Hyaid Surpasses Projected Income

Apr 17, 2001, 01:00 ET from The Hyaid Group

    LONG ISLAND, N.Y., April 17 /PRNewswire/ --
 The Hyaid Group (OTC Bulletin Board:   DMDI) is pleased to announce that the
 year 2000 was a major turn-around year for us after 4 years of losses between
 1996 - 1999.  The revenue that we processed on our clients' behalf in the year
 2000 was approximately $150 million. With fulfillment sales totaling
 $7.7 million, this resulted in a company profit of over $1 million before
 interest, tax and depreciation according to the 10-K audited statement
 published 3/31/01.
     Our facility is newly renovated and automated and we are poised for the
 beginnings of a major growth stage with an active push toward acquisitions,
 development and sales of our proprietary Home Referral Unit Network System
 (Home Run System)(TM) as well as the development of various in-house product
 lines sold by The Hyaid Group and wholly owned subsidiaries directly to
 consumers.
     To further report on our emerging profit trends, we have just completed
 our first quarter of business.  Preliminary un-audited indications are that
 our profit for the quarter is in the neighborhood of $340,000 before interest
 tax and depreciation.  Our sales base is approximately $2,033,000.  On a
 straight-line projection basis, this would translate to a 2001 total of
 $8.1 million in sales and $1.3 million in profit before interest, tax and
 depreciation, exclusive of any new business booked or any acquisitions, etc.
 "All in all, we have the promise of a great year ahead of us," said Mr. Dick
 Levinson, President of Hyaid Group.
 
     Safe Harbor For Forward-Looking Statements:
     Except for historical information contained herein, the statements in this
 release are forward-looking statements that are made pursuant to the safe
 harbor provisions of the Private Securities Litigation Reform Act of 1995.
 forward-looking statements involve known and unknown risks and uncertainties,
 which may cause a company's actual results in the future periods to differ
 materially from forecasted results.  These risks and uncertainties include,
 among other things, product price volatility, product demand, market
 competition and risk inherent in the company's operations.  You can identify
 these statements by the fact that they do not relate strictly to historical or
 current facts.  They use words such as "anticipate," "estimate," "expect,"
 "project," "intend," "plan," "feel," "think," "hear," "guess," "believe" and
 other words and terms of similar meaning in connection with any discussion of
 future operating or financial performance.
 
 

SOURCE The Hyaid Group
    LONG ISLAND, N.Y., April 17 /PRNewswire/ --
 The Hyaid Group (OTC Bulletin Board:   DMDI) is pleased to announce that the
 year 2000 was a major turn-around year for us after 4 years of losses between
 1996 - 1999.  The revenue that we processed on our clients' behalf in the year
 2000 was approximately $150 million. With fulfillment sales totaling
 $7.7 million, this resulted in a company profit of over $1 million before
 interest, tax and depreciation according to the 10-K audited statement
 published 3/31/01.
     Our facility is newly renovated and automated and we are poised for the
 beginnings of a major growth stage with an active push toward acquisitions,
 development and sales of our proprietary Home Referral Unit Network System
 (Home Run System)(TM) as well as the development of various in-house product
 lines sold by The Hyaid Group and wholly owned subsidiaries directly to
 consumers.
     To further report on our emerging profit trends, we have just completed
 our first quarter of business.  Preliminary un-audited indications are that
 our profit for the quarter is in the neighborhood of $340,000 before interest
 tax and depreciation.  Our sales base is approximately $2,033,000.  On a
 straight-line projection basis, this would translate to a 2001 total of
 $8.1 million in sales and $1.3 million in profit before interest, tax and
 depreciation, exclusive of any new business booked or any acquisitions, etc.
 "All in all, we have the promise of a great year ahead of us," said Mr. Dick
 Levinson, President of Hyaid Group.
 
     Safe Harbor For Forward-Looking Statements:
     Except for historical information contained herein, the statements in this
 release are forward-looking statements that are made pursuant to the safe
 harbor provisions of the Private Securities Litigation Reform Act of 1995.
 forward-looking statements involve known and unknown risks and uncertainties,
 which may cause a company's actual results in the future periods to differ
 materially from forecasted results.  These risks and uncertainties include,
 among other things, product price volatility, product demand, market
 competition and risk inherent in the company's operations.  You can identify
 these statements by the fact that they do not relate strictly to historical or
 current facts.  They use words such as "anticipate," "estimate," "expect,"
 "project," "intend," "plan," "feel," "think," "hear," "guess," "believe" and
 other words and terms of similar meaning in connection with any discussion of
 future operating or financial performance.
 
 SOURCE  The Hyaid Group