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Microcap & Penny Stocks : INFE ... Infocall another Sleeper

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To: bob sims who wrote (10309)2/25/2000 6:42:00 PM
From: E'Lane   of 10343
 
INFe.com to Return to Bulletin Board;Company Opens New Operations in Colorado and Tennessee


TYSONS CORNER, Va., Feb. 14 /PRNewswire/ -- INFe.com (OTC Bulletin Board: INFE), an Internet Infrastructure consulting company specializing in reverse mergers into existing public companies, announced today that it has received its notice from the Securities and Exchange Commission that its filing has been approved with no comment and the Company expects to be back on the Bulletin Board at the end of February.

"We are pleased to make this announcement formally because many of our shareholders have been anxiously waiting for this news" commented Tom Richfield, CEO of INFe.com. "This represents the beginning of a new chapter in the future of our Company. We are planning to make the year 2000 the start of many new accomplishments for INFe.com."

The Company has announced it has opened an office in Colorado Springs, Colorado as the Headquarters of its INFe-Technologies operations and has hired Eric R. Majors as a Vice President to manage this group. Mr. Majors is a graduate of the University of Colorado in Electrical Engineering and is a Registered Financial Advisor. His experience includes engineering positions with MCI WorldCom and Catalina Research Incorporated as well as an extensive background in finance and investment management. INFe-Technologies provides technology valuation services, web site design integration, and Internet based software development and consulting.

The Company also announced it has opened operations in the Nashville, Tennessee area. This is a multi-functional operation and will serve both INFe.com and its wholly owned subsidiary, IT*CareerNET.com, Inc. located on the web at www.itcareernet.com. The Nashville IT*CareerNET operation is designed to be the Company's first "recruiting hub" location where most of the technical candidate screening operations for the eastern half of the U.S. will take place. It will also function as a source of new clients both for the IT*CareerNET and INFe.com. This operation is managed by Tyler McCain and Jeff Richfield both who have joined the company as regional Vice Presidents. Both Mr. McCain and Mr. Richfield have extensive marketing and operations experience and are expected to manage the recruiting operations of the IT*CareerNET.

The Company announced it has future plans to open a West Coast office in the Los Angeles area as soon as its other operations are established. These new operations are expected to support the many new contracts the Company has signed for recruiting and human resource services.

For more information visit INFe.com's web site at www.infe.com or call Capital Media Group -- Broker and Investor Relations: 800-437-3551. For more information on Electra Capital, call 212-247-4447.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Infocall Communications Corp. and INFe.com disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.

SOURCE INFe.com

CO: INFe.com; IT*CareerNET.com; Securities and Exchange Commission

ST: Virginia, Colorado, Tennessee

IN: CPR

SU: PDT PER

02/14/2000 11:01 EST prnewswire.com
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