News for SYCD:
(COMTEX) B: SyCoNet.com Retail Division Expands Product Offering With
B: SyCoNet.com Retail Division Expands Product Offering With Leading Japanese
Anime Toy Line
MANASSAS, Va., Sep 28, 1999 (BUSINESS WIRE) -- SyCoNet.com, Inc. (OTC
BB:SYCD), the leading U.S. distributor of Anime (Japanese animated)
videos and DVDs, today announced that it has expanded its retail
product line to include the widely popular Record of Loduss War(r) toy
line direct from Japan.
SyCoNet.com will add one of the most highly sought after Anime action
figures, Record of Loduss War(r), whose cost quantities are extremely
limited. SyCoNet.com will market the toys on its retail division
website, www.altvidwar.com, and should be available for purchase within
the next 10 days.
The characters have a strong following among Anime fans. Several movies
featuring Record of Loduss War(r) have been presented repeatedly on the
Science Fiction television channel in the United States. A television
series based on the character, currently being shown in Japan, is set
to air in the U.S. before the end of the summer next year.
Chief executive officer Sy Picon commented, "The addition of Record of
Loduss War(r) should contribute significantly to our top line growth.
Due to the limited quantities available, combined with plans to launch
the television series in the U.S., we expect demand for the toy to
rapidly increase. We are poised to be one of first companies to
capitalize on this anticipated trend."
SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime
Japanese animated movies, including the enormously popular Pokemon(r)
video series, live action cult films, multimedia games and software,
DVDs, CDs, toys, apparel, and related merchandise to over 1,000
wholesale and retail accounts nationwide through two high-traffic
websites, a catalog, and direct sales campaigns. For more information
on purchasing the Internet's lowest priced Anime videos, see
www.altvidwar.com.
Forward-looking statements in this release are made pursuant to the
"safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that such forward-looking
statements involve risk and uncertainties, including without
limitation, continued acceptance of the Company's products, increased
levels of competition for the Company, new products and technological
changes, the Company's dependence on third-party suppliers,
intellectual property rights, and other risks detailed from time to
time in the Company's periodic reports filed with the Securities and
Exchange Commission.
Also see www.otcfn.com/sycd, www.altvidwar.com, and
www.sycodistribution.com
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: SyCoNet.com OTC Financial Network
Sy Picon Geoffrey Eiten
703-366-3900 877-663-0266/781-444-6100 ext. 13
admin@altvidwar.com geiten@otcfn.com
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