suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
MIAMI, FL -- (MARKET WIRE) -- 06/25/07 -- Seamless Technology Inc. (PINKSHEETS: SLSX)
(www.seamlesstech.com) announces, on-behalf of its e-Commerce subsidiary,
MerchandiZer, Inc., that it has entered into a multi-year contract with
NeoEra LLC, d/b/a Rickson Gracie's Budo Challenge, the management and
promotional marketing arm for Rickson Gracie's Budo Challenge. Rickson
Gracie is a world-renowned martial arts champion. Seamless' MerchandiZer
division will build a creative and robust "Rickson Gracie Budo Challenge"
entertainment portal, complete with an e-Commerce platform and full website
services for a total online e-Marketing and entertainment solution.
Under the agreement, in addition to billing for its creative, programming
and hosting services, Seamless will earn a percentage of the e-Commerce and
fulfillment revenues generated by the portal which is expected to be over
$1 million in the first year.
Seamless is leveraging MerchandiZer's robust, award-winning Professional
Shopping Cart with its easy-to-use e-Commerce platform to further grow its
business customer base and provide solutions to customers such as NeoEra.
"Our ability to offer global business customers innovative and
cost-effective turnkey e-Commerce solutions is a clear differentiator in
the marketplace," said Jose Solorzano, President of MerchandiZer and Vice
President of Sales & Marketing of Seamless. "Our solution for NeoEra allows
them to focus on their core competency of providing family and sports
entertainment and we provide the 'triple play' of seamless solutions with
web-delivered content solutions, e-Commerce, and product fulfillment
worldwide."
The "Seamless Services" for NeoEra will provide a web shopping and online
entertainment portal to a worldwide audience of martial arts fans and other
demographic targets. The full-package solution includes complete website
design, back-end HTML SEO coding services, front-end graphic interface,
logo, and event brochure design, product catalog design/development and
uploading, web hosting, email and a payment gateway -- as well as
logistics/merchandise fulfillment services for products sold through the
online storefront. Additionally, by virtue of MerchandiZer's product
fulfillment services, Seamless will become Budo Challenge's exclusive
partner for the worldwide distribution for its merchandise.
"Seamless with its MerchandiZer division offered a competitive and
innovative proposal which met our needs," said Michael Burkenbine, COO of
NeoEra. "We are pleased with Seamless' responsiveness to those needs and
look forward to launching our Rickson Gracie's Budo Challenge online portal
this summer. Our relationship with Seamless will allow NeoEra to
significantly scale our website to our customer base in the worldwide
sports entertainment marketplace."
Stay informed by joining Seamless Technology's E-Mail Alert List. Join by
clicking the link below:
NeoEra is a private sports management and entertainment company that
operates, manages and markets Rickson Gracie's Budo Challenge.
Budo is the martial arts way that challenges the physical, mental and
spiritual powers of the warrior. The Budo Challenge brings together the top
submission fighters in the world, including BJJ world champions, Olympic
judo players, and UFC, Pride, and Shooto fighters to display the abilities,
skills, and character that make a true champion.
The purpose of the Budo Challenge is not only to show top combat athletes
in action, but to provide an insight into the minds and souls of the
fighters. Just as life consists of preparation, execution, and adaptation
to unexpected results, the Budo Challenge shows a microcosm of life through
fighter interviews, personal stories, and philosophical outlooks. The
audience gains a profound understanding of the struggle and sacrifice each
fighter makes.
The Budo Challenge is the first professional submission fighting league
with the vision to dignify and value the world's elite grapplers and allow
them to serve as role models and be positive influences for current and
future generations in our communities.
The striking visual impact of the event is based on traditional values and
concepts. The revolutionary rules of the Budo Challenge bring non-stop
action and excitement unparalleled in modern judo, wrestling, or jiu-jitsu
events. The commentators, special effects, officiating and scoring systems
provide an easy-to-follow format that allows spectators to understand and
follow the helicopter sweeps, rear naked chokes, joint locks, and
guillotine submissions that happen with machine-gun speed.
ABOUT SEAMLESS TECHNOLOGY INC.:
Seamless Technology is a publicly traded holding company that focuses on
the acquisition, development and operating of 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 soon,
subject to completion of financing.
The first subsidiary owned by Seamless is Pinneast.com, Inc.
(www.pinneast.com), an eleven-year-old e-Learning services provider which
offers custom web based learning and education, learning management
systems, LMS hosting, off the shelf courses and e-Learning technical
support. Unlike its competitors, who offer a product that is one size fits
all, Pinneast is capable of designing e-Learning products that are tailored
to the specific needs of each client. The Company has a present order
backlog including contracts from the US-Army and was selected as part of a
defense contractor team for the United States Army's Distributed Learning
Education and Training Products (DLETP) program. The total contract is
estimated at a total value of $483 million over the next five years. Other
customers of Pinneast include Dow Chemical, Wachovia, Citigroup, First
Data, California Courts, and GlaxoSmithKlein, among others.
The second subsidiary owned by Seamless is MerchandiZer Software, Inc.
(www.merchandizer.com), a seven-year-old e-Commerce software company and
service provider of end-to-end online storefront and shopping cart services
for small to medium-sized companies that want to expand their marketing
presence on the Internet sales channel. Over the years the Company's
software has been awarded various industry recognition awards, and includes
custom design features such as templates that enable web designers to
customize sites, as well as an exclusive Internet marketing feature that
allows the merchants/clients to optimize their entire catalog for search
engines. The software has also been recently reengineered to be highly
scalable and meet the demands of exponential growth. The Company primarily
services small to medium businesses and its clients include brand name
companies such as Dole Plantations, Total Discount Vitamins, Go-To Forms
and Kids Customs.
The third subsidiary is United Russian Technologies, Inc. (URT) -- a U.S.
joint venture company incorporated in Florida in 2006 and owned 50/50% by
Seamless and URT (Russia), a private Russian company founded by Evgeny
Babayan, former head of the Russian Academy of Science (RAS) Innovation
Dept., to provide intellectual property and services from leading Russian
science and research laboratories to commercial markets in the Americas and
Europe.
FORWARD-LOOKING STATEMENTS:
Statements about the Company's future expectations, including future
revenues, plans, estimates, projections and earnings, and all other
statements in this press release other than historical facts are
"forward-looking statements" within the meaning of section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934,
and as the term is defined in the Private Litigation Reform Act of 1995.
The Company's actual results could differ materially from expected results.
The Company undertakes no obligation to update forward-looking statements
to reflect subsequently occurring events or circumstances. Should events
occur which materially affect any comments made within this press release,
the Company will appropriately inform the public.
Seamless Technology Inc.
3155 NW 82nd Avenue, Suite 200
Miami, Florida 33122
Phone: 305-477-8177
http://www.seamlesstech.comhttp://www.pinneast.comhttp://www.merchandizer.com
Contact:
Investor Relations
Borys Rafalowicz
CEO
305-477-8177 ext 103 borys@seamlesstech.com