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Technology Stocks : DelSoft Consulting (DSFT)

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To: Dolfan who wrote (102)12/15/1999 10:31:00 AM
From: Bird  Read Replies (1) of 111
 
Anyone know what's the story on this? Nice movement today!

Time Last Change (%) Bid (size) Ask (size)
10:22 0.937 0.437 (87.40) 0.937 (25) ÿÿ0.968 (25)ÿÿ
Day Volume Day High Day Low Day Open Last Size
247,500 1 0.625 0.75 ÿ ÿ5,000ÿÿ
Latest Tics 52 Wk High 52 Wk Low Avg Trade Size # of Trades
+++- 1.625 0.125 5,380 ÿ ÿ46ÿÿ

DelSoft Consulting, Inc. Unveils Long-Term Growth Plans - Including A Multi-Million Dollar Expansion of E-Commerce Operations;
Company Plans Expansion into 15 New Markets Over the Next 3 Years
ROSWELL, Ga., Nov. 11 /PRNewswire/ -- DelSoft Consulting, Inc. (OTC Bulletin Board: DSFT) today unveiled its 3-year business plan under its new management team appointed last month. The expansion plan includes a major shift in long-term company focus toward e-commerce consulting and Internet application development.

"The expansion plan we announced today reflects DelSoft recommitment to growth and reflects our motivation to maximize long-term shareholder value. DelSoft will shift its business focus towards e-commerce consulting and Internet based solution delivery services. We believe this new business focus will fuel rapid company growth and expansion. The company also intends to continue capitalizing on it's existing business expertise by leveraging short- term staffing opportunities that arise in ERP/CRM development or mainframe consulting", said Brian Koch DelSoft's newly appointed President.

DelSoft is moving to align itself with market demands and capitalize on an unprecedented period of growth. The expansion strengthens DelSoft's strategic position as a complete source for technology consulting services. The Company is extremely confident in their strategy and in their employees' ability to implement that strategy. DelSoft is looking forward to significant growth and prosperity in the next century.

DelSoft intends to increase its market position over the next 3 years by:

1) Developing a world-class sales force capable of customer acquisition
and development via relationship selling.
2) Cultivating existing accounts to drive business value with broader
continuous revenue streams.
3) Shifting core technology focus towards high growth / higher margin
Internet business model.
4) Building strategic alliances & partnerships with major industry
players to increase sales reach and market creditability.
5) Invest capital into continuous research & development to achieve
market differentiation and competitive advantage by leveraging
Internet technology trends.
6) Invest in human resources to minimize turnover and maximize
organizational knowledge and value.
7) Increasing geographic sales presence to 13-15 under served target
market cities.
8) Strategically focusing on resource-starved mid-market businesses.
9) Performing M&A activity as vehicle to supplement aggressive hiring
needs and garner market share with geographic sales growth.
10) Build DelSoft Brand in the company & its services.
Koch also pointed out that, even if all the potential growth outlined in today's announcement occurs, it would represent only a small fraction of the technology growth experts predict. "Our vision is to create a world-class professional services firm with deep technical competencies in Internet application, business analysis, and project management enabling us to assist our customers achieve their business objectives for growth, efficiency, and overall organizational effectiveness."

DelSoft Consulting, Inc. is a public technology-based consulting corporation headquartered in Atlanta, GA. DelSoft is dedicated to delivering innovative business and technology solutions in the digital economy, including breakthrough results quickly to our customers.

CONTACT: Jeffrey A. Rinde, CFO of DelSoft Consulting, Inc., 770-518-4289
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