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Technology Stocks : UNDISCOVERED NET STOCKS...Not yet BOOMING! -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (522)	7/20/1999 10:36:00 PM
From: HPilot	Respond to of 525

Ampex (AXC) not yet booming but starting to! See the following thread for info! Subject 29370

To: TLindt who wrote (522)	8/4/1999 4:23:00 PM
From: TLindt	Read Replies (1) \| Respond to of 525

Back again.... Wednesday August 4, 1:08 pm Eastern Time Company Press Release SOURCE: Interface Systems, Inc. Interface Systems Reports Improved Third Quarter Results Surging Sales of Internet Software Products Drive Revenue and Margin Growth ANN ARBOR, Mich., Aug. 4 /PRNewswire/ -- Interface Systems, Inc. (Nasdaq: INTF - news) today announced that an almost 200% increase in sales of its Document Server and Internet Application software products contributed to increased revenue and improved profitability for its third quarter ended June 30, 1999. Third quarter net income increased to $229,000, or $.05 per share, on revenue that increased 8% to $5.2 million versus a net loss of $67,000, or $.02 per share, on revenue of $4.8 million in the same quarter a year ago. For the nine-month period, the Company reported a net loss of $83,000, or $.02 per share, on revenue of $15.3 million versus a net loss of $2.4 million, or $.55 per share (including a loss from discontinued operations of $.57), on revenue of $15.5 million in the same period a year ago. Robert A. Nero, president and CEO, said increased software sales more than compensated for declining in printer revenue resulting from the company's de- emphasis of these products and from the divestiture in June of the Company's printer service business. He added that the Company is increasingly focused on higher margin Internet software sales that have the potential for exponential growth. ''Our revenue mix will continue to change dramatically in coming quarters due to strong market interest in our newer software products and services. Overall sales of software tools and applications increased by 28% from the comparative third quarter,'' Nero said. He noted in particular growing customer interest in eBill Manager(TM) and MyCopy(TM), which are software tools that enable delivery of bills and statements over the Internet. ''In divesting non-strategic, lower-margin elements of our business, we are better able to pursue the unprecedented growth opportunities presented by the Internet,'' Nero added. ''We have a ideal mix of cutting-edge technology, talent, and market opportunity, an impressive base of customers from our traditional businesses, and we are optimistic about our long term prospects to achieve our growth and profitability objectives.'' About Interface Interface System Inc.'s Legacy-to-Internet (L2i(TM)) technology allows any Internet application to access and make full use of data stored on legacy systems. Document Server, along with Interface's eBill Manager(TM) and MyCopy(TM) applications, converts mainframe content and output into formats that can be viewed, printed, archived, faxed or sent via e-mail. The company specializes in Internet bill presentment and payment, as well as electronic delivery of statements and other legacy content. Interface helps its customers extend the life, the reach, and the value of their existing information systems. Interface is headquartered in Ann Arbor, Mich., and markets its products worldwide. More information on Interface and its products can be found at: www.intface.com biz.yahoo.com