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APNA Energy Selects SoftSmiths

Houston, TX. – June 5, 2009 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that APNA Energy, a Retail Electric Provider (REP) serving residential and business customers in Texas, selected SoftSmiths ERCOT Forecaster, a Software-as-a-Services (SaaS) forecasting application for ERCOT REPs.

The SoftSmiths ERCOT Forecaster will help APNA Energy to manage their forecast process more effectively, spend less time on data analysis and administration, thereby improving daily operations, market planning, and risk management. 

Based on SoftSmiths’ proven SoftSmiths Market-ERCOT platform, SoftSmiths ERCOT Forecaster is an easy-to-use Software-as-a-Services (SaaS) forecasting application that enables REPs to automatically download and present ERCOT Forecast and Backcast information in user-ready format. Users can compare Forecast and Backcast data with settlement level load extracts. SoftSmiths ERCOT Forecaster allows users to set up ‘What If’ scenarios based on different client profile counts and export data into Microsoft Excel for additional analysis.

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.

"We are very pleased to have been selected by APNA Energy to use our on-line ERCOT Forecaster application service”, said Hugo Stappers, Director of Sales and Marketing at SoftSmiths, Inc. “The rapid adoption of this new product highlights SoftSmiths' focus on delivering innovative technology that meets the business requirements of its customers.”

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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