To: dealmakr who wrote (2539 ) 7/24/1998 7:49:00 AM From: Benchman Read Replies (1) | Respond to of 5847
*****NEWS--Sort of******************* BANYAN CORPORATION ================== 4740 Forge Road, Building 112 Colorado Springs, Colorado 80907 (719) 531-5535 (719) 531-9135 Fax FOR IMMEDIATE RELEASE ~~~~~~~~~~~~~~~~~~~~~ Please contact: Sitra Enterprises, Inc. Investor Relations (512) 453-3817; Fax (512) 453-7553 E-Mail: bany@sitra.com Internet: sitra.com NOTICE OF CONFERENCE CALL Colorado Springs, Colorado - July 24, 1998 -- Banyan Corporation (OTC Bulletin Board -- BANY) cordially invites all shareholders, financial analysts, stockbrokers, market makers, and other interested parties to participate in a telephone conference call to review the second quarter 1998 and recent corporate developments. The conference call will be hosted by Cameron Yost, Banyan's President and Chief Executive Officer. Details are as follows: Date: Wednesday, July 29, 1998 Time: 3:00 p.m. EDT Telephone Number: (303) 633-6100 On July 29th, at anytime during or just prior to the scheduled time, dial the telephone number and ask to be placed into the "Banyan Conference Call". The conference call will be operator moderated and will begin with a brief overview of the second quarter and current developments, and will then move into an open forum format for questions and answers. If anyone has any questions about the conference call, please feel free to contact investor relations at (512) 453-3817. Banyan Corporation is a publicly traded holding company with operating subsidiaries engaged in designing, manufacturing and marketing a variety of personal computer accessory products with a focus on the notebook computer market - the fastest growing segment of the personal computer industry. Through its wholly-owned DoubleCase Corporation subsidiary, Banyan is a leading manufacturer of notebook computer hard-sided protective carrying cases. Banyan's products are currently available through distribution from Ingram Micro and 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, and to the U.S. government. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. 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. 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. 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. * * *