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SoftSmiths Customers Successfully Pass Connectivity Testing for ERCOT Nodal 

Houston, TX. – January 28, 2010 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that its customers successfully re-qualified with ERCOT by passing the Nodal market participant XML data connectivity testing using SoftSmiths Market-ERCOT to communicate with the ERCOT servers.

To qualify, ERCOT Qualified Scheduling Entities (QSE) had to show their ability to submit, query, and cancel specified market transactions no later than January 28, 2010 to be ready to participate in the next phase of market trials. The Nodal Market is scheduled to go-live in December 2010.

The SoftSmiths Markets-ERCOT suite helps ERCOT Market Participants to automate the submission of energy schedules, bids and offers to ERCOT, performs a shadow settlement of ERCOT charges, and consolidates ERCOT market information in a single database.

SoftSmiths Markets is based on a next-generation, service oriented architecture, which allows to quickly responding to on-going market changes, while significantly reducing cost and complexity.

 SoftSmiths Market- ERCOT is also available through SoftSmiths’ Software-as-a-Services (SaaS) delivery model which provides an automated, web-based environment that helps customers to simplify implementation, accelerate time-to-market and gain ongoing processing efficiencies, while requiring minimal IT support.

About SoftSmiths

SoftSmiths, Inc. delivers critical electronic energy trading and operations solutions and services that enable energy industry participants to enhance profitability and reliability in the competitive marketplace. SoftSmiths' proven solutions and in-depth knowledge of the industry's business practices allow its customers to automate manual processes, eliminate redundancies, and increase business visibility across the enterprise to allow faster decision making and more informed decisions, thereby improving profitability, operational efficiencies and cash flow. The company has been successfully delivering e-business solutions to energy service companies since 1997.

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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