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Welcome [Sign In] To track stocks & more, Register Financial News Enter symbol(s) BasicPerformanceReal-time MktDetailedChartResearchOptionsOrder Book Symbol Lookup Press Release Source: T & G2 T & G2: STTC Wholly Owned Subsidiary, WholesaleByUs, Increases Current Product Offering Potential To 100,000-Also Expands Fulfillment Center Tuesday August 10, 8:30 am ET BERNARDSVILLE, N.J.--(BUSINESS WIRE)--Aug. 10, 2004--T & G2 (OTCBB:STTC - News) announced today that WholesaleByUs (WBU) has made technological advancements that will now allow the company to increase its product offering to a potential 100,000 products at no additional cost. WBU has only offered about 150 products for sale up to this point. Now they have made it possible to increase the company`s current product offering to a potential 100,000 products on other websites on the Internet. It is expected real soon that further technology advancements will allow WBU to offer for sale an almost unlimited number of products for sale over the Internet. Additionally, a new fulfillment center is in the process of being established in the southwest of the United States. This will not only allow for the Company to handle the current sales increases, but will put into place an ability to support the dramatic increases in sales that are expected over the next 6 months. The estimates of over $150,000 in revenue by year-end and $500,000 per month by the end of 2005 will happen much quicker. WBU carries very little inventory. It is the technology that facilitates the sale of other company`s products on the Internet. STTC will provide sales figures for July in the next week and projections as well for the coming months. 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. -------------------------------------------------------------------------------- Contact: SoftNet Technology Corp James M. Farinella CEO 866-898-4842 or (local - 908-204-9911) www.softnettechnologycorp.com |
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| aus der Diskussion: | Raider heißt jetzt Twix - aus TTGG wird STTC |
| Autor (Datum des Eintrages): | USTrader (10.08.04 15:48:42) |
| Beitrag: | 5 von 358 (ID:13999510) |
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