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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: steve who wrote (2032)5/13/1998 9:30:00 AM
From: MJ Brouillette  Read Replies (1) of 5847
 
Just received this announcement

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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