NEWS
MANASSAS, Va.--(BUSINESS WIRE)--Sept. 1, 1999--As part of its
ongoing growth and expansion plan, PACEL Corp. (NASD, OTC BB, PLRP)
today went on-line with its new E-BUSINESS-STOR.COM (EBStor.com) which
provides a number of internet services, including web page, e-commerce
and database design, maintenance and hosting.
The company has increased the number of current personnel for 15
to 30 and expanded into an additional 4,100 square feet of office
space to accommodate the increased business activities and activities
expected to be generated by EBStor.com.
Launched as a natural offshoot of its parent company, EBStor.com
will concentrate its efforts on the Internet commerce and services
arena. F. Kay Calkins, a Director and Secretary-Treasurer of PACEL
Corp., is President of E-Business-Stor.com, Inc., which was
incorporated in the state of Virginia as a subsidiary of PACEL.
"EBStor.com is up and running as of today," said Ms. Calkins. "In
the months leading up to today's launch, we negotiated web partnering
agreements with a select group of clients who wish to develop
e-commerce capabilities while mitigating their time requirements and
up-front consulting and design costs. For these partners, we provide
full e-commerce design from web page to database design, as well as
assistance in domain registration, merchant account setup, fulfillment
house contracting and search engine listing. These services are
provided for a minimum development fee along with a negotiated
percentage of the sales generated by the site."
A number of web contracts were obtained via PACEL Corp. during
the pre-startup phase of EBStor.com.
They include The Morton Downey Jr. Web Show, focusing on the Hall
of Fame talk show personality; New York City's world-famous Feast of
San Gennaro, which debuts this week at www.sangennaro.org; and
international singing star Enrico Macias, who begins a world concert
tour on behalf of the United Nations' Refugee program October 24, 1999
at Avery Fisher Hall in New York City, and ISO Registered, which
debuted this week at www.isoregistered.com.
Also, several other sites are in the works for later this year.
Ebstor.com has also contracted with PACEL to provide the internet
database design and maintenance serviced for their Childwatch software
program, designed in conjunction with Childwatch of North America, a
not-for-profit organization established to find and assist missing and
exploited children. Details of this program are expected to be
announced in late November.
PACEL is launching EBStor.com to provide better service to those
manufacturers and developers who are anxious to take advantage of the
new channels for distribution of their products offered by the
burgeoning e-commerce industry.
"We have the experience and know-how to provide customers with
the professional services to help them take advantage of Internet
marketing," says Kay Calkins. "On-line retail is forecast to generate
more than $36-billion in U.S. revenues in 1999. Right now it is
estimated that 38% of the population who have Internet access has
shopped on-line 71% of them making purchases. We have reviewed the
strategies of the top ten Internet companies and have adapted those
which are appropriate to our organizational needs."
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 risks and uncertain ties, including without limitation,
continued acceptance of the company's products, competition, new
products and technological changes, intellectual property rights and
other risks.
For more information, please visit our website at www.pacel.com.
--30--RV/ph*
CONTACT: PACEL Corp.
by
L.S.Public Relations, Inc.
Les Schecter, 212/586-2600
Fax: 212/586-2990
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