Lexington, MA — September 22, 2008 — AER Inc., leading experts in tropical prediction, released several enhancements to hCast-SR, their 5-day probabilistic hurricane forecast. The new enhancements provide energy traders, insurers and reinsurers additional tools for tracking and monitoring tropical events in the Atlantic basin.
hCast –SR is a 5-day probabilistic hurricane track and intensity forecast service that monitors tropical activity throughout the Atlantic Basin and Gulf of Mexico. Over 100 independent track forecasts are statistically interpreted to quantify landfalling hurricane risk along the East and Gulf coasts of the US.
“These additions to hCast -SR enhance an already robust forecast service. Our customers now have the ability to accurately track and obtain advanced notice with respect to potential areas of tropical development, providing them with more time to consider hedging options”, said Cecilia Sze, AER’s President and CEO.
Atmospheric and Environmental Research, Inc. (www.aer.com), established in 1977 and headquartered in Lexington, Massachusetts, is a Nobel prize winning environmental research, development, and consulting company. AER provides quantitative, probabilistic medium range, seasonal and hurricane forecasts, as well as, consultation to support trading and planning decisions in the energy and financial markets. AER scientists are recognized experts in climate, hurricane, emissions and weather forecasting. In addition to its headquarters in Lexington, MA, AER has offices in Omaha, NE, Norman, OK, Suffolk, VA, and San Francisco, CA.
Stephen Walker, +1 781-761-2312