"We are very pleased with the participation of the U.

Utility Choice Electric Names TXU Reliant AEP and Other Energy Companies Named in Market Manipulation and Antitrust Lawsuit



Business Editors/Energy Editors

HOUSTON----

Electricity Provider Brings Claims for Ongoing
Market Manipulation, Fraud, and Antitrust Violations
in the Texas Electricity and Gas Markets

Utility Choice Electric (UCE) has filed a lawsuit in the U.

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"By reinforcing values of equality ,
tolerance, free speech, equal opportunity, choice of governance and respect
for the rule of law , we will create greater awareness among Israel's young
people of the importance of peace and reconciliation between Israel and her
Arab neighbors.D."
The Complaint alleges violations of RICO, mail fraud , wires fraud,
state and federal antitrust laws, unlawful anticompetitive conduct and
prices under PURA, and tortious interference with UCE's customers,
among other claims.
"Evidence of the schemes Enron-Canada called 'Project Stanley,' as
in hockey's Stanley Cup, has just been uncovered, which prompted the
Canadian Competition Bureau to immediately re-open their investigation
of the Alberta market late last week," noted Lisa Morganelli, UCE's
Mgr.com.

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Department of State to create the Israel Society and
Democracy Educational Center, a comprehensive educational project that
includes interactive exhibits and supplementary educational programs. This emphasizes the crucial importance of private rights of
action for damages in investigations and in policing the markets for
complicated market fraud and anticompetitive conduct.

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WASHINGTON, The Yitzhak Rabin Center in Tel Aviv,
Israel, today announced that it has been awarded a grant from the American
people through the U.

The Yitzhak Rabin Center (http://www. government grant is
to supplement the operating budget allocated by the Israeli government.

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The Yitzhak Rabin Center Receives U.S. Government Grant

"For
the progress made thus far UCE wishes to express gratitude for the
expertise of Bill Silliman, Greg Gowan, Diana Vincenti and R.

misconduct enroll




withdrawn allegations

S." These
values are emphasized by President Bush in his forward strategy towards
freedom. Utility Choice Electric was founded by highly experienced
energy executives with over 200 years of combined experience in the
electricity, natural gas, and related service industries .

inititative exclusionary

rabin. Potosky."
As a company with a long-term commitment to acting in the best
interests of its customers, who inevitably take the brunt of the
market misconduct that causes higher prices for everyone , UCE wants to
stop the wrongdoers' collusion, fraudulent games, and monopolization.
McCullough , in no particular order.

misconduct nonbeliever

"The grant will enable us to significantly
increase the outreach of the Yitzhak Rabin Center and the accessibility of its
programs, thus ensuring our role as a leading advocate in the preservation and
cultivation of Israel as free, democratic and pluralistic society. "We still strongly believe that deregulation is in the best
interests of all electricity consumers.
UCE is disappointed that this lawsuit has become necessary.

wosm tolerant

The Center is dedicated to reinforce democratic governance
in Israel, to maintain awareness of the Rabin assassination as a formative
event in Israeli civil society, and to counter any attempt to obscure the
circumstances that led to it and to commemorate the life and accomplishments
of Yitzhak Rabin. Funds dedicated
to developing and establishing the non-programmatic components of the Yitzhak
Rabin Center -- the library, archive and museum, and to equipping the Center's
new permanent facility must be raised privately.
"This suit is not an attack on deregulation," commented Mr.uchoice.

gsusa inititative

The
grant will cover programmatic expenses for the 2005 fiscal year.
Specifically, we will be able to train more educators, build networks among
Arab and Jewish youth and educators and empower local communities.
Rob Potosky, UCE's General Counsel and Senior Vice
President-Legal, stated, "The modern-day Michael Milkens have left
Wall Street for the energy markets, establishing home base in Texas. 303).

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The goals of the Israel Society and Democracy Educational Center are to:

* Reinforce democratic values by focusing on the multicultural character
of Israeli society and how social and ethnic rifts can become a threat
to democracy;
* Create greater cross-cultural sensitivity between the various ethnic
and social groups that make up Israel's multicultural and multifaceted
society; and
* Advocate and facilitate educational reform within neighboring
localities, thus empowering educators and promoting cross-cultural
tolerance.

"The future of democratic governance lies in nurturing leadership in our
young people," Ms. But the
principal Defendants have thus far refused to take responsibility for
even a penny of their ill-gotten gains and consistently denied any
wrongdoing.

