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Alliance Power Company Chooses SoftSmiths

Houston, TX. – November 23, 2010 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that Alliance Power Company, a Retail Electric Provider serving all deregulated electricity areas in Texas, choose SoftSmiths TMS applications to manage load forecasting and settlement activities in the ERCOT market.

Based in Wichita Falls, Texas, Alliance Power Company provides electricity service to residential consumers, small-to-medium size businesses, municipalities, churches, shopping centers, office buildings, the oil and gas industry, government entities and more.

SoftSmiths ERCOT Forecaster provides a proven load-profile based forecast solution with rich selection capability to compare forecast, backcast and settlement data. The system provides ERCOT market participants settlement functionality to identify discrepancies in ERCOT’s charges and reduce reconciliation activities, including:

          •  Shadow Settlement Calculations
          •  Process ERCOT Settlement statements
          •  Drill-in Review and Comparison Functionality
          •  Dispute Creation
          •  Upload and Review ERCOT Invoice Statements
          •  Comparison with included ERCOT Settlement Statements
          •  Comparison with Included Shadow-Calculated Settlement Statements

To simplify implementation and accelerate time-to-value, Alliance Power benefits from SoftSmiths’ Software-as-a-Service (SaaS) delivery model providing on-going processing efficiencies, while requiring minimal IT support.

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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