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Hugo Stappers joins SoftSmiths as Director of Sales/Marketing

Houston, TX – October 9, 2001 – Today, SoftSmiths is pleased to announce the appointment of Hugo Stappers to serve as the company's Director of Sales/Marketing. SoftSmiths delivers critical e-Business solutions and services that enable the energy industry participants to enhance reliability and profitability in the competitive marketplace.

Before joining the SoftSmiths executive team, Hugo was with Houston-based RadiSys Corporation, where he served as Director of Sales Operations. Prior to that, he held a variety of positions at Texas Micro, including Sales Support Manager and Regional Sales Manager International. Additionally, during his career Hugo has held several sales-related positions at Oracle Corporation.

"Hugo brings over 15 years of high-tech sales experience with him to SoftSmiths. I am confident Hugo will hit the ground running...to help expand the company's current business opportunities with existing customers, and to explore future opportunities with targeted customers on a nationwide basis," said Nathan Sheik, CEO of SoftSmiths.

About SoftSmiths

SoftSmiths, Inc. is a Texas-based, privately held corporation. The company has been successfully delivering e-business solutions to energy-service companies since commencing commercial operations in January 1997.

SoftSmiths is a leading provider of business-critical Transaction Management Systems and services to the energy industry. SoftSmiths products are designed to address increased customer and transaction volumes, yielding increased operational efficiencies, thereby enabling our customers to profitably operate in the competitive marketplace.

SoftSmiths' highly differentiated position in the market is a result of its in-depth knowledge of the industry’s business practices, having the broadest product development strategy and using its intellectual property and consulting service to meet customers’ competitive business requirements.

SoftSmiths is a registered trademark of SoftSmiths, Inc. All other products are trademarks or registered trademarks of their respective companies.

For more information, contact SoftSmiths by sending e-mail to mkt@softsmiths.com, visiting the web site at http://www.softsmiths.com, or calling 713-626-9184.



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