Seamless Technology, Inc. (Other OTC: SLSX.PK) is pleased to announce a well-respected firm TSC, has upgraded their equity rating on SLSX. This strong upgrade comes at a time when the company announced the signing of their first revenue sharing on-line sales agreement with a manufacturer and distributor. Management anticipates a surge in revenues to exceed $5 million in 2006 and $10 million in 2007. The upgrade is also due in part to Seamless Technology opening a new office in Lima, Peru in order to expand internet sales in Latin America. According to Internetstats.com, in 2005 there were 54 million internet users in South America. Currently, Latin America is experiencing double and triple digit growth rates in broadband, Wi-Fi and VoIP. TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com or visit: http://www.seamlesstech.com. Mr. David Langle, Chief Operating Officer of Seamless Technology states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction". Mr. Langle further stated, "We anticipate 2006 to be a record year for our company. Currently one of our subsidiaries is already experiencing a back log of orders in excess of $1.3 million including 2 contracts from the US Army. Other clients include Dow Chemical, Johnson and Johnson and Volvo Trucks. Based on our recently successful launch of our E-Commerce Shopping Cart, we also expect to sign agreements with a minimum of 20 new clients in 2006 resulting in additional revenues of $5 million in 2006 and $10 million in 2007. About Seamless Technology Inc.: Seamless Technology is a public holding company for 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. Forward-Looking Statements: This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
Hubb Ventures (PK) (USOTC:HUBV)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Hubb Ventures (PK) Charts.
Hubb Ventures (PK) (USOTC:HUBV)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Hubb Ventures (PK) Charts.