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SoftSmiths Collaborates with Deloitte & Touche to Deliver ETRM Solution

Houston, TX. – July 10, 2007 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced a collaboration with Deloitte & Touche LLP to implement SoftSmiths' Energy Trading Risk Management systems (ETRMS) at Anaheim Public Utilities. Deloitte was selected by Anaheim to assist in the project management of the implementation and integration of the SoftSmiths Power and SoftSmiths Market-CAISO systems which Anaheim recently selected to replace existing systems for power and gas trading, electronic scheduling, settlement of bilateral trades and interface with the California ISO.

As SoftSmiths is implementing the software applications, Deloitte is working with Anaheim personnel to provide technical advice, develop test plans, document new processes and procedures, manage cutover, monitor project progress, as well as services related to the Market Redesign Technology Upgrade (MRTU) on the part of the California Independent System Operator (CAISO).

The seamlessly integrated SoftSmiths Power and SoftSmiths Market-CAISO solution provides CAISO market participants front-to-back energy transaction management functionality, including Load Forecasting, Resource & Portfolio Management, Real-time and Term Trading, Scheduling, NERC Electronic Tagging, Financial Settlement, Invoicing, Payment Tracking and Reporting. SoftSmiths Power/SoftSmiths Market provides multi-participant functionality to support Scheduling Coordinators who act on behalf other CAISO participants.

Clients collaborate with Deloitte to increase the value realized through their ETRMS implementations. They benefit from Deloitte's deep and proven industry insights and their practical and innovative approaches to meeting their Customer Management objectives.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

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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