Business
Netoy, SafePay Accelerate Activities
Netoy, SafePay Accelerate Activities.
About this update from Broadside Enterprises, Inc.
[{"type":"text","content":"SafePay Increases Annual Revenue Projections as Vendor Relationships Flourish \r\n\r\nFAIR OAKS, Calif., January 31, 2006 -- Netoy.com (OTC: NTOY) announced today that its acquisition of SafePay Solutions, Inc. received an expected boost after SafePay advised Netoy that SafePay's annual revenue projections are being adjusted upward. Confirmation of increased transactional efficiencies and capabilities from key SafePay vendors drove the announcement. This development will allow accelerated domestic and international expansion of the SafePay product line. \r\n\r\n\"The relationship between Netoy and SafePay is moving forward much faster than anticipated,\" Matt Bardasian Jr., President of Netoy, stated. \"Both companies have been working collaboratively to ensure a smooth transition.\"\r\n\r\nSafePay's revenue and growth projections are linked in part to the company's vendor relationships, where processing limitations can negatively affect future growth and inhibit the company's ability to meet customer demands. With these limitations now minimized, SafePay management states it is in a position to restate the company's 2006 revenue goals upward. An additional announcement of exact revenue goals is expected later this week.\r\n\r\nAbout Netoy \r\n\r\nNetoy.com was one of the first online toy companies. In late 2004, Netoy restructured operations and changed management, resulting in a refined business model poised to implement innovations within the toy industry. Netoy.com currently carries a variety of preschool toys and games for the Net generation. \r\n\r\nMore information about Netoy can be found at:\r\n\r\nhttp://www.netoy.com\r\n\r\nAbout SafePay\r\n\r\nAs an online payment provider, SafePay endeavors to provide its customers with the highest degree of security, ease-of-use and speed of any online payment system. SafePay's solutions for business and consumers around the world are designed to be innovative, secure and cost-effective. With SafePay Solutions, anyone with an e-mail address can send and receive payments, while merchant and corporate clients can conduct business with a vast array of financial management tools.\r\n\r\nMore information about SafePay Solutions can be found at:\r\n\r\nhttp://www.safepaysolutions.com\r\n\r\nNotes about forward looking statements \r\n\r\nExcept for any historical information contained her...