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Midland Cogeneration Venture Selects SoftSmiths

Houston, TX. – December 9, 2009 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that Midland Cogeneration Venture (MCV) will use the SoftSmiths Market-MISO application to support dispatch operations in the Midwest ISO (MISO). MCV is one of the largest gas fired cogeneration projects in the United States. The facility is capable of producing up to 1,560 megawatts of electricity.

The SoftSmiths Markets application suite delivers the functionality for bids/offers, scheduling, and settlement activities to enable ISO market participants to submit plans, offer generation, schedule energy, and manage settlements.

SoftSmiths’ solution interfaces with both MISO and MCV’s internal systems to receive dispatch instructions by using SoftSmiths e-Link Application Programming Interface (API).

MCV’s electrical capacity represents approximately 10% of the power consumption for Michigan’s lower peninsula. The majority of MCV’s generation capacity is sold under a long term power purchase agreement with Consumers Energy Company (Consumers PPA), Michigan’s second largest electric and gas regulated utility that provides electric service to 1.8 million customers. Additionally, MCV sells steam and electricity to The Dow Chemical Company and steam to Dow Corning Corporation.

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


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