News Release
Aug. 16, 2002

DUKE ENERGY RECEIVES CIO-100 AWARD FOR COMPUTER TECHNOLOGY

– Duke Energy has been named to the prestigious CIO-100 from CIO magazine. The 2002 CIO-100 award recognizes organizations around the world that excel in positive business performance through integrated processes and technologies.

 

"This honor is a reflection of the dedicated staff of technology professionals we have at Duke Energy,” said Cecil Smith, senior vice president and chief information officer. “A successful company in the energy industry demands top-notch information technology and management, and our staff has delivered that to Duke Energy.”

 

To provide a vision of ever-changing business trends, the focus of the CIO-100 changes each year. This year, CIO honors 100 companies that demonstrate integrated technologies and procedures to improve products, services and relationships with partners and clients.

 

"Now, more than ever, companies rely on integrated applications that freely share information," says Abbie Lundberg, editor in chief, CIO magazine, the publication for information technology professionals. "This year's CIO-100 award recipients are being honored because their companies developed an integrated enterprise to enhance their business, from improving relationships with customers to creating a seamless value chain."

 

Complete coverage of the 2002 CIO-100 is featured in the August 15 issue of CIO magazine and at www.cio.com.

 

The recipients of this year's CIO-100 were selected through a three-step process. First, companies filled out an online application form. In addition, CIO staff and members of its expert panel nominated companies they deemed best fit the award criteria. A team of CIO editors and writers reviewed the application forms and expert recommendations and voted on the final 100. The judging objectives were to recognize positive business performance through integrated technologies and procedures.

 

Duke Energy is a diversified multinational energy company with an integrated network of energy assets and expertise. The company manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses – meeting the energy needs of customers throughout North America and in key markets around the world. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

Contact: Randy Wheeless
Phone: 704/382-8379
24 Hour Phone: 704/382-8333
Email: crwheele@duke-energy.com