SoftNet Subsidiary, WholesaleByUs, Expands Into The Automotive Industry Increasing Product Offering To Well Over 3 Million Products

BERNARDSVILLE, N.J.--June 21, 2005--SoftNet Technology Corp (SoftNet) (OTCBB Symbol:STTC) (German WKN#: A0B7RZ) announced today that Its wholly owned subsidiary, WholesaleByUs, LLC (WBU) has signed a deal with a major Southwestern United States supplier of automotive products. WBU potentially adds as many as 2,000,000 more products to increase its product offering to as many as 4,000,000.

The supplier of these products has well over 1,000,000 products in inventory. In the future, however, there could be as many as 2,000,000 automotive supplies and products uploaded to the WBU system from this one supplier. These products cover a diverse and wide offering including, but not limited to: filters, batteries, water hoses, alternators, oil, oil additives, windshield wipers, cleaners, and spark plugs.

The warehouse that contains these products is two stories high and expands the length of a full city block. It is located near the WBU fulfillment center, which will facilitate a smooth and quick delivery of products to customers. WBU intends to upload the products to the system this week. Over approximately the next two weeks, all of the automotive products will be available on the WBU Web site and all of the search engines, and third party portals.

"WBU has increased their product offering from about 500,000 to well over 3,000,000 in just about one month," said Mr. James M. Farinella, CEO/President of SoftNet Technology. "They continue to add inventory depth, with a consistent focus on efficiency, customer service and technological advancements."

Please visit our website at www.softnettechnology.com for more information or for Investor Relations; please contact Amy Woodel, Blue-Sky Solutions at (877) 4-BLUE-IR or sttc@blueskyir.com. You may also call the company directly at 866-898-4842 (local - 908-204-9911) James M. Farinella, CEO.

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