Bill---have been watching HYPD for a while now just waiting for something like today's release to come on board...gpg :
HyperDynamics Corp. Reports Strong Revenue
Growth by Wireless Subsidiary
Wired & Wireless Corp. Ships Record Sales for March
HOUSTON--(BUSINESS WIRE)--April 21, 1999--HyperDynamics Corp. (OTC BB:HYPD) Wednesday reported that its
wholly owned subsidiary, Wired & Wireless Corp., has shipped orders for $168,250 worth of wireless-cable-TV equipment
during the month of March.
The company is ramping up to service an increasing demand for these products. According to Wired & Wireless President Ted
Tarver, sales orders were received from Mexico from the largest wireless-TV company in the world, and from a new customer
in South America.
Tarver and company Vice President Joseph Barris recently returned from South America, where they have been developing
business around several significant wireless-cable-TV markets.
''The wireless-TV market outside the United States is extremely large, offering significant opportunities for a technically
competent end-to-end provider of wireless-system infrastructure,'' Tarver said.
''Since Wired & Wireless Corp. is the first company to provide a complete, end-to-end wireless system for its customers, we
expect to see increased interest and demand from the international markets for our services,'' added Barris.
Wired & Wireless plans, designs and implements information systems for customers using wireless technologies such as
multipoint/ multichannel distribution systems (MMDS) and low-power multipoint/ multichannel distribution systems (LMDS).
HyperDynamics, an information-technology services provider, plans, designs, implements and maintains integrated voice, video
and data communications technology that maximizes a business's return on its technology investment. HyperDynamics trades on
the over the counter bulletin board (OTC BB) using the symbol HYPD.
Forward-looking statements in this announcement are made pursuant to the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainty,
including, without limitation, the actual closure and shipment of any sales orders disclosed herein, general technology-market
conditions, competition and pricing. Please refer to HYPD's Securities and Exchange Commission filing copies that are
available off of the HYPD's Internet home page at www.hyd.net, as provided without charge, for additional information.
Contact:
Stock Enterprises, Las Vegas
James Stock, 702/614-0003 |
