ISELIN, N.J., July 19, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN: TG6) announced today a strategic addition to the Company's core IT Infrastructure Consulting practices. SoftNet has established an Application Delivery Practice which is synergistic to the core business and creates opportunities for additional cross selling and comprehensive client business.
Leading the newly created practice will be Kevin Remley, Vice President - Application Delivery. Mr. Remley is uniquely qualified to fill this role through past experience and technical expertise. He has substantial experience gained from senior level assignments with world class organizations such as JP Morgan, Morgan Stanley and Ernst & Young. He possesses an MBA from Wharton and a BS degree from Lehigh University. In addition, he has successfully started two separate Professional Services companies providing solutions to Global 1000 companies, leading each to sustained revenue growth and profitability.
"Application Delivery is not a totally new business for SoftNet. The Company has completed a limited number of engagements in the past. Based on these successful projects, the lucrative market opportunity, and the ability to provide additional services to our clients, made this an easy decision. Application Development and Delivery touches all of the Company's existing practices and projects providing new opportunities for cross selling," said Jim Booth-CEO.
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