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dPi Energy Selects SoftSmiths TMS for ERCOT Nodal Operations

Houston, TX. – January 18, 2011 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that dPi Energy, a retail electric provider (REP) serving all deregulated electricity areas in Texas, selected a full suite of SoftSmiths TMS applications to manage load forecasting, trading, and settlement in the ERCOT Nodal market.

Based in Carrollton, Texas, dPi Energy is the state’s largest PrePay electricity provider and one of the fastest growing retail electric providers in Texas. dPi Energy is a subsidiary of Amvensys.

"Given the highly competitive nature of the Texas electric retail market, especially in the new Nodal market, the time spent on data gathering, analysis and administration compels growing Retail Electric Providers to take new approaches and align their operations to increase automation of their business to mitigate the financial and operational risks, and simplify their IT infrastructures,” said Hugo Stappers, Director of Sales and Marketing at SoftSmiths, Inc. "dPi Energy's selection of SoftSmiths TMS is another illustration of REPs turning to SoftSmiths to automate their forecasting, trading and settlement processes.”

About SoftSmiths

SoftSmiths, Inc. is a leader in enterprise-class, Software-as-a-Service (SaaS) solutions for energy businesses, combining a lower cost of ownership with an innovative approach to business applications. SoftSmiths delivers energy trading, operations, and settlement solutions designed for today's energy marketing and load serving organizations and the way they conduct their business. Delivered in the cloud leveraging a modern technology platform, SoftSmiths offers a fresh alternative to legacy ETRM systems. Visit us at http://www.softsmiths.com.

SoftSmiths is a registered trademark of SoftSmiths, Inc. All other products are trademarks or registered trademarks of their respective companies.

Contact Information:

SoftSmiths Inc.
Hugo Stappers
Phone:    713.626.9184
Fax:          713.626.0186
Email:      mkt@softsmiths.com
Website:  www.softsmiths.com

 



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