provides the ability to compare facilities and identify risks and opportunities for further actionning through Prenova’s demand side energy management – which is the next energy management component that Eddie Bauer is considering.

About Eddie Bauer

Eddie Bauer is the only active, outdoor, lifestyle brand that combines a sense of style with a spirit of adventure and the legendary quality, inventiveness and customer service that has been the company’s hallmark since 1920. Products are available at approximately 377 stores throughout the United States and Canada, through catalog sales and online at eddiebauer.com. Eddie Bauer also participates in joint venture partnerships in Japan and Germany and has licensing agreements across a variety of product categories. For more information, please visit www.eddiebauer.com.