Trey Resources, Inc. (OTC Bulletin Board: TYRIA) announced today that its wholly owned subsidiary, SWK Technologies, the premier total solutions provider specializing in business software, has just completed the best sales month in the Company's history.
March sales, on a preliminary basis, exceeded $560,000. Final details will be available in the Company's Form 10-Q, which will be filed with the Securities and Exchange Commission on or before May 15, 2006.
Jeffrey Roth, CEO of SWK Technologies, commented, "The additional capital invested in SWK Technologies by our parent, Trey Resources, is having a significant positive effect on our sales and marketing efforts. Our sales organization continues to successfully penetrate the small and medium sized business market in an aggressive fashion. We are now selling and marketing aggressively and effectively throughout the U.S. and the world. Our sales pipeline is exceptionally strong. We are closing on deals both large and small. We expect to be in a position of announcing additional exciting transactions in the near future, including joint ventures and potential acquisitions."
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc, and Wolen Katz Associates. For more information, contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller@swktech.com.
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.