Contact Information: For more information, contact: Trey Resources Mark Meller CEO (973) 758-9555 www.treyresources.com www.swktech.com www.mapadoc.com
Trey Resources Announces a Series of New MAPADOC Software Sales
| Source: Trey Resources
LIVINGSTON, NJ--(Marketwire - October 2, 2008) - Trey Resources, Inc. (OTCBB : TYRIA )
announced today that the company's wholly owned subsidiary, SWK
Technologies, Inc., the premier total solutions provider specializing in
accounting software and supply-side software solutions, has closed on a
series of significant sales of its proprietary MAPADOC EDI (electronic date
interchange) software.
The new customers are involved in industries as diverse as toys, posters
and art products, bath products, and other assorted items. The new
clients' trading partners include Toys "R" Us, K Mart, Kroger, and Target,
among others.
The aggregate value of the transactions is roughly $82,000.
Dane DeSantis, channel sales manager at SWK Technologies, said, "MAPADOC
continues to grab market share in the EDI marketplace for small and medium
sized businesses. Our pipeline is strong, and we continue to receive new
inquiries every day."
Mark Meller, CEO of Trey, stated, "Companies who use EDI solutions like
MAPADOC have a significant competitive advantage, and also enhance their
profitability. MAPADOC provides end users both ease of use and great
functionality. Our sales organization is doing a great job in
communicating the benefits of our technology to our channel partners and
end users throughout the country, and, as a result, end users are
abandoning our competitors' products to buy MAPADOC at an ever increasing
rate. Consequently, we look forward to continuing the very rapid sales pace
of our proprietary software."
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., Wolen
Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit
www.treyresources.com, www.swktech.com, www.mapadoc.com, or 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.