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Young Energy Selects SoftSmiths

Houston, TX. – April 13, 2010 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that Young Energy, a Texas Retail Electricity Provider based in Fort Worth, has selected SoftSmiths ERCOT Forecaster and SCR 727 ESIID Database application services.

The SoftSmiths ERCOT Forecaster is an easy-to-use Software-as-a-Services (SaaS) forecasting application for Retail Electric Providers.  The SCR 727 ESIID Database provides an on-line application service to store and maintain data that ERCOT periodically provides on the service history and electricity consumption of their customers.

SoftSmiths’ Software-as-a-Services (SaaS) delivery model provides an automated, web-based environment that helps customers to simplify implementation, accelerate time-to-market and gain ongoing processing efficiencies, while requiring minimal IT support.

“SoftSmiths’ compelling SaaS offering provides ERCOT Retail Electric Providers (REP) an affordable and easy-to-use suite of applications services”, said Hugo Stappers, Director of Sales and Marketing at SoftSmiths, Inc. “SaaS allows them to outsource standard business processes that are not unique or proprietary versus having to implement a complete application in house. As a result, REPs can focus on what matters most – the functionality needed to meet business objectives”.

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


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