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Microcap & Penny Stocks : Infonow INOW, Report over 3X earnings. -- Ignore unavailable to you. Want to Upgrade?


To: smueller who wrote (53)8/1/1999 12:49:00 PM
From: Charles W. Breaux, Jr.  Read Replies (1) | Respond to of 80
 
To all:

The Sunday Denver Post today ranked InfoNow as their #1 company in the hottest 100 Colorado companies:

denverpost.com

The few people who knew about InfoNow Corp. were either high-paying
Fortune 500 clients or investors seeking a piece of a promising young
high-tech company, resulting in a dazzling financial performance in 1998. InfoNow Corp. was barely a blip on anyone's radar screen at the start of last year. The Denver company provided a little-known and little-understood Internet service. Its stock was not listed on any major exchange, and its income statement had never shown a profit.

Twelve months later, at the end of 1998, InfoNow Corp. was still largely unknown. It still had never turned a profit, and its stock was still unlisted by a major exchange. But a big change had occurred for the company that helps other firms handle customer inquiries over the Internet. The few people who knew about InfoNow Corp. were either clients - high-paying Fortune 500 clients - or investors seeking a piece of a promising young high-tech company. The result was a dazzling financial performance in 1998. Even without recording a profit, the company's fast-improving fundamentals were good enough to lift InfoNow to the top of The Denver Post 100 ranking of Colorado public companies.

"We've been kind of a stealth company,'' said Michael Johnson, president and chief executive officer of InfoNow. "Now we're ready to make some noise, and people are going to find out about us.''

What they'll find out is that InfoNow, despite its low profile, has a client list that would be the envy of any firm, large or small.
It includes Allstate, Citibank, Compaq, FedEx, Hewlett-Packard, IBM,
Intel, Motorola, UPS and Visa. While InfoNow's service varies according to the company being served, the common link is monitoring a firm's Web site for customer inquiries - from individual consumers or businesses - and then directing the customer to an appropriate dealer, distributor or information source. For example, a customer visiting a computer manufacturer's Web site might click on a "contact me'' button to receive more information. The inquiry is seamlessly passed on to InfoNow, which uses a sophisticated database to find an appropriate and convenient location for the customer to shop. Without the technology provided by InfoNow, a company might rely on a
toll-free phone service to provide customers with similar information.
Johnson maintains that InfoNow can provide better and faster information over the Internet. The cost, he said, is about one-tenth the cost of a typical telephone contact, or approximately 30 to 50 cents for InfoNow vs. $3 to $5 for a customer helped by a phone operator. In addition, InfoNow can monitor the outcome of the customer contact, determining what product the customer ultimately buys and where it is purchased. That information can help the client refine its advertising and marketing.

Johnson attributed InfoNow's low-profile "stealth'' approach partly to the difficulty any young company faces in marketing a new technology. But the approach, he said, also was intentional. "Part of being a stealth company is going out and grabbing the good clients before someone else does,'' Johnson said.

Trying to explain InfoNow's services has been a challenge, said Michael Basch, a cofounder of Federal Express who recently joined InfoNow as vice president of sales and marketing. Basch created a clever sales pitch by sending a suitcase to executives of potential clients. The suitcase contained a laptop computer and a wireless phone. When the computer's "on'' button was pushed, a sophisticated on-screen presentation began, concluding with an invitation to use the phone to call InfoNow for more information. "Once we get people to understand what we do, we've got 'em,'' Basch said.

InfoNow attracted the attention of Pacific Crest Securities of Portland,whose equity research department recommended a "strong buy'' rating for InfoNow stock. Pacific Crest analysts said the firm is well positioned for growth, works with blue-chip clients and has an undervalued stock that trades at a signifcant discount to its peers in the "eservices'' sector.

Share price was one of the factors that placed InfoNow at the top of The Post 100. For the listing, companies were ranked in three financial categories: earnings growth, revenue growth, and total return on investment, calculated by stock appreciation and dividends.
Even though InfoNow operated at a net loss of $1.1 million in 1998, the loss was significantly less than the $2.36 million shortfall in 1997. As a result, InfoNow ranked 17th in earnings growth. The company's revenue gain from $1.05 million in 1997 to $2.5 million in 1998 was good for a 10th-place ranking. InfoNow took first place in the total return category, with a stock price that soared from 29 cents at the start of 1998 to $2.50 at the end of the year. Combined, the company's ranking in the three categories outperformed all other public companies in Colorado.

