×

Sonasoft (SSFT) Announces Plans To Uplist Company To OTCBB

San Jose, March 6, 2015 (GLOBE NEWSWIRE) -- Sonasoft Corp. (OTCPK: SSFT) (the "Company"), a leader in business continuity software solutions and services, announced that it has engaged with MaloneBailey, LLP for a two-year audit. Once the two-year audit is complete, the Company will announce its year-end results and intends to uplist from the OTCPink (OTCPK) to the Over-the-Counter Bulletin Board (OTCBB). This two-year audit is expected to be completed during the second quarter of this year.

"Sonasoft is fully committed to add shareholder value and raise the necessary capital to bring the company to the next level", said Andy Khanna, President and CEO of Sonasoft Corp. "We commenced in a two-year audit in December 2014, and we expect to complete this audit during the second quarter of this year. Once Sonasoft is listed on the Over-the-Counter Bulletin Board (OTCBB), we anticipate opportunities that could help our company raise additional capital to expand our product lines of email archiving, eDiscovery, and business continuity solutions. Sonasoft's management team is committed to good corporate governance, and our engagement to a two-year audit is just the next logical step."

The completion of this audit is subject to due diligence. There can be no assurance that such endeavor will be completed.

To view Sonasoft's (SSFT) financial statements and other filings or disclosures on OTC Markets:

http://www.otcmarkets.com/stock/SSFT/quote

For a no-cost consultation or to learn more about Sonasoft's email archiving and eDiscovery solutions and professional migration services contact: Andy Khannan Sales Sonasoft Corporation Phone: (408) 708-4000

http://www.sonasoft.com

About Sonasoft

Sonasoft Corporation is a publicly-traded company 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 exceptional degree of high customer satisfaction. Founded in 2003, the Company is headquartered in San Jose, California.

Media services by Vitello Caital Ltd & STAT Group Inc.

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.

CONTACT: Andy Khanna Sales Sonasoft Corporation Phone: (408) 708-4000

Source:Sonasoft