SSFT - Sonasoft Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.1500
-0.0080 (-5.06%)
At close: 3:51PM EDT
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Previous Close0.1580
Open0.1580
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.1500 - 0.1580
52 Week Range0.0700 - 0.3500
Volume27,850
Avg. Volume48,017
Market Cap31.005M
Beta (3Y Monthly)1.38
PE Ratio (TTM)N/A
EPS (TTM)-0.0020
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire21 days ago

    Sonasoft (SSFT) Reports Q1 2019 Revenue of $1.95M, an Increase of 673% vs. Q4 2018 and 891% vs. Q1 2018

    Sonasoft Corp. Q1, 2019  revenue was $1,955,286, an increase of $1,664,642, or 673 percent over the previous quarter and $1,735,769 or 891 percent over the Q1, 2018. The revenue increase is a result of the Company’s announced acquisition and integration of Cornerstone Technologies, Inc. as part of its strategic business expansion initiative.

  • GlobeNewswire2 months ago

    Cornerstone Technologies, a Sonasoft (SSFT) Company, Awarded Contract Worth Nearly $270,000 from Fortune 600 Tech Company for Microsoft SQL Server Upgrade & Replication Services

    San Jose, CA, May 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery, artificial intelligence (AI), and business continuity solutions, is pleased to announce that its subsidiary, Cornerstone Technologies, has been awarded a contract worth nearly $270K from a Nasdaq listed Fortune 600 B2C tech company. Sonasoft will upgrade the client’s Microsoft SQL Servers from 2008 to the latest version and complete a database replication project.  To accomplish the work order, Sonasoft will leverage SonaSQL and bring the client to the latest versions of Microsoft SQL Server. SonaSQL is part of Sonasoft’s technological IP, and it allows enterprises to seamlessly perform backup, recovery, replication, and migration services to Microsoft SQL Servers.

  • GlobeNewswire2 months ago

    Sonasoft (SSFT) and Cornerstone Technologies, a Sonasoft Company, Announce 2018 Fiscal Year-end Revenues of $979K and $10.4M Respectively; Combined Revenue Estimated Over $11M with 1,900% Increase YoY

    SAN JOSE, CA, May 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions, and Cornerstone Technologies, a Sonasoft company, are pleased to report their fiscal year-end (FSE) financials.  Sonasoft posted audited revenue of $978,882 for fiscal year 2018, which is an increase of almost 72 percent over the revenue reported for fiscal year 2017 of $570K. Cornerstone Technologies posted unaudited revenue of $10,470,986 for fiscal year 2018. The combined result marks an over 1,900 percent revenue increase year-over-year (YoY), compared to Sonasoft’s 2017 results.

  • GlobeNewswire3 months ago

    Sonasoft (SSFT) Signs Definitive Purchase Agreement to Acquire Data Engineering and Artificial Intelligence (AI) Company, E-Connect Software, Inc.

    SAN JOSE, CA, May 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions is pleased to announce that it has signed a definitive purchase agreement to acquire the data engineering and artificial intelligence (AI) company, E-Connect Software, Inc., and all its related interests, assets, and intellectual property. E-Connect Software, Inc. is a data engineering and AI consulting firm with deep expertise and a proven track record in data management, cloud migrations, and data integration. E-Connect Software has an unaudited 2018 revenue estimated to be over $2.5 million with a net profit that exceeds 12 percent.

  • GlobeNewswire3 months ago

    Sonasoft (SSFT) Completes Acquisition of Artificial Intelligence (AI) Company, Hotify, Inc.

    SAN JOSE, CA, April 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions is pleased to announce that it has completed the acquisition of Hotify, Inc. and all its related interests, assets, and intellectual property. Hotify’s accounting books have been audited, and Sonasoft’s Board has approved the acquisition. The completion of these objectives finalized the acquisition that now makes Hotify, Inc. a Sonasoft company. “This acquisition is pivotal to Sonasoft’s future,” said Frank Velasquez, CEO of Sonasoft.  “Hotify’s IP offers real intelligence.

