Monday October 25, 10:44 am Eastern Time
Company Press Release
SyCoNet.com Retains Law Firm of Manatt, Phelps, & Phillips to Oversee Licensing Agreements
MANASSAS, Va.--(BUSINESS WIRE)--Oct. 25, 1999-- SyCoNet.com, Inc. (OTC BB: SYCD), the leading U.S. distributor of Anime (Japanese animated) videos and DVDs, today announced that it has retained the internationally recognized law firm of Manatt, Phelps, & Phillips, LLP to oversee all legal matters regarding the Company's licensing agreements.
``Due to the high volume of licensing opportunities rapidly becoming available to us, we were prompted to retain a team of expert attorneys to ensure all proper legalities are met moving forward. We are extremely pleased to retain the prestigious services of Attorneys at Law Manatt, Phelps & Phillips and are confident their services will greatly enhance our business transactions,' stated Chief Executive Officer of SyCoNet.com Sy Picon.
Manatt, Phelps, & Phillips maintains offices across the United States including Los Angeles, CA, Washington, D.C., and Nashville, TN. Manatt, Phelps, & Phillips is widely recognized for its experience in corporate, intellectual property, and entertainment law among other areas of law. The firm represents MGM Entertainment, the Estate of Elvis Presley, the Diana, Princess of Wales Memorial Fund, and other high profile clients such as Cher, the rock group Metallica, and the country singing sensation The Dixie Chics. For more information on Manatt, Phelps, & Phillips services, visit www.manatt.com.
SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime Japanese animated movies, including the enormously popular Pokemon(r) video series, 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.
This press release contains forward-looking statements. 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 by the Company in reports and releases.
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Contact:
SyCoNet.com
Sy Picon
Chief Executive Officer
703-366-3900
admin@altvidwar.com
or
OTC Financial Network
Geoffrey Eiten
877-663-0266/781-444-6100 ext. 13
geiten@otcfn.com
Also see www.otcfn.com/sycd
www.altvidwar.com
and
www.sycodistribution.com
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More Quotes and News: Syconet.com Inc (OTC BB:SYCD.OB - news)
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