DRESHER, PA — May 24, 2007 — Innotap today announced it signed a deal with another leading Power Trading organization, making it the third Fortune 200 company who is using its Innotap™ InstaTrend™ PJM and InstaTrend™ MISO products to provide invaluable support for their real time power trading decisions.
“Customers are gaining significant returns on their investment. In one case, a customer told us unsolicited that with the help of InstaTrend, they realized enough profit from a single transaction on one hot summer day to cover the cost of the product!” says Ron Swartz, President of Innotap.
Moon Chung, Chief Developer adds, “This kind of feedback really motivates us to continue to improve and evolve the existing products. We are looking to help traders make more informed decisions in the real time markets, identifying and acting on targeted business conditions that are part of their trading strategy.”