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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (6419)6/18/1999 7:52:00 PM
From: lakers17  Respond to of 9440
 
Bard....

Whatever. Dang it. :)

Lakers



To: Ga Bard who wrote (6419)6/21/1999 9:06:00 AM
From: Ga Bard  Respond to of 9440
 
Medical Resources Management Reports Second Quarter Results
GLENDALE, Calif.--(BW HealthWire)--June 21, 1999--Medical Resources Management Inc. (OTC BB:MRMC - news), a leading provider of mobile laser/surgical services and medical rental equipment in the Western United States, Monday announced its financial results for the second quarter and six months ended April 30, 1999.

Revenues for the first six months of fiscal 1999 were up approximately 2 percent over the same period last fiscal year. Operating profit and net income rose substantially for the same period, growing by 39 percent and 48 percent respectively.

MRM's revenues for the second quarter were $3,282,000, compared with fiscal year 1998 second quarter revenues of $3,179,000. Income from operations for the second quarter was $513,000, versus income from operations of $379,000 for the same quarter the prior fiscal year. The company's 1999 second quarter net income was $92,000, or $.01 per share, compared with net income of $101,000, or $.01 per share, for the 1998 fiscal second quarter.

The company reported revenues of $6,149,000 for the six months ended April 30, 1999 compared with revenues of $6,044,000 for the comparable 1998 period. Income from operations for the first six months of fiscal 1999 was $978,000, versus income from operations of $704,000 for the same fiscal 1998 period. Net income for the first six months was $214,000, or $.03 per share, compared with net income of $145,000, or $.02 per share, for the comparable period in fiscal 1998.

''We are pleased with our operating results for the first six months of this fiscal year,'' stated Allen Bonnifield, president and chief executive officer of Medical Resources Management. ''Our operating profit and cash flows before debt service continue to improve over the prior year. We will continue to seek to improve our operating results, both internally and through selected growth opportunities that may present themselves.''

Medical Resources Management rents and sells medical equipment and makes laser surgical procedures available to the public by making the equipment affordable and user friendly for physicians. The company provides mobile surgical laser equipment, with technicians to operate it, to hospitals, ambulatory surgical centers and physicians in their offices, on a per-day or per-procedure basis.

Included in this release are ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. Additional information on these and other factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.

-0-

Medical Resources Management Inc. and Subsidiaries
Financial Highlights

Quarter Ended Six Months Ended
April 30, April 30,
1999 1998 1999 1998

Revenue $3,282,000 $3,179,000 $6,149,000 $6,044,000
Cost of Revenue 1,248,000 1,383,000 2,337,000 2,594,000
Depreciation 406,000 344,000 811,000 680,000

Gross Margin 1,628,000 1,452,000 3,001,000 2,770,000

Selling expenses 542,000 518,000 1,002,000 996,000
G&A expenses 573,000 555,000 1,021,000 1,070,000

Operating Income 513,000 379,000 978,000 704,000

Interest expense 355,000 201,000 621,000 454,000

Income before tax 158,000 178,000 357,000 250,000
Income tax 66,360 77,430 143,514 105,000

Net Income $91,640 $100,570 $213,486 $145,000

Weighted avg.
Common Shares 7,386,000 7,386,000 7,386,000 7,383,000

EPS $ 0.01 $ 0.01 $ 0.03 $ 0.02

EBITDA $ 919,000 $ 723,000 $1,789,000 $1,384,000
%EBITDA 28% 23% 29% 23%

--------------------------------------------------------------------------------
Contact:
Medical Resources Management Inc.
Allen H. Bonnifield, 800/660-6162



To: Ga Bard who wrote (6419)6/21/1999 9:07:00 AM
From: Ga Bard  Respond to of 9440
 
Middlesex County Improvement Authority Retains ONSITE SYCOM to Aggregate County's Facilities
CARLSBAD, Calif.--(BUSINESS WIRE)--June 21, 1999--Onsite Energy Corp. dba ONSITE SYCOM Energy Corp. (''ONSITE SYCOM'') (OTC BB:ONSE) Monday announced that Middlesex County Improvement Authority has retained ONSITE SYCOM to aggregate electric energy for all participating county and municipal facilities.

Middlesex County is the second such county in the state of New Jersey to formally announce aggregation plans. Sussex County was the first county to announce its association with ONSITE SYCOM for aggregation.

