Pricelock in the News

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Press
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05/13/2014

Pricelock named Red Herring 2014 Finalist

Pricelock has been named a Red Herring 2014 Finalist

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04/25/2014

Platts says "Pricelock is a great place for energy info junkies…"

Platts author Jeffrey Bair calls Pricelock "... a great place for energy info junkies."

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04/03/2014

Pricelock Launches New Free Service for Energy Q&A

REDWOOD CITY, California -- Pricelock, the most innovative platform for energy professionals to transact, network, recruit and search for jobs, today announced the launch of a new content community for energy professionals covering a wide range of topics from petroleum engineering, reservoir engineering to drilling and power generation. The service is designed to catalog energy-related questions and answers for professionals with a deep energy background. Anyone can join the dialog and contribute by asking questions, providing an answer or comment, and voting for the best answers. Topics range from detailed technical topics on engineering and drilling techniques, to tips and advice for those just entering the energy industry. 

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03/14/2014

Pricelock Successfully Completes Auction of Over 150 BCF of Natural Gas Worth in Excess of $650 Million

Pricelock, the most innovative platform for energy professionals to transact, network, recruit and search for jobs, announced that it had successfully completed an auction for over 150 BCF of baseload natural gas with a notional value in excess of $677 million. Ten suppliers, including some of the largest producers, investment banks and marketing companies, participated in the auction. The entire auction process took less than two hours. learn more >

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02/28/2014

Pricelock Announces Successful Auctions for Coal, Natural Gas and Gasoline in February

Power generators, utilities, marketers, and large gasoline retailers leveraged Pricelock’s auction platform to create liquidity and competitive pricing for natural gas, coal and gasoline transactions in the month of February. learn more >

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02/04/2014

Pricelock Unveils ‘Pulse’– A New Platform Featuring Unique Industry- Specific Content for the Energy Community

Pricelock launches Pulse, aggregating energy news, blogs and events for professionals in the oil, gas, coal, power, green energy, and transportation sectors. The platform features content on topics such as energy engineering, trading, markets and pricing, science and research, drilling, power generation and renewables. learn more >

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01/29/2014

Pricelock Expands Transaction Platform to Include Natural Gas Capacity

Pricelock announced completion of its first two successful natural gas capacity auctions. Both auctions were hosted by large, multi-state power and natural gas transmission companies selling excess pipeline capacity. All aspects of natural gas supply chain are now available for transactional activity on Pricelock’s platform. learn more >

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08/20/2013

Pricelock Connect is Off to a Fast Start Showing the Value of Business Networking Communities

Pricelock announces that Pricelock Connect is quickly growing a community of engaged energy and commodity professionals and is generating over 150 average views per listing just four weeks since launch. learn more >

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07/09/2013

Pricelock launches a free online community for energy professionals

Pricelock announces launch of Pricelock Connect, a community designed specifically for energy professionals to connect, transact, and post jobs. learn more >

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07/01/2013

Washington Gas Uses Pricelock to Complete Propane Auction

Washington Gas recently completed their first propane auction using Pricelock. Expanding our presence into NGLs demonstrates Pricelock.s ability to support an auction for any physical energy product. learn more >

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05/21/2013

Pricelock Named Winner of 2013 TiE50 "Top Startup"

Pricelock was named Winner of 2013 TiE50 “Top Startup” Award at TiEcon 2013, the world’s largest conference for entrepreneurs. Pricelock was one of six energy companies globally who won this honor and was selected from a field of 1,142 companies from 24 countries. learn more >

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05/07/2013

Pricelock Named TiE50 2013 Finalist

Pricelock was named a TiE50 2013 Finalist by TiE Silicon Valley, the organizer of TiEcon2013, the world.s largest conference for entrepreneurs. Pricelock was selected from a field of more than 1,100 companies from 22 countries with judging by a team of prominent entrepreneurs, venture capitalists, corporate executives and other domain experts. learn more >

