SoftNet Technology Receives HP Extension, CompUSA TechPro Business Provider Status


ISELIN, N.J., April 30, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN:TG6) announced today two significant developments that have a positive impact on current and future business.

SoftNet's Small-Medium Business (SMB) practice was notified of its selection as a TechPro Business Provider by CompUSA. This selection by CompUSA is significant in that the Company was selected from over 10,000 service providers nationwide to deliver top-notch business solutions. Selection as a TechPro Business Provider will enable SoftNet to benefit from CompUSA generated sales leads, additional service opportunities and access to discounts through CompUSA Business.com channel.

"We are pleased by the significance of this selection. The TechPro status recognizes SoftNet as a top tier business provider having been selected from a group a thousands of providers. It strengthens the existing relationship with CompUSA and further differentiates SoftNet's SMB practice in the market place," reported Greg Geodakyan, Lead Technical Manager.

Additionally, HP has notified the Company of an extension to the Business Development Partner Agreement through May 31, 2009. "The extension reflects the sound business working relationship between HP and SoftNet. While SoftNet's SMB solutions can be configured on nearly any server, the machine of choice by the client has clearly been HP. We are pleased to receive this important extension," said Steve Henry, Vice President.

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