 |
SoftNet
Technology Corporation (OTCBB: STTC) |
 |
Attention StockUpTicks Readers:
UPDATE ON SOFTNET TECHNOLOGY
CORP. (STTC)- READ TODAY'S BREAKING NEWS BELOW!!
|
Today's BREAKING
News From SoftNet Technology |
|
Press Release
Source: SoftNet Technology
Corp.
Monday January 3,
2:30 pm ET
SoftNet Technology
Begins Expansion of Wholesalebyus To European Market
BERNARDSVILLE, N.J.--(BUSINESS
WIRE)--Jan. 3, 2005--SoftNet Technology (OTCBB Symbol: STTC - News;
German WKN#: A0B7RZ) today announces the expansion of Wholesalebyus
(WBU) to the European Market. Shipping of the products sold will
initially be sent from the United States.
WBU is in the process of finalizing
an arrangement with one of the major express shipping companies
for distribution from the USA to Europe. The new personnel that
were recently hired by WBU will be working to list the different
products already for sale in the United States for sale on the different
URL's in the different countries in Europe. A start date for actual
sales to be realized is expected in the next few weeks. In time,
a new website with the .de will be setup for access by German customers.
Likewise, additional websites (such as .uk for the United Kingdom)
will be setup for all the different countries in Europe.
In the meantime, all necessary
technical details are being put into place for sales of products
from the European Union to consumers of the European Union. These
sales will be run through the Frankfurt based Subsidiary from a
fulfillment center set up by the Subsidiary in Frankfurt, Germany.
Holtermann & Team GmbH is in the process of changing It's name
and financial year-end from March 31 to December 31. The new name
of the German subsidiary will be released to the public when the
name change has been approved.
The expansion to Germany and Europe
is expected to yield great results due to the extensive contacts
developed by the Managing Director of STTC's German Subsidiary.
Much of the setup work has been completed at this point. In fact,
there are already numerous businesses that currently will provide
product for WBU in Europe. It is expected that once sales begin
overseas that additional countries will be added at a rather quick
pace.
Please visit our website at www.softnettechnologycorp.com
for more information or call the company directly at 866-898-4842
(local - 908-204-9911).
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 statements 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
--------------------------------------------------------------------------------
Source: SoftNet Technology
Corp.
|
About
SoftNet Technology Corporation |
|
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
13 Profile on STTC can be viewed HERE**
|
Other Recent News from SoftNet |
|
aa
Press Release
Source: SoftNet
Technology Corp.
Wednesday December
8, 10:00 am ET
SoftNet
Technology's CEO Continues Purchases Of STTC In The Open Market
- Has Now Purchased More Than 1,200,000 Shares
BERNARDSVILLE,
N.J.--(BUSINESS WIRE)--Dec. 8, 2004--SoftNet Technology (OTCBB Symbol:
STTC - News; German WKN#: A0B7RZ) announced today that the President
and CEO continues to purchase more shares of STTC on the open market.
Since the week of Thanksgiving, the CEO purchased an additional
50,000 shares of STTC at prices as high as $.167. Since August 18,
2004 the CEO/President has purchased over 1,200,000 shares of STTC
in the open market.
The CEO
mentioned that the expansion Of WBU to the European Community expected
shortly provides for optimism heading into the New Year. Unlike
most retail companies that experience a drop off in sales after
the Holiday Season, STTC actually expects to increase sales from
December to January.
This expectation
to expand to the Canadian and European markets much sooner then
previously anticipated leads to better than expected results in
2005. However, a renewed excitement by STTC's CEO about the Company's
other wholly owned subsidiary, Solutions Technology, is being cited
as the main reason for the purchases made this week.
"The development
of Wholesalebyus has been tremendous," said Mr. James M. Farinella,
CEO/President of SoftNet Technology. "However, I am just so excited
by what is transpiring with the SecureTime Biometric System. The
sales for the SecureTime System should really begin to accelerate
in the coming year."
Form 4's
have been filed as required with the SEC and can be viewed by going
to the Company's website www.softnettechnology.com. Then click on
the link for SEC Filings. Please visit our website at Www.softnettechnology.com
for more information or call the company directly at 866-898-4842
(local - 908-204-9911).
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
--------------------------------------------------------------------------------
Source:
SoftNet Technology Corp.
|
Financial Highlights For SoftNet |
|
aa
Avg Vol (3m): 1,426,157
Fiscal Year End: 12-31
Industry: Computers-Hardware
Transfer Agent: Interwest Transfer Co
Shares O/S: 77,125,469 (as of July 30, 2004) |
To view the latest SEC filings for STTC - the link is
Here
a
|
To Contact SoftNet Technology |
|
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
***
The Bull is Running. ***
There may never be a better
time to feature YOUR company
to over 1
MILLION investors.
To learn more about our programs email us directly
at info@stockupticks.com
Stockupticks
SafetHarbour
Statement: Statements contained in this document, including
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
made. StockUpTicks.com is a property of Market Pathways Financial
Relations Incorporated (MP). MP provides no assurance as to
the subject company's plans or ability to effect any planned and/or
proposed actions. MP has no first-hand knowledge of management and
therefore cannot comment on its capabilities, intent, resources, nor
experience and makes no attempt to do so. Statistical information,
dollar amounts, and market size data was provided by the subject company
and related sources believed by MP to be reliable, but MP provides
no assurance, and none is given, as to the accuracy and completeness
of this information.
Disclaimer: StockUpTicks.com
is a property of Market Pathways Financial Relations Incorporated
(MP). The information, opinions and analysis 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 seventeen thousand dollars by SoftNet Techology
Corp. for preparation and distribution of this report and other
advertising services. This constitutes a conflict of interest
as to MP’s ability to remain objective in its communication regarding
the subject company. Write or call MP for detailed disclosure
as required by Rule 17b of the Securities Act of 1933/1934 - Market
Pathways 1920 Main Street, Suite 980, Irvine, CA 92614.
MP is not an investment advisor and this report is not investment
advice. This information is neither a solicitation to buy nor an
offer to sell securities but is a paid advertisement. Information
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.
|
