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Anaheim Public Utilities streamlines California ISO Settlement using SoftSmiths Markets-CAISO 

SoftSmiths' intuitive data management capabilities key to Anaheim's market participation  

Houston, TX. – February 23, 2006  – SoftSmiths, Inc. today announced that  City of Anaheim Public Utilities, one of the top 25 US Public Utilities ranked by customers served per the American Public Power Association, will use SoftSmiths Markets-CAISO for its settlements operations with the California Independent System Operator (Cal-ISO). Anaheim Public Utilities required readily available data presentation in a user-friendly way, enabling different users in the organization to easily review and validate settlement information, and helping to more efficiently handle Cal-ISO’s complex settlement process

“We are very impressed with the SoftSmiths Markets-CAISO settlement solution and the Cal-ISO knowledge of SoftSmiths’ staff,” said Graham Bowen, Principal Integrated Resource Planning at Anaheim Public Utilities. “Compared to our previous process, SoftSmiths eliminated 5 to 10 steps to see the data and now allows us to see this in one snapshot, added Emily Winkelman, Settlement manager at Anaheim. In addition, the system can be used for predictive analysis to assess the implications of our bidding strategy on our settlements.”

Faced with complex settlement charge types and large of amounts of data, Cal-ISO market participants can use SoftSmiths Markets-CAISO to reduce time-consuming and resource intensive processing of settlement information. Based on its proven technology platform, SoftSmiths Markets-CAISO offers an advanced settlement solution that is designed for:

·        Shadow settlement;   

·        Verification and reconciliation;  

·        Dispute management and analysis.  

“SoftSmiths Markets settlement has been very well received by the market place”, said Hugo Stappers, Director of Sales/Marketing. “Based on a Single Data Repository, it delivers what matters most to our customers: accuracy, automation, and confidence. We are delighted to welcome Anaheim Public Utilities as a user of SoftSmiths Markets-CAISO.”

About Anaheim Utilities

Anaheim Public Utilities, Orange County’s only publicly owned water and electric utility, has served Anaheim customers for more than 100 years. In 2004, Anaheim Public Utilities is celebrating its 125th anniversary of delivering high-quality water to the city’s homes and businesses. Founded in 1857, the City of Anaheim is one of the nation's premier municipalities and California's 10th most populous city. As the oldest and largest city in Orange County, Anaheim covers 50 square miles, with more than 340,000 residents.

About SoftSmiths

SoftSmiths is a leading provider of proven business critical Transaction Management Systems and services for Load Serving Entities, Generation Production Entities, Purchasing Selling Entities, and Transmission Providers who operate in physical markets to sell, purchase, trade, and deliver energy in the most efficient and cost- effective way. SoftSmiths’ seamlessly integrated, scalable, and adaptable solutions provide ready-to-deploy, out-of-the-box functionality that is highly configurable and customizable to meet companies' unique needs. 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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