Proprietary Technology :

• JIMMI's patented technology (New Zealand Patent No. 528467, Australian patent No XXX, US patent No YYYY) involves the creation of a series of forward price curves, which can be optimized against forward load curves input by web-based potential customers. The result is a profit or utility-maximizing means of establishing a price and contract between a buyer and a seller. The objective function can be set accordingly.
  
  
• The difference between JIMMI and a reverse auction is that in our system, offers rather than load, comes first (ex ante). Customers themselves input their forward load profiles and drive the optimization process, subject to constraints on the objective function from any of suppliers, third party channel partners, or themselves.
  
  
• This functionality allows suppliers to ‘externalize’ the process they currently use internally to price blocks of load. Externalization means customers can drive the transaction themselves, right from price-setting and contract establishment. The JIMMI intellectual property is a key to enabling true customer self-service.
  
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