I'm long EISQ and waiting. Looks like my wait is over for LMKI. News out today.
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(PR NEWSWIRE) Landmark Communications Reports Third Quarter Sales Up 76%
Landmark Communications Reports Third Quarter Sales Up 76%
SANTA ANA, Calif., June 1 /PRNewswire/ -- Landmark Communications,
(OTC Bulletin Board: LMKI) today reported record sales for its third quarter
ended March 31, 1999. Sales of $286,000 were up 76% from $163,000 in the
second quarter of 1999.
CEO William Kettle said that strong sales performance was due primarily to
record sales of the company's DSL services delivered through Covad
Communications (Nasdaq: COVD).
Kettle attributed the record to increasing acceptance and adoption of DSL
services by businesses for broadband Internet access and telecommuting.
"As demand for DSL continues to grow dramatically, we believe it is
possible to increase our revenue at an accelerated rate through an aggressive
marketing strategy," he said.
"Additionally, by acquiring MobileNetics Corporation, Landmark
Communications is now in a favorable position to deliver superior and cost-
effective broadband communications solutions to businesses nationwide," he
added.
About Landmark Communications
Landmark Communications is focused on integrating high speed, reliable and
scalable data, voice and video services using the latest best of breed
broadband networking technologies for customers comprising the multi-billion
dollar telecommunications market. Additionally, the company will provide
end-to-end electronic business services including solutions consulting,
business process management, integrated supply chain tools and web hosting
integration/outsourcing services through its Systems Integration division.
More information regarding Landmark Communications may be found at their
website (http://www.lmci.net ) or by sending email to info@lmci.net. For
sales or marketing inquiries, please send email to sales@lmci.net. For
investor relations, please contact William Kettle at 949-475-4500.
"Safe Harbor" statement under the Private Securities Litigation Reform Act
of 1995: Except for historical information, the matters discussed in this news
release may be considered forward-looking statements could be subject to
certain risks and uncertainties that could cause the actual results to differ
materially from those projected. These include uncertainties in the market,
competition, legal, success of marketing efforts and other risks detailed from
time to time in the company's SEC reports. The company assumes no obligation
to update the information in this release.
SOURCE Landmark Communications
-0- 06/01/99
/CONTACT: William Kettle, Investor Relations of Landmark Communications,
949-475-4500/
/Web site: lmci.net
(LMKI)
CO: Landmark Communications
ST: California
IN: MLM TLS
SU: ERN
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