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Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25

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To: Tradrvic who wrote (831)4/5/1999 12:21:00 PM
From: Jonathan M. Traxler  Read Replies (1) of 938
 
Looks like they're getting into RADAR view....

Monday April 5, 9:38 am Eastern Time

Company Press Release

Global Maintech's Subsidiary Magnum Technologies, Inc. Named HP
OpenView Solution Partner

MINNEAPOLIS--(BUSINESS WIRE)--April 5, 1999--Magnum Technologies Inc., a Minnesota-based network and systems
solutions company and a wholly owned subsidiary of Minneapolis-based Global MAINTECH, Inc. (NASDAQBB: GLBM)., has
been named a HP OpenView Solutions Partner.

As a HP OpenView Solutions Partner, Magnum Technologies products provide complementary functionality to HP OpenView's solutions, using OpenView's
database for Topology and Device information.

''We are excited about this new partnership with HP OpenView and see this as a sizable increase in potential sales from our products'' said Magnum President Greg
Crow, who founded Magnum Technologies with Tim Hadden, executive vice president of research and development.

Magnum Technologies has publicized its applications in the HP OpenView Solutions Online Catalog, a primary sales tool used by the HP sales force, OpenView
resellers and end users. For more information, visit www.openview.hp.com/solcat/. Magnum Technologies' suite of software tools includes CAP-TREND, an
automated trending and capacity reporting tool; Coordinator, which provides root cause analysis of event storms automatically; and Advantage, which quantifies
business impact based on technology events and defines service expectations. All three products work together or separately, depending upon a client's needs.

Minneapolis-based Magnum Technologies, Inc. helps solve IT problems and provide significant value to its clients through leading-edge network and system
management tools that monitor and safeguard IT performance, increase network and system reliability, and provide the best possible return on a company's IT
investment.

For a free CD demo of the Magnum Technology products, call Joe Winkelman at (612) 392-6045, or e-mail at winkelmanj@magnum-tech.com. Additional
information on Magnum Technologies and its CAP-TREND, Coordinator and Advantage products is available at www. magnum-tech.com.

Magnum is a wholly owned subsidiary of Minneapolis-based Global MAINTECH, Inc. (NASDAQBB: GLBM). Founded in 1992, Global MAINTECH
manufactures and sells computer systems that monitor and control a wide range of data center computers. The company's core product; the Virtual Command
Center (VCC) is a master console that provides simultaneous control, operation and monitoring for mainframe, midrange, UNIX, Microsoft NT and networks.

Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements involve risk and uncertainties, including without limitations, continued use of the Company's services, and the
continued availability of labor resources.

Contact:

Global MAINTECH Corporation, Eden Prairie
David McCaffrey, CEO
James Geiser, CFO, Secretary
Phone: (612) 944-0400

More Quotes and News:
Global Maintech Corp (OTC BB:GLBM - news)
Related News Categories: computer peripheral, computers

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