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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (1997)5/4/1998 4:49:00 AM
From: 24601  Read Replies (1) | Respond to of 5847
 
News just out:

ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ BANYAN CORPORATION
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ ==================ÿÿÿÿÿÿÿÿÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ 4740 Forge Road, Building 112
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Colorado Springs, Coloradoÿ 80907
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ (719) 531-5535ÿÿÿÿ (719) 531-9135 FAX

ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ FOR IMMEDIATE RELEASE
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ ~~~~~~~~~~~~~~~~~~~~~

Please contact: Sitra Enterprises, Inc.
ÿÿÿÿÿÿÿ Investor Relations
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ (512) 453-3817; Fax (512) 453-7553
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ E-Mail: bany@sitra.com

Internet:ÿÿÿÿÿÿÿÿ sitra.com

ÿÿÿÿÿÿÿÿÿÿ INTERNET RESELLER ANYTHING, INC. TO MARKET BANYAN PRODUCTS

Colorado Springs, Colorado - May 4, 1998 -- Banyan Corporation (OTC Bulletin Board -- BANY) announces that Anything, Inc. has commenced marketing and reselling Banyan's products through its AnythingPC, AnythingMac, and AnythingUNIX Internet storefronts which can be found at anythingpc.com, anythingmac.com, and anythingunix.com, respectively.

Anything, Inc. began conducting business via the Internet in late 1997 and has seen its sales and daily traffic surge in recent months. Anything, Inc. is forecasting 1998 sales of $12 million and is currently receiving approximately 6,200 unique "hits", or individual visitors, a day at its Internet storefronts.ÿ Anything, Inc. has agreed to promote Banyan's products through featured product banner advertisements at its Internet storefronts.

Cameron Yost, Banyan's President and Chief Executive Officer, stated, "We are excited to be a part of Anything, Inc.'s Internet storefronts and marketing campaign.ÿ With the Internet rapidly becoming a significant outlet for retail sales, Management intends to maximize the efficiencies of the Internet to boost end-consumer retail sales and build brand name recognition at minimal cost and risk to Banyan. We believe that the additional exposure Anything, Inc. and the Internet in general offers will help open the door to new retail opportunities - both from the Internet and retail chain stores."

Banyan Corporation is a publicly held holding company with operating subsidiaries engaged in designing, manufacturing and marketing a variety of accessory products, including a full line of hard-sided protective carrying cases for the notebook computer market - the fastest growing segment of the personal computer industry.ÿ Banyan's products are currently sold through a wide variety of computer mail order catalogs, several of the largest U.S. computer retailers, Value Added Resellers (VARs), a number of overseas vendors including its own DoubleCase UK Limited subsidiary, and to the U.S. government.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements.ÿ 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 Banyan 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, planed capital expenditures, future funding sources, anticipated sales growth and potential contracts.ÿ 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 Banyan Corporation.ÿ 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.

ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ * * *