Contact Information: For more information, contact: Trey Resources CEO Mark Meller (973) 758-9555 www.treyresources.com
Trey Resources Closes Another Large Software Transaction
| Source: Trey Resources
LIVINGSTON, NJ--(Marketwire - September 4, 2008) - Trey Resources, Inc. (OTCBB : TYRIA )
announced today that the company's wholly owned subsidiary, SWK
Technologies, Inc., the premier total solutions provider specializing in
business software for manufacturers and distributors, has closed on a large
software transaction valued at roughly $50,000.
The transaction involves the sale of Sage Software's MAS 500 financial
accounting software, together with attendant implementation, training, and
support services. The customer is a large healthcare provider.
Lynn K. Berman, President of SWK Technologies, stated, "We are very excited
to announce the closing of this transaction. We previously announced that
we expect more and larger new MAS 500 transactions, and we are living up to
that commitment. Our sales pipeline is deep, and continues to grow, in
spite of the difficult economic environment."
Mark Meller, CEO of Trey Resources, said, "Sales continue to close at a
record pace. Our marketing strategies are working well, and the company's
websites at www.swktech.com and www.mapadoc.com have been instrumental in
raising the company's profile. We are all very excited about the prospects
for the balance of the year, and we look forward to announcing even more
exciting deals in the very near future."
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology
and software companies. The Company's growth strategy is to acquire firms
in this extensive and expanding, but highly fragmented segment, as it seeks
to create substantial value for shareholders. Since June 2004, Trey has
acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen
Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit
www.treyresources.com, www.swktech.com, www.mapadoc.com, or contact Trey
Resources CEO Mark Meller at (973) 758-9555 or by e-mail at
mark.meller@swktech.com.
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, regarding among other things our plans,
strategies and prospects -- both business and financial. Although we
believe that our plans, intentions and expectations reflected in or
suggested by these forward-looking statements are reasonable, we cannot
assure you that we will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to risks,
uncertainties and assumptions. Many of the forward-looking statements
contained in this news release may be identified by the use of
forward-looking words such as "believe," "expect," "anticipate," "should,"
"planned," "will," "may," "intend," "estimated," and "potential," among
others. Important factors that could cause actual results to differ
materially from the forward-looking statements we make in this news release
include market conditions and those set forth in reports or documents that
we file from time to time with the United States Securities and Exchange
Commission. All forward-looking statements attributable to Trey Resources,
Inc. or a person acting on its behalf are expressly qualified in their
entirety by this cautionary language.