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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (42639)	1/13/1999 11:20:00 AM
From: KZAP	Respond to of 119973

SOCT news: Gator, Make some money! <g> <<<<Socrates Technologies Corporation on Washington Technology FAST 50 Listing LARGO, Md., Jan 13 /PRNewswire/ -- Socrates Technologies Corporation (Nasdaq: SOCT - news), a Washington, D.C. area broad based information technology and software development company, reported today it was the 16th fastest growing company on the 1999 Washington Technology FAST 50 list published Monday, January 11. The FAST 50 reports on a company's growth over a 5-year-period and this marks the second year in a row that the company attained this recognition. Socrates began the current period with revenues of $2,374,617 in 1994, and grew by 2,448% to revenues of $60,500,000 in 1998. The 1999 FAST 50 list is replete with companies focused on Networking, Electronic commerce, Security, Software development and Web development The Company's Chief Executive Officer, Abbas Fathi, stated: ''Our projections for revenue growth for 1998 were aggressive and we are proud to have exceeded our goal and be included in this Washington Technology FAST 50 listing. Our focus in the areas of software engineering and product development as well as enterprise computing and networking solutions is critical to our continued growth on this fast track.'' ''The recent SUN Enterprise Elite certification positions us to capture a portion of the $59.5 billion UNIX based server market in which SUN is a major player. This certification coupled with our existing software solutions provides enhanced capabilities for the enterprise computing solutions market,'' commented Evan Wagner, Chief Technology Officer of Socrates. ''Our existing supply chain management (SCM) application, 'Winnie', has provided entry into the projected $18 billion Enterprise Resource Planning (ERP) related applications market. Our newly developed SAP R/3 integrated ERP software product provides access to a further $19 billion marketplace. We expect the opportunities available in both of these areas to expand rapidly as we continue to grow in these technology markets,'' concluded Fathi. Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. For additional information on Socrates Technologies Corporation, please contact the Company at its principal executive offices at 9301 Peppercorn Place, Largo, MD 20774; telephone 301-925-2200; facsimile 301-925-4150; or visit Socrates' Web sites at www.soctech.com and www.technetweb.com. SOURCE: Socrates Technologies Corporation>>>> Happy investing! KZAP