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Grant County PUD Takes Delivery of SoftSmiths’ e-Merchant core system

Houston, TX. – November 1, 2003 – SoftSmiths, Inc. announced today that Grant County Public Utility District took delivery of its e-Merchant’s core system, a real-time Energy Transaction Management system. The Grant County Public Utility District (GCPUD), located in Central Washington, is a municipal corporation of the state of Washington, and a major generating utility and Control Area Operator in the Mid-Columbia region.

GCPUD selected SoftSmiths e-Merchant Product Suite to implement a Transactional Energy Scheduling System to replace an array of Excel spreadsheets and loosely integrated Access databases and deploy a comprehensive scheduling system that provides seamless integration from origination through settlement.

“e-Merchant provides GCPUD a world-class, highly integrated system for Energy Transaction Management and Accounting, enabling its goals of automating manual processes and eliminating redundant data entry, attain company wide visibility and control, in real-time, and exploit cost savings while mitigating risks”, said Hugo Stappers, Director of Sales/Marketing at SoftSmiths.

e-Merchant seamlessly integrates forecasting, trading, portfolio assessment, resource management, scheduling, electronic tagging, risk management, accounting and reporting to eliminate data errors, reduces settlement time and optimize our customer’s positions.

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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