SoftSmiths
Adds Natural Gas to SoftSmiths Exchange Auction Market
Houston, TX. – April 24, 2006 – SoftSmiths, Inc., a leading
energy software solutions and services company,
announced today that it has extended the energy
commodity support of its SoftSmiths Exchange Auction
Market with Natural Gas. SoftSmiths Exchange Auction
Market is an electronic, real-time, interactive
marketplace for auction-based transaction processing,
enabling buyers and sellers to post customized auctions
to ‘bidders’ who compete anonymously.
SoftSmiths' recently announced SoftSmiths Exchange product
suite, which provides the electronic trading system (ETS)
applications that help companies who operate exchanges,
brokerage firms, and financial institutions with private
trading networks, with the required technology to add
new services, increase volumes and reduce overall
transaction cost.
In addition, SoftSmiths Exchange serves the major
natural gas buyers, such as public utilities and large
industrials, by streamlining their energy procurement,
replacing manual trading and trade recording processes,
and creating a competitive bidding environment.
"We are very excited with releasing the support of
Natural Gas to the Auction Market application and the
continued additions to the SoftSmiths Exchange product
suite”, said Hugo Stappers, Director of Sales and
Marketing at SoftSmiths".
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.
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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