Stellar
Technologies Cites Continued Strong Growth Momentum and Heightened
Product Development
Cook County,
IL Returns for a 12,000 User Multi-Year License Agreement for Stellar
IM™
Released on
= July 11, 2005, 8:20 am
Press Release
Author = Valerie McCausland/Stellar Technologies, Inc.
Industry = Software
Press Release
Summary = Stellar Technologies, Inc. (OTCBB: SLLR), a leading provider
of employee Internet management and data migration solutions, cites
strong growth momentum attributable to many factors, including heightened
product development and additional adoption of its latest product
releases.
Press Release
Body = NAPLES, FL – July 11, 2005 – Stellar Technologies,
Inc. (OTCBB: SLLR), a leading provider of employee Internet management
and data migration solutions, cites strong growth momentum attributable
to many factors, including heightened product development and additional
adoption of its latest product releases. “We’re very
excited about the progress we have made during recent months. Our
development team has reached some extraordinary milestones and in
turn has issued several product releases for each of our Internet
management and e-mail migration solutions. Product recognition is
up and our customer base is quickly growing,” stated Stellar
Technologies President, Don Innis. Stellar recently released new
versions for each of its products: Stellar Internet GEM™,
Stellar IM™ and Stellar E-Mail Shuttle™. Stellar Internet
GEM™ is a comprehensive Internet policy management suite delivering
domain, URL and content-based filtering, reporting and archiving
for Web browsing, internal and external e-mail communications, including
attachments, and instant messaging activities for all major protocols.
Innis continued, “The development of GEM has been a unique
one for Stellar in that
we were able to bring to market a solution that not only meets a
need in the marketplace, but one that addresses several. GEM not
only filters and stores all
activity for Web browsing, e-mail and instant messaging, including
attachments; it also delivers instant retrieval of data across the
organization for any or all data types stored. This instant retrieval,
along with long term data storage, enables
organizations to satisfy various regulatory record keeping requirements
and enforce corporate policy regarding Internet usage and electronic
communication. Built modularly as a content management and compliance
suite, we believe GEM is an ideal solution to satisfy a myriad of
organizational needs globally.” Product releases for Stellar
E-Mail Shuttle™, AnyWhere2AnyWhere™ e-mail migration
and directory synchronization, were released in May. New releases
for the Shuttle included enhancements to the migration process providing
a more streamlined solution for GroupWise® customers. Two major
Fortune 500 corporations recently licensed the
Shuttle to migrate thousands of user e-mail accounts within their
corporations from TAO to Microsoft® Exchange and GroupWise®
Notes® to an IMAP4 system. In June, Cook County, Illinois, the
United State’s second largest county, returned to Stellar
for a multiple-year licensing agreement. The agreement provides
Cook County with a 12,000 seat license for Stellar IM™ Web
Based Edition. Stellar IM™ is
a passive monitoring and reporting solution for employee Web browsing
and instant messaging. Through Stellar IM™, Internet activity
is logged and alerted in accordance with an organization’s
unique Internet usage policy. “The positive forward momentum
we’re experiencing is just the beginning. During 2005, we
expect to make several major product releases and to participate
in two highly respected events, the Gartner Symposium ITxpo and
CSI. As we continue to expand our diverse customer base, we’re
expecting even greater product reception,”
stated Innis. About Stellar Technologies, Inc.Florida-based
Stellar Technologies, Inc. (OTCBB: SLLR) is a leading provider of
employee Internet management solutions offering a full range of
management and
security products to business and government organizations. Specializing
in monitoring, filtering, reporting and archiving of employee e-mail,
Web browsing and instant messaging, Stellar’s products assist
in heightening litigation control, increasing compliance with applicable
regulations, reducing IT resources and improving employee productivity.
Stellar Technologies is also the leading provider
of AnyWhere2AnyWhere™ e-mail migration. The E-Mail Shuttle
provides a complete migration and coexistence solution: From simple
migration of inboxes and personal folders, to complex high performance
gateways and directory synchronization to and from any e-mail system.
For more information, visit www.stellartechnologies.com.
Forward-Looking
Statements:
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact contained
herein, including without limitation, statements regarding the Company’s
future financial position, business strategy, budget, projected
revenues, projected costs and plans and objectives of management
for future operations are forward-looking statements. The words
“estimate,” “project,” “intends,”
“expects,” “believes,” “may,”
“will,” “should,” “could,” or
“would,” the negative of such terms or similar expressions
are intended to identify
forward-looking statements. Such forward-looking statements are
made based on management’s beliefs, as well as assumptions
made by, and information currently available to, management pursuant
to the “safe-harbor’ provisions of the Private Securities
Litigation Reform Act of 1995. Such statements are not guarantees
of future performance or events and are subject to known and unknown
risks and uncertainties that could cause the Company’s actual
results, events or financial position to differ materially from
those included within the forward-looking statements. These factors
include, but are not limited to, the acceptance of the Company’s
products in the marketplace, competition, the Company’s ability
to generate additional financing, as well as those factors set forth
in the Company’s Reports on SEC Form 10-KSB for the period
ended June 30,
2004, Form 10-QSB for the period ended March 31, 2005 and its other
filings with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date made
and the Company undertakes no obligation to disclose any revision
to these forward-looking statements to reflect events or circumstances
after the date made
or to reflect th e occurrence of unanticipated events.
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