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Subject: softnet technology ( otcbb : sttc ) > softnet technology corp . ( otcbb : sttc ) what could be a more bullish sign for a public company than its ceo buying back a ton of shares ? very little , and the fact that the ceo / president of softnet has purchased over 1 million shares of sttc in the open market speaks volumes about his commitment and belief in the company ' s prospects . that in turn generally instills confidence in employees , business partners , analysts , shareholders and we expect , our readers . but what ’ s his motivation ? here ’ s what we know . in real estate , it ' s always been “ location , location , location ! ” in the 1990 s technology boom , it was “ platform , platform , platform ! ” after the internet stock bubble burst and the market sorted out the strong from the weak , things settled down and a new term gained prominence in technology circles : “ search engine . ” as yahoo grew and ebay became interactive , tech visionaries could see that “ engine , engine , engine ! ” was the market ' s newest money making mantra . in this millennium , the growth of google and ask jeeves has proven that a good search engine can be a terrific money maker for its owners . softnet technology , has its own proprietary commerce search engine that operates the innovative wholesalebyus . ( softnet acquired wholesalebyus ( wbu ) on july 9 , 2004 ) . as softnet changed its name and trading symbol to meet its new business model in august of this year , management chose to retain one of the company ' s best performing products , instead of selling it off . sttc created a solutions technology subsidiary that would be solely dedicated to the company ' s securetime ® biometric payroll system . that ' s insight - and industry insiders liked the way softnet handled the transition and retention of a prime revenue stream . so , the company now includes a search engine that internet retailers can use to their benefit and a biometric id system for securing work areas and producing complete payroll accuracy … in addition to their present ventures . softnet is already operating in the restaurant industry and the casino industry with its securetime ® software ( can hospitals and hotels be far behind ? ) and the recent launch of the wholesalebyus web site utilizing the company ' s proprietary search engine is a clear indicator that the company is on track , moving ahead , and generating sales . the aggressive nature of softnet ' s management and the products softnet has in operation may well warrant bookmarking their symbol and watching what happens . solutions technology , inc . ( sti ) offers a customized biometric system as a service that integrates fingerprint recognition security seamlessly into virtually any business . the system will dramatically minimize a company ’ s risks , streamline its processes , track its resources , and trim its labor costs . overview softnet technology ( otcbb : sttc ) is a technology based company that through has two wholly - owned subsidiaries - solutions technology and wholesalebyus . solutions technology ’ s plan centers around the company ' s ability to offer a complete biometric turnkey solution for a small or mid - sized company that needs to collect time and attendance , scheduling , entitlements , and personal / pay records . with a seamless interface to payroll services , it provides the client with one of the most cohesive time and attendance management systems available anywhere . wholesale by us provides internet sales predominately via ebay . the system is designed to sell products with minimal labor costs attached to the product . the largest product line is electronics , but is not limited too . wholesalebyus also sell ceiling fans , water fountains , media accessories , and car components . profile solutions technology , inc . solutions technology , inc . ( sti ) provides biometric identification solutions that easily integrate into customer business processes , and optimize several areas of business management that due to issues of security and inefficiecy , have historically squeazed companies ’ profitablility . these areas include : identity verification , secure site access , and time attendance . furthermore , the company , through its experienced management team , has developed a business model that will allow the company to completely eliminate the complexity and the cost of ownership for its customers . the combination of the sti tehnology and revolutionary business model have it positioned to provide a value proposition for businesses of any size , that will simply be difficult to beat . the first part of the solutions technology equation , that seperates the company from others , is that sti offers its positive identification verification systems as a service . in other words , sti customers do not need to make an investment in hardware , software licensing , maintenance contract , spare parts . the customer will never need to purchase upgrades , and will never need an it staff . the securetime system is simple to adopt , making it unique in an industry that due to the high cost of ownership and the complexity of biometric systems , has made it impossible for many companies to implement a solution that meets all of their needs . sti also has developed proprietary technology , unmatched in its industry . solutions technology , inc . ( sti ) offers a customized biometric system as a service that integrates fingerprint recognition security seamlessly into virtually any business . the system will dramatically minimize a company ’ s risks , streamline its processes , track its resources , and trim its labor costs . the sti system generates the secure data transactions and the reports that companies must have in order to raise the standards for security and efficiency of its business processes . securetime ® biometric solutions utilize cutting edge technologies that identify , capture , and manage these resources and other demand information . the system enables clients to supervise and control their resources precisely and become more efficient , directly affecting their bottom line . the system consists of two key components : stand alone biometric terminals and a back office suite of software services managed by sti . the terminals operate independently at your site and are synchronized via internal modem or internet access . each biometric terminal verifies identity while recording a time - stamped transaction . the configurable back office suite performs data collection and report generation in a variety of formats , media types and delivery methods . furhtermore , sti ’ s new securetime online allows a business to get its own reports at any time from anywhere . typical applications for the flexible securetime ® system are : identity verification ( tracks your resources precisely , by location ) secure site access ( controls your alarms , turnstiles , and / or doors ) time attendance ( calculates labor hours , exports directly to your payroll service ) wholesalebyus wholesalebyus ( wbu ) is a web - based , application server based software system that looks to take advantage of the boom in internet commerce . in fact , google ' s ipo focused investor attention on the growth of the overall search engine marketplace , while shopping . com ' s ipo helped focus investor attention on comparison shopping search . wbu looks to take advantage of this burgeoning industry through its proprietary technology that optimizes every aspect of the internet marketplace . the wbu system gives customers the ability to provide suppliers , manufacturers , retail stores and the like , exponentially expanded visibility and awareness for their products . distribution and sale of manufacturer , supplier and retail outlet products utilizing the wbu technology for distributi