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Technology Stocks : HARBINGER (HRBC) -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (301)	6/10/1999 8:13:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 402

A positive pre-announcement from HRBC: biz.yahoo.com Thursday June 10, 4:30 pm Eastern Time Company Press Release SOURCE: Harbinger Corporation Harbinger Announces Continued Strong Growth in Core Products and Services for 2Q99 ATLANTA, June 10 /PRNewswire/ -- Harbinger Corporation (Nasdaq: HRBC- news), a worldwide supplier of Electronic Commerce software, services and solutions, announced today in a letter to shareholders posted on the Company's Web site that revenue growth from core products and services continues to grow in the current quarter (2Q99) and is expected to exceed consensus Wall Street expectations. Earnings are also expected to meet or exceed consensus Wall Street expectations for 2Q99. More information regarding this announcement can be found in the Investor Relations section of the Company's Web site at www.harbinger.com . ''The strong growth in core products and services that we realized in Q1 '99 is continuing in Q2,'' said C. Tycho Howle, Harbinger Chairman and CEO. ''Total revenue is expected to grow more than 15%, with revenue from continued products and services expected to grow more than 40% and revenue from continued software products expected to grow more than 60% over Q2 '98. Our current working forecast for Q3 '99 is also slightly ahead of current Wall Street expectations. Clearly, the Y2K impact has not materialized to the extent we originally anticipated for Q2 and would not appear to be a significant factor for Q3 performance at this time.'' About Harbinger Harbinger Corporation is a leading worldwide provider of business-to- business Electronic Commerce software, services and solutions. The company maximizes its customers' business potential with comprehensive, scalable E-Commerce solutions that help streamline operations, increase profitability and build electronic trading communities. Harbinger's objective is to serve more customers using Internet Protocols (IP) than any other provider and to establish harbinger.net(sm) as the preferred transaction portal for E-Commerce information and mission-critical, business-to-business E-Commerce transactions. Headquartered in Atlanta, Georgia, Harbinger provides worldwide support to its customer community from multiple U.S. and overseas operations facilities. For more information, visit www.harbinger.com . This press release contains statements which may constitute ''forward- looking statements'' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Harbinger Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of our operating results, the ability to compete successfully and the ability to integrate acquired companies. Additional factors are set forth in the Safe Harbor Compliance Statement for Forward-Looking Statements included as Exhibit 99.1 to the Company's Annual Report on Form 10-K for the year ended December 31, 1998. The Company undertakes no obligation to update or revise forward- looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Harbinger and the Harbinger logo are registered trademarks, and harbinger.net is a service mark of Harbinger Corporation or its subsidiaries. All other company and product names referenced herein are registered trademarks or trademarks of their respective owners. CONTACT: Jim McCormick of Harbinger Corporation, 404-467-3495, or jim.mccormick@harbinger.com SOURCE: Harbinger Corporation