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SoftSmiths Electronic Tagging Supports FERC Order 771

Houston, TX. – March 5, 2013 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that it is deploying changes to the SoftSmiths Electronic Tagging application to support its customers in complying with FERC Order 771.

FERC Order 771 includes requirements for Purchasing/Selling Entities (PSEs) and Balancing Authorities (BAs) to include FERC on e-Tags within the CC list. The compliance date for this Order is March 15, 2013.

SoftSmiths Electronic Tagging and e-Link applications provide energy organizations with the industry leading solution for a seamlessly integrated NAESB compliant Tagging application with either homegrown or third-party supplied scheduling systems.

The changes include a user-configurable setting to include FERC in the CC list for tags authored by the PSE. This setting is enabled by default. As a result FERC will be automatically added into the CC list when creating a new e-Tag, when creating a new e-Tag using a Tag Template, when copying an e-Tag to create a new e-Tag, when modifying a Delayed e-Tag, and when creating an e-Tag using SoftSmiths e-Link API

SoftSmiths will turn on the processing to support FERC Order 771 on March 15, 2013.

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 http://www.softsmiths.com.

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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