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Madison Gas and Electric Selects PowerPlan Asset Accounting Suite

Atlanta, GA (May 11, 2012) Madison Gas and Electric has licensed the fully integrated PowerPlan suite of software solutions including Asset Accounting, Project Management, ARO, Tax Provision and Charge Repository. By eliminating costly software customizations, manual processes, and spreadsheets, this new suite optimizes MGE's financial performance by creating a culture of cost management while lowering compliance and audit risks.

About Madison Gas and Electric (MGE)
Madison Gas and Electric (MGE) generates and distributes electricity to 139,000 customers in Dane County, Wis., and purchases and distributes natural gas to 144,000 customers in seven south-central and western Wisconsin counties. MGE's parent company is MGE Energy, Inc. (Nasdaq: MGEE). The company's roots in the Madison area date back more than 150 years

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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