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SoftNet
Technology Corporation (OTCBB: STTC) |
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Attention SoftNet Lovers!
No, this isn’t the same StockUpTicks profile about SoftNet Technology
(OTCBB: STTC) you’ve received in the past. But is another
piece of compelling news from the hottest
stock we’ve covered in some time, SoftNet Technology, which
has risen from below .05 cents to over .24 cents since we began
our coverage of it (see the chart
below).
In the past, we’ve detailed the meteoric growth of this company
and we know from the response and email correspondence we've received
from you, that you are continuing to watch STTC very closely.
We pledge to bring you updates and information as long as you have
an interest.
And today, we are pleased to bring to you news
hot off the wire - released just
moments ago! This news, yet again, details the
company’s continued growth and expansion campaign as it diversifies
its product offering with a wide variety of pet supplies, including
distribution deals with Pet Edge and Ryan's Pet Supply. Read
on ...
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Today's **BREAKING**
News From SoftNet Technology |
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Press Release
Source: SoftNet Technology
Wednesday January
19, 4:00 pm ET
STTC/WBU, Begins
Diversification Of Product Offering By Adding 5,000 Pet Supply Products
- Signs Deal with Pet Edge and Ryan's Pet Supply
BERNARDSVILLE, N.J.--(BUSINESS
WIRE)--Jan. 19, 2005--SoftNet Technology (OTCBB Symbol: STTC - News;
German WKN#: A0B7RZ) announced today that WholesaleByUs, LLC (WBU)
increased the number of products for sale by more than 5,000 products
to almost 30,000. As mentioned in the press release of January 18,
2004, WBU is in negotiations with numerous suppliers of products
both domestically and internationally to continue to increase the
number and diversity of products offered.
In time, WBU has a goal to supply
the largest and most diversified array of products for sale on the
Internet. Both Ryan's Pet Supply and Pet Edge are leading suppliers
of pet supplies. WBU is the first non-dealer that both of these
companies are willing to sell through. This is evidence of the great
opportunity that WBU can provide for manufacturers and the like
to sell through WBU on the Internet.
Expansion to home goods, personal
care items, medical supplies and a plethora of consumer goods is
expected to occur in time. Additionally, WBU through the Frankfurt,
German based Subsidiary, expects to start providing European manufactured
products for sale both in the European Union and in the United States
The genius displayed by the WBU
management is not just in increasing the product offering, but increasing
it at no additional cost to the companies that supply the product
for sale through the WBU system. While expansion has been fast and
furious, WBU is still in the transition stages with the new technology
and procedure changes that were made in December of 2005. The march
towards 100,000 products will now begin to pick up steam. A more
varied offering of products will continue to be added to the WBU
website and entered into the system for sale.
"An explosion is just about to
materialize," stated Mr. James M. Farinella, CEO/President of SoftNet
Technology. "We are adding portals at an extremely fast rate and
the product offering is just about to balloon to an unbelievable
number. There is a 10 to 30 day lag for sales to follow - but when
they do, it will be spectacular."
Please visit our website at www.softnettechnology.com
for more information or call the company directly at 866-898-4842
(local - 908-204-9911) James M. Farinella, CEO.
The Private Securities Litigation
Reform Act of 1995 provides a safe harbor for forward-looking statements
made on behalf of the company. All such forward-looking statements
are, by necessity, only estimates of future results and actual results
achieved by SoftNet Technology Corp (STTC) may differ materially
from these statement due to a number of factors. STTC assumes no
obligations to update these forward-looking statements to reflect
actual results, changes in assumptions or changes in other factors
affecting such statements. You should independently investigate
and fully understand all risks before making investment decisions.
Contact:
SoftNet Technology
James M. Farinella
(866) 898-4842
local: (908) 204-9911
www.softnettechnology.com
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Source: SoftNet Technology
Corp.
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About
SoftNet Technology Corporation |
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SoftNet Technology has two wholly-owned
subsidiaries - Solutions Technology and WholesaleByUs.
Solutions Technology’s SecureTime®
software application offers a complete Biometric turnkey program
for a small or mid-sized company that needs to collect time and
attendance, scheduling, entitlements, and personal/pay records.
With a seamless interface to payroll services, it provides the client
with one of the most cohesive time and attendance management systems
available anywhere. The software also secures critical work areas
and high rise office buildings by positively identifying employees
and workers, and the program works in tandem with doorlocks and
surveillance cameras to prevent any unauthorized access.
SoftNet Technology's WholesaleByUs
Web site is an actual operating demonstration of the Company's proprietary
search engine software. SoftNet is bringing its search engine
to online retailers that want dynamic processes on their Web site
instead of the ordinary static pages currently in use by so many
sellers and resellers.
**Our October
2004 Profile on STTC can be viewed HERE**
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Financial Highlights For SoftNet |
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aa
Avg Vol (3m): 1,573,940
Fiscal Year End: 12-31
Industry: Computers-Hardware
Transfer Agent: Interwest Transfer Co
Shares Outstanding - 77,125,469 as of July 30, 2004 |
To view the latest SEC filings for STTC - the link is
Here
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To Contact SoftNet Technology |
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Headquarters
James M. Farinella, CEO/PR/CB
1 Anderson Road, Suite 105
Bernardsville, NJ 07924 United States
Phone: (866) 898-4842 - Fax: (908) 204-0201
www.softnettechnology.com
***
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those pertaining to estimates and related plans, potential mergers
and acquisitions, estimates, growth, establishing new markets, expansion
into new markets and related plans other than statements of historical
fact, are forward-looking statements subject to a number of uncertainties
that could cause actual results to differ materially from statements
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dollar amounts, and market size data was provided by the subject company
and related sources believed by MP to be reliable, but MP provides
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contained herein are based on sources believed to be reliable but
no representation, expressed or implied, is made as to its accuracy,
completeness or correctness. Past performance is no guarantee
of future results. This report is a paid advertisement and is for
information purposes only and should not be used as the basis for
any investment decision. MP has been
paid twenty seven thousand dollars by SoftNet Techology Corp. for
preparation and distribution of this report and other advertising
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to time own shares of STTC and may buy or sell shares of STTC without
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contained herein contains forward-looking statements and is subject
to significant risks and uncertainties, which will affect the results.
The opinions contained herein reflect our current judgment and are
subject to change without notice. MP and/or its affiliates, associates
and employees from time to time may have either a long or short
position in securities mentioned. Information contained herein
may not be reproduced in whole or in part without the express written
consent of Market Pathways Financial Relations Incorporated.
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