Wednesday July 28, 11:57 am Eastern Time
Company Press Release
Anything Internet Receives Publishing in Standard & Poor's Corporate Records
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--July 28, 1999-- Anything Internet Corporation (OTC BB:ANYI) (OTC BB:BANY) announces its corporate and financial information has been published in Standard & Poor's (S&Ps) Corporate Records.
Additionally, Anything Internet's information has been published electronically in S&P's Market Access, MarketScope and StockGuide programs, and can be found on the Internet at www.advisorinsight.com.
The publishing in S&P's Corporate Records conveys Anything Internet automatic exemptions to Blue Sky securities laws in certain states. When combined with Anything Internet's other Blue Sky compliance efforts, Anything Internet is now ''Blue Skied'' in all 50 states.
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.
Standard and Poor's Corporate Records have been published continuously since 1917, and currently provide in-depth coverage on over 12,000 domestic and internationally publicly traded companies. Used by over 250,000 investment officers, pension fund managers, registered representatives and others, it is now available in print, on CD-ROM and through online systems.
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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