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Shelron Group Expects Increased Q4 2006 Revenues

PR Newswire "US Press Releases "

NEW YORK, Dec. 26 /PRNewswire-FirstCall/ -- The Shelron Group Inc. (OTC Bulletin Board: SHRN), a leading provider of e-commerce software and e-business solutions, today announced that final quarter revenues for the year are well beyond the Company's projections.

"With a fantastic increase in online holiday sales for electronics products, in particular, ActiveShopper is making positive gains in the comparative shopping industry," notes Eliron Yaron, Chairman of The Shelron Group. "Our marketing and technical teams have done excellent work this year and we look forward to improved end of the year results for 2006."

According to comScore Networks, it is estimated "that US consumer retail (non-travel) online spending for the 2006 holiday season through December 15 -- the first 45 days of the holiday season -- reached over $19 billion, marking a 25% increase vs. the corresponding days in 2005" (Dec. 20, 2006).

eMarketer recently published a report (Nov. 2006) predicting that Web merchants will earn sales revenue in excess of $24 billion in the months of November and December, when holiday shopping is at its peak. This represents an increase of 22.1% over the same period in 2005.

"We have every reason to be optimistic about ActiveShopper," says Yaron. "We are positioned in the heart of the online industry, which is now booming as more and more consumers are going online to do their shopping, and our partnerships are creating significant value and customer loyalty."

About Shelron Group

Shelron Group Inc. is a leading developer of advertising and comparative shopping software, products, and services. ActiveShopper(TM) is the brand name of the company's comparative shopping products, which include US, UK and Australia comparative shopping websites, a mobile website for cell phone and PDA users, and various price-detecting comparative shopping installable clients. The company's stock is publicly traded on the OTC Bulletin Board under the symbol SHRN. Additional information is available at http://www.ActiveShopper.com and http://www.ShelronGroup.com.

Safe Harbor Statement:

Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. A number of factors could cause our actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in our filings with the Securities and Exchange Commission (available at http://www.sec.gov). Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein. We assume no obligation to update any forward-looking statements.

Contact:
Joel Gering
1-516-6206794
[e-mail]

SOURCE Shelron Group Inc.