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Distributed: Feb 8, 2010

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Sydney, Feb 8, 2010 (ABN Newswire) - AUDIO: Australian Power and Gas (ASX:APK) CEO James Myatt is interviewed by Brian Carlton. With a rapidly expanding customer base in Victoria, APK sees potential for exponential expansion in the residential energy supply market.

- Exceeded 120,000 retail energy customers
- Forecast revenues for the current financial year at A$135 Million
- Wholesale Energy Supply Contracts
- Customers, Revenues and Cash flows
- Rapid growth since acquiring first customer in 2007
- Integrating "best practice" with competent human resources strategy
- Low cost passed on to customers
- Channel Strategies and Core Advantages
- Direct selling through Cobra Group, APK's Exclusive Strategic Sales Partner
- Price Stability in volatile supply market
- Uptake on a range of "Green" electricity products
- Fully licensed to operate in other states outside of Victoria
- Targeted Entry Plan for New South Wales and Queensland in 2010
- 6-8 Weeks Rollout Capability into new markets
- 4,000 new domestic accounts added each month
- Exponential Growth Potential with the business in similiar size energy markets outside of Victoria
- Investors can expect the company to deliver on forecast, with all previous forecasts and targets met
- James Myatt appointed Chairman of the Energy Retailers Association of Australia

Listen to CEO James Myatt with Brian Carlton here:
http://www.abnnewswire.net/multimedia/en/62234/Australian-Power-Gas


About Australian Power And Gas Company Limited

Australian Power & Gas Company Ltd (ASX:APK) holds a full suite of gas and electricity retail licences in Victoria, New South Wales, ACT, South Australia and Queensland and has been approved to operate by AEMO, the Australian Energy Market Operator. Australian Power & Gas was announced as the fastest starting company in the Business Review Weekly Annual Fast Starters List in 2010 and 2011, and was placed number 1 on the Business Review Weekly Fast100 list for 2010.

Contact

James Myatt
CEO

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