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QSE Services Deploys SoftSmiths TMS Software Platform for ERCOT

Houston, TX. – November 18, 2010 – SoftSmiths, Inc., a energy software solutions and services company, today announced that QSE Services Inc, a energy management service company has deployed SoftSmiths Market-ERCOT applications to support its scheduling and settlement transactions in the new Nodal market on behalf of several of their clients participating in the ERCOT market.

"With SoftSmiths Market-ERCOT we have the automation capability that is essential for participating in the new Nodal Market in Texas and therefore are in a better position to respond to market conditions, and have a better understanding of the results," said Tony Marsh, President/COO at QSE Services, Inc. "We chose SoftSmiths because they provide us an easy-to-use and flexible solution along with their support team to manage our customers' entry into the Nodal market without a complex and costly deployment to assist with our clients' business operations."

QSE Services, Inc., located in Cedar Park, Texas, provides services to startup and established wholesale and retail electric businesses in the ERCOT market who need a sensible, professional, and cost-effective management team to assist them with their day-to-day operations in the deregulated electricity market in Texas.

SoftSmiths Market-ERCOT manages the complexity of the market transactions and settlement calculations for Qualified Scheduling Entities with and without resources. The solution’s automated functions for scheduling, bidding, and settling generation and load reduce the chance of manual errors and are maintained to adapt to the constant changes in market rules and protocols.

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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