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Sonasoft (SSFT) Reports Second Quarter Results; Revenue Up by 50 Percent

SonaVault eDiscovery Software and eDiscovery tools
“Sonasoft’s revenue is up by 50 percent”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) released its second quarter (Q2) 2016 financial results; revenue is up by 50 percent compared to last year’s second quarter (Q2 2015).

FOR IMMEDIATE RELEASE

(As published on Market Wired)
August 11, 2016 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in on-premise and cloud eDiscovery software and email archiving solutions, announced its financial results for its second quarter (Q2) in fiscal year 2016. Sonasoft Corp booked quarterly revenue of $210,000 in Q2 2016, which is a gain of 50 percent over last year’s second quarter (Q2 2015) revenue of $140,000. During the first six months of 2016, Sonasoft’s revenue growth was 28 percent compared to the same period of 2015.

“Sonasoft has now grown organically for the past several quarters”, said Andy Khanna, President and CEO of Sonasoft. “Sonasoft also reached several milestones in Q2. We added Outlook-like folder structure views to our SonaVault Email Archiving and eDiscovery Software Solution. This innovative feature allows end users to view their archived email in the same folder structure as their Microsoft Outlook folders. The market is expected to respond favorably to this and other enhancements. Sonasoft also entered into a partnership with Ingram Micro, the world’s largest distributor of computer and technology products and services, to distribute SonaVault On-premise Email Archiving and eDiscovery Solution. Our next-generation cloud-based archiving and eDiscovery solution is near ready for release. SonaCloud 2.0 will be the industry’s first customizable platform that can be hosted in the cloud, on-premise as a private cloud, or as a hybrid solution. From these initiatives, Sonasoft has confidence that it is likely able to continue this growth in the quarters ahead.”

To be informed of Sonasoft Corp’s (SSFT) finances on OTC Markets:

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

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

SonaVault Email Archiving & eDiscovery Done Right
“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.

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Sonasoft (SSFT) Reports First Quarter Results; Continues Growth

SonaVault eDiscovery Software and eDiscovery tools
“Sonasoft continues to execute with steady growth.”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) released its first quarter (Q1) 2016 financial results.

FOR IMMEDIATE RELEASE

(As published on OTC Markets)
May 3, 2016 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in business continuity software solutions and professional services announced its financial results for its first quarter in fiscal year 2016. Sonasoft Corp booked quarterly revenue of $210,173, which is a gain of 13 percent over Q4 2015 revenue of $185,779. The order backlog from Q1 includes $42,600 of migration services which will be completed in next quarter and will be recognized as revenue in Q2 2016.

“Sonasoft continues to execute with steady growth”, said Andy Khanna, President and CEO of Sonasoft. “Sonasoft has now grown continuously for the past seven quarters. Demand for our professional services continues to contribute significantly to our overall performance. The outlook to sustain Sonasoft’s recent financial progress in subsequent quarters looks promising.”

To be informed of Sonasoft Corp’s (SSFT) finances on OTC Markets:

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

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StockNewsNow.com Publishes New SNNLive Video Interview with Sonasoft Corp.

SonaVault Email Archiving & eDiscovery Done Right
“StockNewsNow.com Publishes New SNNLive Video Interview with Sonasoft Corp.”

FOR IMMEDIATE RELEASE

(As published on Marketwired ) January 5, 2016 – Los Angeles, California, StockNewsNow.com, The Official MicroCap News Source™, today published an SNNLive Video Interview with Andy Khanna, Founder and CEO of Sonasoft Corp. (OTC PINK: SSFT), an email archiving and eDiscovery solutions company, as well as business continuity software and services, according to the Company’s website (see here: www.Sonasoft.com). The video interview was recorded at the LD Micro “Main Event” on December 3rd, 2015 in Bel Air, CA.

