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[QUOTE]Originally posted by keithsan: [QB] will add some DD in a minute: heres the news. Seamless Technology Inc. e-Learning Subsidiary Begins New Fiscal Year With $500k in Orders Tuesday January 24, 9:00 am ET Orders for e-Learning Services and Products Strong as Company Kicks Off Annual Sales Cycle MIAMI, FL--(MARKET WIRE)--Jan 24, 2006 -- Seamless Technology Inc. (Other OTC:SLSX.PK - News) (www.seamlesstech.com) today announced that sales orders for its subsidiary, Pinneast.com, Inc. (www.pinneast.com), are the strongest in its history as the company begins its new fiscal year. By mid-January the total of orders placed in late 2005 and early 2006 will already generate over $500,000 in revenues. In addition, the company has qualified pricing proposals to over a half-dozen clients totaling over $350,000 in additional revenues. ADVERTISEMENT According to their President, Brian Popken, "Pinneast has started 2006 in a very strong position. The amount of existing orders combined with new sales that we expect to close as a result of our proposals will put us well on the way towards meeting our 2006 sales objective of over $2 million in revenues. This is nearly double our 2005 sales, but it is a goal that is achievable with such a strong start. Furthermore, we are introducing new initiatives and relationships that could greatly enhance our revenue potential in 2006, which have not been included in our annual projections." The Company had previously announced that it was selected as part of a defense contractor team for the United States Army's Distributed Learning Education and Training Products (DLETP) program. Popken continued, "We are also very excited about the strong partnerships we have built and the new opportunities they bring. As an example, we plan to leverage our contracts such as the DLETP program, and build on our sales momentum. Similar contracts with the Army in the past generated nearly $3 million in revenues for Pinneast over their contract lives." [/QB][/QUOTE]
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