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DTE Selects the PowerPlan Suite to Manage its Asset Accounting and Tax Requirements

Atlanta, GA (April 26, 2013) DTE Energy, which already uses the PowerTax Solution, has decided to move forward with implementing a number of other PowerPlan solutions to round out their suite. They will now utilize PowerPlan’s Asset Accounting, CR, Depreciation Studies, Lessee Accounting and Property Tax modules. In addition, they have chosen to implement with the PowerPlan Maximo and SAP adapters which will smooth the implementation and improve the flow of data. The added solutions are expected to provide a number of financial benefits which include increased retirements and cost of removal, increased tax savings and reduced operational and audit risk. 

About DTE Energy:
DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.1 million customers in Southeastern Michiganand a natural gas utility serving 1.2 million customers in Michigan.  The DTE Energy portfolio also includes non-utility energy businesses focused on power and industrial projects and energy trading.  Information about DTE Energy is available at dteenergy.com,twitter.com/dte_energy and facebook.com/dteenergy.

About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit www.powerplan.com.

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For more information contact:
Tiffany Smith
678.223.2711
pr@powerplan.com

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