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SoftSmiths V247 Power Moves Energy Supply Management to SoftSmiths Cloud

Houston, TX. – October 1, 2013 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced V247 Power Corporation selected SoftSmiths TMS applications to manage its energy supply management

V247 Power, is a privately owned, full-service Retail Electricity Provider and serving a growing number of residential and commercial customers. Its business Strategy is to use the most advance technology available to its maximum potential in order to better serve its customers.

"In order to get us to the next level, V247 Power recognized it needed a more robust solution with enhanced granularity and position management functionality that is intuitive for the user to operate and could be deployed effortlessly," said Amir Khan, COO at V247 Power Corporation. "SoftSmiths delivers exactly that and came with a great reputation."

V247 Power is taking advantage of The SoftSmiths Cloud which provides load serving entities, marketers, and generators a true cloud-based environment with easy access to innovative and trusted energy business applications. In addition to avoiding the cost of hardware and supporting software, this Software-as-a-Service delivery model helped V247 Power to simplify implementation with a faster time-to-value.

"With SoftSmiths TMS, V247 Power gains an integrated, scalable and user-friendly solution that will grow with its business," said Hugo Stappers, Director of Sales & Marketing at SoftSmiths. "A unified SoftSmiths Load Forecasting and Position Management system helps increase productivity for V247 Power hedging staff and provides the insight they need to operate efficiently with the information at their finger tips, delivered in the cloud."


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 applications process more than 75 billion kilowatt hours per year for its clients in North America. 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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