ISELIN, N.J., Feb. 20, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN:A0B7RZ) announced today the appointment of Dennis M. Goetz to the Company's Board of Directors effective March 1, 2007.
Mr. Goetz is an experienced, 30 year business veteran with a successful record in finance, operations corporate governance and administration. He founded CrossRoads Strategy Group which has assisted clients in equity financings, corporate governance matters, financial integration of an acquisition and provided CFO services to two firms on an interim basis. He is the CEO/Co-founder of two companies: BroadBand Bridge LLC, a digital media firm and Specialty Pallets LLC.
Prior to these engagements Mr. Goetz was CFO/Director at two technology services companies. Greenwich Technology Partners and Claremont Technology Group. He also founded Gabriel Partners, a management/finance consulting firm and served as Treasurer of Integrated Resources Inc., a NYSE listed financial services firm.
Mr. Goetz serves as a member of the Advisory Board of Pace University's Seidenberg School of Computer Science and Information Technology and is a member of the Selection Committee for a technology based incubator, Second City Innovation and Ideas. He is a graduate of Fordham University and studied abroad at Oxford University's Campion College.
"Mr. Goetz's appointment to the Board as an outside Director will add immediate expertise to SoftNet. Due to his substantial background, financial expertise and acumen he will be relied on as a valuable resource for guidance and direction as the Company continues to grow and expand. The Company is fortunate to have someone of his caliber join the Board," said Jim Booth-CEO.
Please visit our website at http://www.softnettechnology.com for more information or for Investor Relations; please contact the company directly at 908-212-1799, James Booth-CEO.
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