SOURCE: Trey Resources, Inc.

February 07, 2011 10:04 ET

Trey Resources Closes Large Transaction

Sale Valued at Over $181,000

LIVINGSTON, NJ--(Marketwire - February 7, 2011) - Trey Resources, Inc. (OTCBB: TYRIA) announced today that the company's wholly owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software for manufacturers and distributors, has closed on a software sale valued at over $181,000. 

The transaction involves the sale of Sage Software's MAS 200 financial accounting software and attendant consulting services.

Mark Meller, CEO of Trey Resources, stated, "We are pleased to announce the closing of this transaction. Our sales and marketing efforts are gaining traction, and we are very excited about our prospects for the balance of 2011." 

Jeffrey D. Roth, CEO of SWK Technologies, said, "Our company's reputation for depth of expertise, talent, quality and service has placed us in the enviable position of quoting on ever more significant opportunities. Sales momentum continues at a record pace, and we look forward to announcing more exciting deals in the very near future."

About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller@swktech.com

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

Contact Information

  • Contact
    Trey Resources
    CEO Mark Meller
    (973) 758-9555
    Email Contact