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*****************NEWS*************************
BANYAN CORPORATION ================== 4740 Forge Road, Building 112 Colorado Springs, Colorado 80907 (719) 531-5535 (719) 531-9135 Fax
TO: Shareholders, Brokers, Market Makers and Analysts FROM: Investor Relations DATE: July 27, 1998
Investors' Alert, a stock newsletter published by Thomas Loyd out of Houston, Texas, issued a strong buy rating on Banyan today with a 12-month target price of $3 a share. A reprint of the Investors' Alert feature is enclosed for your information.
Investors' Alert is an independent, faxed stock newsletter service with a large following of individual investors, stockbrokers, and institutions. Subscription rates are $379 per year. Investors' Alert may be reached at 800-689-9019 or by e-mail at invalert@aol.com.
This Investors' Alert feature is one of the first official newsletter/analyst reviews Banyan has received. Based on current fundamental trends, strong growth and future potential, Banyan anticipates additional stock newsletters and analysts will initiate coverage on Banyan's stock.
For the latest news on corporate developments visit Banyan's Internet site at: sitra.com.
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INVESTORS' ALERT ~~~~~~~~~~~~~~~~ Editor: Thomas Loyd
9301 Southwest Freeway, Ste. 250 Houston, TX 77074 800-689-9019 713-270-6111 Fax invalert@aol.com www.investorsalert.com
STRONG BUY RECOMMENDATION
Banyan Corporation (BANY, OTC BB) Shares Outstanding: 7,610,129 Float (est.): 3,300,000 52-week high/low: $0.85 - 0.15 12-month target: $3 Contact: Scott Sitra, 512-453-3817
Banyan Corporation (BANY) is a Company on the fast track to phenomenal sales and profitability. Banyan is the designer, manufacturer, and marketer of computer accessory products with an emphasis on the notebook computer market, undoubtedly the fastest growing segment of the personal computer industry.
Through its wholly-owned DoubleCase Corporation subsidiary, Banyan is the leading manufacturer of notebook computer hard-sided protective carrying cases, and several aggressive strategic developments have further solidified BANY's market presence. The impressive developments include:
* The signing of a non-exclusive worldwide distribution agreement with Ingram Micro. Ingram Micro is the world's leading distributor of technology products and services with over $16.5 billion in annual sales.
* An agreement with ACI Microsystems to actively promote Banyan's DoubleCase line of hard-sided protective carrying cases as an option on new Avail(r) notebook computer purchases. ACI markets its Avail(r) PCs predominately through a number of Internet storefronts, including Wal-Mart On-Line as a sales site.
* An agreement with Dell Computer Corporation to offer Banyan's DoubleCase product through its Federal Group (government sales), with an eventual offering of the product through its corporate and consumer sales channels.
Banyan's strong management has molded the Company into a fundamentally strong business, as manifested in the stock's bullish indicators. BANY's stock has been building powerful upward momentum, so don't miss out on the chance to jump in early! At its current level, the stock is extremely undervalued, and investors are taking note of this Company's amazing potential with strong buying.
BANY is also on track to become a fully reporting Company, and we believe management is going to mold the Company into one of the top manufacturers of notebook computer accessory products in the world. Given the recent developments and future prospects of BANY, we believe this stock could easily double soon. Don't miss out on this opportunity to pick up some extremely undervalued shares!
We here at Investors' Alert think it would be a great idea to tune into the conference call, hosted by Cameron Yost, on Wednesday, July 29th, at 3p.m. Eastern Daylight Time. The number is 303-633-6100.
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Investors' Alert is an independent research firm with paid subscribers. Subscriptions are $379.00/year for Investors' Alert newsletter service. This report is based on Investors' Alert independent analysis but relies on information supplied by sources believed to be reliable. The information contained. The information contained in this report is not intended to be, and shall not constitute, an offer to sell nor solicitation of any offer to but any security. The editors, authors, researchers and others affiliated with this report may have a position in the securities reviewed by Investors' Alert. Thomas Loyd and/or individuals associated with Investors' Alert may be involved in counseling publicly owned companies in a variety of security-related activities, in financial public relations, in other business endeavors and may receive fees for their services. Thomas Loyd is currently a consultant for two financial public relations firms and is paid $7600/month consulting fees for other services by both companies. Thomas Loyd may have received a finders fee for assisting publicly owned companies with financing.
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Please contact: Sitra Enterprises, Inc. Banyan Corporation Investor Relations (512) 453-3817; Fax (512) 453-7553 E-Mail: bany@sitra.com
Internet: sitra.com |