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To: Forest Gump who wrote (6334)7/2/1998 1:08:00 PM
From: Due Diligence  Read Replies (1) | Respond to of 8798
 
CSHK:
news out, near bottom. forcast .03 earnings.
Jimbo

(COMTEX) B: Cashco Management Inc. Announces Release of Y2K -Year 200
B: Cashco Management Inc. Announces Release of Y2K -Year 2000- Software

PHILADELPHIA (July 2) BUSINESS WIRE -July 2, 1998--Cashco Management
Inc. (NASDAQ BB:CSHK) announced today that the latest version of the
company's Y2K analysis software, 11th Hour, has been released for
volume CD ROM fabrication.

Major sales and marketing efforts in strategic markets are currently
being rolled out.

An updated test drive of the product representative of this release
will be available on the Zitec website (www.zitec.com) after July 1,
1998. A prior version, first released via the website, is still
available. Orders for product may be placed via the website.

The company has implemented an NFR (Not For Resale) program for dealers
and set a target of July 15, 1998 to commence shipment of an NFR
product to dealers. Additional details about the program will be made
available over the next two weeks.

Cashco has also committed to providing a full version of the program
for download via the Internet on www.zitec.com prior to the end of July
1998. Volume shipments of the CD based product will commence Aug. 1,
1998.

Details of the integrators, VARs (Value Added Resellers) and VADs
(Value Added Distributors) version, as well as corporate and government
site licensing programs are in development and will be made available
prior to Sept. 1998.

Based on orders in hand and pending, the company is confident in
projected earnings of $.03 per share for the period ending Dec. 31,
1998.

Cashco Management Inc. is an information systems management company.

-0- iz/ny* sdg

CONTACT: Cashco Management Inc.
Alan Laffkas

610/458-9540
or

The Pinnacle Group
Mark Cohen

718/428-7651

KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT Today's News On The Net -
Business Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com

*** end of story ***