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SPOM SPO Global Inc (PK)

0.0037
-0.0001 (-2.63%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SPO Global Inc (PK) USOTC:SPOM OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0001 -2.63% 0.0037 0.0013 0.0095 0.0039 0.0029 0.0039 2,650,820 21:30:12

SPO Global Wins a Milestone Order for Its New Software Solution "Sentinel"

20/06/2016 2:25pm

Access Wire


WOBURN, MA / ACCESSWIRE / June 20, 2016 / SPO GLOBAL Inc. (OTC: SPOM), an emerging technology company is pleased to announce that it has successfully completed the installation of its new software solution "Sentinel" with Melbourne Water, Australia.

Melbourne Water is owned by the Victoria Government. Its focus is to manage water supply catchments, treat and supply drinking and recycled water, remove and treat most of Melbourne sewage, and manage waterways. For more information visit: www.melbournewater.com.au.

Owen Dukes, CEO of SPO Global Inc., commented, "We are very pleased that Melbourne Water chose our company, Reflective Solutions and have installed our Sentinel tool as a key part in their monitoring performance for their enterprise applications. This is another important step in winning major customers around the world where we sell our two leading software solutions."

"Our new software product Sentinel is starting to win major customers around the world, and we are extremely pleased with the response. The opportunity to grow revenues is reflected in a growing pipeline of pilot projects that we are currently engaged on."

"We have only scratched the surface for selling our Sentinel Solution and we are revising our revenue growth substantially upwards based upon the projects we are currently engaged with."

About SPO Global Inc.

SPO (SOFTWARE PERFORMANCE OPTIMIZATION) GLOBAL INC, is an emerging technology company that is focused on selling its unique performance testing optimization and monitoring software IP for all enterprise applications. The focus of SPO is to build the company into a major player in this exciting billion dollar market.

SPO Global recently purchased the technology company Reflective Solutions Ltd that sells its unique IP software to major enterprises in North America and Europe.

The principle software products of Reflective Solutions is "Stress Tester" a robust Performance Stress testing solution for large enterprise applications and its new product "Sentinel" that is providing enterprise customers an intelligent monitoring solution 24/7 software as a service (SAS).

SPO Global recently released its annual financials which can be found on the OTC MARKETS web site at http://www.otcmarkets.com/stock/SPOM/profile.

For more information on SPO Global visit: http://www.spoglobal.com/.

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, expectations regarding the successful expansion of our product base, profitability, market acceptance of our products and new product applications, timing of new product launches, product performance, size of prospective markets, marketing strategies, success of our restructured operations and plans, our ability to generate fees or raise capital to support our business operations and plan, the sufficiency and availability of working capital, changes in economic conditions generally and in more specifically, the introduction of competing products, changes in our operating strategy or development plans, patent protection for our products and technologies, changes in economic conditions generally and in more specifically, in the markets we operate, changes in technology, legislative or regulatory changes that affect us. We undertake no obligation to revise or update any forward-looking statement for any reason.

SOURCE: SPO Global Inc.

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