SOFTNET Techn. (STTC.NAP) dreht gegen N
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BERNARDSVILLE, N.J.
SoftNet Technology
James M. Farinella, 866-898-4842
Local: 908-204-9911
www.softnettechnologycorp.com
SoftNet Technology (OTCBB Symbol: STTC) announced today that WholesaleByUs (WBU) expanded product Distribution to Froogle.com and Overstock.com. Froogle.com is operated and run by Google.com. Overstock.com is another auction site similar to EBay.com.
Overstock.com is an auction site that is expanding its presence on the Internet at an extremely fast rate. Overstock was chosen because it currently provides for the ability of WBU to expand and maximize profitability. However, WBU will remain as a seller through the EBay.com Portal. The recent price increases announced by EBay.com will have a minimal to no effect to the profitability of WBU due to the advanced technology and selling procedures that WBU applies.
WBU will be selling through the Froogle.com portal here in the United States and in the United Kingdom. Froogle.com will redirect all searches for products listed through the froogle.com search engine to the WBU website. WBU applied for the right to sell through Froogle.com more than two weeks ago. Final approval came on Tuesday, January 11, 2005 for WBU to begin offering products through the Froogle.com portal.
STTC has been inundated with requests by suppliers of products for more information on the process of selling through WBU on the Internet. Suppliers who are not already selling through WBU will soon learn what suppliers who already sell on and through WBU know - that selling through WBU costs the supplier nothing.
Please visit our website at www.softnettechnologycorp.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911).
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.
Mehr Portale bedeuten hier ganz einfach mehr Umsatz.
Ich kanns kaum erwarten bis STTC bald auch in Europa und Asien vertreten ist, dass wird die Kundenzahl beträchtlich steigern und auch die Aufmerksamkeit unter den Investoren.
SARASOTA, Fla., Jan. 19, 2005 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Aggressive stock traders and investors, have a look at SoftNet Technology (OTCBB:STTC). SoftNet announced Tuesday that its wholly owned subsidiary WholesaleByUs (WBU), is expanding product distribution. The expansion will be funneled through Froogle.com and Overstock.com. The company further stated that, "WBU will be selling through the Froogle.com portal here in the United States and in the United Kingdom. Froogle.com will redirect all searches for products listed through the froogle.com search engine to the WBU website."
STTC traded volume Tuesday of 1,613,693 and is currently trading at around 21 cents a share.
WESTON, Fla., Jan. 19, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: SoftNet Technology Corp. (OTCBB:STTC), Ford Motor Company (NYSE:F), Qwest Communications International Inc. (NYSE:Q) and eBay Inc. (Nasdaq:EBAY).
Once again, aggressive investors and traders should be watching SoftNet Technology Corporation (OTCBB:STTC) this morning! Yesterday the company issued a press release announcing that its wholly-owned subsidiary, WholesaleByUs (WBU) expanded product distribution to Froogle.com and Overstock.com. Froogle.com is operated and run by Google.com. Overstock.com is another auction site similar to eBay.com.
This could be more great news for investors! Overstock.com is an auction site that is expanding its presence on the Internet at an extremely fast rate. Overstock was chosen because it currently provides for the ability of WBU to expand and maximize profitability.
WBU will be selling through the Froogle.com portal here in the United States and in the United Kingdom. Froogle.com will redirect all searches for products listed through the froogle.com search engine to the WBU website.
Investors continue to watch this one! According to the press release, STTC has been inundated with requests by suppliers of products for more information on the process of selling through WBU on the Internet. Suppliers who are not already selling through WBU will soon learn what suppliers who already sell on and through WBU know -- that selling through WBU costs the supplier nothing.
Just last week, the company reported that WholesaleByUs had expanded to the European Market and that the WBU System went live. The 11 countries in and around the European Community that sales have begun include: The Untied Kingdom, Spain, Sweden, Switzerland, Netherlands, Italy, Ireland, Germany, France, Belgium and Austria. The initial postings of products will be through the eBay URL for each country.
