SYCD NEWS ... SyCoNet.com Appoints Chief Operating Officer to Head Expansion of E-Commerce Operations Business Editors & High Tech Writers MANASSAS, Va.--(BUSINESS WIRE)--Jan. 25, 2000--SyCoNet.com, Inc. (OTC BB: SYCD), the leading U.S. distributor of Anime (Japanese animated) videos and DVDs, has announced the appointment of Jean-Claude Geha as Executive Vice President and Chief Operating Officer. Geha will be responsible for providing end-to-end operational support for the Company with special focus on Product Development, E-Commerce, Information Technology, Web Development, Distribution, Networks, and Communications Services. He will play a central role in helping the Company achieve its growth objectives as it expands its products and services and builds its customer base. Geha has an extensive background in Internet strategies, operations, marketing, product development, and engineering. He also has had significant involvement and success in the development of strategic partnerships and joint ventures. Prior to joining SyCoNet.Com, Geha built the products and services unit for Apex Global Internet Services, Inc. and set the technology direction for that company, including the development of a highly successful "ISP in a Box" product. This product allows any company to become a virtual Internet Service Provider including a large number of value add services. His team changed the company from a traditional ISP to a full data services and managed applications provider. Previously, Geha worked for ten years in the fields of marketing, operations, and engineering at MCI Communications Corp., Inc., where he was a leading member of the team that launched InternetMCI services. He also was intimately involved with the creation of international data services for Concert, the Joint Venture of MCI Communications and British Telecom. Geha holds a Masters degree in Telecommunications Management from Southern Methodist University, Dallas and a BS degree in Electrical Engineering from the University of Maryland, College Park. SyCoNet.Com CEO Sy Picon said "We are honored to have Mr. Geha join our staff. With JC's experience and knowledge I am fully confident that we will be able to execute additional parts of our business plan on an expedient basis. Our direction is to create a host of new services that will align the interests of SyCoNet, our key partners, and their customers. JC will be involved in every aspect of the development of these new services and partnerships, and will oversee their implementation along with current operations. We will launch these services shortly and ensure they are fully supported by the company with outstanding service. This is one more step toward enhancing shareholder value and our ultimate goal of Nasdaq listing." SyCoNet.com, 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 7,500 wholesale and retail accounts nationwide through two high-traffic websites, a catalog, and direct sales campaigns. It also provides business-to-business e-commerce, distribution, and communications solutions. For more information on purchasing the Internet's lowest priced Anime videos, or 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. --30--LS/na* CONTACT: SyCoNet.Com Inc. Sy Picon, 703/366-3900 or 703/585-5232 CEO@syconet.com or Phil Jacobson, 703/366-3900 or 703/725-3243 phil@syconet.com or www.syconet.com www.animedepot.com www.altvidwar.com |