''This association with ONSITE SYCOM will help position the county of Middlesex to maximize cost savings associated with the initiation of energy deregulation. By pooling together our energy needs, Middlesex County will benefit from a reduction in electric rates,'' said Richard Pucci, executive director of Middlesex Improvement Authority.

''We anticipate that this venture will start a new cost savings initiative targeting the bottom-line for our taxpayers.''

''Our mission is to save customers money and improve the quality of the environment through independent energy solutions,'' said S. Lynn Sutcliffe, president of ONSITE SYCOM. ''We feel confident that we will be able to deliver substantial cost savings for Middlesex County, through a philosophy of aggregated energy procurement and efficiency of operations.''

ONSITE SYCOM is the largest independent energy services company accredited by the National Association of Energy Services companies. ''Our philosophy is simple, a total energy management program produces the lowest possible energy bill for our clients. It's really a combination of energy efficiency, correct billing and energy purchasing that provide the maximum benefits for municipal and county governments and their constituents,'' said Glenn Steiger, vice president of aggregation for ONSITE SYCOM.

ONSITE SYCOM is well positioned to assist governmental entities, in New Jersey and in other jurisdictions throughout the country, in their efforts to take advantage of aggregation initiatives; specifically, the most promising avenue to allow counties, municipalities, residents and businesses to take advantage of lower energy rates.

With main offices in Carlsbad, and Somerset, N.J., and branch offices in Washington, D.C. and Topeka, Kan., ONSITE SYCOM's reach is nationwide. It has gained significant national experience in energy consulting and energy efficiency by providing aggregated energy purchasing for major trade associations and governmental agencies in California, Pennsylvania and New Jersey.

ONSITE SYCOM Energy is a comprehensive energy service company that assists its customers in reducing electricity and fuel costs by developing, designing, constructing, owning and operating efficient, environmentally sound energy projects. ONSITE SYCOM also offers a full range of professional consulting services, which include direct access planning, market assessments, business strategy and public policy analyses, utility deregulation and environmental impact/feasibility studies. Its mission is to save customers money and improve the environment through independent energy solutions.

Safe Harbor Statement

The preceding release contains ''forward-looking statements.'' Although ONSITE SYCOM believes the financial expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Factors that could cause it to materially differ from those statements made above include, but are not limited to, the continued performance of ONSITE SYCOM at or above historic levels, energy industry trends and ONSITE SYCOM's ability to satisfy the customer on timeliness and quality. Additional information on these and other factors that could potentially affect ONSITE SYCOM's financial results may be found in ONSITE SYCOM's filings with the Securities and Exchange Commission.

--------------------------------------------------------------------------------
Contact:

ONSITE SYCOM Energy Corp., Carlsbad
Richard Sperberg, 760/931-2400
E-mail: info@onsitesycom.com
or
S. Lynn Sutcliffe, 732/748-9600
or
Glenn Steiger, 732/748-9600 (Project Contact)



To: Ga Bard who wrote (6419)6/21/1999 9:09:00 AM
From: Ga Bard  Respond to of 9440
 
Health Outcomes Management Revenue Up by 19%; Net Income Increases by $947,000
MINNEAPOLIS, June 21 /PRNewswire/ -- The following was issued today by Health Outcomes Management, Inc. (OTC Bulletin Board: HOMI - news):

For fiscal 1999, which ended February 28, 1999, revenue from continuing operations was $1,378,000. Revenue from continuing operations increased by $217,000, or 19%, from $1,161,000 in fiscal 1998. The Company recorded a net income from continuing operations in fiscal 1999 of $32,000 compared to net loss of $373,000 from continuing operations in fiscal 1998. The Company recorded net income, including discontinued operations, in fiscal 1999 of $244,000, compared to net loss of $702,000, including discontinued operations, in fiscal 1998, an increase in income from continuing and discontinued operations combined of $947,000.

Peter Zugschwert, the company's President said, ''The company is substantially through the process of discontinuing its retail pharmacy operations. The sale and closure of the company's two pharmacy locations placed a substantial burden on the company's cash flow resources. As this process is completed, the company will be in a greatly improved position for future growth.''

Michael Frakes the company's Vice President said, ''As our drug therapy management model continues to gain acceptance in the marketplace, we feel that we will increase our leadership in this area. Health Outcomes' practice model and practice management system is the leader in the industry; our clients have had 45,000 reimbursed encounters with 14,000 patients. It has been gratifying that an international audience has also developed for our model as evidenced by pharmacist visits from 17 countries. As generalist pharmaceutical management is adopted both in the U.S. and abroad it is our goal to make our systems an international standard.''

