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Ingram Micro Enters into a Partnership to Distribute Sonasoft’s (SSFT) Email Archiving and eDiscovery Solution

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“Ingram Micro Enters into a Partnership to Distribute Sonasoft’s (SSFT) On-premise Email Archiving and eDiscovery Solution”

SUMMARY

Sonasoft Corp. (OTCPK: SSFT) announced that Ingram Micro has entered into a partnership with Sonasoft to distribute SonaVault On-premise Email Archiving and eDiscovery Solution.

FOR IMMEDIATE RELEASE

(As published on GlobeNewswire)
June 23, 2016 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in archiving, eDiscovery software, and professional services, announced that Ingram Micro has entered into a partnership with Sonasoft to distribute SonaVault On-premise Email Archiving and eDiscovery Solution.

“Ingram Micro is the world’s largest distributor of computer and technology products and services”, said Andy Khanna, President and CEO of Sonasoft. “We are excited to enter into this partnership because we forecast that it will have a significant impact to our business growth. Sonasoft will announce further developments in the near future.”

To learn more about SonaVault Email Archiving and eDiscovery Software Solutions:

http://www.sonasoft.com/products/sonavault-email-archiving-software/

About Sonasoft

Sonasoft Corporation is a publicly traded corporation and is listed on the OTC Markets with the trading symbol SSFT. Sonasoft’s core business model includes enterprise-class email archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms. Sonasoft’s signature products for eDiscovery tools, which include SonaVault Email Archiving and eDiscovery Software, as well as SonaVault Email Archiving Appliances, deliver affordable enterprise-level functionality that exceeds compliance and ease-of-use requirements of small and medium-sized businesses, governments, school districts, organizations, and enterprises. Sonasoft recently expanded its product offering to include email archiving in the cloud as well as data export and migration services for competing archiving solutions. Sonasoft email archiving and eDiscovery solutions have hundreds of deployments with an exceptionally high degree of customer satisfaction. Founded in 2003, the company is headquartered in San Jose, California.

For more information about Sonasoft’s email archiving solutions and business continuity software, contact:

Andy Khanna, President and CEO
Sonasoft Corporation
Phone: (408) 708-4000
Source: http://www.sonasoft.com

# # #

Forward-looking Statements

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Posted in: In the News, Press Releases

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MicroCap Review Featured Company Profile on Sonasoft

In its Winter/Spring 2016 edition, MicroCap Review, “The Official Magazine of the MicroCap Stock Market Since 2006” featured a company profile of Sonasoft, which may be downloaded here:

Download the MicroCap article on Sonasoft

The published text is as follows:

Foundation and Vision
Sonasoft Corporation (SSFT) was founded in 2002 by Silicon Valley veteran, Andy Khanna, with the mission to invent solutions that would simplify, automate, and guarantee accuracy in business continuity software for the small and medium-sized enterprises (SME). In addition to prior executive roles in the software industry, Andy demonstrated innovative leadership by being first to market with a portable GPS navigation system. At the Consumer Electronics Show (CES) in 1998, Bill Gates chose this product to hold in his hand on stage to demonstrate the future in technology.

Sonasoft soon delivered a revolutionary disk-to-disk backup and recovery solution for Microsoft Exchange Server, Microsoft SQL Server, and Windows File Systems. The company subsequently added an email archiving and eDiscovery solution. Then as now, the company chose ease of implementation with enterprise-class features that solved customers’ real needs.

Sonasoft Today
Sonasoft made a strategic decision to focus on a rapidly emerging industry need for an archival and eDiscovery solution. Growing legal, governance, and regulatory requirements demand easy implementation, secure archiving of big data, and instant retrieval of information.
(more…)

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SNNLive spoke with Andy Khanna, Founder and CEO of Sonasoft Corp. (OTC: SSFT) at the LD Micro “Main Event” 2015 in Bel Air, CA.

Sonasoft Corporation (OTC: SSFT) core business model includes enterprise-class email archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms, according to the company’s website (see here: www.Sonasoft.com). SNNLive spoke with Andy Khanna, Founder and CEO of Sonasoft Corp. at the LD Micro “Main Event” 2015 in Bel Air, CA.

In this video interview, Mr. Khanna and our host discuss the following topics:

  • Overview of Sonasoft Corporation
  • Describes the compliance marketplace – the need for public companies to have fully compliant email and software solutions

[ Read the Full Story at StockNewsNow.com ]

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Sonasoft’s Move into Banking Could Pay Big Dividends

As published on The OTC Investor on April 16, 2015 by Ryan Allway:

Sonasoft Corp. (OTC Pink: SSFT), a leader in enterprise email archiving and eDiscovery solutions, recently announced the hiring of James McDonald as a sales representative. With over 40 years of experience in information technology sales, Mr. McDonald has extensive experience working with financial institutions to install critical software solutions, such as Core Accounting Systems (“CAS”), proof of deposit, imaging, networking, migrations, and similar systems.

“Sonasoft could not have found a better person to be our account representative for regional banks and credit unions,” said Sonasoft President & CEO Andy Khanna in a recent press release announcing the new hire. “Mr. McDonald is one of those rare, talented professionals that not only knows the nuts and bolts of technology, but also has the persuasion skills to convey the bottom line value Sonasoft’s email archiving and eDiscovery solutions bring to the financial sector.”

