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BANYAN CORPORATION ================== 967 Elkton Drive Colorado Springs, Colorado 80907 (719) 531-5535 (719) 531-9135 FAX
FOR IMMEDIATE RELEASE ~~~~~~~~~~~~~~~~~~~~~
Please contact: Sitra Enterprises, Inc. Investor Relations (512) 453-3817; Fax (512) 453-7553 E-Mail: bany@sitra.com
Internet: sitra.com
NOTICE OF CONFERENCE CALL
Colorado Springs, Colorado - May 13, 1998 -- Banyan Corporation (OTC Bulletin Board -- BANY) cordially invites all shareholders, financial analysts, stockbrokers, market makers, and other interested parties to participate in a telephone conference call to review the first quarter 1998 and recent corporate developments. The conference call will be hosted by Cameron Yost, Banyan's President and Chief Executive Officer. Details are as follows:
Date: Monday, May 18, 1998
Time: 1:00 p.m. EST
Telephone Number: (303) 633-0623
On January 18th, at anytime during or just prior to the scheduled time, please dial the telephone number and you will immediately be connected to the conference call. This conference call will not be operator moderated, so please speak only when asking a question and remain quiet when listening to minimize background noises.
If anyone has a question about the conference call, please feel free to contact investor relations at (512) 453-3817.
Banyan Corporation is a publicly held holding company with operating subsidiaries engaged in designing, manufacturing and marketing a variety of accessory products, including a full line of hard-sided protective carrying cases, for the notebook computer market - the fastest growing segment of the personal computer industry. Banyan's products are currently sold through a wide variety of computer mail order catalogs, several of the largest U.S. computer retailers, Value Added Resellers (VARs), a number of overseas vendors including its own DoubleCase UK Limited subsidiary, and to the U.S. government.
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 Banyan 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 Banyan 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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