For more in-depth coverage of SoftNet Technology, visit http://216.63.242.254/STTC0118.htm
The stock closed yesterday around twenty-one cents a share.
BERNARDSVILLE, N.J.
SoftNet Technology
James M. Farinella, 866-898-4842
Local: 908-204-9911
www.softnettechnology.com
SoftNet Technology (OTCBB Symbol: STTC) announced today that WholesaleByUs, LLC (WBU) increased the number of products for sale by more than 5,000 products to almost 30,000. As mentioned in the press release of January 18, 2004, WBU is in negotiations with numerous suppliers of products both domestically and internationally to continue to increase the number and diversity of products offered.
In time, WBU has a goal to supply the largest and most diversified array of products for sale on the Internet. Both Ryan's Pet Supply and Pet Edge are leading suppliers of pet supplies. WBU is the first non-dealer that both of these companies are willing to sell through. This is evidence of the great opportunity that WBU can provide for manufacturers and the like to sell through WBU on the Internet.
Expansion to home goods, personal care items, medical supplies and a plethora of consumer goods is expected to occur in time. Additionally, WBU through the Frankfurt, German based Subsidiary, expects to start providing European manufactured products for sale both in the European Union and in the United States
The genius displayed by the WBU management is not just in increasing the product offering, but increasing it at no additional cost to the companies that supply the product for sale through the WBU system. While expansion has been fast and furious, WBU is still in the transition stages with the new technology and procedure changes that were made in December of 2005. The march towards 100,000 products will now begin to pick up steam. A more varied offering of products will continue to be added to the WBU website and entered into the system for sale.
"An explosion is just about to materialize," stated Mr. James M. Farinella, CEO/President of SoftNet Technology. "We are adding portals at an extremely fast rate and the product offering is just about to balloon to an unbelievable number. There is a 10 to 30 day lag for sales to follow - but when they do, it will be spectacular"
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, CEO.
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.
super nachbörsliche News. Die Produktpalette wird erweitert, zusätzliche Kosten sollen nich vorhanden sein.
Wenn das stimmt wird es dieses Jahr ein explosives Wachstum geben.
BERNARDSVILLE, N.J.
SoftNet Technology
James M. Farinella, 866-898-4842
Local: 908-204-9911
SoftNet Technology (OTCBB: STTC) (German WKN#: A0B7RZ) announced today that WholesaleByUs (WBU) expanded product Distribution to www.bidmix.com, www.ubid.com and www.closeoutheadquarters.com.
These three portals continue the rapid expansion and setup of WBU to the widest array of distribution possible for suppliers who want to sell their products through the Internet. While WBU will continue to add more portals, a focused effort is now being made to rapidly add more products for distribution. It will take approximately 30 days to provide full listings of all products sold through the WBU system to be added to all of the current portals. Some portals allow for the mass upload of products while other portals require a more tedious effort of placement.
A more varied offering of products will be added into the WBU system in the coming weeks and months. Further expansion to overseas markets is also in the process of being upgraded. Manufacturers and suppliers of products continue requests for more information on the process of selling through WBU on the Internet.
"While everyone is excited about WBU, great strides are being made with Solutions Technology and the SecureTime Biometric ID System," stated Mr. James M. Farinella, CEO/President of SoftNet Technology. "It is fantastic to see the results that are starting to materialize from all of our hard work"
Please visit our website at www.softnettechnologycorp.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911).
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.
Jetz jeden Tag News. WholeSalebyUs in immer mehr Portalen vertreten.
Das wird dem Umsatz sehr sehr gut tun.
Keine Woche ohne STTC News.
Bin gespannt was nächste Woche noch so alles kommt, abgesehen von dem Interview des CEO.
Wäre nett die 0,3$ bald anzugreifen, Farinella lässt sicher noch von sich hörn-
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Press Release Source: SoftNet Technology Corp.
