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Technology Stocks : Andover.Net (ANDN) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (70)	12/9/1999 12:25:00 AM
From: Norms	Respond to of 160

For those looking for a super reasonable price linux stock check YARC. When you look closely at the release that got everything going on Monday - you'll realize the funding and the Linux tie-ins make this a monster play, short and long term. I have personal experience with YARC systems from previous years when I was an Apple Dealer. Great organization. YARC has always been a high-end provider. This has a $2.00 - $5.00 or more price tag attached to it IMHO. Go to all the links. This is the real deal. ************************************************************************************* Sunday December 5, 10:45 pm Eastern Time Company Press Release YARC Secures Funding for Merger and Acquisition Program CAMARILLO, Calif.--(BUSINESS WIRE)--Dec. 5, 1999--YARC Systems Corporation (OTC BB:YARC - news) today announced that it has closed a financing which will provide a ten million dollar ($10,000,000) credit facility to expand YARC's merger and acquisition activities. The funding is non-dilutive, being in the form of an interest-only loan. It is expected that all funds will be in-hand by December 23, 1999. ''The printing industry is undergoing significant consolidation,'' commented Dr Trevor Marshall, YARC's Chairman and CEO. ''This funding will enable YARC to aggressively achieve critical mass in those technologies which will be essential to the printshop of the future. The printing industry is fast becoming geographically diverse, reliant on the Internet not just for file transmission, but also for training and customer support. Over the last three years YARC has been developing LINUX solutions for Internet based printing, and we are currently the only color server manufacturer which can provide complete remote technical assistance and problem diagnosis over the Internet.'' (also see press release dated 11 Jan 1999 at yarc.com ) YARC's LINUX Color server on the Internet is at yarcxp.com. Part of the funding will be used to grow YARC's first acquisition, Quality Photographic Imaging, who specialize in the emerging market for spectacular 3-Dimensional versions of the signage used at the Point Of Sale (POS) in retail environments such as Restaurants, Vending Machines, and Department Stores. The total size of the market for POS signage in 1998 was 13.7 Billion dollars. The 3-D formats are currently a small, but growing, fraction of that market. The remainder of the funding will be used to complete other acquisitions YARC has identified within the printing industry. Emphasis is being placed on targets with good revenue flows and Internet-related growth potential. Special attention is being paid to those companies where YARC's technologies can be used to improve profitability. About YARC ( yarc.com YARC has developed proprietary LINUX software that integrates Printing technologies with the Internet and Internet Browsers. YARC's proprietary version of Adobe Systems' ''PostScript'' Printer Description Language (PDL) is used to transfer images from a computer, over a network such as the Internet, to a printing engine. Any computer image, whether it comes from a digital camera, a scanner, or a professional paste-up, can be printed onto paper using YARC's RIPs for desktop printers, color copiers, or the wide format printers that make POS display signage. Through its Quality Photographic Imaging division, YARC will pioneer a new generation of 3-Dimensional Point Of Sale (POS) signage used in high traffic environments such as airports, theaters and casinos. YARC's E-Commerce Server is at secureshop.yarcrip.com. YARC/QPI's 3-D POS showcase is 3-dsigns.com. At this date YARC Systems has 20,448,021 shares of common stock issued and outstanding, 23,327,087 million on a fully diluted basis. The number of shares in the public float is just over 12 million. YARC Officers and Management own 34% of the issued and outstanding common stock. The above totals include the shares being used to acquire Quality Photographic Imaging. There have been delays in the filing of this merger with the State of California brought about by incorrect processing of the 1987 merger that created QPI. DISCLAIMERS: Forward Looking Statements: Certain of the above statements may be forward looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments, lack of adequate financing, and other risk factors listed from time to time in the Company's disclosure statements and/or SEC reports. Such statements are protected under the Safe Harbor provisions of the securities regulations. Specific Risk Factors: No guarantees can be given that the above described funding will be consummated as contracted. YARC has performed reasonable due diligence to determine the existence and utility of the securities underlying this transaction, but no guarantees can be made that such due diligence has uncovered all possible problems. This transaction has been in negotiation for 5 months prior to its confirmation and close. No guarantee can be given that further delays will not occur, whether or not due to circumstances within YARC's control. All trademarks are the property of their respective owners. Contact: YARC Philippe Niemetz, 800/477-7570 (Investor Relations) or 212/344-6464 wphconsultants@msn.com Press Relations, 800/800-YARC press@yarc.com