Friday, February 6, 2009

(OTC:BANI) Banneker, Inc.

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Banneker, Inc. Addresses Questions Concerning 12-1 Forward Split

(OTC:BANI) Banneker, Inc.

Banneker, Inc. Addresses Questions Concerning 12-1 Forward Split

Thursday February 5, 4:26 pm ET

DENVER, CO-Feb 5, 2009 - Mr. Derrick Holmes, CEO, Banneker, Inc. , addresses questions concerning the 12-1 forward split.

It has come to our attention that over the past few days some investors of Banneker, Inc. are confused as to when the actual split takes place. All shareholders on record as of the close of the market day Friday, February 6, 2009 will be eligible for the 12 shares for every one share owned. We hope this statement will address those concerns.

About Banneker, Inc.:

Banneker, Inc. is a manufacturer and distributor of quality watches and fine jewelry based on the legend of Benjamin Banneker. Esteem Enterprises, a wholly owned subsidiary of Banneker, Inc., teamed with Jostens, Inc. and created the first ever urban line of graduation jewelry and class rings for High School and College students.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligations to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact:

Contact: Banneker, Inc. Email Contact   Source: Banneker, Inc.

Profile for Banneker, Inc.

Banneker, Inc. manufactures and designs watches. The company was incorporated in 2005 and is based in Denver, Colorado.

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