ECEC news out late in day. Full of fluff and the now common stock symbol list of established companies.
Where's the beef?
biz.yahoo.com
Tuesday April 20, 3:45 pm Eastern Time
Company Press Release
eCom eCom.com Ad Campaign Creating Heavy
Volume for Web Site
New Servers Purchased
RIVIERA BEACH, Fla.--(BUSINESS WIRE)--April 20, 1999--eCom
eCom.com, Inc. (OTC BB:ECEC) announced today that its Internet advertising
campaign promoting the ECEC Trading Club April 29, 1999 grand opening has paid
immediate dividends.
''We are only in the initial phase of advertising on Yahoo (Nasdaq:YHOO - news), Lycos (Nasdaq:LCOS - news),
Excite (Nasdaq:XCIT - news), AltaVista, the Doubleclick network (Nasdaq:DCLK - news) and other online venues.
The response to the Trading Club has been overwhelming,'' said CEO David J. Panaia. ''Thousands of people are
visiting our auction website (www.ecomecom.com), discovering our unique membership concept, listing auction items
and registering for the $10,000 grand prize.'' Details of the grand prize cash drawing and other prizes offered can be
found on the web site.
On Saturday, April 17, due to heavy response to ECEC Trading Club's marketing campaign, auction site visitors
experienced slow web site access speeds and web server timeouts. ''We are aware that the heavy traffic is testing our
current system,'' said CEO Panaia. ''We have purchased new servers that will go online before our April 29 grand
opening. The new equipment, provided by AIT, gives us the server technology and Internet connectivity we need to
maximize redundancy, fault tolerance and load balancing.'' AIT is Advanced Internet Technologies, Inc., the nation's
largest privately-held hosting company with over 45,000 active Internet domains.
The ECEC Trading Club charges a $36 annual seller fee to sell an unlimited number of items through ECEC's auction -
a more consumer-friendly approach - while eBay (Nasdaq:EBAY - news) and Amazon.com (Nasdaq:AMZN - news)
charge their members listing and value-based transaction fees for every item auctioned. ''We firmly believe that we can
operate profitably without charging these fees,'' stated CEO Panaia. The $36 annual seller fee has been waived to
celebrate the grand opening.
ECEC invites all eBay and Amazon users to take advantage of the Trading Club membership fee concept. Panaia
believes that consumers deserve viable options. ''Consumers have always demanded quality products and services at a
fair price. I am confident that these same principles will be applied to electronic commerce. ECEC is positioned well in
this enormous market.''
About eCom eCom.com, Inc.
eCom eCom.com, Inc. develops Internet e-commerce enterprises. The company is the parent of the ECEC Trading
Club which is carving its niche in an Internet auction industry that has been projected to reach $52 billion in sales by
2002.
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Actual events or results may differ materially from those discussed in such forward-looking
statements.
Contact:
eCom eCom.com Inc, Riviera Beach
David J. Panaia, CEO, 561/622-4395
e-mail: dave@usas.com |
