HOUSTON, TX ( DailyNews ) July 15, 2010 – So Act Network, Inc. (OTCBB:SOAN) announced today that it has reached an agreement with Venture Point Network (VPN) where VPN’s investor database will be integrated into So Act’s innovative social networking platform to create the first investor social network supporting socially conscious investments.
“In addition to letting our full database know about the outstanding new benefits VPN subscribers will be afforded, we are thrilled to also be moving our existing and future high net worth member database of subscribers into new accounts at So Act,” said Shannon Hutcheson, Venture Point Network and http://venturepointir.com/ CEO. “We know our discerning subscribers will benefit tremendously from So Act’s platform. It truly is the closest thing to real-time you can get for turning communication into action among many people and it provides a harmonious bridge between our economic goals and socially conscious approach to investor awareness.”
“Here is a unique opportunity to leverage our technology to improve VPN’s awareness campaigns of worthwhile investments that provide great potential benefit to society with valuable contributions that can translate into sustainable change,” according to Greg Halpern, So Act President. “As our Network engages and mobilizes champions of change into a collaborative and collective force for positive action, integrating an Investor Database of this scale will greatly expand and reward VPN’s socially conscious client opportunities and their audiences for their commitments to better our planet.”
With several features not yet available anywhere else on the Internet, So Act’s Web 4.0 technology, substantially improves productivity with features like Conversational Engagement which cross-pollinates efforts, Media Drive (this is a browser-based private internal network allowing secured file preview, file sharing and file transfer without any hardware, software or set-up), and Intuitive Alerting which matches efforts with other like-minded thinkers on parallel paths.
About Venture Point Network
Revolutionizing today’s method of investor relations, Venture Point Network utilizes multiple syndication outlets, media streams, and the proprietary Investor Connect System™ to mobilize and deliver funding to the doorstep of tomorrow’s greatest discoveries, breakthroughs, advances, and opportunities.
Uniting venture capitalists with funding possibilities, in a way previously unthought-of, has netted Venture Point Network a myriad of high profile clients as well as an ever growing organization of angel investors primed for taking action in a variety of industries including real estate, technology, finance, and energy.
About Shannon Hutcheson
As Venture Capital Advisor to many firms over the last 10 years, Shannon Hutcheson has been connecting the industry’s brightest entrepreneurs and projects with venture capital from around the world. From Los Angeles, to New York, Beijing, and Sydney, Hutcheson brings over 6 million broad ranging investors to bear for inventors, entrepreneurs, and experts – all willing to showcase their work and form lasting partnerships.
About So Act Network, Inc.
So Act Network, Inc., a development stage company, focuses on creating an Internet search engine and networking Web site. It offers live So Act Search Engine and So Act Network. The So Act Network consists of Conversations, a zero-spam communication tool that combines email and real-time chat with security and archiving, as well as allows a user to have as many simultaneous conversations going as he or she wants by cloning the tool. It has a joint venture agreement with Venture Point Networks to provide back-end programming to support the VPN subscribers. The company was founded in 2005 and is based in Humble, Texas. So Act Network, Inc is endorsed by William Shatner as “a ray of hope amidst all the gloom,”
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve risks and uncertainties. These statements may include statements regarding stock-based compensation charges and our plans to invest in our core business and make significant capital expenditures. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, unforeseen changes in our hiring patterns and our need to expend capital to accommodate the growth of the business, as well as those risks and uncertainties included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in our Annual Report on Form 10-K for which is on file with the SEC and is available on our investor relations website at SoAct.Net and on the SEC website at www.sec.gov. So Act is a registered trademark of So Act Network, Inc. Venture Point Network is a registered trademark of Venture Point Networks. All other company and product names may be trademarks of the respective companies with which they are associated.
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