More SYCD news:
June 7, 1999 09:07 AM
MANASSAS, Va.--(BUSINESS WIRE)--June 7, 1999--SyCoNet.com, Inc. SYCD ,
the leading U.S. distributor of Anime (Japanese animated) videos and
DVDs, today announced that it recently began marketing the 200 best
selling Pokemon toys and ancillary products through a distribution
agreement with the manufacturer in Japan.
"As one of just a few U.S. firms selected to directly import these
extremely popular toys, SyCoNet.com has the significant opportunity to
capture dominant market share since we sell the products at a
considerable discount to most distributors," explained Sy Picon, chief
executive officer at the Company.
Today's announcement follows last week's news regarding SyCoNet.com's
distribution agreement with Pioneer Electronic Corp. PIO for the Pokemon
video and DVD series.
The Company is selling a broad array of Pokemon items, including stuffed
animals marketed under the name plushies, backpacks, and pocket toys.
The Company distributes the product line to retailers and expects to
begin marketing the items direct to consumers in August 1999.
SyCoNet.com, Inc. distributes Anime (Japanese animated) movies, live
action cult films, multimedia games and software, DVDs, CDs, toys,
apparel, and related merchandise to retail and consumer markets
nationwide through two high-traffic websites, a catalog, and direct
sales campaigns.
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 |
