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To: STEAMROLLER who wrote (1249)	7/31/1998 7:27:00 AM
From: STEAMROLLER	Read Replies (1) \| Respond to of 119973

Cyberian IPO seen shining in lackluster week Reuters Story - July 31, 1998 01:45 By Stephanie Borise NEW YORK, July 30 (Reuters) - Cyberian Outpost Inc may be the knight in shining armor for a distressed IPO market this week as technology companies with the potential to build a brand attract demand from investors. Analysts don't see the online retailer of computers and software matching the eye-popping 56-point jump of Broadcast.com Inc , but it has the best prospects in a week that has seen postponements or weak-to-fair openings. "(Cyberian) may end up being the savior for the week," said David Menlow, analyst at IPO Financial. "Everything else seems to pale in comparison." Lead underwriter BT Alex. Brown priced 4.0 million shares of Cyberian late Thursday at $18 each -- at the top of a boosted $17-$18 range, raising $72 million. The Kent, Conn.-based firm's orginal range was $13-$15. But analysts said the company -- whose business has been likened to that of Software.net Corp. -- could find its share price rising from 5 to 20 points on its opening day Friday. Software.net recently launched its own successful IPO. Logging on to Cyberian's Web site (www.ouspost.com) brings a browser on a home page with a circus of options that blink or move in animation. A shopper can select a product by brand name, category or check a hot list for new arrivals in the company's 130,000-strong unit list. The online approach to retailing continues to create demand in the public market because investors get excited over things they can put their hands on, analysts said. "The average investor needs to see a physical presence that generates traffic," said Mark Basham, investment officer and Standard & Poors. "People can relate to something they can log onto on their PC and look at and that is what attracts them." But what creates demand for shares on opening day does not automatically guarantee success in the aftermarket. And the Internet companies that are keeping up the momentum have something that sets them apart from the rest of the tech IPOs which didn't soar -- strategic alliances with monster companies who can help build a brand name and market share. Inktomi Corp. was one such case. With backing from bellwether chipmaker Intel Corp. and high-flying Internet portal service CNET Inc. Inktomi doubled in price on opening day where it closed at 36, and was one of the top gainers on the Nasdaq. On Thursday, Inktomi's stock closed at 55, up 5-1/4 on Nasdaq. Cyberian already has alliances formed with American Online , Lycos Inc. CNET and Excite Inc , practically ensuring its success, analysts said. But companies that either do not have that kind of backing or are not as easy for people to grasp, end up getting lost in the sea of Internet-related IPOs coming to market. Emultek Ltd., which makes software used in cellular phones and fax machines, debuted earlier this month on Nasdaq, but had a poor showing. "That's a different situation because it's simulation-based software and that's not where the Internet is right now," said Menlow. Cyberian intends to use the proceeds from its IPO for system upgrades, office expansion and to pay expenses for its hefty-named strategic alliances.

To: STEAMROLLER who wrote (1249)	7/31/1998 7:28:00 AM
From: STEAMROLLER	Read Replies (1) \| Respond to of 119973

eSoft to Begin Trading on Nasdaq Business Wire - July 31, 1998 01:55 BOULDER, Colo.--(BUSINESS WIRE)--July 30, 1998--eSoft Inc., currently listed on the Vancouver Stock Exchange, announced today that it has received notification from the Nasdaq Stock Market that eSoft common stock has been conditionally approved for trading on the Nasdaq SmallCap Market on Tuesday, August 4, 1998 under the symbol ESFT. "This listing exposes eSoft to the larger U.S. pool of individual and institutional investors and expands the market for the company's stockholders," said Phil Becker, founder and CEO of eSoft. "The Nasdaq listing reflects eSoft's significant capital growth in the last year as well as increased investor interest in the company." The company has traded on the Vancouver Stock Exchange (VSE:EZ.U) since March 1998 and intends to voluntarily delist from that exchange at a future date. About eSoft's IPAD The IPAD (Internet Protocol Adapter) is the first complete Internet connectivity product on the market. It defines a new product category -- the all-in-one Internet box. The IPAD integrates all of the hardware and software needed to connect a business to the Internet, while providing functions such as email, Web browsing, Web publishing, a domain name server, remote access and complete firewall security. It installs in less than two hours and requires little or no ongoing technical administration. Before the IPAD, companies needed to purchase and integrate expensive individual components to connect their local area networks to the Internet. The connectivity process required a high level of technical expertise and lengthy installation time. With the IPAD, smaller organizations can now obtain the same Internet power as the world's largest businesses for a fraction of the time, expense and complexity of traditional solutions. About eSoft Inc. eSoft Inc. (NASDAQ:ESFT) was founded in 1984 and is headquartered in Boulder, Colo. The company developed the IPAD family of products including Models 1200, 2500 and 5000. eSoft's mission is to remove the technological barriers for companies wanting to access the Internet. The eSoft IPAD is available worldwide through distribution and a network of international sales agent organizations. Contact eSoft at 5335 Sterling Drive, Boulder, Colo., 80301, USA; 303/444-1600 phone; 303/444-1640 fax; www.esoft.com or ir@esoft.com. Statements made in this Press Release that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1993 ("The ACT") and Section 21E of the Securities Exchange Act of 1934. These statement often can be identified by the use of terms such as "may," "will," "expect," "believes," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. The Company intends that such forward-looking statements be subject to the safe harbors for such statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. Additional risks and uncertainties which may affect forward-looking statements about the Company's IPAD business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive IPAD solution, delays in market awareness of eSoft and its products, possible delays in eSoft's marketing strategy, which could have an immediate and material adverse effect by placing eSoft behind its competitors. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the "Management's Discussion and Analysis" section of the Company's Reports on Form 10-KSB for the fiscal year ended December 31, 1997 and Form 10-QSB for the quarter ended March 31, 1998, to which reference should be made. The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.