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True Electric Selects SoftSmiths

Houston, TX. – May 29, 2009 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced the selection of their SoftSmiths ERCOT Forecaster application service by Texas Retail Electric Provider, True Electric. SoftSmiths ERCOT Forecaster was chosen by True Electric to automate their forecasting process while supporting their entry into the commercial market.

True Electric, headquartered in Houston, TX, is entering the Texas market as a new competitive retailer.  True Electric is owned by New Century Exploration, a Houston-based Independent energy company engaged in the development of oil and natural gas in Texas and Louisiana. True Electric targets commercial and retail companies as well as government entities,

The SoftSmiths ERCOT Forecaster is an easy-to-use Software-as-a-Services (SaaS) forecasting application for Retail Electric Providers (REPs). The service enables REPS to automatically download and present ERCOT Forecast and Backcast information in user-ready format and immediately calculates Forecast values for short and longer horizons. SoftSmiths ERCOT Forecaster provides energy forecasters the information they need at their finger-tips in an automated fashion.

“SoftSmiths is excited to welcome True Electric as our customer,” said Hugo Stappers, Director of Sales and Marketing at SoftSmiths. “We look forward working closely with True Electric to support their entry in the ERCOT competitive electricity market".

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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