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ICE Receives Energy Exchange of the Year Recognition in Annual Energy Business Awards
Nov 27, 2007 (08:11 AM EST)
ATLANTA, Nov. 27 /PRNewswire-FirstCall/ -- IntercontinentalExchange , a leading global exchange operator and over-the-counter (OTC) energy marketplace, was named as the 2007 Energy Exchange of the Year by votes cast for the annual Energy Business Awards.
ICE operates a regulated energy futures exchange, ICE Futures Europe, based in London, as well as the leading global electronic OTC energy marketplace. ICE developed the leading energy trading technology platform, known as the ICE platform, which hosts regulated futures and options on futures trading as well as trading in cleared and bilateral OTC energy markets for natural gas, electric power, European emissions, and crude and refined oil products.
Energy Business rewards excellence in a number of key energy business disciplines to those companies who are making a significant impact on the way energy business is conducted, trading risks mitigated, precious energy resources utilized, energy systems developed, environmental degradation curtailed, energy technology advanced, and energy production and consumption distributed more efficiently and ethically. Specifically, the Energy Exchange of the Year award is conferred on the exchange that has excelled in taking the exchange market forward to the benefit of the overall energy marketplace.
Said ICE Chairman and CEO Jeffrey C. Sprecher, "We are honored to receive this award from Energy Business for a second consecutive year. Such recognition motivates us to continue our development of new technology and initiatives focused on enhancing the vital and rapidly growing global energy markets."
Jeremy Wilcox of the Energy Partnership and founder of the Energy Business Awards said: "This has been another successful year with almost 1,000 voters across 10 categories of excellence. As in previous years, the winners have exhibited leadership, innovation and creativity in addressing key challenges in the evolving and dynamic energy marketplace."
Guy Isherwood, Editor of Commodities Now magazine and co-founder of the Energy Business Awards, said: "All shortlisted companies are worthy representatives in their chosen field of excellence. This year saw a greater number and breadth of companies nominated for these Awards and reflects the growing importance and awareness of energy business disciplines."
For more information, please see www.energy-business.com .
IntercontinentalExchange(R) www.theice.com operates global commodity and financial products marketplaces, including the world's leading electronic energy markets and soft commodity exchange. ICE's diverse futures and over- the-counter (OTC) markets offer contracts based on crude oil and refined products, natural gas, power and emissions, as well as agricultural commodities including canola, cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, in addition to foreign currency and equity index futures and options. ICE(R) conducts its energy futures markets through ICE Futures Europe(sm), its London-based futures exchange, which offers the world's leading oil benchmarks and trades nearly half of the world's global crude futures in its markets. ICE conducts its soft commodity, foreign exchange and equity index markets through its U.S. futures exchange, ICE Futures U.S.(sm), which provides global futures and options markets, as well as clearing services through ICE Clear U.S.(sm) In August 2007, ICE acquired the Winnipeg Commodity Exchange Inc., the leading agricultural futures exchange in Canada. ICE's state-of-the-art electronic trading platform brings market access and transparency to participants in more than 50 countries. ICE was added to the Russell 1000(R) Index in June 2006 and the S&P 500 Index in September 2007. Headquartered in Atlanta, ICE also has offices in Calgary, Chicago, Dublin, Houston, London, New York, Singapore and Winnipeg. For more information, please visit .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2006, and the Quarterly Reports on Form 10-Q for the quarters ended March 31, June 30 and September 30, 2007, each as filed with the SEC on February 26, May 4, July 27 and October 26, 2007, respectively.
CONTACT: Investor Contacts, Kelly Loeffler, VP, Investor Relations & Corp. email@example.comCommunications, +1-770-857-4726, , or SarahStashak, Director, Investor & Public Relations, +1-770-857-0340,, both of IntercontinentalExchange; Media Contact,Ellen G. Resnick of Crystal Clear Communications, +1-773-929-9292 (o),+1-312-399-9295 (c), , forIntercontinentalExchange
Web site: http://www.theice.com/ http://www.energy-business.com/