To: Stock Watcher who wrote (4445 ) 3/18/1999 8:02:00 AM From: flickerful Read Replies (1) | Respond to of 52051
TEKC coverage initiated with strong buy ......... NEW YORK--(BUSINESS WIRE)--March 18, 1999--Catalyst Financial has initiated coverage of Teknowledge Corp. (Nasdaq Small Cap:TEKC.O) with a Strong Buy rating. Teknowledge is a profitable company with significant intellectual property being adapted for use in the Internet/e-commerce market. TEKC develops knowledge-based software products and services for government and commercial Internet applications. The first commercial product, Sales Associate(tm), applies product-specific knowledge and interactive technologies to provide a new generation of sales capabilities for e-commerce web sites. Teknowledge has been profitable for 18 consecutive quarters, and we are projecting earnings per share to increase 79% in fiscal 1999 to $0.25, and an additional 48% to $0.37 in fiscal 2000. Steven Bronson, president of Catalyst Financial stated, "To be able to invest in a company with Teknowledge's track record of profitability combined with the tremendous potential for explosive growth of their proprietary Internet technologies is a rare opportunity in today's market." Catalyst Financial is a full service investment banking, research and trading firm based in New York, offering a complete package of services to both public and private companies, including private placements, restructurings, public offerings, fairness opinions and related services. For further information or a copy of the research report, please contact Mr. Bronson at 212/872-1623. --30--pp/mi* CONTACT: Catalyst Financial, New York Steven Bronson, 212/872-1623 KEYWORD: NEW YORK Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1999, Business Wire