Dresher, PA – Nov. 28, 2008 – Innotap today confirmed plans for version 2.0 of its InstaTrend® realtime price trend alerting application, with beta testing to begin early next year. The new release will integrate functionality from the current 1.x versions of InstaTrend PJM and InstaTrend MISO, which are currently implemented and sold as separate products. InstaTrend 2.0 will provide access to PJM, MISO and other RTOs from a single user interface.
“We are constantly thinking of ways to improve our products,” says Ron Swartz, President of Innotap. “With version 2.0, traders will appreciate an even faster response time as well as flexibility to configure the layout of visual controls that were previously fixed in place in earlier versions. In addition, they will be able to monitor multiple locations from within one screen.”
“This is a whole new architecture. Our customers making realtime trading decisions want to know what’s happening as quickly and as easily as possible. That’s why we re-architected InstaTrend,” says Moon Chung, Chief Developer of Innotap.
Swartz adds, “I’m excited about the enhancements and how well this implementation fits into our strategy moving forward. The future products we’re developing will work in concert with InstaTrend 2.0. I’m sure end users will share in our excitement once they get their hands on the new Innotap® software.”
Innotap is the leading provider of realtime, complex event monitoring, alerting and decisioning software for energy trading. Innotap® software helps increase profitability and reduce risk by enabling energy companies to quickly identify and respond to business conditions that impact their trading strategies. Knowing the pain traders experience on a daily basis – being short on time and overwhelmed with too much information while opportunities pass them by, Innotap is dedicated to helping its customers make better trading decisions faster, enabling them to get ahead and stay ahead. For more information, visit www.innotap.com.