Trey Resources, Inc. (OTCBB: TYRIA) announced today that the Company, through its wholly owned subsidiary, SWK Technologies, Inc., has entered into a lucrative software deal with a major, New York-based financial services company. The subsidiary, SWK Technologies, Inc., is a leading complete network solutions provider specializing in business software for manufacturers and distributors. The contract, valued at over $100,000, involved SWK’s Sage Software MAS 500 and attendant services for the financial firm.
Commenting on the recent sale, Jeffrey Roth, CEO of SWK Technologies, said, “We are very excited to announce the closing of this transaction. Our company’s depth of talent and expertise gives us a significant competitive advantage over other solution providers in our marketplace, which is evidenced by the rapid pace at which we continue to win deals. Our sales momentum continues, and we look forward to announcing even more exciting deals in the very near future.”
Trey Resources focuses on strategic business acquisitions and build-outs of technology and software companies. The Company’s growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment of the market. Since the summer of 2004, Trey has acquired three other technology firms in addition to SWK Technologies; Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc.
CEO of Trey Resources, Mark Meller, remarking on recent events, said , “Business is excellent, and we continue to work on sizeable deals in our sales pipeline. We are currently negotiating with several exciting new business partners which will enable us to expand our reach in a new and profitable fashion. We are committed to providing our shareholders with current information about new developments in our business as often as possible, and hope to be in a position to make announcements regarding new alliances in the very near future.”