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SoftSmiths Named in the Magic Quadrant for ETRM Market by Leading Analyst Firm

Houston, TX. – March 24, 2011 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that it was included in the “Magic Quadrant for Energy Trading and Risk Management” published March 18, 2011 by Keith Harrison and David Furlonger of Gartner, Inc.

Energy trading and risk management platforms provide energy market participants with a means of optimizing the physical and financial positions of multiple commodities. This Magic Quadrant analyzes the leading providers of these platforms.

SoftSmiths, Inc is an industry pioneer of energy transaction management solutions and services for power and gas utilities, generators, transmission providers and Retail Electric Providers. SoftSmiths’ seamlessly integrated TMS platform helps asset-centric companies with a focus on physical transactions to automate their processes around forecasting, resource management & planning, position management & trading, scheduling, ISO/RTO communication, and accounting. SoftSmiths’ proven solutions and in-depth knowledge of the industry’s business practices allow our customers to sell, purchase, trade, and deliver energy in the most efficient and cost-effective way.

About the Magic Quardant

The Magic Quadrant is copyrighted March 18, 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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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