SoftNet Technology Corp (fka SOFN)

[FORDGT]

I'm with you here I think I'll add another 10 or 11 shares and see what's shaken... LOL ... Will should break .0024 very soon and than off the the races.. 2007 COMPARISON WITH 2006

Revenues for 2006 were $6,213,304 as compared to $8,650,231 for 2007, a 39.2% increase in 2007. The Company's revenue growth was the result of its entering into new engagements with existing customers and soliciting engagements with new customers. This growth was partially offset by the Company's withdrawal from the equipment reseller business in mid 2007. The largest contributor to the Company's revenue growth is SoftNet's technology infrastructure services practice with a specialty in storage. The Company's largest client is a storage device manufacturer for which the Company provides installation and configuration services to end-user customers. Other sources of revenue growth include the introduction of the Company's Application Delivery practice. While Application Delivery was not significant in terms of initial revenues, the practice did provide new customers and some revenues during the fourth quarter of 2007. These additional revenue sources accounted for substantially all of the total increase for 2007.