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Press Release Source: SoftNet Technology Corp. SoftNet Subsidiary Continues Its March Toward 100,000 Products Offered On eBay.com and Amazon.com Thursday October 21, 1:00 pm ET SoftNet CEO Acquires 55,000 Additional STTC Shares: Total Now 882,000 BERNARDSVILLE, N.J., Oct. 21, 2004 (PRIMEZONE) -- SoftNet Technology (OTC BB:STTC.OB - News) (German WKN#:A0B7RZ) announced today that WholesaleByUs, LLC (WBU) again increased its product offering on Amazon.com and eBay.com. Over the past 45 days, WBU has grown from offering just 150 products on eBay.com to well over 10,000 products on Amazon.com and eBay.com. Additionally, SoftNet Technology`s CEO purchased an additional 55,000 yesterday bringing total purchases to 882,000 shares. ADVERTISEMENT This week, WBU took the top selling items from the WholesaleByUs product line selling on eBay and added these top products to the 10,000 WBU products already for sale on Amazon.com. WBU`s product offering has increased approximately 7,000% in the past 30 days. In the next few months, it is expected that WholesaleByUs will increase the number of products it has for sale to as many as 100,000. Distribution and sale of manufacturer, supplier and retail outlet products utilizing the WBU technology for distribution and sale dramatically increases awareness and visibility for these products through different portals on the Internet. WBU`s revolutionary technology allows the companies that supply the products for sale through the WBU system to benefit from increased product offerings at no additional cost. SoftNet Technology also announced today that its CEO continued to purchase STTC shares in the open market this week. After the announcement on Tuesday that he made purchases in the open market, the CEO acquired additional shares. Then again on Wednesday he made further purchases in the market at prices as high as $.083. This brings the total purchases by the CEO/President to 882,000 shares of STTC acquired in the open market. Form 4`s have been filed as required with the SEC and can be viewed by going to the Company`s website http://www.softnettechnology.com. Then, click on the link for SEC Filings 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) 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 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: James M. Farinella, CEO (866) 898-4842 (908) 204-9911 - local -------------------------------------------------------------------------------- Source: SoftNet Technology Corp. Quelle: http://biz.yahoo.com/pz/041021/66034.html |
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| aus der Diskussion: | Raider heißt jetzt Twix - aus TTGG wird STTC |
| Autor (Datum des Eintrages): | worsel_L2 (22.10.04 14:03:59) |
| Beitrag: | 142 von 358 (ID:14828548) |
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