Disclosure NewswireTMiCrowdNewswire - Sep 28, 2016
WOBURN, MA – S.P.O. GLOBAL Inc. (OTC trading symbol “SPOM”), an emerging technology company wishes to update shareholders on a recent event which underpins the increasing valuation of SPOM Global Inc.
Micro Focus International Plc, a multinational UK public company has just publicly announced its intent to merge with HPE (Hewlett Packard Enterprise).
HPE software products includes its application testing product called LoadRunner, which is comparable and in competition to SPO Global Stress Tester.
Owen Dukes, CEO of SPOM comments, “When I look at Micro Focus’ business modal, there is a clear pattern in our market space. Micro Focus has acquired numerous niche software companies in the recent years.
My interpretation of Micro Focus’ business model is to find niche software companies where the barriers to entry are high, with companies that own their IP and have a proven robust and scalable solution with a growing extensive and renewal business.
This can only be seen as a fantastic opportunity for us to ensure that any potential sale our business will receive the best possible valuation while we continue to grow in our market space, as we focus on developing our software to offer our customers a fully feature rich solution.”
Owen Dukes further commented, “With all the recent potential purchase activity recently announced, I wish to inform shareholders that my focus is growing our business and closing large enterprise contracts especially in North America where we are seeing substantial sales opportunities that will only increase the value of our company.”
About S.P.O. Global Inc.
S.P.O. (SOFTWARE PERFORMANCE OPTIMIZATION) GLOBAL INC, is an emerging technology company that is focused on selling its unique performance testing optimization and monitoring software IP for all enterprise applications. The focus of SPO is to build the company into a major player in this exciting billion-dollar market.
SPO Global recently purchased the technology company Reflective Solutions Corp. that sells its unique IP software to major enterprises in North America and Europe.
The principle software products of Reflective Solutions is “Stress Tester” a robust Performance Stress testing solution for large enterprise applications and its new product “Sentinel” that is providing enterprise customers an intelligent monitoring solution 24 / 7 software as a service (SaaS).
For more information on SPO Global visit: www.spoglobal.com
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, expectations regarding the successful expansion of our product base,profitability, market acceptance of our products and new product applications, timing of new product launches, product performance, size of prospective markets, marketing strategies, success of our restructured operations and plans, our ability to generate fees or raise capital to support our business operations and plan, the sufficiency and availability of working capital, changes in economic conditions generally and in more specifically, the introduction of competing products, changes in our operating strategy or development plans,patent protection for our products and technologies, changes in economic conditions generally and in more specifically, in the markets we operate, changes in technology, legislative or regulatory changes that affect us. We undertake no obligation to revise or update any forward-looking statement for any reason.