SYCD is rebounding from its most recent dip. More good news this morning. This company is for real.
<<
--------------------------------------------------------------------------------
Related Quotes
SYCD.OB
1 7/8
+1/4
delayed 20 mins - disclaimer
Thursday December 2, 9:59 am Eastern Time
Company Press Release
SyCoNet.com Announces Exclusive Distribution in Caribbean
MANASSAS, Va.--(BUSINESS WIRE)--Dec. 2, 1999--SyCoNet.com, Inc. (OTC BB:SYCD), the leading U.S. distributor of Anime (Japanese animated) videos and DVDs, today announced that it has established an exclusive distribution network in the Caribbean.
SyCoNet.com has established an exclusive relationship with Anime Mayhem Enterprises, a leading video distributor on the island of Barbados in the Caribbean, to be the sole distributor of the entire Anime video product line.
Anime Mayhem's Chief Executive Officer Stephen R. Johnson stated, ``The introduction of the Cartoon Network and Pokemon through cable television has created an enormous demand for Anime video in the Caribbean. Despite the increasing popularity of Anime products in Barbados and the surrounding areas, the availability of Anime video is surprisingly low.'
Johnson continued, ``We are thrilled to join forces with the premier distributor of Anime products SyCoNet.com, which will guarantee us access to the latest Anime videos and products to meet this explosive demand.'
SyCoNet.com's Chief Executive Officer Sy Picon commented, ``We are extremely pleased to represent our products in the Caribbean through our alliance with the leading video distributor Anime Mayhem. We remain committed to expanding our horizons to penetrate the most profitable markets.'
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.animedepot.com and 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.
--------------------------------------------------------------------------------
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 |
