Nov. 18, 1998 Press Release: Staples (long version)
Wednesday November 18, 7:01 am Eastern Time
Company Press Release
SOURCE: Ben Ezra, Weinstein and Company, Inc.
Ben Ezra, Weinstein and Company, Inc. Announces Contract With Staples, Inc. to Sell Personal Market Analyst in Approximately 300 Select Staples Retail Outlets Nationwide
ALBUQUERQUE, N.M., Nov. 18 /PRNewswire/ -- Ben Ezra, Weinstein and Company, Inc. (OTC Bulletin Board: BNEZ - news; www.benez.com) today announced that it has signed a contract with Staples, Inc. (Nasdaq: SPLS - news) to sell Personal Market Analyst (PMA) in approximately 300 select Staples stores nationwide.
''We are extremely please that Staples will be offering PMA to its customers,'' said Jack Ben Ezra, President and CEO. ''This puts us in the major leagues.''
''PMA's marketing plan began with the co-marketing agreement with Inc. magazine and the distribution agreement with Ingram Micro, the world's largest supplier of computer software products. The placement of PMA in global retail chains such as Staples is the next important step in our marketing strategy to eventually capture a significant share of the investment software market,'' said Hal Clark, Special Advisor to the Board of Directors.
''We hope to announce additional placements in national and regional retail chains as contracts are signed,'' added Michael Weinstein, Chief Operating Officer.
PMA is scheduled to be delivered to Staples in mid January, 1999.
Inc.'s Personal Market Analyst is an educational multimedia software package that 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.
SOURCE: Ben Ezra, Weinstein and Company, Inc.
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