InfoNow shows no sign of letting up. It recorded its first profit - a modest $60,000 or about 1 cent a share - in a recently released second-quarter earnings report. The firm has applied to be listed on the Nasdaq small-cap stock exchange and hopes in the near future to move up to the Nasdaq National Market System, giving it greater exposure to investors and clients.

"If 1998 was good,'' said president and CEO Johnson, "you'll really be
psyched about what we do in 1999.''


*****************************
Good investing!

Chuck



To: smueller who wrote (53)12/17/1999 12:54:00 PM
From: Sir Auric Goldfinger  Respond to of 80
 
Yeah some more great news, massively dilutive financing at $5 (3 to 1 washout) is resulting in the new investors arbirtaging out the difference (ie the common stokc goes from $15 to $7, see ya!): DENVER, Dec. 17 /PRNewswire/ -- InfoNow Corporation (OTC Bulletin Board: INOW) today announced an agreement with a group of
institutional investors for a $16 million equity investment in the company. The investor group includes affiliates of Soros Private Equity Partners LLC, two investment funds advised by Putnam Investments, and Stolberg Equity
Partners LLC, an affiliate of Stolberg, Meehan & Scano II, L.P.
Under the terms of the financing, the investor group will purchase 800,000
shares of preferred stock from the company. The preferred stock is priced at
$20.00 per share and is convertible into approximately three million common
shares at the option of the purchaser.
After the first anniversary of the
closing date, the preferred stock will automatically convert if certain stock
performance criteria have been met.
The financing is to be completed in two rounds. InfoNow expects to
complete the first round of five million dollars on or about December 31,
1999. The second closing for the remainder of the investment is expected to
be on or about January 24, 2000. The investment is contingent upon the
completion of legal, financial and other due diligence and the negotiation of
final documentation.
"We are excited about the opportunity to bring strong financial partners
and additional investment capital into InfoNow at this time," stated Michael
Johnson, InfoNow's Chief Executive Officer.
"Our vision is to become the platform to link the Internet presence of
major manufacturers with the local presence of their third party channels.
The additional capital will enable us to accelerate our product development,
marketing and sales activities, and expand our operations and client service
resources. It should also ensure that we meet all the quantitative
requirements for a Nasdaq listing, and may allow us to more quickly qualify
for a Nasdaq National Market listing," added Johnson.

About InfoNow Corporation
InfoNow enables channel dependent companies to use the power of the
Internet to close more sales through their local channel partners. InfoNow's
services maximize channel partner success by providing referrals, leads and
eCommerce capabilities to the channel partner(s) best aligned to close the
sale. InfoNow outsources these services over the public Internet, private
intranets and extranets to clients in fifteen countries, including eight of
the largest global computer and networking firms, six of the largest banks in
North America and other industry leaders like Allstate, American Airlines,
FedEx, Lucent Technologies, Maytag, Motorola, Sony, Transamerica, UPS and
Visa. For more information, please visit the company's Web site at
www.infonow.com.

InfoNow is a registered trademark of InfoNow Corporation. All trademarks
or registered trademarks are the property of their respective owners.

Except for factual and historical information contained herein, matters
discussed in this release, including statements as to the Company's ability to
consummate the described financing in the amounts and on the terms stated, the
Company's ability to accelerate activities and expand operations and the
Company's ability to qualify for a Nasdaq listing, are forward-looking
statements that involve risks and uncertainties, and actual results may be
materially different. Factors that could cause actual results to differ
include the risk that sales of the Company's services may not develop as
expected and the risk that the Company may not be successful in forecasting
and meeting customers' demands for its services. The Company may not be able
to obtain a listing on the Nasdaq stock market or successfully complete its
planned financing on the terms that it expects. Additional information on
factors that could cause actual results to differ materially from
forward-looking statements made in this release are contained in the Company's
reports on Form 10-KSB and 10-QSB filed with the Securities and Exchange
Commission.

SOURCE InfoNow Corporation
-0- 12/17/1999
/CONTACT: Kevin Andrew, CFO of InfoNow Corporation, 303-293-0212,
kandrew@infonow.com/
/Web site: infonow.com
(INOW)

CO: InfoNow Corporation; Soros Private Equity Partners LLC; Putnam
Investments; Stolberg Equity Partners LLC