SACRAMENTO, Calif., Oct. 9, 2009 (GLOBE NEWSWIRE) -- Yesterday, the IR firm for So Act Network Inc. (OTCBB:SOAN) distributed a widespread announcement in which it identified the Company as its newest emerging growth opportunity. In the process, an Agency inadvertently omitted the standard Forward Looking Statement, the phone number of the IR Agency and the correct contact number for the Company. The full body of the original Release and the corrections have been provided below.
Yesterday, NanoCap Gems named So Act Network, Inc. (OTCBB:SOAN) its newest emerging growth micro-cap opportunity and Featured Gem. NanoCap Gems creates marketability through its Featured Gem and Stock Spotlight strategic platform. To learn more about NanoCap Gems, please go to www.nanocapgems.com.
So Act Network, Inc. has launched a serious comprehensive networking web site, an internet search engine, and a unique suite of productivity tools in a private or public network (www.SoAct.Net). So Act is a highly compelling play in the Social Network space, having launched September 3rd, at 7 cents, and has recently traded as high as 2.00 dollars on October 7th. Considered the next phase of Social Networking, this company may give investors a compelling reason to get in on what many consider the next "Facebook", or the next "Twitter"! So Act's innovative technologies provide a global social network where its members are free to accomplish and promote all of their important goals without being subjected to spam or ads and without having their personal information used by marketers. So Act improves on the social networking theme by providing businesses and individuals with valuable productivity tools in a personalized, private format that enhance the overall web experience and save time and money for its users. Some of the tools that provide benefits to So Act members include:
* a communication platform that combines spam-free and ad-free
email, text and chat allowing users to maintain as many
always-on conversations as they desire;
* the ability to form groups that help build business, develop
new ideas, study and learn, promote causes, connect with
likeminded individuals;
* a high performance search engine that is ad-free and provides
only the top 10 results in the world;
* a media drive that allows members to upload, secure, and file
share every important file on their computer;
* a press club so members can share their important news with
their followers and the media;
. For more information, and to join free -- visit www.SoAct.Net.
About So Act Network, Inc.
So Act's innovative technologies provide a global social network where its members are free to accomplish and promote all of their important goals without being subjected to spam or ads and without having their personal information used by marketers. So Act improves on the social networking theme by providing businesses and individuals with valuable productivity tools in a personalized, private format that enhance the overall web experience and save time and money for its users.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve risks and uncertainties. These statements may include statements regarding stock-based compensation charges and our plans to invest in our core business and make significant capital expenditures. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, unforeseen changes in our hiring patterns and our need to expend capital to accommodate the growth of the business, as well as those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in our Annual Report on Form 10-K for the year ended December 31, 2008, which is on file with the SEC and is available on our investor relations website at SoAct.Net and on the SEC website at www.sec.gov. Additional information is also set forth in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, which is also on file with the SEC. All information provided in this release is as of September 8, 2009 and So Act Network undertakes no duty to update this information.
So Act is a registered trademark of So Act Network, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.