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SoftSmiths Demonstrates at NWPP System Schedulers Meeting

Houston, TX. – October 23, 2002 – Today, SoftSmiths demonstrated its Electronic Tagging Product Suite at the NorthWest Power Pool System Schedulers Meeting in Portland, OR. SoftSmiths delivers critical e-Business solutions and services that enable energy industry participants to enhance profitability and reliability in the competitive marketplace.

In concert with SoftSmiths' ongoing efforts to promote collaboration and provide easy- to-use solutions to the energy industry, it accepted an invitation by the NWPP to participate in an in-depth presentation of tagging solutions used within the Northwest region and to give system schedulers a comparison opportunity aimed at improving interaction among regional market participants.

"SoftSmiths' demonstration was excellent and confirmed our believe that we have chosen the most user-friendly, intuitive and stable Electronic Tagging solution that was presented at the NWPP Scheduler's meeting," said Dorothy DeStio, Power Scheduler at Grant County Public Utility District.

The Electronic Tagging Portal Suite (ETPS) provides virtually limitless scalability and availability. ETPS includes three components - e-Agent, e-Authority and e-Approval - and enables all entities (Control Area Operators, Purchasing/Selling Entities, Transmission Providers, Load Serving Entities, and Generation Producers) involved in energy delivery transactions to create, verify, approve and manage transactions electronically using the internet as its platform. The ETPS software not only supports integration with SoftSmiths' e-Merchant and e-Wheel transaction and scheduling systems, including automatic tag creation, but also provides tight integration with legacy back-office systems."

"The NWPP meeting gave us not only an opportunity to demonstrate SofSmiths' Electronic Tagging solution but also a unique chance to hear directly from the minds of the Schedulers community", said Larry Stone, Director of Engineering at SoftSmiths. "Our participation underscores our ongoing commitment to our customers and industry participants to provide solutions that exactly meet their requirements".

About SoftSmiths

SoftSmiths is a leading provider of proven business critical Transaction Management Systems and services to the energy industry. SoftSmiths' seamlessly integrated and scalable products are designed to address increased customer and transaction volumes and yield increased operational efficiencies, thereby enabling its 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 its customer’s competitive business requirements. 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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