A complete copy of the company's 10SB, which was filed with the SEC today, can be retrieved at www.freeedgar.com by typing in the company's trading symbol (HOMI). This filing will reestablish Health Outcomes reporting company status and Health Outcomes will be submitting all required and scheduled reports to the SEC.

Health Outcomes Management Inc. (HOMI), is a Medical Outcomes consulting, training, and software development firm. It specializes in the areas of Patient Centered Pharmaceutical Care and long term care facility management. It's Pharmaceutical Outcomes Management products have been designed to be a tool that will empower pharmacists to provide a new level of care that will save both lives and healthcare dollars. (For additional company information visit the company's website at www.homi.com or contact Michael Frakes or Peter Zugschwert at 612-378-3053).




To: Ga Bard who wrote (6419)6/21/1999 9:11:00 AM
From: Ga Bard  Respond to of 9440
 
Citadel Previews New, Comprehensive Desktop Security Product, WinShield/Secure PC, At NECC in Atlantic City
Citadel Combines the Most Effective Internet & E-mail Security, Desktop and Application Control, Folder Protection, and Security for Unattended Computers in a Single Product
DALLAS--(BUSINESS WIRE)--June 21, 1999-- Citadel Technology, Inc. (OTCBB: CITN - news), a provider of network and desktop security softwarE products, today announced the Beta Release of WinShield/Secure PC, which will be shown at the National Education Computing Conference (NECC) in Atlantic City, NJ and PC Expo in New York City on June 22-24, 1999. Secure PC takes desktop security to a new level by combining advanced security features such as Password Protected Screen Blocker and Automated Logoff for Inactive Computers, Internet and E-mail Control, Application Control, and File/Folder Security with a strong core set of desktop protection tools that prevent end-users from changing system settings, modifying desktop appearances and installing unauthorized software. A network or system administrator in business, government or educational organizations will use Secure PC to assign customized computer privileges to each end-user, no matter which computer they log onto.

Secure PC helps reduce end-user support calls and system downtime by preventing access to system settings and preventing accidental or deliberate desktop changes. It helps increase end-user productivity by keeping them focused on tasks and controlling the use of applications such as Internet and email. Secure PC also increases desktop and network security as it prevents unauthorized use of computers when they are left on, unattended. Finally Secure PC prevents installation of unauthorized software which helps organizations keep desktops Y2K and user-license compliant.

''WinShield/Secure PC was developed in response to our customers needs and the growing concern for complete desktop control and security in corporate, government and educational markets,'' says Steven B. Solomon, Citadel CEO and president. ''Management and administrators are looking for a more proactive way to enforce their policies and gain better control of their computing resources. Secure PC fills this need and further helps organizations by reducing their support costs and keeping their users focused on their current task.''

The new tools added to WinShield have very practical applications that solve fundamental security and control problems facing organizations today. For example, Secure PC lets administrators take complete control over which Windows applications the end-user can access, when they can access those applications and the length of time that access will be allowed. Within applications, administrators can even prevent access to certain windows, features and menus providing even more granular control. When applied to the Internet, Secure PC can control when and how long a browser can be used and restrict the downloading or saving of files. Secure PC's Internet and email security can control the web sites accessed, and even filters in-bound and out-bound e-mail and web content to reduce inappropriate transmissions.

Organizations struggling to keep end-users from installing unauthorized software can now proactively enforce their policies. Secure PC can be set to prevent the end-user from running setup and InstallShield and control the use of floppy and CD-ROM drives to prevent software installation. This helps keep desktops Y2K compliant and eliminates many support problems caused when users install their own software or unsupported versions of approved software.

Secure PC improves overall security by monitoring computer activity. When a system has been inactive for a predefined period of time, Secure PC can launch a screen blocker (that can also lock the keyboard and mouse) to protect the system. Secure PC can also be set to logoff inactive systems at the end of a work day or after a predefined period of inactivity.

To protect each system's hard drive, Secure PC provides Folder Protection that allows the administrator to secure entire drives, folders, files, and shortcuts as ''locked'' or ''read-only''. This controls which hard drive files and folders end-users may access and prevents unauthorized renaming, moving, copying, saving or deleting. Secure PC's Folder Protection provides an ''exclusion'' feature that allows administrators to define certain executables such as antivirus, backup and scandisk that may override this security.