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04/11/2013

Pricelock Completes Coal Auctions for American Electric Power

Pricelock’s real-time coal auction platform was used to purchase PRB and CAPP coal for two American Electric Power coal plants. learn more >

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03/22/2013

Pricelock Announces Successful Electric Power Auction for Sangamon County, IL

Pricelock announced the successful online auction to purchase over 180 million kWh of electricity for the Sangamon County Electric Aggregation Consortium. learn more >

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02/28/2013

Pricelock Announces $1 Billion in Energy Auctions for Q1 2013

Pricelock announced today that it has projected auctions for over $1 Billion of energy products including natural gas, distillates, coal, and railcar leases for the first quarter of 2013. learn more >

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01/23/2013

Pricelock Launches Partner Program for Energy Management and Consulting Firms

Pricelock launches Pricelock Partnership Program allowing energy managers and consultants to receive access to Pricelock.s energy transaction products and network of hundreds of suppliers, at no cost. learn more >

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12/12/2012

Pricelock Expands Energy Markets Focus with Sales Leadership Hiring

Pricelock announced today that Jeff Rosenzweig, Zach Scott and Tim Leigh have joined the Pricelock team to support the growth of Pricelock.s platform for transacting energy and energy-related products. learn more >

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11/28/2012

Pricelock Announces Launch of Anonymous Auctions

The addition of anonymous auctions will increase the situations when power generators, utilities, refiners, transportation companies, investment banks, marketers and large industrial and commercial enterprises can utilize Marketplace for circulating requests and RFPs, gathering bids, holding online auctions and analyzing results. learn more >

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10/29/2012

Pricelock Celebrates $1 Billion in Auctions

Pricelock announced today that it has held successful auctions for over $1 billion of energy and energy related products including natural gas, power, distillates, coal, natural gas storage and railcar leases. learn more >

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09/27/2012

Pricelock Continues Its Growth With the Addition of Natural Gas Storage

Pricelock, a leader in online energy auctions, announced today the addition of natural gas storage to Pricelock Marketplace, its platform to transact energy and energy-related products. learn more >

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07/19/2012

New Energy Purchasing Technologies Provide Transparency to Utility Regulators

The National Association of Regulatory Commissioners (NARUC) invites Pricelock.s Tripp Dunman to speak at its summer conference about how new technology allows the purchase of energy to be more efficient online. learn more >

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06/28/2012

Pricelock Adds Railcar Lease Auction Capabilities to its Award-Winning Auction Platform

Pricelock announced today the addition of railcar leases to Marketplace, its suite of energy and energy-related product auctions, and the completion of its first railcar lease auction. learn more >

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05/11/2012

How Companies Reap the Benefits of the Internet for Energy Procurement

Utilities and companies involved in the production, distribution and transmission of natural gas got the answer to a question they may often confront, when they attended Pricelock.s presentation at last week.s WEI Conference in Vancouver. learn more >

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03/30/2012

Platts Coal Trader Features Pricelock

Pricelock aims to become the premier platform on which physical coal is traded in the US. CEO Naveen Agarwal believes the real-time nature of Marketplace.s coal auctions offers a better means for energy users to obtain lower prices than the current closed-bid process. learn more >

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03/01/2012

Pricelock Marketplace Launches First Coal Online Auction Platform

Pricelock continues its momentum to transform the way energy is bought and sold by major companies around the world by launching the first online auction platform for coal. The platform simplifies and speeds up the complex, start-to-finish transaction process of buying and selling coal and creates an efficient and liquid market. learn more >

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02/21/2012

Pricelock Marketplace Launches First Mobile App for Energy Auction Platforms

Two of the largest global industries — technology and energy — come together today as Pricelock Marketplace launches the first mobile app available for energy auction platforms. learn more >

