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Energy Companies Turn to SoftSmiths for E-Tag Solutions

Houston, TX. – December 16, 2004 SoftSmiths, Inc., a leader in energy transaction management solutions, today announced continued recognition for its Electronic Tagging solutions. Energy companies are turning to SoftSmiths for NERC-compliant Electronic Tagging solutions, as they offer a better operational fit, enhanced ease of use, more seamless integration capabilities, and better customer services and support..

Companies that have recently started to receive the benefits of SoftSmiths Electronic Tagging solutions, include New Brunswick Power Generation Corp, and the City of Anaheim. After going live with an integrated SoftSmiths Tagging solution, Steve Chan, Generation Analyst at New Brunswick Power Generation Corp., commented “We are very satisfied with our decision to switch to SoftSmiths as our electronic tagging provider. The services provided thus far have exceeded our expectations".

SoftSmiths’ Electronic Tagging customers enjoy a system that has demonstrated 99.8% uptime even while processing very heavy message volumes over 75,000 tagging messages and 1,500 e-Tags daily. Since the start of E-Tag 1.7 in April 2002, SoftSmiths systems have successfully processed over 25 million tagging messages. In addition, SoftSmiths still provides a test environment that is available 24x7.

SoftSmiths Electronic Tagging is available for on-site deployment or remote hosting by SoftSmiths. With the introduction of SoftSmiths Market Portal™ this year, the remotely hosted versions of the Electronic Tagging applications are now delivered with enhanced functionality, and superior usability and presentation.

SoftSmiths Market Portal enables multiple applications, such as E-Tag, Load Forecasting, and Transmission Reservation and Inventory Management, to be accessed with just a single login. Together these products represent the new standard for delivering on-demand applications for the energy industry.

About SoftSmiths

SoftSmiths is a leading provider of proven business critical Transaction Management Systems and services for Load Serving Entities, Generation Production Entities, Purchasing Selling Entities, and Transmission Providers who operate in physical markets to sell, purchase, trade, and deliver energy in the most efficient and cost- effective way. SoftSmiths’ seamlessly integrated, scalable, and adaptable solutions provide ready-to-deploy, out-of-the-box functionality that is highly configurable and customizable to meet companies' unique needs. 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.

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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