Sonasoft (SSFT) Wins Contracts Worth Over $100K with Major California School District
April 23 2019 - 8:38AM
InvestorsHub NewsWire
Sonasoft (SSFT) Wins Contracts Worth
Over $100K with Major California School District
SAN JOSE, CA -- April 23, 2019 -- InvestorsHub NewsWire
-- Sonasoft Corp. (OTCQB: SSFT), a leader in innovative
eDiscovery and artificial intelligence (AI) solutions and services,
is pleased to announce that it has been awarded contracts from a
major California School District to provide data protection
solutions through its subsidiary, Cornerstone Technologies. The
total revenue from these contracts is worth over $100K and opens
the door for additional revenue from other solutions and
services.
“The sales team has done an excellent job executing on our ‘land
and expand’ sales strategy,” stated Frank Velasquez, CEO of
Sonasoft Corporation. “As a company, our aim is to enable our
clients to gather, analyze, and transform their data for
intelligent decision-making. We will continue to progress this
goal by coupling our data archival, backup and replication, data
discovery, and artificial intelligence solutions into our client
base and beyond. Our solutions are complementary and provide add-on
opportunities to increase our overall revenue. We are especially
excited about the progress being made in our artificial
intelligence (AI) technology, which is on track to becoming a
disruptive force.”
The Company continues to accelerate forward with its growth and
expansion plans. The Company’s sales force has been aggressively
pursuing new leads and growing current accounts by offering
additional products and services, some of which are newly developed
or have been acquired through the strategic acquisitions and
partnerships solidified in the past year. Additionally, the Company
discussions continue to go well with two potential AI company
acquisitions, and the Company has nearly completed the Hotify AI
acquisition. The Company is also pleased to announce that its 2018
year-end financials will be posted to OTC Markets in the upcoming
weeks.
Further updates regarding the company and its archiving,
eDiscovery, and artificial intelligence (AI) initiatives can be
expected as initiatives continue to progress.
For a no-cost consultation and to learn more about the power of
Sonasoft’s Artificial Intelligence (AI) Solutions, visit us
here:
https://www.sonasoft.com/products/artificial-intelligence-ai/
To obtain the latest company updates in between press releases,
please follow us on Twitter @Sonasoft or visit us here:
https://twitter.com/Sonasoft
About Sonasoft
Sonasoft Corporation is a publicly traded corporation and is
listed on the OTCQB Markets 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 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 recently updated and relaunched
SonaSQL. SonaSQL allows enterprises to easily perform backup,
recovery, and replication services to Microsoft SQL Servers.
SonaSQL also allows enterprises to seamlessly migrate to Microsoft
Azure. 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 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 (a Sonasoft
Company)
Based in the heart of Silicon Valley, Cornerstone Technologies,
a wholly-owned subsidiary of Sonasoft Corp., is a leading provider
of engineering services focused on messaging migrations, identity
access management, the 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:
https://cornerstonetechnologies.com/
Forward-looking Statements
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.
For more information about Sonasoft’s email archiving solutions
and business continuity software, contact:
Mike Khanna
Sonasoft Corporation
Phone: (408) 708-4000
Source: https://www.sonasoft.com
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