Sonasoft’s Topline Q1 Revenue Projected to Grow 60 Percent from Prior Year
Sonasoft Corp. (OTCPK:SSFT) announced that its topline revenue for Q1 is expected to increase 60 percent from that of the prior year.
FOR IMMEDIATE RELEASE
(As published on GlobeNewswire)
March 17, 2015 – San Jose, California, Sonasoft Corp. (OTCPK: SSFT), a leader in business continuity software solutions and professional services announced that its first quarter’s topline revenue is expected to grow by at least 60 percent when compared to its revenue from same quarter in 2014. This positive projection is attributed to the continued demand for Sonasoft’s email archiving products and professional services. New marketing initiatives and the hiring of additional sales staff also have impacted revenue positively. The actual numbers will be announced later on OTC Markets under the listing of Sonasoft Corp. (SSFT) on or before, May 15, 2015.
“Sonasoft is doing all the right things”, said Andy Khanna, President and CEO of Sonasoft Corp. “Our email archiving product offering is strong, and we recently announced new features to fuel our market growth. Demand for our professional services, which include data export of competing email archiving software and Microsoft Exchange Server migrations, also remains very strong. Just as important, we focus our efforts on areas that could help us keep growing our company. We recently expanded our marketing initiatives and doubled our sales staff. The sales pipeline that these investments achieved are now converting into topline revenue. We expect that our recent growth increase to continue for the quarters ahead.”
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Sonasoft Corporation is a publicly traded company 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 exceptional degree of high 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
Phone: (408) 708-4000
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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.