ISELIN, N.J., Sept. 11, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN#:A0B7RZ) is pleased to announce that they have achieved another sales record in August. Revenue for the month, on a preliminary and unaudited basis, approached $900,000. This is more than a 35% increase over the same comparable period in 2006.
"The results for August are particularly satisfying. Even after adjusting for the PeriNet acquisition the revenue growth increased nearly 25%. Through the combined efforts of the sales and operating teams, the Company achieved extraordinary results during a traditionally slow period. Growth continues to be solid in the Company's core business; consulting and project management in IT Infrastructure. Demand for the Company's services remains strong across our commercial, education, Federal client base, and hardware providers continue to leverage our solutions in support of their ongoing upgrades to their products and systems. We see no softness in the core business markets we traditionally focus on and perspective client interest in the Application Delivery Practice looks promising," said Jim Booth, CEO.
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