Investors may want to look beyond the surface of this announcement to grasp the real potential ahead for the company via its move into the banking sector.

Banking’s Big Opportunity

Sonasoft’s move into the banking sector represents a savvy play that could pay off significantly over the coming years. With a growing need for email archiving and eDiscovery – especially since financial institutions are required by law to have these solutions in place – the company’s products fill a key void in the market for a competitively priced enterprise class solution backed by a top-notch customer support team to help with installation and answering any questions.

Continued…

[ Read the Full Article on The OTC Investor ]

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Undiscovered: Sonasoft’s Success Story in the eDiscovery Market

As published on The OTC Investor on April 8, 2015 by Ryan Allway:

There is little doubt that we live in a litigious society, especially when it comes to large corporations. According to Forbes, 5,000 lawsuits are filed against Wal-Mart Corporation (NYSE: WMT) each year, which amounts to 17 lawsuits for each working day. Governments are no exception: The New York Police Department alone gets sued an average of 10 times each day, according to Gothamist.

With many lawsuits hinging on evidence from communications, the market for email archiving – software used to store and easily access corporate or governmental email communications – has skyrocketed. Transparency Market Research projects that the global e-Discovery market will grow at a 15.4% clip through 2017 to reach nearly $10 billion in size, driven by increased litigation and the need for records.

Sonasoft Corp. (OTC: SSFT) is a leader in email archiving and e-Discovery software solutions that doubled its revenue last year and registered a profit on the bottom line – a rare occurrence in the world of micro-cap stocks trading over-the-counter. In this article, we’ll take a look at why investors may want to take note of the company moving forward.

Continued…

[ Read the Full Article on The OTC Investor ]

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Sonasoft (SSFT) Announces Plans to Uplist Company to OTCBB

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“Sonasoft Plans to Uplist Company to Over-the-Counter Bulletin Board (OTCBB).”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) announced that it has engaged in a two-year audit to uplist to the Over-the-Counter Bulletin Board.

FOR IMMEDIATE RELEASE

(As published on GlobeNewswire)
March 6, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT) (the “Company”), a leader in business continuity software solutions and services, announced that it has engaged with MaloneBailey, LLP for a two-year audit. Once the two-year audit is complete, the Company will announce its year-end results and intends to uplist from the OTCPink (OTCPK) to the Over-the-Counter Bulletin Board (OTCBB). This two-year audit is expected to be completed during the second quarter of this year.

“Sonasoft is fully committed to add shareholder value and raise the necessary capital to bring the company to the next level”, said Andy Khanna, President and CEO of Sonasoft Corp. “We commenced in a two-year audit in December 2014, and we expect to complete this audit during the second quarter of this year. Once Sonasoft is listed on the Over-the-Counter Bulletin Board (OTCBB), we anticipate opportunities that could help our company raise additional capital to expand our product lines of email archiving, eDiscovery, and business continuity solutions. Sonasoft’s management team is committed to good corporate governance, and our engagement to a two-year audit is just the next logical step.”

The completion of this audit is subject to due diligence. There can be no assurance that such endeavor will be completed.

To view Sonasoft’s (SSFT) financial statements and other filings or disclosures on OTC Markets:

http://www.otcmarkets.com/stock/SSFT/quote
(more…)

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Sonasoft (SSFT) Reports Fourth Quarter (Q4) Results; Revenue Rose 160 Percent from the Previous Quarter

SonaVault Email Archiving & eDiscovery Done Right
“Sonasoft Reports Fourth Quarter (Q4) Results; Revenue Rose 160 Percent.”

SUMMARY

Sonasoft Corp released its Fourth Quarter (Q4) financial results. Revenue has increased by 160 percent from third quarter of 2014 and has increased by 217 percent from the Fourth Quarter 2013. This growth is accounted for by the increased sales in Sonasoft’s products and a significant increase in Sonasoft’s professional services.

FOR IMMEDIATE RELEASE

(As published on GlobeNewswire)
February 18, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in Email Archiving and eDiscovery Solutions, announced its financial results for its fiscal 2014 Fourth Quarter (Q4). Sonasoft Corp posted quarterly revenue of $401,000. Sonasoft’s revenue grew by 160 percent when compared to the $150,000 in revenue from its previous quarter, Q3 2014. Compared to the same quarter last year, Q4 2013, the Company’s revenue is up by 217 percent.

“On January 7, 2015, we communicated to the market that Sonasoft projected an increase of 135 percent in Q4 from the previous quarter”, said Andy Khanna, President and CEO of Sonasoft. “After finalizing our financials, we exceeded our previous estimate and grew by 160 percent from our previous quarter and over 200 percent from the Fourth Quarter of 2013. Sonasoft’s professional services have fueled this growth. We saw a significant increase in demand for our Microsoft Exchange Server Migrations. Customers who were on Microsoft Exchange Server 2003 and 2007 wanted to obtain the performance and security benefits of Microsoft Exchange Server 2010 and 2013. Sonasoft now will invest heavily in sales and marketing to continue its financial momentum through the upcoming quarters.”

To view Sonasoft’s (SSFT) Q4 Financials and other filings and disclosures on OTC Markets:

http://www.otcmarkets.com/stock/SSFT/quote
(more…)

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