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Microcap & Penny Stocks : ITEC classic turnaround with Internet twist -- Ignore unavailable to you. Want to Upgrade?

To: steve armon who wrote (262)	7/11/1999 8:04:00 AM
From: im a survivor	Respond to of 431

<< Hi, I'm always looking for a winner. I saw ITEC mentioned on a number of threads on SI so I did a quick DD. They are carrying alot of debt and not making too much money at the moment which worries me. Their banker "Imperial Bank" wanted to stop their line of credit last september which really worries me. On the other hand they are penetrating new markets and project significant revenue from them in the next year. They have restructured their operations and should be a more efficient company. Its a tough call....I'm on the fence. To buy or not to buy. Steve>> Steve....couldn't agree more with your post. If you notice - about a month or so ago, I had many doubts...the same doubts as you. I have been following the company for a year...I know all about the difficulties they have had. However, I now believe they have turned the corner. I feel they have worked out the financial aspect, they have good people aboard......Are in a huge emerging industry....most definately have been getting quite a bit of new business and I think this is just the beginning. As I said, I feel they are just now turning the corner....no guarantee's of course, but I like what I see much better now, then 6 months ago and think we have the potential to really do something. This is all JMHOOC, so please do your own homework. Good luck with your decision...let me know how it turns out. Have a great Sunday. KG

To: steve armon who wrote (262)	7/15/1999 10:53:00 AM
From: im a survivor	Respond to of 431

Gore Horvath Issues Speculative Buy RecommendationOn Imaging Technologies LONG BEACH, Calif., July 14 /PRNewswire/ -- The following is being issued by Gore Horvath, a member of the National Association of Securities Dealers, CRD number 06809. Gore Horvath, an Investment Banking firm headquartered in Long Beach, Calif., today issued a Speculative Buy Recommendation on Imaging Technologies Corporation (Nasdaq: ITEC), San Diego, Calif. and initiated coverage on the Company. Imaging Technologies specializes in the development, manufacture, licensing and supply of high-quality digital imaging solutions including printer controllers, branded color, monochrome and MFP printers, proofing systems and a complete suite of Color Management Software. In the report, Gore Horvath said it believes that Imaging Technologies Corporation "has undertaken a corporate strategy of introducing to the marketplace state-of-the-art products that solve significant problems in the digital imaging industry, either for the professional printer or graphic designer or for the consumer who is simply using the Internet." "ITEC has substantially reduced costs by consolidating seven separate locations throughout California into its new corporate headquarters in San Diego," Gore Horvath said. "The Company has sold its low margin memory business and we believe is now focused on returning to profitability." The Gore Horvath report emphasizes that Imaging Technologies "now offers a wide range of imaging solutions to a large and lucrative market" and "combines a disciplined, talented management team with a solid Internet strategy and products that meet new demands for technologically sound advanced imaging products." The Gore Horvath report said that it is very optimistic that ITEC's potential E-commerce business with an interactive catalog showroom will be successful. "Imaging Technologies Corporation has shown it will aggressively seek its share of the market. We recommend Imaging Technologies Corporation as a speculative buy for the prudent investor," Gore Horvath concludes. Copies of the report are available from Gore Horvath at 877-454-9953. (The information contained herein is based on sources believed to be reliable but is not guaranteed by this Company and is not comprehensive. It is not to be construed as an offer or the solicitation of an offer to sell or buy securities mentioned herein. The Company, its members, affiliates and employees may have long or short positions, which could be substantial, in securities discussed or recommended and may purchase, sell, or trade these securities from time to time in the open market or otherwise. In addition, this Company may from time to time perform investment banking, corporate finance, provide services for, and solicit investment banking, corporate finance, or other business from the issuers of such securities.) SOURCE Gore Horvath CO: Gore Horvath; Imaging Technologies Corporation ST: California IN: FIN CPR SU: RTG 07/14/99 10:30 EDT prnewswire.com

To: steve armon who wrote (262)	7/29/1999 9:25:00 AM
From: im a survivor	Read Replies (1) \| Respond to of 431

ITEC Named One of San Diego's Fastest Growing Technology Companies inDeloitte & Touche 'Fast 50' Program SAN DIEGO, July 29 /PRNewswire/ -- Imaging Technologies Corporation (Nasdaq: ITEC), has been named to Deloitte & Touche's prestigious "Orange Coast Technology Fast 50" program for San Diego and Orange County, a ranking of the 50 fastest growing technology companies in this area. Rankings are based on the percentage of growth in revenues over the five-year period from 1994-1998. ITEC's CEO Brian Bonar credited the development of high-quality, high technology products that meet the needs of the digital imaging industry for ITEC's five-year revenue growth. "We are pleased by this recognition of our five-year achievements and honored to be one of the fastest growing technology companies in a geographic area with many successful high-tech companies," Bonar said. "Fiscal Year 1999 was a year of transition for ITEC; we want to grow on the foundation we established to continue to be one of the top high-tech companies." "To attain a listing on the 'Fast 50' is no easy feat and we at Deloitte & Touche congratulate ITEC for attaining this honor," said Fred Poska, Partner, Orange County High Technology Group, for Deloitte & Touche. "The 'Fast 50' recognizes and honors the fastest growing regional technology companies whose leaders have the vision and determination to beat the odds and build companies that contribute to the world with long-term solutions." To qualify for the "Fast 50," companies must have had revenues of at least $50,000 in 1994; must be public or private companies headquartered in the region; and be "technology companies," defined as a company that produces technology in problem-solving, or devotes a high percentage of effort to research and development of technology. Winners of the 19 regional "Fast 50" programs in the United States are automatically entered into the Deloitte & Touche Technology "Fast 500" program, which ranks the nation's top 500 fastest growing technology companies. For more information on the Deloitte & Touche "Fast 50" or "Fast 500" programs, visit the web site at www.fast50.com About Imaging Technologies Corporation Imaging Technologies Corporation (Nasdaq: ITEC) is a worldwide pioneer in the development, manufacturing, licensing and distribution of high-quality digital imaging solutions. Founded in 1982 and headquartered in San Diego, California, the company produces imaging products for diverse market segments. Beginning with a core technology in the design and development of Adobe(R) PostScript(R) controllers for non-impact printers and multifunction peripherals, the company has expanded its product offerings to include monochrome and color printers, printer controllers, external print servers, and software to improve the accuracy of color reproduction. Information on the company is available at the ITEC Web site at www.itec.net. Forward-Looking Statements Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release. SOURCE ITEC, Inc. CO: ITEC, Inc. ST: California IN: CPR SU: 07/29/99 08:30 EDT prnewswire.com