SOURCE: Wall Street News Alert

March 31, 2005 08:53 ET

Wall Street News Alert: STTC Generates Record One Month and One Quarter Revenue!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- March 31, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: SoftNet Technology Corporation (OTC BB: STTC), Qualcomm, Inc. (NASDAQ: QCOM), Symantec Corporation (NASDAQ: SYMC) and Intel Corporation (NASDAQ: INTC).

Aggressive investors and day traders should be watching SoftNet Technology Corporation (OTC BB: STTC) this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has and will generate more revenue than ever recorded in a 30-day period for the month of March. Additionally, the company will also record more revenue, in the first quarter, than ever recorded in any one Quarter before.

This could be great news for investors! Two of SoftNet Technology's wholly owned subsidiaries, Indigo Technology and WholesaleByUs, have ramped up their operations in the past 90 days to accelerate revenues at a quickened pace. Each of these two subsidiaries will generate their best performance, for one quarter (this first quarter), in their respective histories. More impressive is that Indigo and WBU each will have generated more than 50% of their total revenues for the quarter in just the month of March. SoftNet Technology as a company is expected to generate approximately $200,000 in sales for just the month of March -- the best one month in the history of STTC.

STTC's wholly owned subsidiary, (WBU), individually will generate record revenues for the month of March. Total Internet sales will far exceed $150,000 for the month. More astonishing is the fact that more than two thirds of the revenues generated in March were generated in the second half of the month. This is made possible from all of the technology and procedure changes that were made in December 2004 and January 2005.

Investors continue to watch this one! In other Company news -- STTC subsidiary Solutions Technology has hired sales people in an initial effort to begin a large-scale rollout of the SecureTime System. Final programming adjustments are being made as well for SoftNet International GmbH in preparation of turning the WBU System live in foreign countries with products for sale from those foreign jurisdictions. The Media Blitz with TVA productions has begun and will ramp up and be in full swing over the next 30 days.

For more in-depth coverage of SoftNet Technology, visit

The stock closed yesterday at around Twenty-One cents a share.

In case you are not familiar with the company: SoftNet Technology is a publicly traded company with wholly owned subsidiaries -- including Wholesalebyus, Solutions Technology and Indigo Technology.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Qualcomm, Inc. (NASDAQ: QCOM) up 3.2% on 18 million shares traded, Symantec Corporation (NASDAQ: SYMC) up 3.2% on 17.3 million shares traded and Intel Corporation (NASDAQ: INTC) up 1.4% on 62.4 million shares traded.


"The Expectations Index, one part of the consumer confidence report put out by the Conference Board, measured the outlook from consumers for the next 6 months, declined last month from 96.1 to 93.7; those little costs, like gasoline, are starting to add-up," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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