Pricing and Availability

WinShield/Secure PC will be available in both standalone workstation and network versions in the second half of 1999. The workstation version operates under Microsoft Windows 95, 98, and NT workstation. The Network version supports Novell NetWare or Microsoft Windows NT Server networks, with Windows 95, 98 and NT clients. Multi-user and site licenses start at $440.00 (SRP) for a ten-user license. A single user license will also be available at a suggested retail price of $79.95.

Company Background

Citadel Technology, Inc. is a developer and marketer of computer software products including security and management utilities for networks and personal computers. The Company's products are designed to secure and manage personal computers (PCs) and local area networks (LANs) and enable network administrators to more efficiently manage the networks. Company products are designed to reduce client costs, improve accuracy of clients' information, maintain the operation of the network, secure the network from fraud or unauthorized use, and generally enable the administrator to devote more time to improving service to the network rather than focusing on operational details.

For more information on Citadel Technology products, visit the Company's homepage at citadel.com. For information on purchasing products, contact the Company directly by writing or calling: Citadel Technology, 3811 Turtle Creek Blvd., Suite 600, Dallas, Texas 75219; phone 214.520.9292; fax 214.520.9293. For media or investor relations contact: The Investor Relations Group at 212.736.2650.

The above statements are not strictly historical facts and include forward-looking statements that involve a number of risks and uncertainties. The actual results of the future events described in such forward-looking statements could differ materially as a result of, among other things, the following: integration of technology, transition of selling and distribution methods, general economic conditions, competition, the market for the network software products, software development costs and possible future litigation, as well as the risks and uncertainties discussed in the Company's public reports and filings and public statements.

--------------------------------------------------------------------------------
Contact:

Company Contact:
Jack Doxey
Vice President Marketing
Citadel Technology, Inc.
(214) 520.9292
or
Media Contact:
CC Hall
S&S Public Relations
(847) 955.0700
or
Investor Contact:
Dian Griesel, Ph.D.
Richard Land
The Investor Relations Group
(212) 736.2650



To: Ga Bard who wrote (6419)6/21/1999 9:13:00 AM
From: Ga Bard  Respond to of 9440
 
Kanakaris Evaluates Capitalization Offers, Issues Progress Report Including Key Management Team Additions and Strategic Business Plan
Internet, Computer, Advertising, Movie and Finance Pros Added to Kanakaris Infrastructure
NEWPORT BEACH, Calif., June 21 /PRNewswire/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KANA - news), an emerging-growth Internet company, issued a progress report today, which includes the announcement of several key additions to its Board and Management Team, as well as an overview of its Strategic Business Plan. The Company also announced that it has received indications of interest from brokerage firms and investors for participation in a planned round of financing.

Kanakaris announced its plans for further capitalization:

Following recent appearances by CEO Alex Kanakaris at the 48th Annual Equities Magazine Conference in New York and the Regional Investment Bankers Association meeting in Orlando, Florida, the Company has received numerous verbal and written proposals related to capitalization from brokerage firms with successful public offering track records and interested investors. The Company's counsel is currently reviewing these proposals with the intent of signing a letter of intent within thirty days for potential new capitalization. Following the due diligence process, the Company will issue a progress report on its financial undertakings.

The Company recently was published by Standard & Poor's and received blue-sky acceptance by most states. Concurrently, the Company is reviewing listing criteria for several stock exchanges and has met with executives of the Philadelphia and Pacific exchanges. The Company's long-term goal is to be Nasdaq Small Cap or Nasdaq National market listed, although there can be no assurance the Company will qualify for additional exchange listings.

Kanakaris announced promotions and additions to its Corporate Infrastructure:

Kanakaris, CEO and Chairman of the Board
Alex Kanakaris creates the business vision of Kanakaris Communications, Inc. and leads all aspects of its development, including strategic alliances and invention of proprietary Internet business concepts and technologies. Mr. Kanakaris is an Internet pioneer who has been interviewed about his vision for the Internet on television, radio and on the World Wide Web. Mr. Kanakaris was editor-in-chief of such publications as Video Swapper, Video Entertainment, New Talent Streetscene and L.A.>POP. He was involved in marketing for a large consumer electronics company and the world's largest costume jewelry company. He became a stockbroker for Dean Witter to enhance his business knowledge in preparation for leading a public company. Mr. Kanakaris created innovative web sites including www.cyberpop.com and www.NetBooks.com, and has been an early user of streaming audio and video technology. Among his other achievements at Kanakaris Communications have been the delivery of the first full-length motion picture over the Internet with no download time, in December 1995 (in conjunction with XING Technology) and the acquisition of the Desience Corporation. Mr. Kanakaris is the host of World Web Watch, a program focusing on Internet issues, and has interviewed such executives as Dick Brass, Vice President, Technology, Microsoft Corporation.