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The operating budget of the Center is partially funded by the State of
Israel, which has donated land to be used to build the Center. Yet the core evidence set
forth in UCE's Complaint is a result of the efforts of private
individuals with no help from the Public Utility Commission of Texas
or ERCOT.

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The
government of the United States joins the governments of Germany and Norway,
which have also made generous allocations to the Yitzhak Rabin Center.
These wrongdoers have perfected the process of covertly and unlawfully
extracting millions of dollars per hour through schemes targeting the
energy markets.

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The official opening of the Center will take place on the 10th
commemoration of the assassination of Prime Minister Rabin in November 2005 .
"We anticipate that the Defendants' first response will be to fire
a few employees, following some claims that this suit is frivolous and
old news, as the companies attempt to disassociate themselves from
their actions," added Mr.
"The example described in pages 26 through 36 of the Complaint ,
which is just a small piece of recent evidence obtained concerning the
relationships between those who manipulated the California and
Canadian markets and Defendants in this case, shows collusion to fix
electricity prices via the Enron-concocted 'Project Stanley' scheme,"
noted Mr.

Scouting interaction with society at large.

scouter inititative

UCE seeks to prevent
anticompetitive activities, widespread market manipulation and
collusion to fix electricity prices.
The factual background and allegations stated within UCE's
pleadings have been alleged in good faith and are intended to assist
in the resolution of UCE's dispute with Defendants and to otherwise
satisfy the applicable pleading requirements .

scouter desiderata

in our very
important work promoting education in leadership and democracy," said Dalia
Rabin , chairperson of the Center. We thus also
seek to clarify that Texas consumers and businesses are permitted to
employ the same enforcement tools that are available to those in the
interstate commodities and securities markets governed by the CFTC and
SEC, in which private parties are permitted to seek recourse in the
courts when harmed by anticompetitive and fraudulent conduct. The
courts, which are independent, fair, and just dispute resolution
forums, are direly needed to provide this natural check on, and
complement to, enforcement efforts of administrative agencies such as
the PUCT.

homeschooled bsa

S."
Texas residents and businesses have suffered as a result of the
unlawful behavior."

About Utility Choice Electric

Utility Choice Electric specializes in offering customers high
quality and customized services at low electricity prices, supplying
energy services principally to commercial , industrial and governmental
customers.

coalitions objections


Outreach and education will serve as the Yitzhak Rabin Center's primary
means to facilitate genuine social change and to impact deep-rooted mind-sets.,
Houston Division (Civil Action No. "But this Complaint brings to light
new claims and new evidence relative to any previously filed
complaints against these Defendants. For more
information about Utility Choice Electric, visit www. No party or entity,
including but not limited to creditors, shareholders , or lenders of
Defendants, should rely on any statements made herein or within any
such pleadings without independently verifying their accuracy and
completeness.


confront atheists

These activities focus
primarily on Israel's young: children, youth, students and soldiers, from all
sectors of Israeli society -- Jews and Arabs, veterans and immigrants,
residents of the periphery and residents of the country's heartland.C. 4:05-cv-00573) against TXU, AEP,
APX and Reliant, among other Defendants.

"We have geared up for the long battle ahead," added Potosky.

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org)
The Yitzhak Rabin Center was founded in 1997 to commemorate the life and
legacy of Yitzhak Rabin, soldier and statesman, as it relates to society,
peace and security. Potosky.

inititative wagggs

The U. Some of the same companies and individuals who
fraudulently gamed the California and Canadian electric markets have
moved on to playing the same games in Texas.

gsusa effected

S. UCE also claims many of the Defendants, namely
TXU, engaged in further wrongdoing in fraudulently covering up such
unlawful conduct, even retaliating against certain informants who had
previously brought such wrongdoing to TXU's attention. If not for the activities of the Defendants , UCE
believes electricity prices for all Texas customers would be, on
average, at least 20% lower . of Legal Affairs.
Potosky.

wagggs wosm

Rabin continued. The Center is taking an active role promoting international
leadership development, and public dialogue and tolerance.S. We believe the evidence likewise
will enable us to show the involvement of some of the Defendants' top
brass.
Additional information about the suit and interviews are available by
contacting Scott Black with TimePiece Public Relations at 214-520-3430
(ext.

bsa homeschooled

"
The Rabin Center aims to attain these objectives by working on several
fronts, including educational activities, public activism, academic research,
commemoration, documentation and museum activities.

disarmament grassfire

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