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Xelector partners with PriceGrabber.co.uk to offer online energy switching

London, Thursday 29th 2007f November 2007

PriceGrabber.co.uk, an Experian company, today launched a new service category for energy switching on its comparison shopping site. With the new service, PriceGrabber.co.uk users can now compare gas and electricity providers, find the best deals and switch suppliers safely and easily. Customers can shop for a new fridge or a new washing machine for their home, and calculate the best deals to save money on household bills at the same time.

The new service, which sees PriceGrabber.co.uk partner with market leader Xelector, allows customers to compare providers on a range of points including savings, features and tariffs to make the most informed choice based on their needs.

Users can enter details for their current provider, usage and spend, and find out how they can save money on PriceGrabber.co.uk. The entire process of switching to a new provider is also managed through the same single interface on PriceGrabber.co.uk, making it easy for customers to find the best deal on gas and electricity.

"As the only comparison service with the ability to switch users to all gas and electricity providers in the United Kingdom, Xelector was the perfect partner for us to expand our offering to customers," said Russ Carroll, Business Development Director for PriceGrabber.co.uk. "PriceGrabber.co.uk has been offering people a place to shop for a range of lifestyle goods and services, such as white goods and electricals, for several years, and now they can get the right energy provider at the right price as well."

"PriceGrabber.co.uk understands the value of offering its users a white-label environment in which to take advantage of gas and electricity savings. Our service keeps users within the PriceGrabber.co.uk brand while also ensuring that they use market leading utility comparison services from Xelector," said David Kerr, managing director of Xelector. "We are very pleased to partner with PriceGrabber.co.uk and feel that together we can provide added value and savings to users of the site."

About Xelector plc
Xelector is a leading provider of marketplaces for financial services and utilities products. Xelector operates on- and off-line marketplaces that enable companies to offer their customers the ability to compare, select and buy loans, insurance, home energy and much more. Companies can add Xelector's marketplaces -- including Broadband, Insurance, Credit Cards, Loans, and Utilities -- to their businesses to generate new revenue and increase customer loyalty.

Xelector has been operating since 2000. Working with best-of-breed products and industry leading providers, Xelector provides its second-generation marketplaces to leading UK websites. Xelector is a privately held company headquartered in Dublin, Ireland. Its key investors include Invision, Morgan Stanley and employees. For more information about this release please contact press@xelector.com.

About PriceGrabber.co.uk
PriceGrabber.co.uk, part of Experian InteractiveSM, is a leader in comparison shopping and is widely recognised as one of the best and most useful sites on the Internet by industry-leading publications and has more than 24 million worldwide users. Savvy shoppers who want to save time and money use PriceGrabber.co.uk’s various product channels to find the best deals on a wide range of products and services. PriceGrabber.co.uk’s innovative comparison shopping services empower shoppers to make the best purchase decisions using features such as total price, merchant ratings and reviews, detailed product information and reviews, side-by-side product comparisons, and e-mail notification of the best prices and availability on the Internet. For merchants, manufacturers and partners, PriceGrabber.co.uk provides unparalleled marketing and sales opportunities to millions of active, qualified and ready-to-buy shoppers.

PriceGrabber.co.uk Ltd. is headquartered in London, UK. PriceGrabber is a registered trademark, and PriceGrabber.co.uk and BottomLinePrice are trademarks of PriceGrabber.co.uk, Inc., a Delaware corporation. Other trademarks or registered trademarks are the property of their respective owners.

About Experian
Experian is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions. Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage. For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organizations from financial services, retail and catalog, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.

Experian Group Limited is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. It has corporate headquarters in Dublin, Ireland, and operational headquarters in Costa Mesa, Calif., and Nottingham, UK. Experian employs approximately 15,500 people in 36 countries worldwide, supporting clients in more than 65 countries. Annual sales are in excess of $3.8 billion.

More information:
Business Development Manager
justin.thomas@xelector.com
 
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Xelector plc is registered in Ireland, company number 307146. Registered address Arthur Cox Building, Earlsfort Centre, Earlsfort Terrace, Dublin 1, Ireland. Xelector plc trades as Xelector Services in the UK. Xelector Services is registered with the Companies House as number FC026508. Xelector Services’ registered address, in the UK, is 32 Baseline Studios, Whitchurch Road, London W11 4AT. Xelector Limited, a subsidiary of Xelector plc, is registered in the UK with the Companies House as number 05078219. Xelector Limited’s registered address is 20-22 Bedford Row, London WC1R 4JS. Copyright © 1970 Xelector plc

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