BTU QSE Services Transitions to SoftSmiths Power and SoftSmiths Market-ERCOT 

Houston, TX. – December 7, 2006 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that BTU QSE Services, Inc transitioned to SoftSmiths Power and SoftSmiths Market-ERCOT for its power trading, resource planning, scheduling, risk measurement, settlement and accounting. BTU QSE Services is responsible for the wholesale power marketing, ancillary service bidding, and energy scheduling and settlement activities on behalf of Bryan Texas Utilities (BTU). BTU has been serving both the City of Bryan and rural customers in east central Texas for almost 100 years.

 
“SoftSmiths smoothly transitioned us to its fully integrated platform that supports BTU’s current business requirements, as well as growing with our needs, while enhancing performance, reducing risk and expanding business capabilities,” said Gary Miller, Division Manager – QSE / Power Marketing at BTU QSE Services. “In addition, SoftSmiths Market-ERCOT provides us the next-generation ISO market participant solution that offers unmatched flexibility to conduct our current QSE business with ERCOT and prepare for the Nodal market. This has been a good experience and, with the system deployed and in production use, confirms we made the right choice".

SoftSmiths Power offers front-to-back functionality for operations, trade capture, scheduling, risk measurement, credit control, wholesale checkout and accounting.

SoftSmiths Market-ERCOT automates the submission of energy and ancillary service schedules and bids to ERCOT, estimates ERCOT charges in a shadow settlement, and consolidates ERCOT market information into a single database. These functions increase the effectiveness of market participant operations by decreasing the time required to submit information to ERCOT and resolve billing charges.

"Utilities like BTU face the challenge of modernizing and integrating their systems for real-time physical trading, scheduling and settlement, while ensuring continued operations", said Hugo Stappers. “Increasingly, they are relying on SoftSmiths. As a Texas company, we are particularly excited to have migrated BTU to a modern fully integrated solution that will meet their needs for years to come”.

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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