FOR IMMEDIATE RELEASE ~~~~~~~~~~~~~~~~~~~~~
Please contact: Sitra Enterprises, Inc. Investor Relations (719) 227-1903 Ext. 102 E-Mail: anything@sitra.com
Internet: anythinginc.net
ANYTHING INTERNET ANNOUNCES SHAREHOLDER CONFERENCE CALL
Colorado Springs, Colorado – July 2, 1999 -- Anything Internet Corporation (OTC Bulletin Board – ANYI) cordially invites all shareholders, financial analysts, stockbrokers, market makers and other interested parties to participate in a telephone conference call to review recent business and financial developments. The conference call will be co-hosted by J. Scott Sitra, Anything Internet's President and Chief Executive Officer, and Robert C. Schick, Anything Internet's Chief Technology Officer. Details are as follows:
Date: Tuesday, July 6, 1999
Time: 4:30 p.m. EDT
Telephone Number: (212) 346-6513
On July 6th, just prior to the scheduled time, please dial the telephone number and ask to be connected with the Anything Internet conference call.
Replays of the conference call will be available between 5:30pm and 10:00pm EDT on July 6th by dialing (619) 812-6440 and using access code 12687218. Audio cassette recordings will be available afterwards by request through Investor Relations.
Anything Internet reported record revenues for the third quarter of fiscal 1999 ending March 31, 1999 of $751,934, an increase of 707% from the same period a year ago. The loss per share for the quarter was $(0.04) compared to ($0.25) for the same period a year ago. Revenues for the nine-months were a record $2,403,629, an increase of 2,325% for the same period a year ago. The loss per share for the nine-months was ($0.12) compared to ($1.35) for the same period a year ago.
Anything Internet Corporation, headquartered in Colorado Springs, Colorado with a business-to-business sales and support office in Tampa, Florida, is a publicly held Internet e-commerce holding company. Through its wholly-owned subsidiaries, Anything Internet operates Internet storefronts www.anythingpc.com, www.anythingmac.com and www.anythingunix.com, and sells over 201,000 different computer hardware, software and peripheral products. Anything Internet's e- commerce enabling technology provides its customers with exceptional product choices, superior pricing and delivery options, and easy-to-use search and purchase capabilities. Banyan Corporation (OTC Bulletin Board: BANY) controls 26 percent of Anything Internet's Common Stock.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward- looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Anything Internet Corporation) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planed capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Anything Internet Corporation. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws, and market competition factors.
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