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02/07/2012

Former El Paso Electric CFO Scott Wilson Joins Pricelock

Pricelock has announced that electric utility executive Scott D. Wilson has joined its Advisory Board. Mr. Wilson, the former Chief Financial Officer of El Paso Electric Co. (NYSE:EE), will work closely with executive management and provide strategic guidance.
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12/13/2011

Pricelock and AAA Arizona Strategic Partnership

Pricelock has announced a strategic partnership with AAA Arizona, the Arizona affiliate of AAA. Under the agreement, AAA Arizona.s business partners will gain access to Pricelock.s Marketplace and Fuel Price Protection programs. These products will enable the auto club.s business partners to meet fuel price hedging and procurement needs through customized online auctions.
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12/01/2011

Forbes Names Pricelock One of America's Most Promising Companies

Pricelock has been selected as one of Forbes magazine’s Most Promising Companies after a rigorous evaluation of thousands of privately-held U.S. businesses. Forbes. list of America's Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital.
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11/14/2011

Pricelock Launches International Capabilities on Marketplace

Pricelock has announced new capabilities that enable global businesses to buy and sell ��fuel and natural gas throughout the world in their local currencies and trading units on the Pricelock Marketplace platform. Marketplace has generated substantial savings for energy buyers and sellers in the U.S. Now companies across the globe can benefit from the easy and fast online platform.
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10/25/2011

Pricelock Wins Energy Standard of Excellence WebAward

Pricelock has won the Web Marketing Association.s 2011 “Standard of Excellence” WebAward in the energy category. The WebAward underscores the innovative and engaging way the Pricelock site leverages technology to provide new solutions that are designed in close collaboration with its customers. Pricelock.com has established itself as a benchmark for online energy auctions and all aspects of the site are streamlined from the initial registration to the actual auction and the winning supplier awarding process.
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09/22/2011

Pricelock Expands Management Team With Key New Hire

Pricelock, the online leader in energy solutions for U.S. businesses, announced that Keith Richardson has joined the firm as Director of Supplier Network. Leveraging over two decades of proven success in the energy industry, Richardson will be responsible for developing supplier relationships for Marketplace, Pricelock.s customized, online energy-auction platform that allows companies to conduct fast-paced, real-time auctions for natural gas and motor fuels.
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09/12/2011

Pricelock Launches Online Natural Gas and Fuel Auction Platform

Pricelock Marketplace is the first customized, online energy-auction platform that allows companies to conduct fast-paced, real-time auctions for natural gas and motor fuels.The platform is designed to handle the specialized needs of utilities, electricity generators, government, commercial and industrial and other large buyers. These needs include large volumes, complex delivery requirements, and custom terms and conditions.
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08/23/2011

Pricelock.s Tripp Dunman provides gas price insights to San Francisco Chronicle

Tripp Dunman, Pricelock’s Managing Director, was featured in The San Francisco Chronicle’s “Libya conflict’s end unlikely to affect gas prices” article.
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08/09/2011

AAA Arizona Partners with Pricelock to Protect Fleet from Rising Fuel Prices

AAA Arizona, the Arizona affiliate of AAA, has recently partnered with Pricelock, the online leader in fuel hedging and fuel price protection programs for U.S. businesses, to help control fuel costs for the club.s towing services in Arizona.
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08/04/2011

Pricelock Launches Miles Ahead, Discount Gas Savings Program Helps Companies Recruit and Retain Employees

With Pricelock.s Miles Ahead gas incentive program, businesses can increase retention and recruit from a larger geographic area by decreasing the cost of gas for their employees. Miles Ahead is an ongoing program that employers can fully monitor, configure and change at their discretion at any time.
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07/22/2011

Landscaping Businesses Implement Fuel Price Protection

As landscaping companies across the United States seek ways to be more competitive and win more business, managing volatile fuel price risk may be the answer they need.
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07/15/2011

Volatile fuel prices are creating new opportunities . CFO Magazine

Smaller companies have new options. For example, web-based Pricelock allows companies to put a ceiling on their gas spend at nearly any volume and price level.
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07/12/2011

