To: MoneyMade who wrote (5884 ) 2/8/1999 2:08:00 PM From: Dave Gore Read Replies (2) | Respond to of 15987
VOLUME ALERT ** INOW ** Great clients, Super Mgmt., 126% growth, low float...looks good, highest volume in many months AndrewG. DENVER, Oct. 20 /PRNewswire/ -- InfoNow Corporation (OTC Bulletin Board: INOW), the leading provider of Internet-based Prospect Management Services(SM), today announced that Mike Basch has joined the Company as Vice President of Client Development. Mr. Basch was one of the founding officers of Federal Express. ************ InfoNow Corp. (OTC:INOW) of Denver provides automated location referral and inquiry management services. InfoNow outsources these services via the public Internet or private intranets for clients in ten countries, including eight of the ten largest global computer and networking firms and six of the eight largest banks in North America, as well as other industry leaders like Allstate, American Airlines, FedEx, Maytag, Shell, Transamerica, United Healthcare and Visa. For more information, please visit www.infonow.com. ********** DENVER, Nov. 10 /PRNewswire/ -- InfoNow Corporation (OTC Bulletin Board: INOW), the leading provider of outsourced Internet services for one-to-one marketing, today announced financial results for the third quarter ended September 30, 1998. Third quarter revenues from continuing operations grew 126% to $680,000 versus $301,000 in the third quarter of 1997. The Company also reported a third quarter net loss from continuing operations of $250,000 or $0.04 cents per share compared to a net loss of $395,000 or $0.07 cents per share for the third quarter last year. The financial results reflected ongoing improvement in the Company's sales and operating results as it continues to increase the number of clients that have signed long-term contracts to use InfoNow's outsourced services. Michael Johnson, the Company's Chief Executive, stated, "We hit our plan for the quarter. We have increased our base of recurring revenues by over 125% so far this year while growing more than 30% in the last quarter and continuing our drive to profitability. This growth derives not only from adding new clients like Allstate, First USA, Intel, Hewlett Packard, Maytag, and Transamerica, but also in expanding the breadth of services we provide existing clients like Apple, Cisco, Citicorp, First Union, and IBM."