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New Brunswick Power Corporation selects SoftSmiths

Houston, TX. – May 28, 2004 – SoftSmiths, Inc., a leader in energy transaction management solutions, today announced that Energie NB Power has selected its Electronic Tagging Portal Suite (ETPS) and e-Link Integration solution. NB Power is the largest electric utility in Atlantic Canada, and operates one of North America's most diverse generating and interconnected transmission systems. The Generation business unit operates one of the world's most diverse generating systems. It produces economic and dependable electricity at its fourteen hydro, coal, oil, Orimulsion and diesel powered facilities. The network of generating stations has an installed capacity totaling 3,484 MW.

SoftSmiths’ seamlessly integrated solution enables NB Power to automatically generate E-Tags from energy schedules, thereby streamlining the submission process and eliminating redundant and error-prone manual entries.

“We are very pleased with NB Power’s selection of SoftSmiths and welcome them to our growing customer base”, said Hugo Stappers, Director of Sales/Marketing at SoftSmiths. “The combination of a rich user interface, intuitive navigation, and intelligent integration, provides the marketplace the only seamlessly integrated NERC-compliant Electronic Tagging solution available today.”

SoftSmiths e-Link Application Program Interface includes an ETPS adapter that allows integration with SoftSmiths e-Merchant or in-house scheduling systems. The adapter doesn’t simply pass on the data, but also interprets the E-Tags and keeps track of tags as transactions, thereby providing meaningful data to the in-house applications. e-Link uses XML schemas consistent with electric industry and internet standards such as XML schema, SOAP and SMXP.

ETPS

The Electronic Tagging Portal Suite (ETPS) enables all entities (Generation Entities, Purchasing/Selling Entities, Control Area Operators and Transmission Providers) involved in energy delivery transactions to create, verify, approve, and manage transactions electronically. The E-Tagging Portal Suite includes three components: e-Agent, e-Authority and e-Approval, and is designed in compliance with the North American Electric Reliability Council (NERC) Electronic Tagging specifications.

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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