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SoftSmiths Announces SoftSmiths-ERCOT Forecaster for Retail Electric Providers

Houston, TX. – February 26, 2009 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced the release of SoftSmiths ERCOT Forecaster, an on-line Software as a Service application that provides energy forecasters at a Retail Electric Provider (REP) with a means to see their load forecasts, analyze and compare ERCOT forecast, backcast and settlement data, and thereby enable them to make informed business decisions.

SoftSmiths ERCOT Forecaster downloads ERCOT-supplied load forecasts and backcasts for retail customer profiles and calculates zonal and total load forecast and backcast values based on the REP’s actual or estimated customer profile counts. In addition, REPs can define “what-if” customer profile counts in order to examine their load forecasts and backcasts under different customer profile configurations. SoftSmiths ERCOT Forecaster provides a segment management ‘wizard’ for easy adding or removing of customer profiles.

The forecast and backcast data is displayed in user-friendly browser-based displays in both tabular and chart forms. The Data is grouped by type, and identified by profile name components, including where applicable, Weather Zone and Customer Profile. Data can be exported to the windows clipboard for import into Microsoft Excel.

“Forecasting provides a REP the foundation for daily operations, market planning, and risk management,” said Hugo Stappers, Director of Sales & Marketing at SoftSmiths, Inc. “SoftSmiths ERCOT Forecaster is an affordable and easy-to-use solution that will help REPs of any size to navigate the competitive ERCOT retail market”.

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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