For Immediate Release
For Immediate ReleaseDecember 29, 1999
Pepco is Y2K Ready.
Even so, to be prepared for any eventuality, more than half of Pepco`s 3,700 employees will be working on New Year`s Eve for the Y2K rollover. A normal holiday weekend requires only a skeleton crew. Here`s the picture this year:
The company spent five years and more than $12 million to identify, assess, correct and test all operations and systems that might be vulnerable to a Y2K problem. The company also broadened its contingency plans to quickly resolve potential problems that could be related to the Y2K rollover. In June 1999, Pepco declared all its mission-critical systems as Y2K ready. Readiness actions include:
Pepco (NYSE: POM) is an investor-owned utility that provides electricity in Washington, D.C., and the Maryland suburbs. Through its family of unregulated subsidiaries, Pepco also offers electric energy, natural gas, high-speed Internet access, local and long-distance telephone, cable television and energy management services in the mid-Atlantic region.
Point of Contact:Nancy Moses