TMCnet News
Sarbanes-Oxley Act Prompts D.C. Organization to Seek the Security of Stellar Technologies' Employee Internet Management Solution NAPLES, Fla. --(Business Wire)-- Aug. 25, 2004 -- Stellar Technologies, Inc. (OTCBB:SLLR), a leading provider of employee Internet management solutions, today announced its top of the line management solution, Stellar IM(TM), has been licensed to The Westex Group of Washington, D.C. The Westex Group is the premier trading and export management company in Washington, D.C.The Westex Group was introduced to Stellar Technologies by consulting firm, infoLead Systems, Inc., a leading systems integrators offering professional IT solutions to organizations worldwide. infoLead Systems, Inc. recommends Stellar IM to its clientele because of Stellar IM's robust management and reporting features. Looking for a tool to assist management in monitoring individual employee Internet activity, Westex Group was intrigued by Stellar IM's user level reporting and ability to audit employee Internet usage. Stellar IM's unprecedented user level reporting allows managers from The Westex Group to view Web sites accessed and instant messages sent and received. Additional reporting features provide an inventory of Web surfing and instant messaging activity displayed by page-view counts, hours spent or company dollars wasted. "Maintaining a productive and safe work environment for our employees is vital for The Westex Group. By implementing Stellar IM, we have added an extra layer of security to help ensure our employees are productive while accessing the Internet. By reviewing employee activity reports we can ensure they are not accessing offensive Web sites or speaking inappropriately on instant messengers. Now more than ever, with the Sarbanes-Oxley Act in effect, we must be aware of how our employees are utilizing our Internet connection," states V. Robert George, President and CEO of The Westex Group. More companies are growing aware of how the Sarbanes-Oxley Act affects their organization. Stellar IM's highly customizable interface assists managers with compliance by providing organizations with the flexibility to mitigate non-work related employee Internet activity using real-time reporting and alerting features. About Stellar Technologies, Inc. Florida-based Stellar Technologies, Inc. (SLLR) is a leading provider of Employee Internet Management solutions. SLLR provides real time reports of employee web browsing and instant messaging conversations on a single unified platform, and offers a full line of products from cost-efficient Web based solutions to the in-house Enterprise Edition for businesses or government organizations. Benefits of the SLLR business solutions include increased employee productivity, reduction of IT resources, improved litigation control and increased compliance with applicable regulations. SLLR recently acquired CompuSven, Inc., a Naples, Florida based leading provider of industrial strength e-mail migration, and a specialist in e-mail data and directory management. For more information, visit: http://www.stellarti.com. Forward-Looking Statements: This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including without limitation, statements regarding the Company's future financial position, business strategy, budget, projected revenues, projected costs and plans and objectives of management for future operations are forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," "may," "will," "should," "could," or "would," the negative of such terms or similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial position to differ materially from those included within the forward-looking statements. These factors include, but are not limited to, the acceptance of the Company's products in the marketplace, competition, the Company's ability to generate additional financing, as well as those factors set forth in the Company's Registration Statement on SEC Form SB-2 and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. |
