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Powerex Selects SoftSmiths

Houston, TX. March 29, 2006 –  SoftSmiths, Inc., a leader in energy transaction management solutions, today announced that Powerex Corp has selected SoftSmiths e-Agent and e-Approval services to provide a NERC compliant Tagging solution. Powerex Corp. is the wholly-owned power marketing subsidiary of BC Hydro, Canada's third largest electric utility. Established in 1988, Powerex has grown to be a leading marketer of wholesale energy products and services in western Canada and the western United States, and a growing niche player in other markets in North America.

"Powerex is a major power marketing and trading company", said Hugo Stappers, Director of Sales and Marketing at SoftSmiths. "We are pleased the company has selected SoftSmiths software to help their operations". 

Market participants recognize that SoftSmiths NERC compliant E-Tagging solutions offer a better operational fit, enhanced ease of use, more seamless integration capabilities, and better customer services and support.

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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