Company Press Release
Anderson Computers in the Process of Becoming Fully-Reporting
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 22, 1999--Anderson Computers/Tidalwave Corp. (OTC/BB: ACPT) announced today that the company intends to be in full compliance and is in the process to be fully reporting with the new rules of eligibility which became effective January 4, 1999 as they relate to the NASD OTC BB Quotation System.
''Becoming a fully-reporting company is part of our overall strategy to give as much information as possible to our shareholders and potential shareholders,'' stated President Leon Kline.
The company believes that the internet marketplace is growing at a rapid pace and the timing is right to purchase companies that are currently engaged in the business of manufacturing and marketing of internet products. Recently, Anderson completed joint venture agreements with Cyberlinkcom Corp. and Micro Doctor Inc. which will greatly expand Anderson's internet presence.
''As internet usage continues its explosive expansion, we are positioning Anderson to continually take advantage of the growth and popularity of e-commerce,'' commented Leon Kline. ''Our strategy is to aggressively seek joint ventures or acquisitions of public and private companies that will increase shareholder value,'' added Kline.
The company's goal is to have revenues in excess of $50 million within the next 12 months.
Please visit the corporate website for product and service information at tidalwave.com.
Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of Anderson Computers/Tidalwave (ACPT) are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Anderson Computers/Tidalwave assume no obligation to update information contained in this release.
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Contact:
Anderson Computers/Tidalwave
Barbara Anderson, 954/255-6753
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