June 11, 2009 (FinancialWire) — TransNet Corp.’s (OTCBB: TRNT) board has authorized the repurchase of up to 500,000 shares of the company’s common stock.

Branchburg, New Jersey-based TransNet is a unified communications and IT sales and support provider for corporate, educational, and governmental clients.

TransNet provides solutions including system design and integration, help-desk support services and end-user training.

The company’s clients include primarily companies in the oil and gas, finance and communications industries, as well as educational and governmental institutions.

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