ANYI News!!
Thursday September 9, 9:00 am Eastern Time
Company Press Release
Anything Internet's anyCoffee.com Division to Participate in NASCORE '99 Coffee and Beverage Expo
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Sept. 9, 1999--Anything Internet Corporation (OTC BB:ANYI - news; OTC BB:BANY - news) announces that its wholly-owned subsidiary, Anything Coffee Corporation (anyCoffee.com), will be hosting a booth at the upcoming North American Specialty Coffee and Beverage Retailers Expo '99 (NASCORE). The Expo will be held in San Francisco, California between September 11th and September 13th. More information on the Expo can be found on the Internet at www.freshcup.com/nascore.
Anything Coffee's booth will feature a live running version of the www.anycoffee.com Internet storefront, an interactive system to gather customer marketing information, and various promotional giveaways, including a daily random drawing for a free FreshRoast Coffee Bean Roaster.
J. Scott Sitra, Anything Coffee's Chairman and Chief Executive Officer, stated, ``This is an exciting branding opportunity for Anything Coffee. Currently there are no dominant Internet resellers of coffee and/or related products. Having a presence at this year's NASCORE Expo will give us a significant boost in terms of new relationships with roasters and venders, as well as putting our brand out there in front of more than ten thousand new potential customers.'
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 AnythingPC.com, AnythingMAC.com, AnythingUNIX.com, anyCOFFEE.com, and AnythingBOOKS.com where it sells over 201,000 different computer hardware, software and peripheral products, more than 100 different specialty coffees and one of the largest selections of books, magazines and music available. 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.
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. For a description of additional risks and uncertainties, please refer to Anything Internet's filings with the Securities and Exchange Commission.
Contact:
Anything Internet, Colorado Springs Investor Relations, 719/227-1903, ext. 102 anything@sitra.com anythinginternet.com |