SOURCE: Seamless Technology

August 22, 2006 09:00 ET

Jose B. Solorzano Named Interim President of Seamless Technology's E-Commerce Subsidiary

Sales and IT Executive to Lead, Re-Engineer and Expand Markets for MerchandiZer Software

MIAMI, FL -- (MARKET WIRE) -- August 22, 2006 -- Seamless Technology Inc. (PINKSHEETS: SLSX) (www.seamlesstech.com) -- a leading technology provider of e-business solutions announced today that it expanded and reassigned Jose B. Solorzano to serve as Interim President of its e-commerce and software subsidiary MerchandiZer Software, Inc., replacing Krister Martinez, the subsidiary's previous president. Solorzano recently joined Seamless Technology as its Vice President and Director of Sales and Marketing.

As interim president of MerchandiZer, Solorzano will oversee all of the software division's shopping cart research and development and technology efforts as well as strategies to market and expand its customer base globally, as well as manage MerchandiZer's staff. Solorzano will work closely with Seamless Technology Chief Operating Officer and Chief Financial Officer, David Langle, in the reorganization and transformation of Merchandizer into a premier provider of e-commerce platforms built on strong strategic partnerships with various payment methods, online marketing and scalable sales infrastructure, and value-chain maximization with leading edge e-market technologies.

Before joining Seamless in April 2006 as VP and Director Solorzano worked for Coca Cola, Nicaragua followed by 5+ years at Ford Motor Company in the US, Europe and Mexico. He has held positions as an IT Operations Director for The Argus Group ($300 Million + in Revenues) and Business & Marketing Director for Aganorsa, a Food & Beverage Conglomerate in Central America, and a variety of successful marketing and business consulting engagements including; Laboratorios SOLKA, a major pharmaceutical manufacturer in Central America and Miami Dade College. Solorzano holds a bachelor's degree in Manufacturing Engineering from Miami University of Ohio and obtained an MBA from The University of Florida, with concentrations in Marketing, International Business Management, Decision Information Sciences, and e-Commerce.

"We are thrilled to be promoting from within as we continue to shape our organization and are excited about Jose's new critical role with MerchandiZer," said Seamless CEO Borys Rafalowicz in a statement. "Jose has over 12 years of experience in sales, IT operations and marketing, specifically in the areas of ecommerce. MerchandiZer will continue to benefit from his demonstrated record of leadership of technical teams, sales and marketing expertise and commitment to customer service."

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ABOUT SEAMLESS TECHNOLGY INC.:

Seamless Technology is a publicly traded holding company that focuses on the acquisition, development and operating of Internet based technology companies. It presently owns two established technology companies with excellent industry name recognition and reputations. The Company has located other synergistic businesses that it intends to acquire prior to the end of 2006, subject to completion of financing. At December 31, 2006 Seamless had consolidated net shareholders equity of approximately $3,500,000 and is debt free.

The first subsidiary owned by Seamless is Pinneast Inc. (www.pinneast.com), an eleven year-old e-Learning services provider which offers custom web based learning and education, learning management systems, LMS hosting, off the shelf courses and e-Learning technical support. Unlike its competitors, who offer a product that is one size fits all, Pinneast is capable of designing e-Learning products that are tailored to the specific needs of each client. The Company has a present order backlog including contracts from the US-Army and was selected as part of a defense contractor team for the United States Army's Distributed Learning Education and Training Products (DLETP) program. The total contract is estimated at a total value of $483 million over the next five years. Other customers of Pinneast include Dow Chemical, Wachovia, Citigroup, First Data, California Courts, and GlaxoSmithKlein, among others.

The second subsidiary owned by Seamless is MerchandiZer Software, Inc. (www.merchandizer.com), a seven year-old e-Commerce software company and service provider of end-to-end online storefront and shopping cart services for small to medium-sized companies that want to expand their marketing presence on the Internet sales channel. Over the years the Company's software has been awarded various industry recognition awards, and includes custom design features such as templates that enable web designers to customize sites, as well as an exclusive Internet marketing feature that allows the merchants/clients to optimize their entire catalog for search engines. The software has also been recently reengineered to be highly scalable and meet the demands of exponential growth. The Company primarily services small to medium businesses and its clients include brand name companies such as Dole Plantations, Total Discount Vitamins, Go-To Forms and Kids Customs.

FORWARD-LOOKING STATEMENTS:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; the Company will appropriately inform the public.

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