Click the following link to watch the SNNLive Video Interview on StockNewsNow.com:

Sonasoft Corporation — Enterprise-Class Email Archiving, eDiscovery, and Business Continuity Software Solutions


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MaloneBailey, LLP, Completes a Two-Year Audit of Sonasoft’s (SSFT) Accounting Books

SonaVault Email Archiving & eDiscovery Done Right
“Sonasoft is fully dedicated to add shareholder value.”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) announced that MaloneBailey, LLP, a certified public accounting firm, has completed a two-year audit of Sonasoft’s accounting books.

FOR IMMEDIATE RELEASE

(As published on GlobeNewswire)
October 28, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), (the “Company”), an innovative leader in email archiving and eDiscovery solutions as well as business continuity software and services, announced that MaloneBailey, LLP, a certified Public Company Accounting Oversight Board (PCAOB) firm, has completed a two-year audit of Sonasoft’s accounting books for the fiscal years ended December 31, 2013 and 2014.

“Sonasoft is fully dedicated to add shareholder value”, said Andy Khanna, President and CEO of Sonasoft Corp. “The completion of our audit is a major milestone and reflects on Sonasoft’s commitment to this value. With certification that Sonasoft’s accounting practices are accurate and follow U.S. General Accepted Accounting Practices (GAAP), we anticipate that Sonasoft effectively will attract institutional investors and raise the needed capital to bring the company to the next level. To help fuel this growth, Sonasoft just revamped its email archiving and eDiscovery software solutions to include new enterprise features. Sonasoft will continue this development to its on-premise applications and commence on the second generation of its cloud-based email archiving and eDiscovery solutions, which will be released in early 2016.”

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

http://www.otcmarkets.com/stock/SSFT/quote
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Automatic eDiscovery Legal Hold Feature in Sonasoft’s Email Archiving Solution Hailed by Its Customers

SonaVault eDiscovery Software and eDiscovery tools
“Several customers have welcomed our automated legal hold feature in our eDiscovery platform.”

SUMMARY

Sonasoft Corp. (SSFT) announced that its automatic legal hold feature in its email archiving and eDiscovery solutions effortlessly allows customers to retain email that has been identified by certain content criteria even after the retention period has expired.

FOR IMMEDIATE RELEASE

(As published on PRWeb)
September 30, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in innovative eDiscovery and email archiving solutions, announced that its automatic legal hold feature in its email archiving and eDiscovery solutions automatically effortlessly allows customers to retain email that has been identified by certain content criteria even after the retention period has expired. Flagged emails are not purged and held securely until these emails have been examined and the reviewer has marked them as closed. Only after this review process is completed are the held emails released and are subject to expire if applicable.

“Several customers of Sonasoft have welcomed our automated legal hold feature in our eDiscovery platform”, said Bilal Ahmed, CTO and Vice President of Engineering. “They appreciate that all they had to do is identify criteria such as a keyword or sender in the archive. All emails that then meet the identified criteria, such as credit card information, social security numbers, insider trading information, etc., automatically are flagged. These flagged emails are never purged from the archive even after the retention policy has expired. For instance, if a customer has a retention policy to retain email for seven years and to purge emails from the archive that are older than seven years, then our automatic eDiscovery legal hold feature safely will retain these emails as long as needed, even if the seven year period has passed. Of course, our customers also have the flexibility to flag email manually in addition to our automated legal hold feature. This design allows our customers to achieve the maximum benefit and obtain peace of mind when an eDiscovery request needs to be fulfilled.”

“Sonasoft strives to offer excellent value”, said Douglas MacKallor, Head of Sonasoft’s Online Marketing. “Customers appreciate our enterprise-class features that are usually just a fraction of competing email archiving and eDiscovery solutions. Sonasoft also makes every effort to design its products to be easy to use. In our automatic legal hold feature, emails can be flagged and retained as easily as it is to do a simple search.”
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Sonasoft to Release Outlook-like Folder Structure View Feature in its Email Archiving and eDiscovery Software

SonaVault Email Archiving & eDiscovery Done Right
“Our customers have asked for this Outlook-like folder structure feature, and we are happy to deliver it.”