Pricelock's CEO, Naveen Agarwal, appears Automotive Digest's Follow the Leader Spotlight

Naveen Agarwal explains that Pricelock is a different kind of energy company — one that seeks to empower individuals and businesses to control and minimize their fuel and energy costs. In fact, their aim is to be the leader in the online energy space.
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07/07/2011

How to Leverage Fuel Price Protection Plans

Historically, most construction firms could not hedge their fuel costs due to small fuel budgets or no in-house expertise to participate in the fuel commodities market. However, recent technological advances and new services have leveled the playing field for construction fleets of all sizes.
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07/06/2011

What are some of the fuel budgeting strategies that really work for fleets?

Fuel price protection is not designed to be a savings tool. It is designed to give budget predictability. The best case scenario for businesses is that fuel prices remain low. If they don.t, you get predictability knowing that your cost will never exceed a specified price per gallon. If prices do exceed that, Pricelock sends you a monthly payout for the difference.
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06/27/2011

Drivers Catch a Break as Gasoline Prices Fall

Naveen Agarwal, who helps small businesses and car companies manage fuel costs as CEO of Pricelock, in Redwood City, Calif, said he expects drivers will travel farther distances this summer than originally planned. And they’ll spend as they go.
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05/25/2011

Pricelock to Offer Fuel Price Protection to Assurex Global Partners

Pricelock has formed an alliance with Assurex Global, the world.s largest network of independent insurance brokers,
to offer Pricelock’s innovative fuel price protection program to their clients.
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05/19/2011

Pricelock Names Naveen Agarwal as Chief Executive Officer

Agarwal will be leading the expansion of Pricelock.s innovative platform, which empowers small and medium-sized business to take control of their fuel costs in ways previously available only to America.s largest companies. Additionally, he is spearheading the development of new opportunities in the energy space. learn more >

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04/21/2011

Builders, Landscapers Use Pricelock to Hedge Fuel Like Southwest

Today Pricelock is trying to parlay its promotions with automakers into a broader business selling price protection to small and midsize companies that don.t buy enough fuel to hedge on their own. learn more >

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04/14/2011

GasBuddy Teams Up with Pricelock to Add Fuel-Price Protection Option for Businesses

GasBuddy has expanded its site to include Pricelock.s Fuel Price Protection and links to its easy-to-use interactive tools that help businesses understand how to manage the impact of rising gas prices on their business. learn more >

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04/07/2011

PHH Arval Partners with Pricelock to Provide Fuel Price Protection to Clients

PHH Arval has announced a strategic partnership with Pricelock Inc., the leading online provider of fuel-price hedging solutions, to provide fuel price protection to its clients. Effective immediately, PHH Arval can help fleet managers protect their organizations against unpredictable fuel prices and ensure budget predictability. learn more >

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04/01/2011

Pricelock finds a connection between gas prices and NCAA results

The relationship between gas prices and NCAA champs may provide you with a reason to cheer. Pricelock finds there’s a statistical correlation between NCAA winners and fuel prices. learn more >

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03/31/2011

Fuel hedging still not mainstream in Arkansas

Few companies, including those in Arkansas, are taking the step to hedge fuel prices to cap rising gasoline and diesel prices, according to an annual survey conducted by Automotive Fleet and Pricelock. Redwood, Calif.-based Pricelock has merited Wall Street.s attention by coming up with an unique online hedging program for small and medium-sized businesses that takes much of the speculative nature out of capping fuel prices. learn more >

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03/29/2011

Pricelock Is "One of the Hottest Silicon Valley Companies"

Pricelock, Inc. was selected by Lead411 as one of the hottest Silicon Valley Companies in 2011. Lead411 evaluated more than 4,000 companies to establish the list. Pricelock joins other Silicon Valley companies such as Facebook, eMeter, Inc. and Trilliant Incorporated. learn more >