Vancouver, BC, July 14, 2008 - ZE PowerGroup is pleased to announce it has received a non-refundable contribution from the National Research Council Canada Industrial Research Assistance Program (NRC-IRAP). Proud of its long-time relationship with NRC-IRAP, ZE PowerGroup views the upcoming project as a mechanism for continued enhancement in cutting-edge research and economic growth within Canada.

ZE PowerGroup's research initiative will focus on the development of software solutions in the field of asset management within the power industry. Based on the successful ZEMA Suite software products, and analysis of asset management organizational structure in major utilities, ZE PowerGroup seeks to develop an integrated system portal that allows for the most effective collection, extraction, analysis, reporting and distribution of data from an asset management perspective.

The project will establish the feasibility of including asset related economic, financial, accounting, and other data types within the ZE Data Manager and ZE Data Analyzer; and will identify the most usable analytical functions and core asset management reports for inclusion in the integrated system. A seamless link to the asset data via ZE Data Direct and ZE Dashboard will also be established. With a strong background in software development for the energy industry and a continued commitment to advanced research and development, ZE PowerGroup has high hopes for the success of the project.



About ZE PowerGroup Inc.
ZE PowerGroup (www.ze.com) is an experienced software and strategic consulting firm that combines energy industry expertise with advanced software development capability. ZE PowerGroup possesses deep industry knowledge and comprehensive operational experience. ZE PowerGroup's software products are built by experts to meet the specific challenges faced by energy industry participants.

Contact:
Aiman El-Ramly
EVP Strategic Planning and Business Development
ZE PowerGroup Inc.
Aiman@ze.com
Phone: (604) 244-1654
Fax: (604) 244-1675