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BP Alternative Energy Selects SoftSmiths Market-MISO

Houston, TX. – April 28, 2008 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that that BP Alternative Energy North America will use the SoftSmiths Market-MISO application to support dispatch operations in the Midwest ISO (MISO). BP’s combined-cycle gas cogeneration facility produces electricity to sell into the Midwest wholesale market and provides steam to BP refinery.

The SoftSmiths Markets application suite delivers the functionality for bids/offers, scheduling, and settlement activities to enable ISO market participants to submit plans, offer generation, schedule energy, and manage settlements.

SoftSmiths’ solution interfaces with both MISO and BP’s internal systems to receive dispatch instructions by using SoftSmiths e-Link Application Programming Interface (API).

BP Alternative Energy, launched in November 2005, combines all of BP’s interests in low and zero-carbon power generation: wind, solar, hydrogen power with carbon capture and storage, natural gas-fired power generation, biofuels for low carbon transport and distributed energy for emerging markets. BP Alternative Energy is one of the leading wind developers in the U.S. and has portfolios in Europe, Asia and Latin America. BP’s U.S. wind portfolio includes the opportunity to develop almost 100 projects with a potential total generating capacity of 15,000 MW.

"We welcome this new high profile customer to our family of SoftSmiths users", said Hugo Stappers, Director of Sales and Marketing at SoftSmiths. "The combined SoftSmiths Market-MISO and SoftSmiths e-Link solution provides a critical application to support BP Alternative Energy's participation in MISO and meet their operational requirements."

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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