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Looking good for the future, being fundamentally strong with strong growth potential. Holding between .07 - .08 (52 wk. high .0285)
CRANFORD, N.J., Apr 06, 2006 (BUSINESS WIRE) -- SoftNet Technology Corp. (OTCBB Symbol: STTC) (German WKN#: A0B7RZ) is pleased to announce that they have expanded the number of Information Technology Consultants/Professionals and in-house employees from approximately 26 to over 50 in just the 3 months of 2006.
Revenue if combined for Inspara and SoftNet was approximately $300,000 during the month of December 2005. Revenue for SoftNet in March of 2006 was approximately $500,000. Growth in the 1st quarter was very strong even in the face of the transition and combining of companies and management teams. With a more organized and focused management team now in place, SoftNet should see even stronger growth heading into the second Quarter.
CRANFORD, N.J., May 01, 2006 (BUSINESS WIRE) -- SoftNet Technology Corp. (OTCBB Symbol: STTC) (German WKN#: A0B7RZ) is pleased to announce that they have expanded operations of the company to the southern region of the United States. The headquarters for this region will be in Dallas, Texas.
The personnel running the Dallas regional office is of the highest level and already is expanding STTC's relationship with T-Mobile. The continued expansion is important because it allows SoftNet to offer more coverage and a wider range of services for national and international clients. Additionally, SoftNet continues to expand its client base to such companies as NetSurant and Crossvale. This expansion also diversifies STTC's revenue over a larger geographic area allowing for each region to draw from the good will developed in each region.
SoftNet Technology now maintains operations all along the Eastern and southern regions of the United States. The operations in the Southern region are based in Dallas, Texas. Atlanta, Georgia acts as the regional center for the Southeast United States while the corporate Headquarters in Cranford, New Jersey acts as the operational center for the Mid Atlantic and Northeast region of the Country. Further geographical expansion is expected shortly.
Posts: 7 | From: NJ | Registered: Apr 2006
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