SANTA ROSA, CA--(Marketwire - 06/17/11) - At a private conference late Friday attended by sophisticated participants in the technology space, Democrasoft, Inc. (Pinksheets:DEMO - News) presented its current business plan, which included a statement of the Company's internal expectations regarding the financial performance the Company believes might be attained in 2014. This Company's business plan was provided to assist attendees in understanding how the Company believes its business model could produce profits in the future. Noting that the Company presently has no meaningful revenues or significant customer base and that its products are constantly being refined and are subject to a great many contingencies, the Company also noted that it believes, if a great many things go right and go according to the Company's plans and assumptions, the Company could achieve revenues of up to $100 million and pretax net income of up to $89 million in 2014. Some basic information regarding the Company's business plan and models are set forth in the 2010 Annual Report on the Company's website: http://Democrasoft.com. There can be no assurance that the projections will indeed be realized.This Press Release contains forward-looking statements similar to those covered by the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The Company believes that the information regarding its long-range business plans, while based upon a number of assumptions and optimistic expectations, is also based on reasonable assumptions by the Company in view of the long range aspects of the statements. These forward-looking statements are clearly subject to numerous uncertainties and risks, and actual results and developments are likely to differ materially from the expectations of the possible long terms results of the new business plan. Factors which could affect the implementation of the business plan, the Company's operations and prospects include errors in assumptions, the costs and uncertainties of pursuing new product development, the need for additional funding, the Company's ability to pursue and develop new or additional operating strategies, market resistance to new products, competition, inability to obtain sponsors, and retention of key employees. The Company is not responsible for updating any such forward-looking statements.About DEMOCRASOFT:Democrasoft, Inc., headquartered in Santa Rosa, CA, is a 20-year-old public company (Pinksheets:DEMO - News) with a history of pioneering technology. The company's flagship platform, Collaborize®, is a web-based solution for organizing groups with a common purpose into powerful, decision-making communities. It is designed to empower groups of all sizes -- businesses, non-profits, organizations, governments, their members and citizens -- to resolve real problems and drive toward actual implementation of collective solutions. Democrasoft is dedicated to facilitating a vision of online "social networking with purpose." Collaborize Classroom is Democrasoft's offering in the Education Technology space and is provided free to teachers around the world. For more information, please visit http://democrasoft.com and http://collaborizeclassroom.com.
- Democrasoft, Inc.
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