you see what i mean>
News for 'STTC' - (SoftNet Subsidiary, Indigo, Gains National Attention - Signs Application Development Services Deal For Small Businesses Across United States)
BERNARDSVILLE, N.J., Jun 16, 2005 (BUSINESS WIRE) -- SoftNet Technology (OTCBB
Symbol: STTC) (German WKN#: A0B7RZ) announced today that wholly owned
subsidiary, Indigo Technology Services (Indigo), signed several new contracts in
the past week. These contracts include small business server products, Business
Management software, staffing application development/architecture projects and
a National Partner Agreement for Application.
Indigo signed a strategic agreement with Excalibur Technologies from Barrington,
Illinois to be the first users of the Avalon Business Management Software. This
software is designed specifically for managing the operations of a complex
Information Technology consulting firm that specializes in the small
business-consulting arena. Avalon will raise Indigo into the top 10th percentile
of small business IT firms that offer this kind of service. This tool provides
Indigo with a significant advantage over the competition.
To take things further, a National Partner Agreement was signed with Buyer Zone.
This will expose Indigo to hundreds of small businesses requiring assistance for
their technology needs. Additionally, Indigo signed an agreement with a national
recruiting firm to help assist in staffing application/architecture projects.
This allows Indigo to stay actively involved in software projects across the
United States.
Indigo also made amazing inroads with Its Small Business Server Product. Since
this products release just one month ago, more than half of Indigo's clients
have been converted to the new system. This product serves as a solid foundation
to small business networks, centralizing and easing email, file collaboration
and disaster recovery solutions. By the end of July, Indigo plans on having all
of Its client base converted to the new product.
"The advancements that Indigo has made in the past month is nothing short of
amazing," said Mr. James M. Farinella, CEO/President of SoftNet Technology Inc.
"Indigo is becoming a major profit center for SoftNet Technology. The month of
June is far exceeding our expectations."
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.
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.
SOURCE: SoftNet Technology
This is going to be a huge step forward for sttc and the financial impact is going to be seen in the coming quarters. i very much look forward to the numbers as we move forward. 2006 will be the explosion with amex or nasdaq listing, who knows.
take share
News 
Market Data 
Discover 
