SOURCE: Stream Energy

April 28, 2008 09:00 ET

Stream Energy Expands Into Georgia Market

Firm Introduces Successful "Friends and Family" Sales Formula

DALLAS, TX--(Marketwire - April 28, 2008) - Stream Energy, one of the fastest growing new retail enterprises in U.S. history, has started enrolling natural gas customers after being approved to provide energy service in Georgia by that state's Public Services Commission.

Stream Energy will be able to provide natural gas to customers in those counties in Georgia that are within the Atlanta Gas Light service area, including such cities as Atlanta, Savannah, Macon, Athens, Rome, Valdosta, Augusta and Brunswick.

"We're very excited about providing natural gas service to the people of Georgia," said Stream Energy co-founder and Chairman Rob Snyder. "Georgia is a terrific market that we believe will respond very positively to our philosophy of one-on-one sales and outstanding customer service."

Georgia is an important first step in Stream Energy's long-range plan to take its successful business and marketing plan to other states. The natural gas industry in Georgia was first deregulated during 1997.

Stream Energy began operations during 2005 after being licensed by the Public Utilities Commission in Texas as a retail electricity provider and has rapidly grown to become one of the major energy companies in the state. Stream Energy signed up approximately 64,000 customers during 2005 and today serves hundreds of thousands of Texas customers.

Through the company's "Friends and Family" approach, the wholly-owned Ignite marketing arm of Stream Energy empowers independent associates to sign up customers. Georgia residents will have an opportunity to earn income by becoming independent associates then signing up friends and family members for natural gas service from Stream Energy.

Chris Domhoff, founder of Ignite and co-founder of Stream Energy, said, "We are extremely optimistic that Georgians will respond enthusiastically to the Ignite Opportunity. We have established ourselves as one of the most dynamic direct sales programs available anywhere, and we are very proud of the millions of dollars we have already distributed in sales commissions to our community of Independent Associates. We are excited that the people of Georgia now have the ability to participate."

Additional information about Stream Energy and Ignite is available on the Stream Energy website at www.streamenergy.net.

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