SoftNet Technology Announces Expansion Into Lucrative Metro DC Market


ISELIN, N.J., March 19, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN: TG6) has announced that the Company has established an office in the lucrative Washington, DC, metro area market.

"SoftNet's expansion into the DC metro market is consistent with the Company's long term strategy for organic growth. The area has been a prime expansion target based on the Company's existing national agreements and the large IT community based in the DC-Dulles corridor," said Bill Raby, National Director, Telco/Enterprise Practice.

A new Branch Sales Manager, Andrew Clark, will staff the DC area office.

"The Company was very fortunate to secure the services of a talented sales executive after a long and thorough selection search. Mr. Clark brings to the Company numerous local contacts and established relationships in the IT community. Establishing a physical presence in this market will enable SoftNet to better execute on our existing national agreements and secure new, incremental engagements. In fact, the Company has already realized the benefits of this new office by securing an engagement with a nationally known IT organization," reported Mr. Raby.

Mr. Clark brings over 15 years of sales, marketing, recruiting, and management experience. Prior to joining SoftNet, Mr. Clark held the position Vice President of Vistech Systems before becoming the Director of IT Staffing and Solutions for SPS Technologies. He most recently worked as a senior business consultant, supporting various local IT services organizations, such as ITT Industries, Verizon Federal Network Systems, and NCI Information Systems, Inc. Mr. Clark is a graduate of the University of Central Florida and is currently pursing an MBA.

Please visit our website at http://www.softnettechnology.com for more information. For Investor Relations, please contact James Booth, CEO, at 908-212-1799, option 7.

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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.



            

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