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SoftSmiths E-Tag Portal achieves milestone of 2 million tag messages; now ready for E-Tag 1.7

Houston, TX. – November 13, 2001 – Today, SoftSmiths announced that one of its customers, Bonneville Power Administration, reached a milestone of 2 million tag messages involving approximately 400,000 tags. SoftSmiths delivers critical e-Business solutions and services that enable the energy industry participants to enhance profitability and reliability in the competitive marketplace.

Building on a history of outstanding performance, this result demonstrates the reliability of the Electronic Tagging Portal Suite (ETPS), which 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.

"SoftSmiths’ ETPS provides us with an incredibly powerful and robust platform that will scale to accommodate our rapidly expanding transaction volume," said Bob Ellingwood, Project Manager at Bonneville Power Administration. "We needed a tool that could perform well under extremely heavy e-tagging transaction loads without sacrificing the end-user experience."

In a related announcement, SoftSmiths is pleased to report its readiness for E-Tag 1.7 and has conducted extensive interoperability testing with other vendors, providing a test environment that has been available 24x7 since the beginning of the test period. With the new implementation date of March 6, 2002 only 4 months away, SoftSmiths is ready to assist its customers with their transition. For customers that are looking for a seamlessly integrated end-to-end solution, E-Tag is also available with our e-Merchant and e-Wheel product suites.

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 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.

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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