MIAMI, FL -- (MARKET WIRE) -- 10/17/2006 -- Seamless Technology, Inc. (PINKSHEETS: SLSX) (www.seamlesstech.com) -- a leading technology holding company and provider of e-business solutions announced that it has entered into agreements for executing the company's financial initiatives and expanding their presence in the financial media.

The first agreement with Suisse Finance (America) Inc., engages them as its capital markets advisor to assist in the definition and execution of the Company's corporate finance and capital strategies initiatives. As part of the engagement, Suisse Finance will assist the company in identifying strategic partners both domestically and internationally, as well as work closely with the Company in developing a more prominent profile in the investment community. Additionally, they will evaluate other exchange and listing alternatives for the Company which are consistent with the strategic vision of management. Suisse Finance (America) Inc. is an international financial advisory firm and boutique investment banking entity headquartered in New York City with affiliate offices in Florida, Switzerland and Denmark. Suisse Finance (America) offers its clients access to European equity capital through their marketing partnership with the privately owned investment firm Suisse Finance Holding, SA based in Lugano, Switzerland.

The second agreement with Global Consulting Group, Inc., ("Global Consulting") of Annapolis, MD, a leading corporate financial marketing firm, engages that firm to promote awareness of Seamless among brokers in the investment community who are interested in small and micro-cap companies.

"We are truly excited about working with Suisse Finance to achieve our financial goals as well as promoting interest in our Company through Global Consulting. Both of these new initiatives will help generate value for our shareholders. The experience and strong track record of both firms in working with growing technology companies such as ours were among the reasons that we selected them as our marketing and financial partners," said Seamless Technologies, Inc.'s CEO and Chairman, Borys Rafalowicz."

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ABOUT SEAMLESS TECHNOLOGY, INC.:

Seamless Technology is a publicly traded holding company that focuses on the acquisition, development and operating of Internet based technology companies. It presently owns two established technology companies with excellent industry name recognition and reputations. The Company has located other synergistic businesses that it intends to acquire prior to the end of 2006, subject to completion of financing. At December 31, 2006 Seamless had consolidated net shareholders equity of approximately $3,500,000 and is debt free.

The first subsidiary owned by Seamless is Pinneast Inc. (www.pinneast.com), an eleven year-old e-Learning services provider which offers custom web based learning and education, learning management systems, LMS hosting, off the shelf courses and e-Learning technical support. Unlike its competitors, who offer a product that is one size fits all, Pinneast is capable of designing e-Learning products that are tailored to the specific needs of each client. The Company has a present order backlog including contracts from the US-Army and was selected as part of a defense contractor team for the United States Army's Distributed Learning Education and Training Products (DLETP) program. The total contract is estimated at a total value of $483 million over the next five years. Other customers of Pinneast include Dow Chemical, Wachovia, Citigroup, First Data, California Courts, and GlaxoSmithKlein, among others.

The second subsidiary owned by Seamless is MerchandiZer Software, Inc. (www.merchandizer.com), a seven year-old e-Commerce software company and service provider of end-to-end online storefront and shopping cart services for small to medium-sized companies that want to expand their marketing presence on the Internet sales channel. Over the years the Company's software has been awarded various industry recognition awards, and includes custom design features such as templates that enable web designers to customize sites, as well as an exclusive Internet marketing feature that allows the merchants/clients to optimize their entire catalog for search engines. The software has also been recently reengineered to be highly scalable and meet the demands of exponential growth. The Company primarily services small to medium businesses and its clients include brand name companies such as Dole Plantations, Total Discount Vitamins, Go-To Forms and Kids Customs.

FORWARD-LOOKING STATEMENTS:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; the Company will appropriately inform the public.