Branch Lotspeich, Director and Vice Chairman of the Board
Branch Lotspeich is the President of the Kanakaris Desience division, designers and providers of command and control environments for Internet and intranet applications. Mr. Lotspeich directs the Kanakaris Desience relationship with such clients as NASA, where Mr. Lotspeich has overseen the design and implementation of Desience's OPCON Module System for the Goddard Space Flight center. Branch has worked directly with AT&T, IBM, IRS, Ford Motor Co. and other clients to develop data and networking centers. Mr. Lotspeich is the top advisor to the CEO on major Internet technology issues and is involved in all aspects of the Corporation's managerial development. Mr. Lotspeich worked as an independent consultant in telecommunications acquiring accounts including Proctor & Gamble and Cincinnati Bell Telephone. His worked encompassed site design, broad band communications, world-wide group project communications, as well as telephony. For 10 years Mr. Lotspeich was the manager of the Medical Media Center at the University of Cincinnati. He designed and oversaw the building of the first Medical Media Center in Hangchou, China. He served as television and media consultant to the Children's Hospital in Krakow, Poland. Branch has an expertise in computer programming, including Internet applications of HTML, CGI and Java. For 6 years (1980-1986), he served as an appointment of the mayor of Cincinnati to the Citizens Cable Regulatory Board. Mr. Lotspeich is a Summa Cum Laude graduate of the University of Cincinnati, Bachelor of Fine Arts in Television Broadcasting.

Jeff Hall, Director and Associate to the CEO
Jeff Hall is a highly respected Publisher, Business Owner and Southern California community leader. He serves part-time as a both a statistician and a hands-on business implementer for Kanakaris Communications as an Associate to the Chief Executive Officer. Mr. Hall is the leading publisher of community newspapers in some of the most affluent portions of Southern California and his papers have included the Brentwood News, Westwood News, Century City Chronicle, Santa Monica News and Beverly Hills Chronicle. Mr. Hall joined the Los Angeles Times as Vice President, Marketing Services. He was promoted to become the first President of the Los Angeles Times San Fernando Valley edition. He also launched, in the capacity of President, the L.A. Times Ventura County edition. Jeff was one of twelve individuals honored to be selected from 855 applicants nationwide to serve one year as a White House fellow. Mr. Hall started his professional newspaper career as a general assignment reporter for the Kansas City Star, A Capital Cities/ABC newspaper. Mr. Hall served in many capacities at that newspaper, rising at age 30 to Vice President, Marketing. Mr. Hall has an M.B.A. from Harvard Business School and is a graduate of Stanford University with a B.A. in Communications.

John McKay, Director and Webmaster
John McKay has been a Webmaster since 1995 and has worked both full-time and as a consultant to CEO Alex Kanakaris since 1994. Mr. McKay has a background in Advertising, Marketing and Graphics. He was advertising manager for Kelly-Moore paint Co. He was Sales Promotion Manager for ORA Electronics/Alliance Corporation, an international consumer electronics company. He has extensive experience in developing marketing programs, product literature, advertising campaigns, corporate identity programs and creating an online presence for corporations. He is a graduate of San Francisco State with a Bachelor of Science in Marketing. Mr. McKay will not only oversee the design of Kanakaris web sites, he will manage the sites on a daily basis.

David Shomaker, Acting Chief Financial Officer
Mr. Shomaker is an audit partner of Haynie & Company, Certified Public Accountants based in Orange County, California and Salt Lake City, Utah. His management consulting services include forecasts and projections, as well as business valuations. He is a specialist in financial statement reporting, including audit, review and compilation services, as well as agreed-upon procedures reports. His areas of emphasis include management, manufacturing and finance. Mr. Shomaker is qualified to perform peer review and quality review services on behalf of both the American Institute of Certified Public Accountants and the California Society of CPAs as a team captain. He has been Certified by the Association of Certified Fraud Examiners and the National Association of Certified Valuation Analysts as an Examiner and Analysts in their respective fields. He is a member of: American Institute of Certified Public Accountants, California Society of Certified Public Accountants, Utah Association of Certified Public Accountants, Construction Financial Management Association and other organizations. Mr. Shomaker is a Graduate in Accounting, Brigham Young University, Prove, Utah.

