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Technology Stocks : PMKY: Pink Monkey

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To: BobSugar who wrote (21)4/13/1999 10:06:00 AM
From: Diane  Read Replies (1) of 27
 
I hope it's more than just this that is supposed to cause all the excitement today....

4/13 09:20 PinkMonkey.com Engages Anila
Systems to Manage Operations;
Embedded' <PMKY.OB>

PinkMonkey.com Engages Anila Systems to Manage Operations;
Embedded' Management Team Provides Strategic Planning, Product
Development, Marketing, and Sales Expertise

LIBERTY, Texas--(BUSINESS WIRE)--April 13, 1999--PinkMonkey.com
Inc.(TM) (OTC BB:PMKY) today announced it has engaged Anila Systems,
LLC(TM) to provide overall operational management services. Anila Systems'
engineers and its Anila Venture Management team will develop -- and help
execute -- the company's business strategy, organizational structure, sales,
marketing, product development and information technology.

Anila Systems provides an engineering and "embedded" management team
that can help shorten product development time and maximize a company's
technological advantage. For PinkMonkey.com, Anila is focused on
developing and marketing the company's online educational service, and
creating strategic business relationships and alliances. PinkMonkey.com
Chief Financial Officer and General Counsel David M. Loev, explains:

"PinkMonkey.com is committing its resources to developing and delivering
our products. We're excited about this agreement with Anila because we're
confident that it will help us deliver quality products faster." Moses Joseph,
Anila Systems founder and CEO commented: "To be successful, a CEO
must realize that the 5 to 10 percent their company's expertise adds to a
project is the greatest -- and often only -- advantage that makes sense to
exploit. In today's market, this applies not only to technology, but to the
entire process -- strategy, design, implementation, marketing, sales and
promotion."

In addition to engineering talent, Anila provides an "embedded" management
team able to take a product from concept to sales. The team consists of
experienced professionals who have a successful history working together.
They are able to "parachute" into organizations and take a project through to
completion. Its emphasis on execution is what differentiates Anila's
embedded management concept from conventional "research and report"
consulting.

Anila Systems' total development package includes conceptualization,
design, development, engineering, implementation, marketing, sales, public
relations, advertising strategy and overall strategic project management -- or
whatever component, or components, the client needs. Its client list includes
well-known names in the computer, banking, communication, automotive,
consumer multimedia, process control and medical device arenas. The
company has approximately 100 programmers, with the ability to add 30
more on short notice.

Anila Systems ( anila. com ) was founded in 1996 by Dr. Moses
Joseph, a well-known Silicon Valley executive and private venture investor.
Dr. Joseph is credited with creating more than $2 billion worth of market
capitalization on NASDAQ between 1992 and 1998. Today, he serves as
Chairman of Infoscape Inc. and sits on the board of National Computer
Systems (Nasdaq:NLCS) and Jamba.com. Anila Systems has offices in
Minneapolis and San Francisco and is privately held.

PinkMonkey.com is engaged in publishing educational study aids that are
distributed over the Internet directly to consumers. The company currently
operates a commercial web site at pinkmonkey.com providing
products and services 24 hours a day.

Statements in this news release that are not historical facts, including
statements about plans and expectations regarding products and
opportunities, demand and acceptance of new or existing products, capital
resources and future financial results are forward-looking. Forward-looking
statements involve risks and uncertainties which may cause the company's
actual results in future periods to differ materially from those expressed.
Although the company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that
such expectations will prove correct.
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