American General Ventures Offers Doublecase Hard-sided Protective Carrying Cases as Option on Avail Notebook.COLORADO SPRINGS Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , Colo.--(BUSINESS WIRE)--July 16, 1998-- American General Ventures, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMGV) announced that it has entered into an agreement with DoubleCase Corporation, a wholly-owned subsidiary of Banyan Corporation (OTCBB:BANY), for the resale and bundling of DoubleCase products with its line of Avail notebook computers. AMGV now offers DoubleCase products as an optional accessory product for notebook computers through its Internet and physical storefronts. Designed for uncompromising protection of notebook computers, the DoubleCase product line offers many times the level of protection of competing soft-sided carrying cases while remaining extremely competitive in areas of storage capacity, weight, current styling, ease-of-use and cost. DoubleCase is a leading manufacturer of notebook computer hard-sided protective carrying cases; its products are backed by a lifetime guarantee. Chris Walker There are several people called Chris Walker or Christopher Walker:
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , stated, "AMGV is pleased to be one of the first notebook computer manufacturers to offer hard-sided protective carrying cases to its customers. Based on our research, most customers are not aware of the existence of a hard-sided protective carrying case for notebook computers. By offering the DoubleCase line as an option, we provide our customers with solid protection for their notebook computer investment, while improving the Company's bottom line through increased sales of higher gross margin accessory products." American General Ventures, Inc. is a leading marketer and distributor of affordable, branded multimedia computer systems, directly to consumers and small businesses via the Internet and other distribution channels. The Company began a relationship with the world's largest retailer in 1995 by selling its computers in its retail outlets. Because of the success the Company had with these retail stores, the retailer asked the Company to feature its Avail computers on its online store. The retailer's online store currently plans to offer build-to-order ("BTO BTO British Trust for Ornithology BTO Business Technology Optimization BTO Bachman Turner Overdrive (band) BTO Business Transformation Outsourcing BTO Build-Transfer-Operate BTO Brutto (German: Gross [quantity]) ") computers in the third quarter of 1998 and has committed to using the Company as its main BTO vendor. The Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. When used in this report the words "should", "believe", "anticipate", "expect", and similar expressions are intended to identify forward-looking statements. Such statements indicate management's reasonable assessment of the results of targeted programs and policies. These results are subject to risks and uncertainties which could cause actual results to differ materially from those projected. Contact: Investor Relations Investor relations The process by which the corporation communicates with its investors. , American General Ventures, Inc. (719) 548-1616 ext. 25.
CONTACT: American General Ventures Inc., Colorado Springs
719/548-1616
FAX: 719/548-0396
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