Renae Ross, Internet Strategic Advisor to the CEO
Renae Ross has worked for the Microsoft Corporation and Earthlink. She is an Internet expert and will co-host with CEO Alex Kanakaris a series of online interviews with leaders from the world of the Internet. Ms. Ross will also introduce Kanakaris to potential working relationships with Internet related companies as a main focus of her work.

Lisa Lawrence, Manager of Internet Business Affairs/Administrative Manager for the CEO
Lisa Lawrence exits CURB Entertainment to join Kanakaris Communications with responsibility for successful follow-though on new Internet business and as the administrative manager for the CEO.

Additional Management Advisors:

Dr. Steven Newman, Director and Business Strategic Advisor to the CEO
Dr. Newman is the Vice Chairman of the Xybernaut Corporation and has been directly involved in the development and international marketing of wearable computers. Dr. Newman advises the CEO on both world business relationship opportunities and business concepts.

Jill Thomas, Director
Ms. Thomas is the President of ION Systems, Inc. and is the developer of proprietary technology for the Kanakaris web sites. Ms. Thomas is in integral part of Kanakaris business presentations to the financial community, including the upcoming Regional Investment Bankers Association meeting in Chicago in August. The Kanakaris relationship with ION Systems is also being expanded whereby ION Systems will assist in the technical functionality of all Kanakaris web sites.

Rose Forbes, Director
Ms. Forbes' background includes work at Sony Pictures Entertainment, MCEG/Virgin Home Entertainment and Paramount Pictures.

Beryl Wolk, Advisor
Mr. Wolk is an entrepreneur who has produced over 1,100 infomercials and whose business network is presently comprised of family-founded and owned businesses which employ 1250 employees, and major facilities in four states.

George Atkinson, Movie Web Site Manager
Mr. Atkinson is the founding father of home video and was the President of the 600+ Video Station network which preceded such stores as Blockbuster. He was Video Retailer of the Year, Video Man of the Year and was a central character in the New York Times best selling book Fast Forward: Hollywood, the Japanese and the VCR Wars by James Lardner. Mr. Atkinson is both editorial and product director for the upcoming Kanakaris downloadable motion picture web site GoGoliath.Com

Kanakaris Communications announced this Business Overview:

Mission Statement
Kanakaris is positioned to become ''The Internet World Downloadable Leader.'' The Company is focused on four key areas of delivery of eCommerce content, and has unique technology combinations available for each. Kanakaris intends to be the first company to allow a single digital content source -- a book, a movie or music -- to be replicated online as little or as many times as needed to fulfill orders.

Online Books
NetBooks.com is already established as the leading web site offering direct Internet delivery of copyrighted material. Vinton Cerf, founder of the Internet and senior vice president for data architecture, engineering division, MCI WorldCom, has referred to the type of electronic secure delivery offered by Kanakaris as ''the new economics of electronic publishing.'' Kanakaris has hundreds of books online and anticipates having thousands of books online this year. Whereas other web sites have more books for sale, Kanakaris is attempting to have the largest number of copyrighted books available for direct over-the-Internet delivery. Kanakaris anticipates the marketplace for electronic delivery of copyrighted books, which it considers itself both an innovator and early stage participant in, to grow to a several hundred million dollar a year business area in the next five years.

Online Music
Cyberpop.com will be the downloadable music site offering a combination of 24-hour Internet radio exposure to artists combined with direct online sale of songs and albums in a choice of the leading Internet delivery technologies. Kanakaris has delayed launch of the site until approximately December 15 to take advantage of a proprietary EYE-ON-KANA(TM) Site Specific Browser(TM) being developed for Kanakaris by ION Systems, Inc. from a concept by Jill Thomas and Alex Kanakaris.

Online Movies
GoGoliath.com is the tentative name of a downloadable movie Web site featuring proprietary technology with a security feature developed for Kanakaris by GEO Interactive. Prior to the premiere of the new downloadable technology, Kanakaris will show a full-length motion picture for free on the fourth of July utilizing GEO's audio-video streaming with no plug-in required. Kanakaris will sell home videos of the movie which it previews over the Internet.

