Power Settlements Doubles Sales and Staff in 2013

Power Settlements is pleased to announce that during 2013 both our sales and our staff has doubled in size to meet the growth of our SettleCore software suite for market participants of the ISO and RTO markets. Our business growth has been driven by expansion into the scheduling and settlements segments of the PJM and MISO markets, as well as continued growth in our existing CAISO and ETRM segments. We have also released new SettleCore functionality for our ETRM modules (Natural Gas, Power, and Financial Trade system) along with our industry-leading Business Intelligence Module for analyzing generation dispatch, which continues to provide significant advantages to utilities and major energy companies.

David Dan, CEO of Power Settlements added, “We are always pleased to hear about our clients’ business results after using our SettleCore products for trading, scheduling, and settlements and now we’ve been able to double our staff and resources this year to support our clients’ continued success with our software. We look forward to 2014 – with new products, new software for additional ISO/RTO markets, and new functionality for existing markets – while providing the best customer support in the industry.”