SUMMARY

Sonasoft Corp. announced that it will release a new Outlook-like folder structure feature in its email archiving and eDiscovery software that will allow end-users to view their own archived email as it is organized in their inboxes.

FOR IMMEDIATE RELEASE

(As published on PRWeb)
September 24, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), announced that it will release a new Outlook-like folder structure feature in its email archiving and eDiscovery software that will allow end-users to view their own archived email as it is organized in their inboxes. This feature will automatically generate a folder structure hierarchy within the archive that will mirror the same folder structure that end-users created to organize their Microsoft Outlook email clients. If end-users create new folders and organize their Outlook inboxes, then Sonasoft’s email archiving and eDiscovery solution appropriately will update the end-users’ archived folders to mirror these changes. This enhancement will allow end-users to locate their own archived email without the aid of a search or support assistance. Sonasoft’s new folder structure feature is server-side, and it requires no additional resources or plugins. This update will be available on October 15, 2015.

“We are excited role out this new folder structure enhancement”, said Neil Khanna, Vice President of Client Services and Operations. “Our customers have asked for this feature, and we are happy to deliver it. This folder structure view will make our email archiving and eDiscovery solution even easier to use than before. The reaction from customers who have previewed this feature has been overwhelmingly positive. They love the familiar Microsoft Outlook-like look and feel. All the beta testers, who were not exactly power users, easily could find their specific archived email through this folder structure access. This should make any user support issues minimal and increase the adoption rate to use and trust Sonasoft’s email archiving and eDiscovery tools. We are in the final stages of our beta testing and will be ready to release this new feature in the next few weeks.”
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New Granular Access Control Feature Adds Heightened Security to Archived Public Folders in Sonasoft’s Email Archiving and eDiscovery Solutions

SonaVault Email Archiving & eDiscovery Done Right
“Now organizations can archive all their email within the public folders but limit the access of who can see the archived public folders.”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) announced that it has developed a new feature to its email archiving and eDiscovery solutions that allows granular access control to archived public folders.

FOR IMMEDIATE RELEASE

(As published on PRWeb)
August 31, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in enterprise-class eDiscovery and email archiving software solutions, announced the expansion of a new granular access control feature that heightens security to archived public folders. This new feature allows administrators strict granular access control over the archived public folders. Organizations now can retain email within their archived public folders in preparation for a legal hold or an eDiscovery request, but at the same time, restrict access to other employees, who do not have a need to view these documents. This new feature is expected to be released within sixty days, and it will be a no-cost upgrade for all of Sonasoft’s existing eDiscovery and email archiving customers.

“Sonasoft takes the input from its customers very seriously”, said Bilal Ahmed, CTO and Vice President of Engineering. “We had a feature request to retain all email in the archived public folders, but limit the access to these archived emails to authorized users only. Our development team then took up this challenge. We were able to draw on our expertise of granular control access to our email archiving application and then apply this feature set to the access of archived public folders. Now Sonasoft’s customers can still retain these emails for compliance purposes, but not allow these documents to be accessed by just anyone.”

“The very nature of public folders is to make certain email very accessible to everyone within an organization”, said Douglas MacKallor, Director of Internet Marketing. “Inevitably, someone within a company will put an email or document in the public folders that is either sensitive or inappropriate. Understandably, sometimes certain emails in the public folders need to be removed. Companies often find themselves in a catch-22. They need to retain these emails for legal compliance, yet they do not want everyone to access them in the archived public folders. Based on the input from one of our customers, Sonasoft developed a solution that addresses this need. Now organizations can archive all their email within the public folders but limit the access of who can see the archived public folders. This is just one more way that Sonasoft offers technical innovation to its enterprise-class email archiving and eDiscovery solutions.”
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Sonasoft (SSFT) Reports Second Quarter Results; Revenue Rose 190 Percent from One Year Ago

SonaVault Email Archiving & eDiscovery Done Right
“Sonasoft nearly doubled its Q2 revenue from one year ago.”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) released its second quarter (Q2) financial results. Revenue rose 190 percent from one year ago.

