Still up 1/4 at 1.06 by 1.25 on heavy vol of 94,000...this is last release:
(COMTEX) B: HyperDynamics Corp. Reports Strong Revenue Growth by Wire
B: HyperDynamics Corp. Reports Strong Revenue Growth by Wireless Subsidiary;
Wired & Wireless Corp. Ships Record Sales for March
HOUSTON (April 21) BUSINESS WIRE -April 21, 1999--HyperDynamics Corp.
(OTC BB:HYPD) Wednesday reported that its wholly owned subsidiary,
Wired & Wireless Corp., has shipped orders for $168,250 worth of
wireless-cable-TV equipment during the month of March.
The company is ramping up to service an increasing demand for these
products. According to Wired & Wireless President Ted Tarver, sales
orders were received from Mexico from the largest wireless-TV company
in the world, and from a new customer in South America.
Tarver and company Vice President Joseph Barris recently returned from
South America, where they have been developing business around several
significant wireless-cable-TV markets.
"The wireless-TV market outside the United States is extremely large,
offering significant opportunities for a technically competent
end-to-end provider of wireless-system infrastructure," Tarver said.
"Since Wired & Wireless Corp. is the first company to provide a
complete, end-to-end wireless system for its customers, we expect to
see increased interest and demand from the international markets for
our services," added Barris.
Wired & Wireless plans, designs and implements information systems for
customers using wireless technologies such as multipoint/ multichannel
distribution systems (MMDS) and low-power multipoint/ multichannel
distribution systems (LMDS).
HyperDynamics, an information-technology services provider, plans,
designs, implements and maintains integrated voice, video and data
communications technology that maximizes a business's return on its
technology investment. HyperDynamics trades on the over the counter
bulletin board (OTC BB) using the symbol HYPD.
Forward-looking statements in this announcement are made pursuant to
the safe-harbor provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that all forward-looking
statements involve risks and uncertainty, including, without
limitation, the actual closure and shipment of any sales orders
disclosed herein, general technology-market conditions, competition and
pricing. Please refer to HYPD's Securities and Exchange Commission
filing copies that are available off of the HYPD's Internet home page
at www.hyd.net, as provided without charge, for additional information.
-0- DB/la* TJM/la
CONTACT: Stock Enterprises, Las Vegas
James Stock, 702/614-0003
KEYWORD: TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
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