Anything Brands Online, Inc. Confirms Purchase of 300,000 Shares to be Pulled from Public Float
Anything Brands Online, Inc. Confirms Purchase of 300,000 Shares to be Pulled from Public Float at the Start of the Company’s Stock Repurchase Program Tucson, AZ and Overland Park, KS -- (MARKET WIRE) -- 05/21/09 -- Anything Brands Online, Inc. (PINKSHEETS: ANYT) as announced earlier and pointing to what it perceives to be undervalued shares, has launched its stock repurchase program with the actual purchase of 300,000 shares, expecting to retire up to 50% of the public float within 6-9 months. The program authorizes ANYT to buy back up to 8 million shares of common stock at its discretion, subject to market conditions, economic factors, the effect on shareholder dilution, adequacy of capital and the effect on liquidity. The board of directors has authorized the first Two Hundred Thousand ($200,000) dollars to be allocated to the stock repurchase program."This announcement highlights our strong belief that the investment community, perhaps due to overall market conditions, is significantly undervaluing Anything Brands Online’s stock currently, and not fully recognizing the strong margins and growth of our underlying operating businesses,” said Mike Head, President of Anything Brands. He added, “The share buyback program is actually now underway and illustrates our undiluted confidence in the long-term growth of the company and our commitment to increasing shareholder value. We further recognize the negative impact of short-sellers on our stock, and in very clear terms, this action is taken to offset their actions, to the benefit of our loyal shareholders.”
As evidence of the vibrant health of Anything Brands Online’s operations, Head pointed to the company’s recent announcements about its myFreightWorld unit achieving recording revenue levels and inking an agreement worth $15 million with http://HeadHaul.com and its Anything Trucker division’s recent agreement with http://Layover.com increasing its presence in the commercial transportation arena. He also noted Anything Brands Online’s aggressive expansion into the booming green technology arena through the recent launch of the Anything Green Online division.
Anything Brands Online, Inc.
Anything Brands markets and sells products and services to the transportation industry that improve the level of transportation efficiency and safety of its commercial and recreational customers. Their Tradesman Tool division serves automotive, construction, industrial tools, and auto body supplies to consumers and industrial clients. The myFreightWorld division is a business outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to the Logistics Manager industry that accounts for over 200 billion of the $650 billion transportation industry spend. Technology services and products are offered via the web or are accessible through web service applications and are provided primarily through private label arrangements. See: http://www.3plinabox.com, http://www.tradesmantool.com and http://www.anythingbrandsonline.com for products and services offered on an unbundled basis for those that can benefit from any part of the Anything Brands Online total solution offered. Their Anything Green Online, a division under development. See http://www.anythinggreenonline.com
For more information contact Investor Relations at Anything Brands Online (http://www.anythingbrandsonline.com) or call 520-742-1890.

