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SoftSmiths Adds Another Data Center

Houston, TX. – May 8, 2013 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced the addition of another data center in support of its innovative cloud-based Software-as-a-Service (SaaS) energy transaction management, scheduling and settlement applications.

SaaS as a category is overtaking traditional software because it is fundamentally a better business model for the customer and the vendor. The SoftSmiths Cloud provides a web-based environment that helps customers to simplify implementation, accelerate time-to-market and gain ongoing business efficiencies, while requiring minimal IT support.

The additional data center allows SoftSmiths to meet the services demands of its growing SaaS customer base as well as extend the capacity, redundancy and scalability of its infrastructure.

While SoftSmiths has always provided deployment options to its customers, there is now a strong interest to transition to The SoftSmiths Cloud. There is no software to install, and no hardware or maintenance fees to justify. Only a browser is needed (e.g. Internet Explorer) without any run-away system costs for licenses and implementation. Already, over 25% of the Retail Electric Providers in Texas utilize SoftSmiths TMS in the cloud to manage their supply management operations.

“SoftSmiths’ cloud based solution was the right fit and provided us with the right options in a timely and cost effective manner to meet our growing needs”, said Suresh Guddanti, CIO at Frontier Utilities.

“Load Serving Entities, Marketers and Generators recognize the innovation, time-to-value and ease-of-use that SoftSmiths TMS delivers with cloud-based applications,” said Nathan Sheik, CEO at SoftSmiths. “They are realizing that this is the era of the cloud computing, and SoftSmiths gives them the ability to harness the power of the cloud-based solutions to better their companies and increase the shareholder value.”

About SoftSmiths

SoftSmiths, Inc. is a leader in enterprise-class, Software-as-a-Service (SaaS) solutions for energy businesses, combining a lower cost of ownership with an innovative approach to business applications. SoftSmiths delivers energy trading, operations, and settlement solutions designed for today's energy marketing and load serving organizations and the way they conduct their business. Delivered in the cloud leveraging a modern technology platform, SoftSmiths offers a fresh alternative to legacy ETRM systems. Visit us at http://www.softsmiths.com.

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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