  • GlobeNewswire3 months ago

    Sonasoft (SSFT) Wins Contracts Worth Over $100K with Major California School District

    SAN JOSE, CA, April 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions and services, is pleased to announce that it has been awarded contracts from a major California School District to provide data protection solutions through its subsidiary, Cornerstone Technologies. “The sales team has done an excellent job executing on our ‘land and expand’ sales strategy,” stated Frank Velasquez, CEO of Sonasoft Corporation. “As a company, our aim is to enable our clients to gather, analyze, and transform their data for intelligent decision-making. We will continue to progress this goal by coupling our data archival, backup and replication, data discovery, and artificial intelligence solutions into our client base and beyond.

  • GlobeNewswire4 months ago

    Sonasoft Corp (SSFT) Signs Letter of Intent (LOI) to Acquire Two Artificial Intelligence (AI) Companies

    SAN JOSE, CA, April 03, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions, announces that it has signed a non-binding letter of intent (LOI) to acquire E-Connect Software, Inc. and OPtimAIze, Inc., along with all related interests and assets. E-Connect Software, Inc. is an artificial intelligence (AI) consulting firm that connects people, processes, and technology to deliver AI-based enterprise solutions to resolve specific challenges and build new capabilities. E-Connect Software, Inc. has a proven team of data scientists and AI engineers, that are located in Silicon Valley and India. E-Connect Software, Inc. is a profitable company with unaudited revenues for 2018 estimated to be over $2.5 million and net profits of over 12 percent.

  • GlobeNewswire4 months ago

    Sonasoft (SSFT) Wins Contract Worth over $350K with Major Transport System

    SAN JOSE, CA, March 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT),  a leader in innovative eDiscovery and artificial intelligence (AI) solutions, is pleased to announce that it has been awarded a contract worth over $350K from a major regional transit system through its subsidiary, Cornerstone Technologies. Additionally, this win has opened the dialogue for this transport agency to adopt Sonasoft’s eDiscovery and artificial intelligence (AI) solutions. “Our sales team has done an amazing job, but this new piece of business is also the result of a collaborative effort with our engineering delivery team,” said Frank Velasquez, CEO of Sonasoft. “We originally won a Microsoft Office 365 migration contract with this client a few years back. Our delivery team not only completed that project as agreed, but we exceeded customer expectations. This opened the door for recurring business and has created deep business relationships based on trust and genuine value.

  • GlobeNewswire4 months ago

    Sonasoft Corp (SSFT) Jointly Signs Definitive Purchase Agreement to Acquire Artificial Intelligence (AI) Company, Hotify, Inc.

    Hotify is a global artificial intelligence (AI) company that is committed to accelerating the adoption of AI in enterprise solutions with its AI platform, NuGene. The acquisition is expected to finalize following the audit completion of Hotify’s financial statements. After the acquisition is completed, Hotify, Inc. will become a separate, wholly owned subsidiary of Sonasoft.

  • GlobeNewswire5 months ago

    Cornerstone Technologies, a Sonasoft (SSFT) Company, Announces Partnership with Trusted Data Solutions

    San Jose, CA and New York, NY, Feb. 27, 2019 -- via NEWMEDIAWIRE -- Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions,.

  • GlobeNewswire5 months ago

    Sonasoft (SSFT) Extends Archiving & eDiscovery Capabilities to Include Microsoft Teams, Slack, Symphony, Skype for Business, Bloomberg, Twitter, Yammer, & over 40 Data Sources through OEM Partnership with Globanet

    San Jose, CA and Los Angeles, CA, Feb. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions, is pleased to announce an OEM agreement with Globanet™, a leader in data source and application capture for archiving, compliance and eDiscovery.  This partnership will allow Sonasoft to integrate Globanet’s Merge1™ into SonaVault Archiving and eDiscovery Software Solution and extend SonaVault’s proven archiving and eDiscovery capabilities beyond email to over 40 different data sources. Through the integration with Merge1™, Sonasoft can now archive, index, and produce data for an eDiscovery data request from Twitter, Facebook, Skype, Yammer, Microsoft Team, Slack, Symphony, and text chats.  The Merge1 integration turns SonaVault into an open archive and expands Sonasoft’s reach into the enterprise market and allows Sonasoft to pursue new clients in the enterprise space.

