ly 16, 1999 09:17
Anything Internet Announces New Memory and
Computer Configurators at AnythingPC.com
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--July 16, 1999--Anything
Internet Corporation (OTC BB:ANYI) (OTC BB:BANY) announces that its
wholly-owned subsidiary, AnythingPC Internet Corporation, has integrated both
a memory and a computer configurator into its AnythingPC.com Internet
storefront.
The memory configurator called memor-E(sm) by Peripheral Enhancements
enables AnythingPC's customers to easily determine and purchase the proper
memory upgrades for their particular system from more than 12,000 different
computer make and model combinations.
Robert C. Schick, AnythingPC's president and chief executive officer, stated,
"Purchasing computer memory is one of the most confusing and confounding
processes for most computer owners. You often have to scroll through screens
of difficult technical descriptions and hope that the memory you purchase is
right for your machine. Now, through our storefronts our customers can find
and purchase memory products that are guaranteed to work properly in their
machines with just three simple clicks of their computer mouse."
AnythingPC also introduced a computer configurator that gives customers the
ability to build their own PC, notebook or server from the ground up -- just like
those offered by Dell (Nasdaq:DELL), Gateway (NYSE:GTW), Micron
(NYSE:MU) and CompUSA (NYSE:CPU).
Schick stated, "The addition of the computer configurator takes a lot of the
guesswork out of purchasing a computer on the Internet. You simply tell the
configurator what you want and it will build the system for you. We want to
make our customer's experience as simple and fun as possible and will
continue developing and innovating new technologies such as these
configurators to achieve this goal."
Anything Internet reported record revenues for the third quarter of fiscal 1999
ending March 31, 1999, of $751,934, an increase of 707% from the same
period a year ago. The loss per share for the quarter was $(0.04) compared to
($0.25) for the same period a year ago. Revenues for the nine months were a
record $2,403,629, an increase of 2,325% for the same period a year ago. The
loss per share for the nine months was ($0.12) compared to ($1.35) for the
same period a year ago.
Anything Internet Corporation, headquartered in Colorado Springs, Colo., with
a business-to-business sales and support office in Tampa, Fla., is a publicly
held Internet e-commerce holding company. Through its wholly owned
subsidiaries, Anything Internet operates Internet storefronts
www.anythingpc.com, www.anythingmac.com and www.anythingunix.com,
and sells over 201,000 different computer hardware, software and peripheral
products. Anything Internet's e-commerce enabling technology provides its
customers with exceptional product choices, superior pricing and delivery
options, and easy-to-use search and purchase capabilities. Banyan
Corporation (OTC BB:BANY) owns 26 percent of Anything Internet's Common
Stock.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Certain information included in this press
release (as well as information included in oral statements or other written
statements made or to be made by Anything Internet Corporation) contains
statements that are forward-looking, such as statements relating to the future
anticipated direction of the high technology industry, plans for future
expansion, various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth and potential
contracts. Such forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of Anything Internet
Corporation. These risks and uncertainties include, but are not limited to,
those relating to development and expansion activities, dependence on
existing management, financing activities, domestic and global economic
conditions, changes in federal or state tax laws and market competition
factors.
CONTACT: Sitra Enterprises Inc.
Anything Internet, Colorado Springs
Investor Relations, 719/227-1903, ext. 102
anything@sitra.com
anythinginternet.com
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