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SoftNet Subsidiary, Indigo, Is Selected By PearlNet LLC As A Strategic Partner To Fulfill Major Governmental and Commercial Contracts Friday May 6, 3:00 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--May 6, 2005--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) announced today that Atlanta, Georgia based PearlNet LLC has entered into a Strategic Alliance with SoftNet Technology wholly owned subsidiary, Indigo Technology Services (Indigo). The relationship is expected to yield large increases in revenue for both companies. PearlNet has selected Indigo as a Strategic Partner in supporting their efforts to provide complete network infrastructure services to both Governmental and Commercial Clients. PearlNet's President selected Indigo over several other firms based on Indigo's proven track record of providing skilled resources. PearlNet has established itself as a leader in the Southeast United States over the last 10 years for providing quality infrastructure services and has secured several large multi-year projects for which Indigo will be a key resource.
Through aggressive marketing and sales efforts, PearlNet has experienced astronomical growth, exceeding total 2004 revenue in just the first quarter of 2005. Revenues for PearlNet are expected to exceed $8,000,000 for fiscal year 2005. The Strategic Alliance between PearlNet and Indigo is expected to provide continued and accelerated growth for many years. This partnership is expected to yield a minimum 75% increase in revenues year to year for Indigo Technology Services.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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SoftNet Subsidiary, Indigo, Signs 3 New Contracts And Assists in Disaster Recovery of An Exchange 2003 E-mail Infrastructure Monday May 9, 4:00 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--May 9, 2005--SoftNet Technology (OTCBB Symbol: STTC - News; German WKN#: A0B7RZ) announced today that wholly owned subsidiary, Indigo Technology Services (Indigo), signed 3 new maintenance contracts with clients to monitor their servers, provide technology management and support. They have entered into a contract with GleedsUsa to manage their IT infrastructure, provide ongoing technology consulting and provide disaster recovery solutions.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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BERNARDSVILLE, N.J.--(BUSINESS WIRE)--May 31, 2005--SoftNet Technology (OTCBB Symbol:STTC - News; German WKN#: A0B7RZ) is pleased to announce today that Softnet has generated Its best ever Quarter in revenue with the month of June still left. Sales in less than the first 60 days of the second quarter have surged past $300,000 compared to the $234,000 for all of the first quarter of 2004. The $300,000 plus in sales for SoftNet is estimated and not reviewed by the Company Auditors, but should not vary more than a few thousand dollars. This $300,000 plus figure also includes only revenue that will be counted for reporting purposes with our quarterly reports. Total Internet sales (not just product shipped) for WholeSaleByUs (WBU) would take this number much higher if counted. Indigo is also seeing a surge in sales, which is significant due to the high profit margins of their business model.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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