SANTA ANA, Calif., Nov. 14, 2000 (PRIMEZONE) -- The following is being issued by Donner Corporation International, a member of the National Association of Securities Dealers, CRD number 37702.
Donner Corp. International, an Investment Banking firm headquartered in Santa Ana, Calif., today reiterated its Speculative Buy Recommendation on Integrated Spatial Information Solutions Inc. (ISIS) (OTCBB:ISSS), Frankfort, Ky. ISIS capitalizes on an ever-increasing global demand for custom-made computer systems and technologies that acquire, store, analyze and display geographic and spatial information.
Donner said, in reiterating its Speculative Buy Recommendation, that the backlog at ISSS' wholly owned subsidiary, PlanGraphics, Inc., totaled $8.3 million at September 30, 2000, the end of the Company's fiscal year, an increase of 54 percent compared to September 30, 1999 and 66 percent higher than the previous two quarters.
"ISSS is experiencing significant growth," Donner said. "PlanGraphics, Inc. recently received a coveted 'Outstanding' overall satisfaction performance rating by independent business information publisher Dun & Bradstreet, Inc., reflecting its quality, cost of products/services, technical support, timeliness and attitude of personnel.
Donner said it believes Integrated Spatial is undervalued in comparison to competitors Convergent Group Corp. (Nasdaq:CVGP) MapInfo Corp. (Nasdaq:MAPS) and Analytical Surveys, Inc. (Nasdaq:ANLT) and offers investors strong upside potential because of the increased global demand for custom made computer systems (hardware and software) that design and implement geographic information systems (GIS). "With the vast GIS and IT experience of the management staff, and its cutting edge products and services, ISSS is positioned for substantial growth," Donner concluded.
Copies of the new Donner report on Integrated Spatial Information Solutions Inc. are available at www.donnercorp.com.
Any information or opinion provided in this report/release does not solicit or make an offer to buy or sell any securities or any options, futures or other derivatives related to such securities herein. DCI and its affiliates may trade for their own accounts in any securities of the issuer or in related securities. DCI or its affiliates, directors, officers and employees, may have a long or short position in securities of the issuer or related investments. DCI or its affiliates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report/release. This research report/release has been prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objective, financial situation, suitability, and the particular need of any specific person who may receive this report/release. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report/release and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall substantially. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily indicative of future performance. Copyright 2000 DCI. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that DCI was recently compensated by ISSS in the form of a $2,500 initial retainer fee and DCI receives $2,000 per month for services provided. DCI will also receive $3.00 for each prospective investor name delivered to ISSS. DCI may receive compensation for DCI databases and DCI may receive stock, options, or warrants to purchase stock of ISSS, which has not been determined as of the date of this report/release. There will be a negotiable fee for merger, acquisition, institutional transactions or other business relationships entered into between ISSS and companies introduced by DCI.