HOUSTON--(BUSINESS WIRE)--Oct. 1, 2003--Mobius Risk Group, LLC, a leading provider of energy risk management outsourcing and advisory services, announced today that David Gildersleeve has joined the company as vice president, Technical Services.

Gildersleeve brings more than 20 years of experience in the energy business, including systems planning, large customer sales, managing rate, tariff and purchased gas adjustment efforts in proceedings before the Federal Energy Regulatory Commission, California Public Utilities Commission, Arizona Corporation Commission and the Public Service Commission of Nevada.

"In Nevada, Mobius provides energy advisory services to 31 Nevada-based casinos as well as a number of regional hospitals, mining companies and industrial laundry providers. With extensive experience in the Nevada energy arena, Dave has clearly distinguished himself as a local market expert and we're delighted to have him on our team," said Ken Rubeli, executive vice president & lead risk officer, Mobius Risk Group.

Prior to joining Mobius, Gildersleeve spent 15 years moving up the ranks of Southwest Gas Corporation before joining Nevada Energy Buyers Network (NEBN), an energy advisory and consulting service, whose primary emphasis is on developing groups of commercial customers to improve their energy buying leverage. As vice president for both organizations, Gildersleeve's responsibilities included sales and marketing as well as actively advising clients in energy buying decisions. In addition, Gildersleeve spent more than five years a leading engineer in the mining industry.

Gildersleeve's responsibilities as Mobius' vice president of Technical Services will include technical and client management as well as supporting Mobius' rapidly expanding Western and Southwestern client base. He will be based in Las Vegas, working with Mobius' Technical Services offices in Phoenix and Los Angeles.

"Since they arrived in Nevada nearly two years ago, I've watched Mobius rapidly grow into the region's top independent energy risk management firm. Mobius' analytical abilities and execution services are exceptional and I'm pleased to be joining a team that has built their business around working exclusively as independent advisors to their clients," said Gildersleeve.

Gildersleeve received his Bachelor of Science degree in Civil Engineering from the University of Arizona and an MBA from the University of Nevada. He currently serves as the president of the Distributed Energy Association of Nevada.

About Mobius Risk Group

Mobius Risk Group provides enterprise wide energy risk management, outsourcing and advisory services across industries, including industrial, commercial, institutional, municipal, utility, petrochemical and energy producers. Mobius brings its breadth and depth of risk, energy, utility representation and project efficiency to bear on its clients' energy needs in an advisory capacity. Mobius' unique services are in acting as a representative of the client and not as a supplier, vendor, broker or "middle man." The company assists their clients in managing annual energy expenditures in excess of $2.3 billion.

The company is based in Houston with offices in Boston, Los Angeles, Nevada and Phoenix. It is comprised of a management team with 250 years of combined energy and risk management experience who have established and managed major energy and commodity trading, structuring and marketing departments.

For more information on Mobius Risk Group, please visit http://www.mobiusriskgroup.com/.

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Contact:

     The Padgett Group, Houston
     Kim Padgett, 713-664-5356
     Kim@ThePadgettGroup.com
     or
     Mobius Risk Group, Houston
     Ken Rubeli, 713-877-0404
     krubeli@mobiusriskgroup.com