News

MCG Announces Appointment of Jon Olson as Director of Business Development

Minneapolis, May 11, 2009: MCG Energy Solutions, LLC ("MCG"), a leading provider of power trading and scheduling solutions for physical and ISO power transactions, today announces the appointment of Jon Olson as Director of Business Development. Jon joins MCG with over 16 years experience in commodity and power trading serving in a variety of roles including managing trade desks and generation assets.

MCG's President, Mike Prickett said, "MCG has always tried very hard to be much more than simply a software house serving the power industry. The way we have done that is through our focus on hiring top notch talent from the power industry and putting that talent to work in key roles that require industry experience to succeed at a high level. Hiring Jon is a continuation of that effort to develop our business with industry talent that can work with our outstanding IT talent pool in advancing our products and services. Jon has a terrific resume in the industry that puts him in a unique position to help MCG execute on its short and long terms plans in the marketplace."

Olson commented, "I have always been impressed with MCG’s commitment to complete customer satisfaction. When you combine this commitment with leading software solutions, exciting things are going to happen. I look forward to utilizing my years of trading floor experience to help Mike and his team deliver exceptional products to the marketplace."

About MCG

MCG was incorporated in 1995 by a team of software professionals to produce quality technology solutions for its clients and is headquartered in Minneapolis, MN. Today, MCG develops full-service software solutions and support with top-of-the-line customer service. MCG's fully integrated systems provide electric utility companies, traders and operators with the tools needed to fully manage their power scheduling needs.