I wonder if Europeans care about American soccer.....
Subj: Peacock Expands Soccer to Europe Audience Via the...
Date: 3/6/00 7:22:59 AM Pacific Standard Time
Peacock Expands Soccer to Europe Audience Via the Internet; Company's DOTCOM Ventures Unit Teams With German Web Developer to Broadcast American Soccer Over the Internet
SAN JACINTO, Calif.--(BUSINESS WIRE)--March 6, 2000--Peacock Financial Corp. (OTCBB:PFCK) announced today that its wholly owned subsidiary, DOTCOM Ventures LLC has signed an Internet co-production agreement with Munich, Germany-based Cyware Media Inc. Under the agreement, Cyware Media will establish interactive Web sites to broadcast and market the Bay Area Seals and the Orange County Waves Professional, A-League Soccer Teams to European soccer enthusiasts.
"Cyware Media is a natural partner to take on the development and marketing of our soccer Web sites," says Alan D. Lewis, president and CEO of DOTCOM Ventures LLC. "Not only does Cyware Media have an excellent development and design team, they have deep ties and experience in working within the European soccer market. Cyware Media is rooted in the hottest soccer market in the world. They've produced high-end soccer Web sites including FC Bayern's Web site, a German soccer franchise at fcbayern.de."
The Peacock/DOTCOM management team sees real potential in the ever-growing U.S. professional soccer industry to expand its teams' presence into the global marketplace through the Internet. In addition to allowing fans to watch broadcasts of the Peacock teams' games, the Web sites will allow the hosting of on-line team player and management interviews, as well as offering fans access to team merchandise and memorabilia.
"This is the latest step in Peacock's strategy to develop our California soccer franchises by directly targeting the European soccer community. Our soccer teams will be exposed to a whole new fan base through the Internet," stated Steven R. Peacock, president and CEO of Peacock Financial Corporation. "While soccer is still a growing sport in the United States, it is an established, cultural tradition in Europe. We believe soccer fans from Europe and around the world will want to visit online our teams' sites at ocwaves.com and bayareaseals.com to follow the teams' players and watch their games."
Mr. Peacock further stated, "This project clearly demonstrates the level of involvement and support that Peacock's subsidiaries are providing each other, as well as, our unique ability to create value by utilizing each company's management talents with intimate knowledge of their respective markets."
About Peacock Financial Corp.
Peacock Financial Corporation is a venture capital fund that supplies significant managerial assistance to selected portfolio companies, assisting in their efforts to become successful, fully reporting companies, listed on various exchanges. Peacock takes a significant equity position and provides the Portfolio Company with management oversight, the funding necessary to successfully develop the company and execute its business plan. Peacock is registered with the SEC as a Business Development Corporation under the Investment Company Act of 1940 and currently holds investments in professional sports and the Internet. Peacock is also active in land development in and around the San Jacinto Valley, in western Riverside County, Calif.
Peacock's goal is to invest in and develop viable companies to maturity, and then take them public through either an initial public offering (IPO) or a reverse merger with an existing public shell. Peacock's strategy is to remain a minority shareholder after the portfolio companies have become publicly traded. Peacock will typically "spin-off" dividend shares of these companies to its shareholders. This way, Peacock shareholders can have access to shares in promising companies before they ever go public. More information about Peacock Financial can be found at peacockfinancial.com.
Safe-harbor statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of PFCK. Merger Communications (Merger) is a media relations firm employed by PFCK. Merger and PFCK believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. Merger Communications, its officers, directors and employees own 130,000 shares of PFCK common stock. Merger typically has a long position in the securities of the companies in which it distributes information, and Merger may be buying or selling securities in the course of its regular business. For more information on Merger's services, visit mergerusa.com.
CONTACT:
DOTCOM Ventures LLC
Alan D. Lewis, 619/572-6753
or
Merger Communications, Houston
David Drake, 713/572-2560 ext. 100 (Investors)
ddrake@mergerusa.com
or
Theresa Rasmussen, 713/572-2560 ext. 111 (Media)
trasmussen@mergerusa.com
or
Stock Enterprises
James Stock, 702/614-0003
jamestock@aol.com
or
National Financial Communications
Mario "Ike" Iacoviello, 800/878-9460
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