ANYTHING INTERNET CORPORATION
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3020 North El Paso, Suite 103
Colorado Springs, Colorado 80907
(719) 227-1903 (719) 227-1907 Fax
FOR IMMEDIATE RELEASE
Please contact: Investor Relations
(719) 227-1903 Ext. 102
E-Mail: anything@sitra.com
Internet: anythinginternet.com
ANYTHING INTERNET'S ANYTHINGPC.COM UNIT
RECEIVES COMPAQ AUTHORIZATION
Colorado Springs, Colorado - September 13, 1999 -- Anything
Internet Corporation (OTC Bulletin Board: ANYI) announces that it
has been authorized by Compaq Computer Corporation (NYSE:
CPQ) to resell Compaq's Consumer Product line through its
AnythingPC.com Internet storefront. As a Compaq Authorized
Consumer Products Dealer, Anything Internet will be able to offer
its customers a variety of Compaq consumer products, including their
award winning Presario computers.
Compaq recently introduced an Internet reseller program which
defines requirements that Internet resellers must meet in order to sell
Compaq's consumer products over the Web. Compaq is one of
America's largest manufacturers of personal computers and was
recently named the top retail brand by NPD Intelect; Compaq led
the U.S. desktop and notebook markets with respective shares of
32% and 49% for the month of July.
J. Scott Sitra, Anything Internet's President and Chief Executive
Officer, stated, "We are very pleased Compaq Computer has
authorized us as a dealer in their new Internet reseller program. As
an authorized dealer we are now able to offer our customers one of
the most sought out name brands in computers. This fits into our
marketing strategy of offering our customers a broad, yet highly
desirable, product selection. We look forward to a long and mutually
beneficial relationship with Compaq."
"Compaq is committed to providing Presario customers with choices
in where and how they purchase their PCs and is excited about
authorizing AnythingPC.com, a leader in on-line sales," said Ray
Robidoux, Vice President of Sales and Marketing, U.S. Consumer,
Compaq Computer Corporation. "AnythingPC.com provides
consumers with all the elements needed to ensure a highly satisfying
experience such as product support, technical service and convenient
and secure transactions."
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, 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. For a
description of additional risks and uncertainties, please refer to
Anything Internet's filings with the
Securities and Exchange Commission.
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