SoftSource Corp. Launches New Non Profit Division under Rahul Mahna


NEW YORK, July 21, 2005 (PRIMEZONE) -- SoftSource Corp. (www.softsourcecorp.com), a provider of IT services for 20 years in New Jersey, has revealed a new software line of products focused on delivering software solutions via the web, at affordable pricing. A seasoned veteran in the IT sector, Rahul Mahna has been charged to lead this division focused only on Non Profits and Education. The new division called NEACT (www.neact.com) is keen on delivering key software solutions under an ASP model. This allows education and non profit organizations to use cutting edge technology without having to incur the large upfront costs typically associated with software deployments. All software is loaded and hosted at SoftSource data centers and thus requires no software or hardware from any of its clients. All of the solutions are a pay for use model, or a flat monthly fee with little startup fees. "We are pleased to offer a whole suite of new products and software geared at only the Non Profit/Education sector. This area is widely underserved as many believe there are no finances to support new deployments. We have found that this is total fallacy. There is actually a huge need, yet most IT organizations look for the quick big deals. We are working on long term relationships and with the proper approach to financing as we have, a fantastic long-term partnership can be realized," said Rahul Mahna.

Mr. Mahna has had previous experience in education when as a founder of an internet startup Hifusion. This organization was geared at producing educational materials online and was later sold to Sylvan Learning Systems. He is a graduate of Lehigh University, Columbia University and holds an MBA from Kellogg School of Business (Northwestern University).

About SoftSource Corporation

Founded in 1984, SoftSource (www.softsourcecorp.com) and its parent company CSM (www.csm-corp.com) have focused on delivering software and hardware solutions to the tri-state area. The organization has numerous awards and certifications from leading vendors such as: HP, IBM, Enable, Techdata.



            

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