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SoftSmiths successfully tests against latest MISO qualification test package

Houston, TX. – October 13, 2003 – Today, SoftSmiths announced that it successfully passed both the security and the XML data exchange tests based on the MidWest Independent System Operator's (MISO) latest qualification testing package that was published on October 8, 2003. SoftSmiths delivers critical e-Business solutions and services that enable energy industry participants to enhance profitability and reliability in the competitive marketplace.

Delivering solutions for the Midwest Market Initiative (MMI), SoftSmiths has conducted extensive testing with its Markets application ensuring and verifying that Market Participants can securely exchange data with the MISO Market prior to market trials in November of this year. The market trials will be done under simulated market conditions in a manner that is consistent with the MISO market protocols.

SoftSmiths Markets Product Suite, enables market participants, through a single application solution, to connect and communicate transaction requests from the transaction management system to any number of markets based on the standard market design model. Markets provides the functionality for Bidding, Scheduling, Dispatch, FTR tracking and Settlement activities between market participants and market operators.

About SoftSmiths

SoftSmiths is a leading provider of proven business critical Transaction Management Systems and services for Load Serving Entities, Generation Production Entities, Purchasing Selling Entities, and Transmission Providers who operate in physical markets to sell, purchase, trade, and deliver energy in the most efficient and cost- effective way. SoftSmiths’ seamlessly integrated, scalable, and adaptable solutions provide ready-to-deploy, out-of-the-box functionality that is highly configurable and customizable to meet companies' unique needs. 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.

Contact Information:

Softsmiths Inc.
Hugo Stappers
Phone:    713.626.9184
Fax:          713.626.0186

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