SoftNet Technology Expands Operations To The South Region Of The United States.CRANFORD, N.J. -- SoftNet Technology Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). Symbol: STTC STTC Space-Time Trellis Coding STTC Simulation & Training Technology Center (US Army RDECOM lab) STTC Sunrise Table Tennis Club STTC Sheppard Technical Training Center STTC Singing to the Choir STTC Soldering Technology Transfer Center ) (German WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) #: 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 Cranford is a township in Union County, New Jersey, United States. As of the United States 2000 Census, the township population was 22,578. Cranford Township folds from the banks of the meandering Rahway pond and has been dubbed the "Venice of New Jersey". acts as the operational center for the Mid Atlantic and Northeast region of the Country. Further geographical expansion is expected shortly. "Client companies can now feel comfortable knowing that no matter where they require service that SoftNet can provide it," said Mr. James M. Farinella, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SoftNet Technology. "Bringing SoftNet to a narrowed Business focus in the past 6 months is really starting to pay big dividends as internal growth and profitability is increasing at quickened rates." Please visit our website at www.softnettechnology.com for more information or for Investor Relations Investor relations The process by which the corporation communicates with its investors. , please contact the company directly at 866-898-4842 (local 908-204-9911) James M. Farinella, CEO. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 statements 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. |
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