BNEZ, BNEZ, BNEZ Richard Rose (2683 ) From: David Coakley Monday, Sep 28 1998 9:27PM ET Reply # of 2732
Ben Ezra, Weinstein and Company, Inc. Announces Contract with Ingram Micro, World's Largest Computer Products Distributor
ALBUQUERQUE, NEW MEXICO, September 29, 1998: Ben Ezra, Weinstein and Company, Inc. (stock symbol BNEZ, OTC:BB, www.benez.com) announced today that it has signed a contract with Ingram Micro, Inc., the world's largest wholesale software and computer products vendor. "This contract will allow us to place Personal Market Analyst in many of the major retail chains throughout the United States, as well as the rest of the world," said CEO and President Jack Ben Ezra. "The distribution side is resolved," added Michael Weinstein, Chief Operating Officer.
Hal Clark, Special Advisor to the Board of Directors, said, "Ingram Micro is the primary supplier of computer software products for the major computer superstores, office products superstores, computer mail order and on-line virtual stores. We are excited to have PMA associated with such a global powerhouse in the consumer software channel." Dr. Clark is the former president of Ingram Micro.
"We expect to begin delivering product to Ingram Micro within the next fourteen days," said Mr. Ben Ezra. He added that details of purchase orders and delivery dates will be provided within the next two weeks. "As we sign with major software distributors we will, hopefully, see PMA on the shelves of all international, national and regional retail outlets," said Mr. Weinstein.
Personal Market Analyst is an educational multimedia software package which allows users to perform fundamental analysis on over 6,000 public companies. Ben Ezra, Weinstein and Company, Inc., based in Albuquerque, New Mexico, develops software for both individual and corporate users in the areas of personal investment and finance.
The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information in oral statements or other written statements made to or by Ben Ezra, Weinstein and Company, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the software 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 on or in behalf of Ben Ezra, Weinstein and Company, Inc.
Those 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 and state laws, and market competition factors.
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Contact: Jack Ben Ezra, Chief Executive Officer Mikey Weinstein, Chief Operating Officer Ben Ezra, Weinstein and Company, Inc. (505)880-9799
Dr. Harold Clark, Special Advisor to the Board of Directors |