Genscape Named To Inc. 500 List of Fastest-Growing Private Companies For The 2nd Year In A Row

Genscape, Inc. Ranks No. 288 on the 2005 Inc. 500 List With Three-Year Sales Growth of 438%

LOUISVILLE, KY., November 3, 2005 – Inc. magazine recently released its 24th annual Inc. 500 ranking of the fastest-growing private companies in the country. Genscape, Inc. ranks No. 288 on the list, with three-year sales growth of 438%.

Genscape’s inclusion is a tremendous achievement following last year’s performance at #47. The list is calculated based on revenue growth, and a repeat appearance is very difficult. Other past repeat winners include: Oracle, Timberland, and Microsoft, to name just a few.

According to Sean O’Leary, Genscape CEO, “Being recognized among the most successful privately held companies in the U.S. is a source of great pride for us. We are constantly working to improve our business and it’s nice to receive recognition like this that indicates we’re doing the right things. This is a testament to a great team we’ve formed which includes our staff, board of directors, and customers.”

Genscape, Inc. is the originator of real-time power supply information. Genscape’s patented technology allows the company to estimate power plant outputs and determine the health of the power grid on a real-time basis. Genscape collects this information from a network of nearly 2,000 wireless monitoring devices across the United States and Europe. The company sells this critically important information through an annual subscription service to a customer base that includes the majority of the top 50 U.S. and European power generating, trading and marketing companies, as well as the Department of Homeland Security and the Federal Energy Regulatory Commission. Genscape provides this information to its customers through its award-winning, web-based interface.

Genscape was founded in 1999 to serve the energy market’s need for better information. Genscape introduced its power monitoring technology in 2001, with the company’s network developing rapidly since then to cover more than 400 power plants and power transmission pathways across the U.S. and Europe. While continuing to grow the power monitoring network, the company’s recent expansion plans have included the development of monitoring technologies for additional energy markets such as natural gas and oil, and the creation of a publications division which provides important fundamental information for energy-related markets such as coal, emissions, and natural gas.

Genscape has received various other awards including the Platt’s Global Energy Award, Business First’s Fast 50, and the company’s founders were named Ernst & Young Entrepreneurs of the Year in 2003.

CORPORATE INFORMATION

Genscape, Inc. is a privately held company headquartered in Louisville, Ky. GFI Energy Ventures, a leading private equity fund focused on the energy markets, and other investors acquired a majority interest in Genscape in August 2003. The company has 61 employees with additional offices in New York and the Washington, D.C. area. European operations are based out of Amsterdam, the Netherlands.

Inc. 500 Information

The companies that made this list represent the vanguard of American industry, posting an average three-year sales growth of 769%. Inc. 500 companies posted aggregate 2004 revenue of $15.9 billion, and 84% of them were profitable. Most importantly, Inc. 500 companies were engines of job growth, having created more than 95,000 jobs since the companies were founded.

The Inc. 500 list generated 25,180 new jobs in the past year alone, a stunning 35% year-over-year increase. Compare this with the total number of employees among Fortune 500 companies, which declined in 2001, 2002, and 2003 before experiencing a 1.3% up tick of 306,045 jobs in 2004.

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