PALO ALTO, Calif., Dec. 19, 2011 /PRNewswire/ --Sitoa Global Inc. (OTCQB:STOA) (the "Company"), an e-commerce facilitator, announced today that Zacks Investment Research has initiated coverage of the Company.
Zacks, which provides independent investment research to individual and institutional investors, has released a comprehensive report that describes Sitoa Global and its Focused Social Marketplace platform in detail. To request a free copy of the research report, please email info@sitoaglobal.com.
Please note that any opinions, estimates or forecasts regarding Sitoa Global's performance made by analysts covering the Company are theirs alone and do not represent opinions, forecasts or predictions of Sitoa Global or its management. The Company does not, by its reference above or the distribution of the aforementioned report, imply its endorsement of or concurrence with such information, conclusions or recommendations.
About Sitoa Global Inc.
Sitoa Global provides an easy-to-use and comprehensive platform, the "Focused Social Marketplace" that enables online retailers to deploy a social marketplace e-commerce site. Sitoa's platform allows building marketplaces for online sellers with focused social customer networks to expand their sales channels without the risks of focus dilution, and increased capital and operating costs. Sitoa shares in revenues generated by the site in addition to charging integration and hosting fees. Additional information about Sitoa may be found on its website, http://www.sitoaglobal.com.
About Zacks Small Cap Research
Founded in 1978 in Chicago, Zacks Investment Research is one of the largest independent investment research and consulting firms in the United States. The company provides individual and institutional investors with analytical tools and financial information necessary to the success of their investment process. Zacks' models continually process stock reports issued by 3,000 analysts from 150 brokerage firms.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.
Contact:
Investor Relations
info@sitoaglobal.com
SOURCE Sitoa Global Inc.
