Its strategy is to roll-up companies in the technology and media fields from current and emerging technologies. Seamless Technology (ST) Inc is a holding company offering e-learning and e-commerce solutions to business partners where the upfront investment is absorbed by ST to later share the back-end revenues. Today, Seamless Technology consists primarily, in addition to other minority holdings, of two established technology companies "Pinneast.com, Inc. and MerchandiZer Software, Inc."

Pinneast	MerchandiZer

Pinneast Inc. (www.pinneast.com), an eleven-year-old e-Learning services provider, which is one of the only eLearning companies that survived the shakeout caused by the bursting of the Internet bubble because of its large government and Fortune 500 clients. The Company has a present order backlog, including a contract from the US-Army. Pinneast has been selected as part of a defense contractor team for the United States Army’s DLETP program which is estimated at $483 million over the next five years. Other clients of Pinneast include Dow Chemical, Wachovia, Volvo Trucks, Delta Airlines and Johnson and Johnson, among others.

The Company offers web based course management, learning management systems, LMS hosting and e-Learning technical support. Unlike its competitors, who offer a product that is one size fits all, Pinneast is capable of designing e-Learning products that are tailored to the specific needs of each client.

MerchandiZer Software Inc. (www.merchandizer.com), the second operating subsidiary of Seamless, which is a seven-year-old eCommerce software company and service provider that provides end to end online services for small to medium sized companies that want to expand their marketing to the Internet sales channel. Since its inception MerchandiZer has provided e-commerce to all type of clients numbering approximately 3,000, with such well-known names as Dole Plantations, Total Discount Vitamins, Go-To Forms and Kids Customs. The Company's software has been awarded the PC Magazine's Editor's Choice Award as tops in its field. The key feature of the software is that it allows users to add customized design features, as opposed to most of its competitors that require that the merchant/client have a store that looks like all other stores utilizing the same software.

MerchandiZer keeps its software up-to-date with the latest advances in Internet marketing, and its e-commerce software has an exclusive Internet marketing feature built into its software that allows the merchants/clients to optimize their entire catalog and categories for search engines, and achieve very high ranking, including the first and second pages in the search engines, such as Google and Yahoo. MerchandiZer provides a wide range of templates that enable web designers to customize sites. This allows merchants/clients, without design flair, to build a respectable looking eCommerce site by simply picking pre-packaged design themes, and then choosing from the 30 built-in templates designed to suit every catalog layout requirement. The Company also aids its clients with web promotion and online marketing services, including Search Engine Optimization that increases the presence of the site on the web, and thereby attracts more customers to the client's site.

Seamless’ MerchandiZer products provide strategic partners (ISP, VOIP, Telecom, Graphic Design Houses, etc.) with both Standard and Premium e-commerce software and service packages that include hosting, email, and full feature shopping cart, capabilities. The platforms can be branded for each partner and are available in multiple languages so that each partner can  offer them as a complementary product to their own product line for their client base. For merchants who subscribe through our partners, ST also manages the provisioning, billing, and payment transactions from the back-end.  This means there is very little (if any) work involved for subscribers, enabling them to concentrate on promoting their products.  We also offer web design and Search Engine Optimization services to assist them in increasing traffic to their e-commerce website.  Search Engine Optimization (SEO) features integrated inside the web-based manager to enable product searches of each storefront and provide maximum exposure to online search engines. All the products and services are based on powerful and secure web servers located on the most reliable data centers.   In addition, customers do not incur any  additional software or hardware investment.

MZ-Gate is an online/offline payment gateway and merchant account provisioning system that enables ST to receive a transactional and purchase value revenue share for each product/service sold online from merchants provisioned through our platforms.  Moreover, the gateway and merchant services can be white-branded as a wholesale package to preferred partners.   This is our “cash-cow” product that will grow ST’s profits exponentially by sharing the revenues produced by thousands of merchants.  An illustration of the revenue potential is based on MerchandiZer’s current client base where in 2005 customers produced an estimated revenue total of $30 million on over 800,000 transactions.  With a gateway in place, ST could have netted $0.25 per transaction and an average of 0.005 from each dollar value sold, or a total of $350,000 per year. As part of our business strategy, we intend to market the gateway to convert the existing customer base, as well as include it with our packages for all new customers.

Products services that help merchants maximize te visibility of their online product catalog through the premium services of SEO architecture design.  A great web design or product catalog does not add revenues if the online storefront is not visited by a high traffic of online consumers that actually buy products.  Our Preferred Client Services (PCS) offer consulting services to make the most of selected customer’s online storefront design, shopping cart structure, site flow/“stickiness”, and web management to realize more online sales and increase their online conversion ratio (visits/sales).  

SUCCESS METRICS FROM THE PREVIOUS 8 MONTHS

1. Completed a complex migration to a new data center with 100% uptime guarantee/reliability and enabled self-managed server racks to eliminate IT labor dependency..  revenues from the new hosting platforms increased by 10% .
2. Reduced labor, overhead, operational costs by over 50% for hosting and e-commerce platforms.
3. Upgraded MerchandiZer to a premium price offering to increase GM by 40% and decrease breakeven points by 90%.
4. Increased productivity by 60% by leveraging low operational costs through  strategic partnerships/lean management.
5. New e-commerce platforms increased market reach by 100% and expanded product portfolio by 400%.
6. Increased customer service and tech support infrastructure for faster response rates.
7. Identified potential CIR resellers and preferred partners with a combined Client database of 1.8 million global merchants and began negotiating partnership agreements to begin the anticipated explosive growth cycle.

ST has three acquisitions planned from companies with high tech sales and telecom infrastructure, e-marketing, and a point of sales hardware/software industry to complement its product and market reach.  There are other mergers and acquisitions pending to complement its business portfolio and become a unique brand in the technology solutions, infrastructure, and application arena.

FORWARD LOOKING STATEMENTS:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release 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.