To: Jim P who wrote (6695 ) 4/13/1999 10:05:00 AM From: Veteran98 Read Replies (1) | Respond to of 62347
HLAB-CDN looks pretty interesting. It's only a matter of time before the market takes a look at what the company is involved in. Hyberlab Teknologies Corp - Sales and distribution agreements Hyberlab Teknologies Corp HLAB Shares issued 15,321,182 1998-10-30 close $0.06 Monday Nov 2 1998 Mr. Gregg Galbraith reports Hyberlab Teknologies' operating subsidiary has secured three international distributors for its current and soon to be launched products. Negotiations are under way for another three. The distributors Transcat/EIL, Powerbox and Marshall combined have over 200 sales offices and should generate in excess of $1-million in sales for Hyberlab over the next 12 months. Sales will begin in the first quarter 1999. Hyberlab had sales without the aid of distribution of $545,650 for fiscal 1997. Hyberlab Teknologies Corp - Internet ePower launch Hyberlab Teknologies Corp HLAB Shares issued 15,321,182 1998-11-16 close $0.04 Tuesday Nov 17 1998 Mr. Gregg Galbraith reports Through an operating subsidiary, the company's pilot internet project code-named ePower, will be launched early 1999. Buyers from OEMs will log onto the ePower website to buy power related electronic components and subsystems. ePower will act as a net flea market bringing together all manufacturers in this field. This technique has been pioneered successfully in the consumer markets. As the $30B plus power electronics market is still fragmented and diverse with over 2,000 manufacturers, Hyberlab will be the first to act as administrator. Electronic component buyers are finding it increasingly difficult to source components for an incredibly diverse and exponentially expanding product base. By using Hyberlab's ePower website buyers avoid the daunting task of finding a single component from a sea of manufacturers using today's search engines. ePower's key innovations will be its interactivity and data recovery systems. Hyberlab will use its customer base as a spring board to reach critical mass of OEM subscribers. Initially revenue will come from subscribers, but as critical mass and popularity grows advertisers will participate. Hyberlab has liquid assets worth $585,000 and 1997 sales of $545,650.