HOUSTON, Texas, Dec. 4, 2001 – Today, SoftSmiths announced the availability of a new e-Meter application for its e-Merchant product suite, enhancing real time business analysis.
e-Meter captures actual generation and load meter values. This provides load serving entities, independent power producers, municipal utilities and large industrial customers with a dynamic view of this critical information, and real time comparison with rated, forecast and committed generation and load profiles. This enables users to manage risk and optimize usage of assets in a highly dynamic competitive environment.
e-Merchant is a toolbox for Purchasing/Selling Entities whose market strategy may focus on high-volume hub trading, buying and selling of physical assets or a combination of both. SoftSmiths’ e-Merchant suite offers a flexible, scalable business technology solution – seamlessly integrating risk management, trading, portfolio assessment, resource management, scheduling, accounting and reporting.
“The addition of e-Meter is another example of how we help our customers gain business advantage by managing critical decision-making information in real time,” said Nathan Sheik, CEO of SoftSmiths.
SoftSmiths Inc. is a Texas-based, privately held corporation. The company has been delivering e-business solutions to energy service companies since commencing commercial operations in January 1997. SoftSmiths is a provider of business critical Transaction Management Systems and services to the energy industry. Its 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.