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Leading Analyst Firm Places SoftSmiths in Magic Quadrant for ETRM

Houston, TX. – April 3, 2009 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that Gartner included SoftSmiths in its Magic Quadrant for Energy Trading and Risk Management (ETRM) Platforms.

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

SoftSmiths Power/Gas and SoftSmiths Markets provide a suite of Energy Transaction Management applications for utilities who operate in physical markets to sell, purchase, trade, and deliver energy in the most efficient and cost-effective way.

Gartner recognized SoftSmiths' strong solution offering for asset-centric companies with a focus on physical transactions, its industry leading logistics functionality with Scheduling, Transmission Reservation and NERC Compliant Tagging, combined with good integration capability and deep knowledge of North American Markets.

Based on Service-Oriented Architecture (SOA), SoftSmiths Power is a seamlessly integrated front-to-back energy transaction management solution for Load Serving Entities and Purchasing/Selling entities. It provides functionality such as Load Forecasting, Resource & Portfolio Management, Real-time and Term Trading, Multi-Commodity Deal Capture, Net Position and "What-If" Impact Analysis, Volume and Mark-to-Market reporting, P&L reporting, Scheduling, Transmission Reservation and NERC compliant E-Tagging, Financial Settlement, Invoicing, Payment Tracking and Reporting.

The SoftSmiths Markets system interfaces with RTO/ISOs and delivers the functionality for bidding, scheduling, and settlement activities.

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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