SoftNet Technology Changes Name of German Subsidiary to SoftNet International GmbH and Begins Aggressive Expansion
Wednesday January 26, 9:30 am ET
BERNARDSVILLE, N.J., Jan. 26, 2005 (PRIMEZONE) -- SoftNet Technology (OTC BB:STTC.OB - News) (German WKN:A0B7RZ) today announces that the German Subsidiary Holtermann & Team GmbH has officially changed its name to SoftNet International GmbH and begins large-scale setup of sales for suppliers of products from Europe. Additionally, SoftNet International changes its fiscal year-end from March 31 to December 31 to be consistent with the whole company.
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WBU is in the process of finalizing arrangements with several major European manufacturers and suppliers for distribution of products from Europe to Europe. More than 150,000 products will be sold through SoftNet International from just the few suppliers that the German subsidiary is finalizing sales agreements with. These sales will be run through the Frankfurt based Subsidiary from a fulfillment center based in Frankfurt, Germany.
This expansion will greatly enhance sales well beyond the products that are currently being sold to Europe from the USA. Eventually, these European based products will be added into the WBU System here in the United States to provide a larger and better variety of products for sale World Wide through WBU. A start date for actual sales to be realized for the European based suppliers is expected in the next few weeks.
A new website is being developed for SoftNet International GmbH. The new website will be translated into several different languages and posted in several different countries. SoftNet is working diligently in preparing the year-end financials. It is now expected that the 10K filing will be completed sometime in February due to the acquisition of WBU and the German subsidiary this past year and this being the first audits ever performed on these two new subsidiaries.
Please visit our website at http://www.softnettechnology.com for more information or call the company directly at 866-898-4842 (local - 908-204-9911).
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 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.
Contact:
SoftNet Technology
James M Farinella
(908) 204-9911
Aggressive Expansion hört sich gut an. Hoffentlich übernehmen sieh sich damit nich.
Rating kann langfristig nur Strong Buy heissen.
Die Rakete wird hier bald wieder zünden.
SoftNet Technology's CEO Continues Purchases of STTC in the Open Market - Has Now Purchased More Than 1,300,000 Shares
BERNARDSVILLE, N.J.
SoftNet Technology
James M. Farinella, 866-898-4842
Local: 908-204-9911
www.softnettechnology.com
SoftNet Technology (OTCBB Symbol: STTC) announced today that the President and CEO continues to purchase more shares of STTC on the open market. Since the first week of the New Year, the CEO purchased an additional 60,000 shares of STTC at prices as high as $.215. Since August 18, 2004 the CEO/President has purchased over 1,300,000 shares of STTC in the open market.
The CEO mentioned that the technology and procedure changes made in December have enabled WBU to make advances in January that have exceeded his expectations. Additionally, the excitement is building over the rollout of the media blitz by TVA Productions. The media blitz is in the final stages of setup and should be started in the month of February.
It normally takes 30 to 45 days to see a jump in sales after certain portals are added and after new products are added. However, sales are starting to respond sooner than expected. Additionally, excitement by STTC's CEO about the Company's other wholly owned subsidiary, Solutions Technology, is also being cited as a reason for the purchases. Many developments with the SecureTime System have occurred that should result in actual sales being achieved soon.
"I buy stock in STTC not because of one day, one week or one month of activity within the Company but for what the future holds," stated Mr. James M. Farinella, CEO/President of SoftNet Technology. "What people fail to realize is we are just in the infancy stages as a company and great things are yet to come. I have made STTC the largest holding in my portfolio because of the long-term outlook of the company. "
Was mir super gefällt is, dass der CEO wirklich sehr überzeugt von dem Geschäftsmodell is, und das auch durch eigne Käufe bestätigt.
Selbst zu Kursen von 0,21$ kauft der noch Shares am offenen Markt, da is bestimmt hinter den Kulissen riesig was am laufen.
ich sehe hier keine grenzen nach oben. das dind hat sich in kurzer zeit verdreifacht & hat sich so erst warmgelaufen ;-)