To: Mike Sawyer who wrote (4677 ) 3/24/1999 7:11:00 PM From: steve Read Replies (2) | Respond to of 5847
Mike and all, Subject: FOR IMMEDIATE RELEASE Date: Wed, 24 Mar 1999 16:48:51 -6 From: "Banyan Corporation" <bany@sitra.com> Organization: Banyan Corporation To: Banyan.E-Mail.Distribution.List@sitra.com 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 BANYAN ANNOUNCES SHAREHOLDER CONFERENCE CALL Colorado Springs, Colorado -- March 24, 1999 -- 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 recent business and financial developments. The conference call will be hosted by Cameron Yost, Banyan's President and Chief Executive Officer. Details are as follows: Date: Thursday, April 1, 1999 Time: 12:00 p.m. EST Telephone Number: (800) 937-4595 On April 1st, just prior to the scheduled time, please dial the telephone number and ask to be connected with the Banyan conference call. Replays of the conference call will be available between 9pm and 10pm EST on April 1st by dialing (800) 633-8284 or (619) 812-6440 and using access code 12050416. Audio cassette recordings will be available afterwards by request through Investor Relations. Banyan Corporation is a publicly traded holding company with operating subsidiaries engaged in designing, manufacturing and marketing a variety of accessory products for personal computers, including a full line of hard-sided protective carrying cases for the notebook computer market -- the fastest growing segment of the personal computer industry. 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. Banyan also controls 26 percent of the Internet retailer Anything Internet Corporation. 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, planned 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. * * * steve