Online Shopping/Entertainment
ILSN.com, the Internet LifeStyle Network, will be an entertainment/shopping channel on the Internet. It will be fully integrated with the Company's downloadable book, music and movie Web sites. This site will include two eCommerce sub sites: WineCentral.Net and a site devoted to pet products.

Desience Division
Kanakaris has developed its approach to Internet delivery based on the 25-year experience of wholly owned subsidiary Desience, which creates proprietary enclosure systems for Internet and intranet applications of NASA, Bloomberg Financial, IBM, Apple and other government agencies and Fortune 500 companies.

Further information on Kanakaris:

Kanakaris Communications is publicly traded on the OTC Bulletin Board and in Germany. For further information on Kanakaris Communications (www.kanakaris.com), contact Colby Marceau, director of Public/Investor Relations, at 714/444-0560; fax: 714/549-8970; e-mail: info@kanakaris.com; 3303 Harbor Blvd., No. F-3, Costa Mesa, Calif. 92626.

Effective start date for some of the newly announced members of the Kanakaris board and management team is between July 1 and July 15. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the ''Act''). In particular when used in the preceding discussion, the words ''plan,'' ''confident that,'' ''believe,'' ''expect,'' ''intend to'' and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

SOURCE: Kanakaris Communications, Inc.

--------------------------------------------------------------------------------
More Quotes and News: Kanakaris Communications Inc



To: Ga Bard who wrote (6419)6/21/1999 9:16:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 9440
 
eConnect Announces 5% Stock Dividend and Warrant Dividend for Shareholders of Record
LOS ANGELES--(BUSINESS WIRE)--June 21, 1999--eConnect (OTC BB:BETT), a fully reporting company, today announced that it will be offering two separate dividends to shareholders of record as of June 30.

''To be eligible, shareholders must be 'shareholders of record' as of next Wednesday, June 30. This requires that they contact their broker to obtain a stock certificate representing their shares,'' stated Thomas S. Hughes, eConnect Chairman and CEO.

To participate in the dividend program, shareholders must: 1) Have their broker instruct Corporate Stock Transfer, Inc. (BETT's

transfer agent) to issue a stock certificate to the shareholder.

Corporate Stock Transfer can be contacted at 303/595-3300. The

contact at Corporate Stock Transfer for this program is

Christine. The certificate must be issued by June 30, for the

shareholder to be eligible for the dividend program. 2) Present the stock certificate to eConnect on September 1, 1999.

eConnect will then arrange for the issuance of a new certificate,

with 5% additional shares, which will be sent to the shareholder.

eConnect will also issue warrants to the shareholder at that

time, in the amount of 1 warrant for each (original) share of

stock.

The warrants will be executable from June 30, 2000 through June 30, 2002. The warrants will be for 1 share of common stock each, at $1 per share. To execute the warrants, the warrants and the stock certificate issued Sept. 1 1999, must be presented to eConnect.

eConnect is a publicly traded company, focused on eCommerce. Part of eConnect's mission is to ''take the Internet from credit to cash.'' To that goal, eConnect is developing proprietary hardware, software, and a transaction processing host needed to implement P.E.R.F.E.C.T(TM) processing services. eConnect owns and operates Internet sites and kiosks, and markets P.E.R.F.E.C.T.(TM) products and services to enable other Internet and non-Internet merchants to accept ATM and Smart Card payments from consumers, for purchases, bill payments, etc. eConnect is already generating revenue from web sites that it operates or licenses technology to, such as 777Wins and eSportsbet; and projects revenues to grow rapidly as new web sites are acquired, and as P.E.R.F.E.C.T.(TM) processing services are provided to other Internet merchants.

This press release contains forward looking statements subject to the safe harbor act created by the Securities Litigation Reform Act of 1995. Management cautions that these statements represent projections and estimates of future performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn in economic conditions, or delays in product development.

--------------------------------------------------------------------------------
Contact:

For eConnect:
Carnegie Cooke
Anita Goldberg, 800/262-2331 (Investor Relations)
or
For ET&T:
Prima Capital,
Elias Argyropoulos, 800/600-8599



To: Ga Bard who wrote (6419)6/21/1999 9:18:00 AM
From: Ga Bard  Respond to of 9440
 
ImmuDyne Inc. Announces Third Consecutive Profitable Quarter and Launch of National Radio Marketing Campaign
HOUSTON--(BW HealthWire)--June 21, 1999--ImmuDyne Inc. (''ImmuDyne'' or the ''Company'') (OTC BB:IMMD), a Texas-based nutraceuticals company specializing in scientifically based dietary supplements and skin care cosmetics, announced unaudited results for the third quarter ending May 31, 1999. Revenues for the quarter were $573,268, as compared to $417,921 for the quarter ending May 31, 1998. The Company had a profit of $155,052 for the quarter ending May 31, 1999 compared to a loss of $49,967 for the same period of the prior year. Total operating expenses decreased to $237,861, down from $359,425 for the same period last year.

