Bahrain Minister Opens New Nexant Middle East Office

MANAMA, Wednesday, November 24th 2010 [ME NewsWire]:

(BUSINESS WIRE)-- Nexant (www.nexant.com) announced today that His Excellency Dr. Abdul-Hussain bin Ali Mirza, Kingdom of Bahrain Minister of Oil & Gas, has officially opened Nexant’s Middle East office at an opening ceremony and seminar at the Capital Club, Bahrain Financial Harbour in Manama. The event was attended by senior client executives from Gulf Cooperation Council (GCC) energy and chemical industries who discussed key issues facing their industries in the region.

“Beginning with our ChemSystems brand, Nexant has been providing thought leadership and advisory services in energy and chemicals to GCC clients for over 25 years,” said Richard Sleep, Nexant Senior Vice President for Europe, Middle East, and Africa. “As part of our ongoing global expansion, we opened the regional office in Bahrain to provide closer support to the industry. Not only will this new office enable us to enhance existing relationships and build new ones, it will allow us to be even more responsive to our regional clients and deliver a wider range of comprehensive services throughout the Middle East.”

Nexant’s new office in Bahrain is headed by Graham Hoar, Director-Middle East, who will focus on further enhancing and developing the company’s energy and chemicals consulting business in the region.

“We selected Bahrain for this new office to serve the entire Gulf region because of its central location, proximity to major clients, and business-friendly environment,” said Hoar. “I am looking forward to working with existing energy and chemicals clients as well as meeting and working with new clients in this dynamic region.”

Nexant’s Energy and Chemicals Consulting business provides high-quality consulting services to the gas, downstream oil, clean energy, biofuels, chemicals, and fertilizer industries, as well as delivering its highly valued ChemSystems programs available through www.chemsystems.com.

The company’s extensive consulting capabilities include:

• Corporate strategy development
• Process and business benchmarking and optimization studies
• Mergers and acquisitions—industry adviser support
• Project planning and feasibility
• Technology evaluation/development assistance
• Market evaluations including addressable market appraisals
• Independent technical and commercial due diligence to support financial transactions
• National and regional master plans

For more information on Nexant's capabilities in the Middle East, please contact:

Graham Hoar

Email: ghoar@nexant.com

Nexant Limited.

P.O. Box 20705

Level 22, West Tower, Bahrain Financial Harbour

King Faisal Highway

Manama, Bahrain

Tel: +973 1750 2962

Fax: +973 1750 3030

About Nexant

Nexant, Inc. is a premier provider of software and consulting services for the next-generation intelligent grid and clean energy solutions. For the last decade, it has been developing and commercializing technology solutions—such as TrakSmart®, GridSmart®, HEDGE®, COMET®, and RevenueManager™—enabling utilities, power producers, and retailers to operate and deploy new technologies and applications in the emerging grid. Operating from 30 offices in the U.S., Europe, the Middle East, Asia, and Africa, the company's team of industry professionals has completed more than 2,500 client assignments in over 100 countries, and its software operates in over 120 control centers at utilities worldwide. Its clients include major utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies and Fortune 500 companies. For additional information, please visit www.nexant.com. Media Contact: Bob Burdett, +1 415 369 1114.

For media enquiries, please contact:

Nexant, Inc. Bob Burdett, +1 415-369-1114