SNTO AND GCTI IN JOINT VENTURE!!!
Since I first told you about SNTO over the last 2 months it has slowly grown from $1.50 to $4.50. Because very
few people are familar with it it just slowly moves up each Week. WITH SUCH A SMALL FLOAT ONLY 800,000, IT MOVES VERY QUICK EVEN WITH SMALL BUYS!!!
With the Partnership between SNTO and GCTI (GCTI currently trades at $52 per share) SNTO should continue
to climb to $10.00 or $20.00, Sento is in the last quarter and for the first time time in years they will be reporting huge profits.
Here is todays news.
Sento Shareholders Approve EchoPass Transactions
New ASP Company to Provide E-Services
AMERICAN FORK, Utah, Dec. 16 /PRNewswire/ -- Sento Corporation (Nasdaq: SNTO) today announced its
shareholders
have approved the transfer of technology and other assets that are utilized in the operation of its eCustomer
Contact Center to
EchoPass Corporation, a newly-formed e-services enterprise. The shareholder action will permit Sento to
undertake a series of
transactions designed to enable EchoPass to commercialize the technology and provide companies with an
integrated telephone
and Internet customer care solution in an application service provider (ASP) environment.
Completion of the EchoPass transactions is contingent on approval by Sento and EchoPass directors of a series of
related
transactions, including the negotiation and execution of a strategic relationship for Genesys Telecommunication
Laboratories,
Inc. product licenses, EchoPass' receipt of funding required to undertake its business operations, and Sento's
receipt of a
fairness opinion from its financial advisor. Sento believes the EchoPass transactions will be completed by the end of
January
2000.
EchoPass proposes to host, configure and maintain backend data and communications infrastructures, which are
designed to
permit client companies to access technology through standard Web browsers. Once EchoPass' technology is
implemented,
companies will be charged based on usage, eliminating the need to hire and train additional IT staff to manage these
critical
business applications and undertake costly build-outs of their own infrastructure.
EchoPass Corporation proposes to deliver the latest in customer care technology including, telephone and Internet
calls, e-mail,
Web text chat, Web call backs, fax, voicemail, and browser collaboration. In addition, EchoPass' solution will be
designed to
route incoming interactions to the right agent at the right time with skills-based routing and customer data screen
pops,
providing immediate and accurate customer care. EchoPass intends to provide dynamic, real-time analysis reports
on all
customer interaction media and queues that are required to operate a high-quality customer service operation. For
more
information, visit EchoPass' home page at www.echopass.com.
Sento Corporation provides technical services for organizations using Windows NT and UNIX client-server
computing
environments. These services include, Contract Technical Support, Help Desk Services, Technical Training and
Education.
Sento conducts its business through its operating divisions, including, Sento Training and Sento Technical Services.
For more
information, visit Sento's home page at www.sento.com.
Statements in this press release that are not purely historical are forward-looking statements within the meaning of
the Private
Securities Litigation Reform Act of 1995. Such statements encompass Sento's beliefs, expectations, hopes or
intentions
regarding future events. Words such as "expects," "intends," "believes," "anticipates," and "likely" also identify
forward-looking
statements. All forward-looking statements included in this release are made as of the date hereof and are based on
information
available to Sento as of such date. Sento assumes no obligation to update any forward- looking statement. Actual
results could
differ materially from those anticipated for a number of reasons, including, among others, the ability of Sento and
EchoPass to
negotiate and enter into acceptable agreements required to complete the proposed EchoPass transactions,
demands associated
with the Company's redirected strategy to develop and market new and additional information technology services
and
products, uncertainties and expenses resulting from the implementation of the Company efforts to identify, acquire
and integrate
additional businesses, unavailability of capital to fund the Company's growth strategy and acquisition plans, the
highly
competitive environment faced by information technology businesses, a downturn in the market for hardware
and/or software
products, economic fluctuations and other unanticipated factors. Risk factors, cautionary statements and other
conditions which
could cause actual results to differ from the Company's current expectations are contained in the Company's filings
with the
Securities and Exchange Commission, including the Company's Annual Report on Form 10-KSB.
SOURCE: Sento Corporation
CONTACT: Jennifer Bolander of Brodeur Worldwide, 801-765-1500, jbolande@brodeur.com, for Sento
Corporation; or Robert Sorenson
of Sento Corporation, 801-492-2204, robert_sorenson@sento.com |
