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SoftSmiths' Announces SoftSmiths e-Link Exchange API

Houston, TX. – November 10, 2007 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced the release of SoftSmiths e-Link Exchange, an add-on Application Programming Interface (API) providing the ability to automatically populate exchange trades details directly into SoftSmiths’ end-to-end Power and Gas transaction management suites.

SoftSmiths e-Link Exchange seamlessly connects to exchanges, such as the Inter Continental Exchange (ICE), thereby delivering straight-through-processing from exchange trade execution to scheduling and settlement. This means that a deal is entered into the system, scheduled and / or booked out, checked out, and settled as a single object, with a single audit trail documenting all actions taken on it.

SoftSmiths Power/Gas system provides an integrated front-to-back transaction management solution with the ability to manage physical and financial energy transactions, and is capable of supporting standard business processes of power and gas trading, economical & reliability resource analysis (load and resource balance), credit exposure, contract administration, scheduling, OASIS reservations, NERC tagging, checkout, invoicing, risk measurement and reporting. The system provides a single point of entry for deal capture, as well as automates and streamlines aforementioned processes

SoftSmiths e-Link Exchange API is used in production by SoftSmiths customers and achieved API certification before deployment.

About SoftSmiths

SoftSmiths, Inc. delivers critical electronic energy trading and operations solutions and services that enable energy industry participants to enhance profitability and reliability in the competitive marketplace. 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. 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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