SoftNet Technology Announces New Clients, Expanded North American Presence


ISELIN, N.J., Oct. 1, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN: TG6) announced today that it had secured several new clients, expanded its North American presence and continued optimism for future record breaking growth.

The Company secured new services agreements and engagements from a European based Network Management Company, for service to be supplied in the U.S., and a VAR with extensive contracts in the lucrative government sector. Additionally, the Company was successful in capturing new, incremental, engagements in Canada.

"This is great news for SoftNet as it is an indication of future revenue. Through these new clients, and existing ones, the Company already has five new projects beginning in October. In addition, the Company is close to securing new clients with anticipated agreements pending final approval over the next few weeks," said Jim Booth-CEO.

Please visit our website at www.softnettechnology.com for more information or for Investor Relations; please contact the company directly at 908-212-1799, or Jim Booth-CEO, 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 obligation 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.

SoftNet Technology Corp. www.softnettechnology.com


            

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