Corporate Officers
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Borys Rafalowicz - CEO
305-477-8177
borys@seamlesstech.com
Dec 8, 2009 09:00 ET

Seamless Technology Inc.'s CEO and Chairman Letter to Shareholders

December 8 2009

Dear Fellow Shareholders,

We would like to provide this update on the recent  developments and focus of Seamless Technology, Inc. and its  divisions;  Pinneast.com, Merchandizer, URT (United Russian Technology) and the Seamless Telecommunication Network.  We are diligently working on our 10q and 10k filings, and hope to have an annual report out to you in a timely manner after the close of 2009.  Financially, Seamless has virtually no debt, is cash flow positive, and we think positioned for growth led by Mr. Brian Popken of our Pinneast division, which is expected to show revenues of approximately $800,000 for 2009. Growth at Seamless has always been centered on the high productivity utilization of online services and use of the internet for education, VOIP, and e-commerce. Pinneast has been a pioneer in online educational training and has provided the US Army as well as many fortune 500 companies with its services for many years.

Seamless is pleased to announce that during this year we have undertaken the endeavor of  expanding our online educational services by attempting to acquire an accredited college to create a new online university division.  The downturn in the economy has forced companies to hire only the best qualified job applicants. This, combined with high transportation fuel costs, increased campus tuition and time consumed to attend a physical campus has created an opportunity for Seamless as more people seek online education, certified training classes and the fulfillment of situational requirements. Mr. Popken of Pinneast has been instrumental in leading this expanding area of growth for us as we develop additional synergistic avenues that can potentially add to Seamless' bottom line.

We are excited about Seamless’ future, and look forward to keeping you informed of our progress.  We invite you to contact us with any questions or suggestions you may have as we work to grow your company and to develop its position in the rapidly growing online educational services industry.

Best Regards,

 

Borys Rafalowicz, CEO

 

FORWARD-LOOKING STATEMENTS:
Statements about the Company's future expectations, including future revenues, plans, estimates, projections and earnings, and all other statements in this letter to shareholders other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; the Company will appropriately inform the public.

Jim Williams,
Investors Relations Contact
American Business Development, LLC
Phone: 702-326-1393

 

 

 
News
 

Seamless Technology Inc's CEO and Chairman Letter to Shareholders - Dec 08, 2009

Seamless Technology Inc's CEO and Chairman Letter to Shareholders - July 23, 2009

Seamless Technology Interviewed by Wallst.net Featuring Company's Emerging Market Growth in North America and Latin America  - July 12, 2007

Seamless Technology Announces e-Commerce and Online Services Contract With Sports Entertainment Company  - Jun 25, 2007

Reinforces Holding Company Strategy - Jun 13, 2007

Chairman and CEO Borys Rafalowicz Continues to Purchase Company Shares in Open Market Transactions - Jun 06, 2007

New Web Site Design for MerchandiZer Software Subsidiary - May 31, 2007

CEO and Chairman Letter to Shareholders - May 24, 2007

Exclusive Technology Research and Licensing Agreement With Russian Firm - Dec 04, 2006

Joint Venture by Its e-Learning Subsidiary With Sales Training Technology Leader - Nov 01, 2006

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