There is a marketing blitz planned for next week beginning on Monday, July 27th. Advertisement and/or articles will appear in the L.A. times, Investors Business Daily, and other periodicals.
Please check the Investors section of their website at wordcruncher.com for an excellent summary of company background, product, and marketing information.
Here is a brief fact sheet disseminated from Columbia Financial Research Group
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COMPANY FACT SHEET
COMPANY: WordCruncher Internet Technologies, Inc.
BASE/LOCATION: Alpine, UT
PRESIDENT: Daniel Lunt
PHONE #: 801-756-8833
INVESTOR RELATIONS: Columbia Financial Group 888-301-6271
INDUSTRY: Internet Search Engine
SYMBOL: WCTI
TRADED: OTC (Bulletin Board)
SHARES OUTSTANDING: 8.1 million
ESTIMATED PUBLIC FLOAT: 3 million
PUBLIC SINCE: July 1998
INTERNET WEB SITE: wordcruncher.com
PROJECTED SALES & EARNINGS:
Year Sales Earnings
1998 720,000 (.06)
1999 7,200,000 .07
2000 19,000,000 .58
2001 46,600,000 2.25
2002 77,500,000 4.66
All projections herein are based on management's best efforts at discerning the market potentials and on the successful implementation of the marketing strategies. Additional shares may be added to fund future growth.
Why is it poised to make a move?
* Mr. Lunt, company president and CEO, was Vice President of
Worldwide Marketing for WordPerfect from 1983-1993
* Pioneer company with proprietary technology
* One of the hottest industries
* Most internet stocks are trading at high multiples or are losing
money
* Developed originally at Brigham Young University using millions of
dollars in research
* Unlike other search engines, WordCruncher is available in all
languages
* WordCruncher brings a new search paradigm - search WYSIWYG
* Now being brought to maturity, this engine uses statistical
methodology to look up words or subjects "in context"
* No other product includes the depth of analysis features included
in WordCruncher
* No other product provides the same level of ability to utilize
lexicons and morphing and stemming technology
* Typical search engines only find 5-20% of available information.
(4-3-98 Wall Street Journal article)
* WordCruncher uses a new algorithm to find significantly more
relevant information in a user friendly environment.
Disclaimer: Information contained herein is based on sources we believe to be reliable but we do not guarantee it's accuracy.
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Potential World-Wide Market (excerpt from website)
The world wide market opportunity for a net-server version of WordCruncher is over two billion dollars annually. Even at moderate penetration rates, the opportunity for WordCruncher and its investors is substantial. As any Internet user knows, finding information over the Internet can be a major task. "The need for the next generation of search tools is becoming critical", says Prabhakar Raghaven, an IBM researcher (Scientific American July 1998). "We feel WordCruncher Internet Technologies Inc. represents a real leap forward in search metaphors, in search and research tools, and in multi-lingual searching", says Mr. M. Daniel Lunt, President and CEO.
All of the above statements are based on fact (either from publicly disseminated documents, website content, or statements from Columbia Financial Research Group). This summary is neither a recommendation to buy nor to sell any securities. |
