To: Doo who wrote (9 ) 5/15/1998 5:09:00 PM From: justaninvestor Read Replies (1) | Respond to of 841
To All - Do you think the following PR will calm things down? FUTURELINK DISTRIBUTION CORP. (NASD-OTCBB: "FLNK") FOR IMMEDIATE RELEASE MAY 15, 1998 FUTURELINK RECEIVES "STRONG BUY" RECOMMENDATION FROM NEW YORK INVESTMENT ANALYST CALGARY: FUTURELINK DISTRIBUTION CORP. (NASD-OTCBB: "FLNK"), is pleased to announce that the Company has received a "STRONG BUY" recommendation in a research report from Lanzet Global Securities Corp. in New York. The report cites the trends and growth in the Information Technology Sector, FutureLink's established infrastructure and market share lead, as well as the cost benefits for FutureLink customers. The report projects the 12 to 18 month price objective at $10.00 to $20.00. FutureLink is described as having "the potential of becoming one of the market leaders in the global information technology services industry." Mr. Stanley Lanzet has been an investment analyst since 1967, covering a wide range of countries, industry sectors and special situation stocks. Lanzet Global Securities Corp. was founded with a focus on companies that are not followed by major brokerage houses and/or those that are being grossly misperceived in the investment community. Up to 1993, Mr. Stanley Lanzet was Managing Director/Principal of Bear Sterns and Director of Research for Emerging Markets. Prior to this, Mr. Lanzet was a Senior Vice President and the Associate Director of Research at Arnhold and S. Bleichroeder Inc. Also, Mr. Lanzet was a First Vice-President of Research at Drexel Burnham Lambert Inc. for 12 years covering U.S. emerging companies. Copies of the research report are available by contacting FutureLink directly at (888) 543-5511. FutureLink will post the report on its web site by May 20, 1998. FutureLink is the world's first computing utility company providing small and medium sized businesses with an outsourcing solution for their computing needs through the use of thin client computers and networked PC's. FutureLink's information technology services cater to businesses with more than 20 computer users or seats. On a subscription basis, FutureLink offers its customers a full service, multi-year computing solution, which includes hardware, software, training and maintenance. For further information on FutureLink, please visit the website @ www.futurelink.net. Investor Relations may be reached by contacting Mr. Chris McNeill: toll-free @ 1-888-543-5511 or by e-mail @ cmcneill@futurelink.net. In the U.S., call Mr. Tom Madden @ 1-800-941-1558. Certain statements in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements made by the company involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, risks associated with international operations, dependence on licenses, governmental regulation, technological changes, intense competition and dependence on management. Given these uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements. The company disclaims any obligation to forward-looking statements contained herein to reflect any change in the company's expectation with regard thereto or any change in events, condition, circumstances, or assumption underlying such statements. FUTURELINK DISTRIBUTION CORP. Mr. Cameron Chell, Chairman and CEO