Anything Internet Announces Agreement With Public Relations Firm
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Aug. 3, 1999--Anything Internet Corporation (OTC BB:ANYI) (OTC BB:BANY) announces that it has retained the investor and public relations firm NewTrends Holdings, Inc. NewTrends, through its subsidiary Cash Cow Magazine (www.cashcowmag.com), will provide investor relations assistance to Anything Internet by providing a wider dissemination of corporate information such as the introduction of new Internet storefronts, revenues and earnings results, results of mergers and acquisitions activities, and various other developments that would be of interest to the general investment community.
J. Scott Sitra, Anything Internet's President and Chief Executive Officer, stated, "We are pleased to have Cash Cow Magazine assisting us in spreading the word to Wall Street about Anything Internet's tremendous growth and future plans. Cash Cow Magazine has a proven track record and an established following, which should benefit our current and future shareholders. Additionally, with the additional exposure we anticipate not only attracting new shareholders, but new customers to our existing and future Internet storefronts, making this a win-win situation for everyone."
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, Colorado with a business-to-business sales and support office in Tampa, Florida, 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 Bulletin Board: 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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