SoftSmiths adds e-Forecaster to its e-Merchant product suite

Houston, TX. – January 31, 2002 – Today, SoftSmiths announced the availability of a new e-Forecaster application for its e-Merchant product suite, providing a cost effective, automated and integrated solution that meets the load forecasting requirements in the energy market. SoftSmiths delivers critical e-Business solutions and services that enable energy industry participants to enhance profitability and reliability in the competitive marketplace.

e-Forecaster provides the ability to base load forecasts on prior forecasts and actual load measurements, selected based on time, temperature and other attributes. As part of the e-Merchant product suite, e-Forecaster integrates with its trading, scheduling and settlement applications to simplify and automate operational forecasting of electric loads and provides a powerful integrated tool that enables Load Serving Entities and Municipal Utilities to accurately forecast customer loads in the competitive energy markets.

"SoftSmiths recognizes that in a competitive energy market, companies must succeed at load forecasting to maintain reliability, avoid financial exposure and maintain their customer base" said Hugo Stappers, Director of Sales/Marketing at SoftSmiths.

About SoftSmiths

SoftSmiths, Inc. is a Texas-based, privately held corporation. The company has been successfully delivering e-business solutions to energy service companies since commencing commercial operations in January 1997.

SoftSmiths is a leading provider of business critical Transaction Management Systems and services to the energy industry. SoftSmiths products are designed to address increased customer and transaction volumes and yield increased operational efficiencies, thereby enabling its customers to profitably operate in the competitive marketplace.

SoftSmiths' highly differentiated position in the market is a result of its in-depth knowledge of the industry’s business practices, having the broadest product development strategy and using its intellectual property and consulting service to meet its customer’s competitive business requirements.

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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