SAN JOSE, CA--(NewMediaWire - Aug 11, 2016)
- Sonasoft Corp. (OTC PINK: SSFT), a leader in on-premise and cloud
eDiscovery software and email archiving solutions, announced its
financial results for its second quarter (Q2) in fiscal year
2016. Sonasoft Corp booked quarterly revenue of $210,000 in Q2
2016, which is a gain of 50 percent over last year's second quarter
(Q2 2015) revenue of $140,000. During the first six months of 2016,
Sonasoft's revenue growth was 28 percent compared to the same
period of 2015.
"Sonasoft has now grown organically for the past several
quarters", said Andy Khanna, President and CEO of
Sonasoft. "Sonasoft also reached several milestones in
Q2. We added Outlook-like folder structure views to our
SonaVault Email Archiving and eDiscovery Software
Solution. This innovative feature allows end users to view
their archived email in the same folder structure as their
Microsoft Outlook folders. The market is expected to respond
favorably to this and other enhancements. Sonasoft also
entered into a partnership with Inrgam Micro, the world's largest
distributor of computer and technology products and services, to
distribute SonaVault On-premise Email Archiving and eDiscovery
Solution. Our next-generation cloud-based archiving and
eDiscovery solution is near ready for release. SonaCloud 2.0
will be the industry's first customizable platform that can be
hosted in the cloud, on-premise as a private cloud, or as a hybrid
solution. From these initiatives, Sonasoft has confidence that
it is likely able to continue this growth in the quarters
ahead."
To be updated of Sonasoft Corp's (SSFT) finances on OTC
Markets:
http://www.otcmarkets.com/stock/SSFT/quote
To obtain a no-cost professional evaluation and learn more about
SonaVault Email Archiving and eDiscovery Software solutions:
http://www.sonasoft.com/products/sonavault-email-archiving-software/
About Sonasoft
Sonasoft Corporation is a publicly traded corporation and is
listed on the OTC Markets with the trading symbol SSFT. Sonasoft's
core business model includes enterprise-class email 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 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 small and medium-sized businesses,
governments, school districts, organizations, and enterprises.
Sonasoft recently expanded its product offering to include email
archiving in the cloud as well as data export and migration
services for competing 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.
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.