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SoftSmiths Announces New Enhancements to SoftSmiths LMP-ERCOT

Houston, TX. – December 19, 2011 – SoftSmiths, Inc., a leader in Software-as-a-Service (SaaS) enterprise solutions for energy transaction management, today announced the latest release of its ERCOT Nodal Pricing Monitor service. This version extends the Nodal Pricing database with new features including a totally redesigned interface to improve functionality, analysis and usability.

“Market participants in the ERCOT market rely on access to pricing data and SoftSmiths provides a decision support tool with a historical pricing data repository that facilitates users to perform historical trend analysis and research to optimize trading”, said Larry Stone, Director

SoftSmiths LMP-ERCOT presents ERCOT Day-Ahead and Real-Time prices at settlement points and on paths between points, at 15-minute, hourly, and daily granularity.  Raw prices can be viewed as well as relevant combinations such as Day Ahead Energy Bid settlement prices (Real-Time vs. Day-Ahead).  Users can also overlay weather information, such as temperature and heat index, in order to hone their analysis.  Prices are provided in interactive graphical and tabular formats, and can also be exported via the clipboard or in CSV format for import into external systems.

SoftSmiths LMP-ERCOT is available through SoftSmiths' Software-as-a-Service (SaaS) delivery model, a cloud-based environment only requiring a web-browser for simple and fast access to the service, while eliminating the headaches to purchase and/or manage hardware and software. And thanks to the cloud, all of it comes with low cost, low risk, and fast results.

About SoftSmiths

SoftSmiths, Inc. is a leader in enterprise-class, Software-as-a-Service (SaaS) solutions for energy businesses, combining a lower cost of ownership with an innovative approach to business applications. SoftSmiths delivers energy trading, operations, and settlement solutions designed for today's energy marketing and load serving organizations and the way they conduct their business. Delivered in the cloud leveraging a modern technology platform, SoftSmiths offers a fresh alternative to legacy ETRM systems. Visit us at http://www.softsmiths.com.

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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