CAMBRIDGE, Mass., Feb. 20, 2013 (GLOBE NEWSWIRE) -- SMTP, Inc. (OTCBB:SMTP), a leading provider of cloud-based services to facilitate email deliverability, is committed to maximizing shareholder value and increasing cash dividends through continued growth of its core business and by completing strategic business acquisitions.
In January 2013, SMTP announced its first acquisition of an innovative email testing and analytics business in an all cash transaction. The acquisition contributed a small customer base and recurring revenue which will increase free cash flow and enable SMTP to further increase cash dividends in the future.
SMTP is actively engaged in the process to identify additional acquisition candidates and negotiate transactions which contribute increased cash earnings and can lead to increasing cash dividends for common stock holders.
"We continue to remain highly motivated to maximize shareholder value," commented Semyon Dukach, Chairman of SMTP. "As the largest shareholder of the Company, I believe we can continue improving our core business, while completing strategic business acquisitions to increase cash earnings and increase cash dividends."
SMTP does not intend to disclose developments with respect to its evaluation of strategic acquisitions unless and until the evaluation of all proposals and alternatives has been completed and the company has entered into a definitive transaction. There can be no assurances that the company will enter into any strategic acquisition, or as to the timing, terms or results of any such transaction.
ABOUT SMTP, Inc.
SMTP is a leading provider of cloud-based services to facilitate email deliverability, including bulk and transactional sending, reputation management, compliance auditing, abuse processing and issue resolution. Our services provide customers with the ability to increase the deliverability of email with less time, cost and complexity than handling it themselves. SMTP, Inc. is based in Cambridge, Massachusetts and on the web at http://www.smtp.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, and various other factors beyond the Company's control.
CONTACT: ALENA CHUPRAKOVA SMTP, INC. 877-705-9362 firstname.lastname@example.orgSource:SMTP, Inc.