FOR IMMEDIATE RELEASE

(As published on PRWeb)
August 14, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), (OTCPK: SSFT), a leader in business continuity software solutions and professional services announced its financial results for its second quarter in fiscal year 2015 (Q2). Sonasoft Corp booked quarterly revenue of $294,000; revenue from the same quarter last year, Q2 2014, was $155,000, which is an increase of 190 percent. The order backlog from Q2 also includes $127,000 of migration services, which will be completed in Q3 and will be recognized as revenue in Q3 2015.

“Sonasoft continues to have steady growth”, said Andy Khanna, President and CEO of Sonasoft. “Sonasoft has grown continuously for the past four quarters, and in this quarter, we nearly doubled our revenue from the same quarter of last year. Demand from our professional services continues to fuel our numbers. The outlook to sustain Sonasoft’s recent financial progress in subsequent quarters looks promising.”

To be informed of Sonasoft Corp’s (SSFT) finances on OTC Markets:

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

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New eDiscovery Feature to be Included in Sonasoft’s Email Archiving Solution

SonaVault eDiscovery Software and eDiscovery tools
“Now, reviewers in an eDiscovery easily can exclude attorney-client communications or other emails that are protected by work-product immunity.”

SUMMARY

Sonasoft Corp. (OTCPK:SSFT) announced that it has developed a new eDiscovery exclusion list feature to be included in its email archiving solution.

FOR IMMEDIATE RELEASE

(As published on PRWeb)
July 28, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in enterprise-class email archiving and eDiscovery software solutions, announced the development of a new eDiscovery exclusion list feature that will be included as part of its email archiving solution. This new exclusion list feature will allow reviewers the option to omit certain emails from being exported as part of an eDiscovery request. This feature will allow records that are protected under attorney-client privilege and work-product immunity to remain confidential and not disclosed. Sonasoft further developed an easy-to-detect method to identify these confidential emails. Reviewers then have the discretion to prevent these classified emails from being exported when it is proper to do so. This new feature is expected to be released later this quarter and will be at no-cost to Sonasoft’s existing email archiving customers.

“The review stage of an eDiscovery request identifies which documents to produce and which documents to withhold”, said Bilal Ahmed, CTO and Vice President of Engineering. “Now, reviewers easily can identify attorney-client communications or other emails that are protected by work-product immunity, which then could be excluded. Our engineering team has figured out an easy-to-use way for our customers to fulfill an eDiscovery mandate and still protect confidentiality. Anyone who has been assigned export privileges, which may include admins, auditors, reviewers, and HR executives, now has the ability to identify and protect confidential email from being exported in an eDiscovery request.”

“Sonasoft listens to its customers”, said Douglas MacKallor, Director of Internet Marketing. “We do our best to incorporate new features that solve real problems today. One customer has several thousand independent sales representatives that were employed by other companies. Frequently, the email associated with these independent sales reps also involved attorneys that represented them; these emails are deemed confidential by attorney-client privilege. Sonasoft then found a way to protect these independent sales representatives’ legal rights and still satisfy an eDiscovery mandate to produce certain email. It was through this customer engagement that Sonasoft developed this new exclusion list feature in its email archiving solution. Sonasoft offers enterprise-class email archiving and eDiscovery solutions at a fraction of the price that competing solutions charge. Sonasoft’s solutions offer excellent value for the money.”

For more details about SonaVault Email Archiving and eDiscovery Software solutions and features:

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

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:

Douglas MacKallor
Sales and Marketing for Sonasoft Corporation
Direct: (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.

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