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To: Saturday who wrote (6880)6/9/1998 12:40:00 PM
From: nmsparky  Respond to of 8835
 
Henley Positioned to Capitalize on Exploding E-Commerce Market

MIAMI--(BUSINESS WIRE)--June 9, 1998--Harold Stock, president of the Henley Group Inc. (OTC BB:HNLY), addressing a group of industry end users said, "With the recent announcement of its agreement to purchase OpenOrders Inc. of Newton, Mass., The Henley Group through its subsidiaries, has positioned itself as a strong player in the exploding electronic market."

OpenOrders' "Open Fulfillment Product" is strategically positioned to provide the Financial Services community with a sophisticated order processing and literature fulfillment business solution. The product seamlessly integrates into a full financial E-commerce solution.

Stock, using the following statistics, demonstrated the potential revenue stream available to Henley through its subsidiaries: -0- *T Total 1996 $9.5B Total 2000 $196B E-commerce Revenue E-commerce Revenue Financial Services $0.2B Financial Services $ 23B Business-to-Business $0.6B Business-to-Business $ 66B Retail $0.5B Retail $ 7B

Source: Forrester Research Inc., 1997

*T

In addition, MAGRA Computer Technologies will be integrating OpenOrders into its Digital Asset Management solutions for Catalog Marketers. This provides a complete system from the creation of the catalog itself to the management of orders, inventory, payment, and shipment in either business-to-business or retail E-commerce.

With the recent opening of offices in Marietta, Ga. and Miami, as well as the Toronto location, MAGRA will be able to offer E-commerce solutions to clients across North America.

The Henley Group Inc. is actively seeking to acquire companies in the systems integration and related software fields.

CONTACT:

The Henley Group, Inc., Miami

Daisy Campos, 305/438-0020



To: Saturday who wrote (6880)6/9/1998 12:40:00 PM
From: purecntry5  Read Replies (2) | Respond to of 8835
 
In this game you must be quick and nimble....pennies arent for the weak of heart...I reserve the right to change my mind as the wind blows. c):-)

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