STTC and yahoo is saying on their quote
board 30.00 in years time. Up .012 today, closed .062 (book value 7.14)
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From : <News@UpTick.com>
Sent : Monday, August 7, 2006 10:41 AM
To : XXXXXXXXX@XXX.com
Subject : SoftNet Alert
| | | Inbox
UpTick.com is pleased to provide you the following alert on SoftNet Technology Corp. (OTC: STTC):
For the week ended August 4, STTC experienced a greater than 250% increase in average daily volume over the previous week, and share price increased over 50% from Monday's close to Friday's close.
SoftNet Technology Signs Several Multifaceted Business Deals
With Several Major U.S. National And International Companies
CRANFORD, N.J. -- August 7, 2006 -- SoftNet Technology Corp. (OTCBB Symbol: STTC) (German WKN#: A0B7RZ) is pleased to announce that they have entered into several Multifunctional Information Technology and Professional Services Contracts. These Business arrangements range from several months to more than one year in contract duration.
SoftNet recently entered into a new relationship with Verizon that expands STTC's business operations in current locations and new territories including New Jersey, District of Columbia, Texas, Pennsylvania, and New York. The work will primarily consist of IT Consulting Services and Regulatory Compliance. SoftNet also recently entered into a contractual relationship with Transamerica initially in the territories of Arkansas, Texas and Kansas City for IT professional services. Additionally, ETC engaged the services of SoftNet in several areas of the United Sates. Some of these new business arrangements are expected to be expanded upon well into the future.
Lastly, SoftNet expanded on its relationship with Network Appliance in parts of the U.S.A. and Canada. While, no specific numbers are being released at this time, the collection of new business is expected to have a big impact on the overall company in the coming year and beyond. Several of the new contracts are an expansion of pre-existing relationships that have grown and broadened in capacity.
"I am very pleased at the velocity that SoftNet is advancing its business operations," said Mr. James M. Farinella, CEO of SoftNet Technology. "To have an operational management team, that has been involved in multi-billion dollar public corporations in the past, to be leading SoftNet into the future is just astonishing. The most exciting part is that we have really just been getting our organizational structure in place and are now turning our focus on accelerating the sales and growing SoftNet into a really special company."
SoftNet Technology Corp.
James M. Farinella
p: 866-898-4842 or 908-204-9911
www.softnettechnology.com
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Safe Harbor Statement
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