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SoftSmiths Markets Successfully Performs Connectivity Testing for CAISO MRTU and ERCOT Nodal

Houston, TX. – February 20, 2007 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that its ISO/RTO market participant solution SoftSmiths Markets, successfully passed connectivity testing for both the California ISO’s Market Redesign and Technology Upgrade (MRTU), as well as the ERCOT Nodal Market, respectively planned to go-live in January 2008, and December 2009.

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

For CAISO MRTU, SoftSmiths completed testing of the Rules Validation Connectivity simulation in November and December 2006, and following this month’s successful Enhanced Rules & Connectivity – Inter SC Trades test, is now ready for the Business Structure Simulation scheduled for May this year.

With the ERCOT Nodal project recently kicked-off system interface testing as part of its Early Delivery System phase 1, SoftSmiths participated in the sandbox testing, and successfully completed the test cycle, communicating with the ERCOT servers.

SoftSmiths Markets is based on a next-generation, service oriented architecture, which allows to quickly respond to on-going market changes, while significantly reducing cost and complexity. Leveraging this highly flexible platform, the MRTU and ERCOT Nodal mandated changes are being incorporated into the product as the market operators finalize their specifications.

SoftSmiths is an actively works with the technical teams that are designing the interfaces by participating in the System Interface user’s group of both the California ISO MRTU and ERCOT Nodal projects.

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.

Contact Information:

SoftSmiths Inc.
Hugo Stappers
Phone:    713.626.9184
Fax:          713.626.0186

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