Cloud-Based Molecule Software Takes on Legacy ETRM

Energy Software Rocks Vinmar International

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Jan 27, 2014, 10:07 ET

HOUSTON, Jan. 27, 2014 /PRNewswire/ -- Molecule Software announced today the selection of its software by Vinmar International, a $4Bn global petrochemical marketing and distribution company. Molecule will be replacing a leading legacy ETRM vendor's flagship product.

(Logo: http://photos.prnewswire.com/prnh/20140127/DA51839LOGO)

Vinmar selected Molecule for its ease of use, cost leadership, and quick implementation. Said Vishal Goradia, Vinmar International's executive in charge of special projects, "We are very excited with Molecule's capabilities and strategic direction. In fact, we started entering trades on Day 1 and we see a lot of opportunity for creating value with Molecule in the future."

Molecule is the world's easiest energy trading software. Its natural language trade capture allows traders to enter complex energy transactions in seconds. Its reporting engine presents position and profit/loss metrics in real time. Molecule can be up and running in 24 hours, and because it lives on Amazon's secure Elastic Compute Cloud (EC2) infrastructure, new features are released to all customers weekly, for free. Molecule is energy software that rocks.

Molecule Software (www.molecule.io) is a venture-backed, SURGE Accelerator graduate company and a member of the NYSE Big Startup program. The Molecule team has been racking up awards at SxSW Interactive (HATCH Pitch), Rice University (Energy & Clean Technology Venture Forum) and more. They were recently honored as the first investment of the University of Houston's Cougar Venture Fund.

For more questions about Molecule, contact the Houston headquarters at (808) 445-6781, or at [email protected].

Media Contact Information
Rhonda Lindholm
Manager, Marketing & Communications
Molecule Software
(808) 445-6781
[email protected]

SOURCE Molecule Software