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Cobalt Capital Partners Selects SoftSmiths TMS for CAISO

Houston, TX. – February 1, 2011 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that Cobalt Capital Partners V, LLC has selected SoftSmiths TMS for CAISO to support its wholesale power trading and settlement operations in the California ISO market.

Cobalt Capital Partners V, LLC, is a privately held provider of proprietary liquidity to financial and physical electricity markets in North America.

To be ready for participation in the new CAISO Convergence Bidding, Cobalt, took advantage of SoftSmiths’ Software-as-a-Service (SaaS) delivery model, a web-based environment that helps to simply implementation, accelerate time-to-market, and gain ongoing processing efficiencies, while requiring minimal IT support.

SoftSmiths TMS for CAISO provides California ISO market participants the bid/offer/schedule submission and settlement functionality to automatically submit trade information to CAISO and identify discrepancies in CAISO charges, thereby reducing reconciliation activities. With SoftSmiths e-Link Application Programming Interface (API), seamless integration with Energy Trading and Scheduling systems can be established.

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

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


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