  • GlobeNewswire6 months ago

    Sonasoft Corp (SSFT) Signs Letter of Intent (LOI) to Acquire Artificial Intelligence (AI) Company, Hotify Inc.

    SAN JOSE, CA, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions, announces that it has jointly signed a non-binding letter of intent (LOI) with Hotify Inc. to acquire Hotify along with all its related interests and assets. Hotify Inc. is an artificial intelligence (AI) software company and is the developer of NuGene, an AI cloud-based platform that adds intelligence to solve many industry-specific challenges.  Hotify’s engineering team possesses deep expertise in AI, and its enterprise solution, NuGene, has successfully displaced competing solutions that were developed by well-known names in the tech sector.

  • GlobeNewswire6 months ago

    Sonasoft Corp (SSFT) Announces New CEO, Frank Velasquez

    SAN JOSE, CA, Jan. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions, announces that effective immediately, Frank Velasquez has been appointed CEO of Sonasoft Corp. and has also been awarded a seat on the Board of Directors. The Company's former CEO and Founder, Andy Khanna, will transition from his previous role and assist the Company with his nearly fifty years of leadership as an adviser. Andy Khanna, the Founder and CEO of Sonasoft since its inception in 2002, will pass the torch to Mr. Velasquez.  Andy Khanna has played an integral leadership role in building the foundation that has positioned the company for exponential growth.

  • GlobeNewswire6 months ago

    Sonasoft (SSFT) Outlines Goals & Revenue Guidance for 2019

    San Jose, CA, Jan. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sonasoft Corp. (OTCQB: SSFT),  a leader in innovative eDiscovery and artificial intelligence (AI) solutions, is pleased to provide shareholders with its goals and revenue guidance for 2019.

  • GlobeNewswire8 months ago

    Sonasoft Corp. ‘Share Rollup’ Converts 178M Shares (48 Percent) into Preferred Stock

    San Jose, CA, Nov. 06, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sonasoft Corp. (SSFT), a leader in eDiscovery, data archiving, and data migration solutions, is pleased to announce that it has completed a ‘share rollup’ that converts over 178,500,000 shares of its common stock into preferred shares. This action reduces the outstanding share count by approximately 48 percent and leaves the remaining outstanding common share count at approximately 181,500,000. This initiative was originally announced in February 2018 as part of the Company’s ‘2018 Growth Strategy,’ which included this ‘Preferred Stock Initiative,’ as well as completing a two-year audit, uplisting to the OTCQB, and completing the acquisition of Cornerstone Technologies.  The Company has now completed all these initiatives as planned.

  • GlobeNewswire9 months ago

    Cornerstone Technologies, a Subsidiary of Sonasoft, Partners with Exterro to Extend its E-Discovery Services Into Enterprise Market

    SAN JOSE, CA, Nov. 01, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (SSFT),  a leader in e-discovery, data archiving, and data migration solutions, announces that through its subsidiary, Cornerstone Technologies, it has formed a strategic partnership with Exterro, a leading e-discovery and legal software company, to provide enhanced e-discovery and data archiving solutions to large and medium-sized enterprise customers. Exterro is a recognized leader in the e-discovery and legal software market with more than 60 percent of its customer base ranked in the Fortune 500.  Exterro’s Orchestrated E-Discovery Suite unifies both internal and external stakeholders on a central platform while automating and orchestrating all tasks and activities in a coordinated workflow process that reduces the time, cost, and risk of current e-discovery approaches.