Peabody, Massachusetts – June 8, 2006 – LODESTAR Corporation, a leading provider of energy software solutions, announced today its sponsorship of the Australian Energy & Utility Summit organized by Association and Communications Events. This annual event focuses on the key issues facing the energy supply, transmission and distribution sectors including government policy and regulation, generation, production, transmission, distribution, and retail. Approximately 200 attendees are expected at the Summit, which takes place June 26-27 in Sydney, Australia. In addition to sponsoring and exhibiting, LODESTAR will present a brief company overview during the show’s cocktail reception.

Featured at LODESTAR’s exhibit booth will be two products in its suite of applications: BillingExpert® and LODESTAR® Meter Data Management™ (MDM). BillingExpert is used at small and large sites in regulated and deregulated markets, for distribution, wholesale, or retail multi-commodity participant billing. Fifty of the largest energy providers around the world use BillingExpert to improve customer satisfaction. The application easily adapts to market changes in complex-pricing scenarios, and enables energy providers to offer customers the best pricing plans with the greatest speed and accuracy. It performs start-to-finish bill processing and can manage any bill calculation structure. Recent benchmark testing demonstrated the application’s performance and scalability by billing 10 million customers using common hardware within 3 hours.

Equally as powerful and scalable, MDM addresses the challenge that energy providers face in managing the influx of meter data due to industry initiatives. It provides timely and accurate meter data for billing, settlement, forecasting, and other critical business functions. Unmatched by any other software solution in volume of data managed, MDM is designed for the highest levels of automation to improve current operations, and its flexibility and scalability meet current and future needs.

LODESTAR will be at booth number 5 and representatives will be pleased to demonstrate LODESTAR® Customer Choice Suite™ applications to those interested in learning about LODESTAR’s suite of products.