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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

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To: FJ who wrote (11154)2/24/1999 12:15:00 PM
From: Barrydub  Read Replies (3) of 15313
 
Substantial order

"....to provide communications services to <<one of the largest>> single franchise owners of a <<major fast food company>>. FNTN will be delivering <<content and learning materials>> to facilitate employee training between <<over 100 franchise locations throughout the country>>..."

I think that this press release is very significant for several reasons;

1. A large company placing its confidence in Financial Intranet.
2. A non-financial customer of substance.
3. Organisational training is a huge application opportunity.
4. Multiple locations across the US (equally applicable globally)
5. Confirmation of the $1.5m p.a. of contracts as per the AM (presumably much of this is recurring revenue).
6. Confident of reaching operating profits by year end.

A very positive press release which should help us 'longs' relax a little over our speculative investment. At time of writing the market agrees - up 11%.

Barry
Dublin
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