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TAMPA, Fla., Oct. 3, 2003 -- Energy Softworx and Nova Scotia Power announced that they have entered into a software license agreement to utilize Energy Softworx' fuels management software (Fuelworx) to manage their fuel supply operations.

"Fuel is the largest direct cost component of generating electricity. The implementation of good fuels management and accounting software and practices is essential for surviving the pricing pressures of the modern day energy market. We welcome Nova Scotia Power to our rapidly growing list of power generation companies who are taking a proactive stance towards managing their fuel supply costs," said Debbie Wohlers, President Energy Softworx.

"After an intensive examination of the fuels management software solutions available in the marketplace, we selected Energy Softworx because we felt they offered the best of breed software solution from a functional and technical standpoint. They had excellent customer references and their knowledge of the fuels management business was impressive. We believe they will be a huge asset as we strive to streamline our business processes during the implementation of a new Fuels Management System at Nova Scotia Power," said Susan Faulkner, Fuels Project Manager at Nova Scotia Power.

About Energy Softworx

Energy Softworx provides software solutions for organizations involved in the consumption, sales, and transportation of fuel (i.e., coal, oil, pet coke, natural gas). The company, established in 1992, has licensed products to over 25 leading energy providers including Progress Energy (NYSE:PGN - News), XCEL Energy (NYSE:XEL - News), FirstEnergy (NYSE:FE - News), Reliant Energy (NYSE:RRI - News) and Exelon Corporation (NYSE:EXC - News).

About Nova Scotia Power

Nova Scotia Power Inc. is a wholly owned subsidiary of Emera Inc. (TSX:EMA - News), a diversified energy and services company. Nova Scotia Power provides more than 97% of electric generation, transmission, and distribution to more than 450,000 customers across Nova Scotia. NSPI is committed to supporting Nova Scotian communities by being a least-cost provider of safe, reliable power. Visit NSPI on the web at http://www.nspower.ca or Emera on the web at http://www.emera.com .

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