Sonasoft Corp. (OTCQB:SSFT) announced that that it has been uplisted to trade on the OTCQB Venture Market.
FOR IMMEDIATE RELEASE
(As published on Nasdaq GlobeNewswire)
October 17, 2018 - San Jose, California, Sonasoft Corp. (OTCQB: SSFT), a leader in email archiving, data migration, and eDiscovery solutions, is pleased to announce that the Company has been approved to trade on the OTCQB Venture Market as of Tuesday, October 16, 2018.
This listing onto OTCQB will allow the Company to expand its stock liquidity, build its visibility with large independent as well as institutional investors, and diversify its shareholder base on an established public market. The upgrade to OTCQB and the maintenance of audited reporting requirements should provide the investment community with the utmost confidence in corporate communications and the financial results posted during this period of exponential growth for Sonasoft.
Further benefits of being listed on the OTCQB Venture Market Include:
“The move to the OTCQB marks a key milestone in Sonasoft’s development,” states CEO Andy Khanna. “Only a company with a proven and audited track-record and the ability to meet and exceed the stringent reporting requirements can trade on this premium exchange. We are committed to transparency and growth, as seen recently with the completion of our multi-year audit and acquisition of Cornerstone Technologies. We also anticipate the uplist to attract institutional and long-term, sophisticated investors as we move out of the pink sheets and on to this more reputable exchange. Moving forward, investors can expect continued expansion into the AI and eDiscovery space, increased communication to the market, and a continued and steadfast commitment to delivering the maximum value back to our shareholders.”
A number of exciting updates from Sonasoft and its wholly owned subsidiary, Cornerstone Technologies, can be expected over the coming weeks.
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Sonasoft Corporation is a publicly traded corporation and is listed on the OTCQB Market under the trading symbol SSFT (OTCQB:SSFT). Sonasoft is now an AI-first company. The Company intends to integrate artificial intelligence (AI) into the Company’s core business model, which 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 6.1 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 large and medium-sized businesses, governments, school districts, organizations, and enterprises. The Company also launched SonaSecure, which protects systems from ransomware and other email-based threats as well as provides email continuity services. In addition, Sonasoft offers data export and migration services for competing for email 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.
About Cornerstone Technologies
Based in the heart of Silicon Valley, Cornerstone Technologies is a leading provider of engineering services focused on the design, deployment, migration, and management of IT workloads for enterprise customers. With an expert focus on messaging migration, identity access management, modern data center, and managed services solutions, Cornerstone Technologies plays a pivotal role in the transformation of their clients' IT environments. Cornerstone Technologies is a key partner to Microsoft, Dell/EMC, VMware, and TransVault, and the Company has built an impressive customer list across multiple verticals, which include retail, high tech, healthcare, public transportation, and financial services.
For further information about Cornerstone Technologies, please visit:
For more information about Sonasoft’s email archiving solutions and business continuity software, contact:
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.