ImmuDyne also announced that the Company's products are now being endorsed by the top-rated radio health talk show, ''Duke and The Doctor.'' This also means that the Company's advertisements are heard on this nationally syndicated radio show, which airs Monday through Friday 10:00 am - 11:00 am (EST) in more than 110 markets across the United States. Management views this recent development as a further step in positioning ImmuDyne as a leading developer of quality skin care cosmetics and dietary supplements.

''Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995. The statements which are not facts contained in the release are forward-looking statements that involve risks and uncertainties, some of which are outside the Company's control, and accordingly, actual results may differ materially. Factors that might cause such a difference include, but are not limited to, implementation of the Company's strategies, the impact of competitive and industry developments, the results of research and development efforts by the Company, product development by the Company and customer acceptance of the Company's products and services.

ImmuDyne is a Texas-based nutraceuticals company, specializing in scientifically based dietary supplements and skin care cosmetics. The common stock of ImmuDyne is traded on the OTC Bulletin Board under the symbol IMMD. For investment information, contact the Company at 713/783-2043.

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Contact:

ImmuDyne Inc., Houston
713/783-2043



To: Ga Bard who wrote (6419)6/21/1999 9:21:00 AM
From: Ga Bard  Respond to of 9440
 
NovaMed and IKB Deutsche Industriebank AG Announce Government Guaranteed Funding for New Production Facility in Germany
MINNEAPOLIS and DUSSELDORF, Germany--(BUSINESS WIRE)--June 21, 1999--NovaMed, Inc. (OTCBB.NVMD) and IKB Deutsche Industriebank AG (IKB.GR) announced today an agreement with the state government of North Rhine Westphalia to a financing arrangement consisting of government guaranteed loans and grants totaling DM22,300,000 marks (approximately US$12.7 million) for the purpose of constructing a new production facility in Duisburg, Germany.

NovaMed, which manufactures breast implants, disclosed that its product sales in less than the first six months of 1999 have accounted for 75% of the volume of sales made in all of 1998, and this upward sales trend is expected to continue.

The increased demand for NovaMed's breast implant products, stems from the success of direct sales and new international distribution arrangements which have necessitated plans to expand production facilities in Europe. Since NovaMed currently manufactures from leased facilities in Germany, the decision was made to apply for government funding guarantees that would enable the Company to construct a new manufacturing facility in Germany that could meet the anticipated demand. Agreement with the Ministry of the Economy for the state of North Rhine Westphalia and the City of Duisburg in conjunction with IKB AG has made this expansion possible.

The terms of the financing are to include DM17,408,000 in long term fixed rate government guaranteed loans provided by IKG AG (approximately US$10.2 million) and a non repayable grant of DM4,496,000 (approximately US$2.5 million) provided by the state government of North Rhine Westphalia. The City of Duisburg has set aside 4,000 square meters of land -- to be purchased by the Company at a below market sale price -- that lies within a 25,000 square meter area designated as a technology park. The Company has the further option of purchasing an additional 8,000 square meters of contiguous land for development as the Company grows. The Company anticipates building a 20,000 square foot research & development and manufacturing facility on the site.

IKB Deutsche Industriebank AG provides a variety of banking services that focus on promoting small and medium sized business ventures. IKB offers medium and long term credit, as well as other forms of financing. IKB has several offices in Germany, an office in Luxembourg and representative offices in London, Paris and Hong Kong.

NovaMed develops, manufactures and markets breast implant products worldwide. The flagship product is the NovaGold(tm) alternative fill breast implant that utilizes a PVP hydrogel filling material which offers certain design characteristics not presently available with other fill materials. The Company currently manufactures and markets its products from facilities in Minneapolis, Minnesota and Monheim, Germany.

This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward-looking statements involve the known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from that which is anticipated.

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Contact:

Martin E. Janis & Company
Hal Schweig, 312/943-1100
or
NovaMed
Ruairidh Campbell,
President, 612/378-1437