ANYI:Anything Internet Announces the Grand Opening Of anyCOFFEE.com
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Aug. 5, 1999--Anything Internet Corporation (OTC BB:ANYI - news;
OTC BB:BANY - news) announces the grand opening of its newest Internet storefront, anyCOFFEE.com (www.anycoffee.com).
anyCOFFEE, operated by Anything Coffee Corporation, a wholly-owned subsidiary of Anything Internet, offers coffee drinkers the
opportunity to purchase over 100 specialty coffees derived from coffee beans originating from more than 18 countries worldwide --
all from the comfort of their homes or offices.
In addition to featuring one of the largest selections of specialty coffees available in any one location, anyCOFFEE.com introduces
JavaJay(tm). JavaJay, a personification of Jay Ferguson, a certified roast master and Anything Coffee's general manager, will
circulate a free periodical newsletter, suggest new coffees and blends, answer coffee drinkers' questions in an on-line forum, and in
general promote the free exchange of coffee information and ideas.
The market for coffee in America is immense. American's spend more than $7 billion annually on coffee and more than 50% of
Americans classify themselves as coffee drinkers. Specialty coffees have been popularized in recent years by retail giant Starbucks
Corporation (Nasdaq:SBUX - news).
anyCOFFEE.com takes America's love affair with coffee beyond the everyday brick-and-mortar coffee store by making its much
larger selection of specialty coffees always available to its customers at very competitive prices via its Internet storefront.
J. Scott Sitra, Anything Internet's president and chief executive officer, stated, ''This is the first of many new ventures taking
Anything Internet beyond the realm of computers and software, and into high demand, high margin product offerings.
anyCOFFEE.com accomplishes this by addressing the growing needs and demands of the huge multi-billion coffee marketplace.
Now anyone can drink the coffee of their choice, at a fair price, without ever having to leave their home or office.''
''Just like with our computer division, we will be focusing our marketing efforts on generating business-to-business sales. Every
business, whether small or large, brews coffee, and we are making it easy and less expensive for them to purchase specialty coffees
each and every morning. Long-term this also translates into higher consumer sales as individuals become aware of our coffees
through their offices and begin purchasing them for home consumption,'' Sitra added.
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, Colo., with a business-to-business sales and support office in
Tampa, Fla., 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, www.anythingunix.com and www.anycoffee.com, and
sells over 201,000 different computer hardware, software and peripheral products and more than 100 different specialty coffees.
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 BB:BANY - news) owns 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, planned 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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