Victor Nee, Ph.D. Joins Adatom's Board
MILPITAS, Calif.--(BUSINESS WIRE)--March 29, 2000--Adatom.com, Inc. (Nasdaq:ADTM), an Internet superstore and e-commerce enabler, today announced that the Company has appointed Dr. Victor W. Nee, to sit on Adatom's Board of Directors. Dr. Nee holds a B.S. degree in Civil Engineering from The National Taiwan University and a Ph.D. in Fluid Mechanics from John Hopkins University.
Dr. Nee holds 52 patents in the U.S. and Taiwan, has been a Professor of Fluid Mechanics in the Department of Aerospace and Mechanical Engineering at the University of Notre Dame since 1973, and is advisor and consultant to over 20 U.S. and Chinese businesses. Dr. Nee also currently serves as an advisor to The University of Electronic Science and Technology of China; Beijing Orient Electronic Group; Ministry of Petroleum, Research Institute in Tanggu, China; and Central Iron and Steel Research Institute in Beijing, China.
Victor Nee is currently a reviewer for known publications including U.S. National Science Foundation, National Research Council, Journal of Fluid Mechanics, Applied Mechanics Review, International Journal of Heat and Mass Transfer, The American Society of Mechanical Engineers and The American Institute of Chemical Engineers.
Commenting on Dr. Nee's appointment, CEO Richard S. Barton, states, "Dr. Nee's experience and relationships provide Adatom with tremendous resources in executing the Company's Electronic Marketplace with China." Continuing, Barton Added, "Dr. Nee's acceptance to our board, further demonstrates the scope and prestige associated with our recent partnership with the China Product Trade Center (CPTNC), a joint venture to form a U.S.-China electronic marketplace. We are excited to have a person of Victor Nee's experience, expertise and reputation to support the Company as it moves toward becoming a leader in the e-commerce market."
About Adatom.com, Inc.
Adatom.com is a fast growing e-commerce company. By leveraging its proprietary e-commerce infrastructure and efficient distribution system, the Company reaches both the business-to-business market with E-Commerce Solution Program (ESP) and the business-to-consumer market with its Internet superstore, www.adatom.com. Benefits from both its business-to-business and business-to-consumer capabilities provide price savings and increased customer service for consumers. Adatom.com offers a comprehensive product mix of name brand products for the individual, the home, and the office in 29 product categories. Recently, the Company signed an exclusive joint venture agreement with the China Product Trade Net Center (CPTNC). The scope of this agreement includes the establishment of an electronic business-to-business and business-to-consumer marketing, selling and distribution system accessible in both Chinese and English with back-end factory quality and level of service standards.
Statements in this news release that are not descriptions of historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expect", "intends", "believes", "plan", "anticipates", and "likely" also identify forward-looking statements. All forward looking statements are based on current facts and analyses. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to, history of operating losses, anticipated future losses, competition, future capital needs, the need for market acceptance, dependence upon third parties, disruption of vital infrastructure and intellectual property rights. All forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission. The Company refers readers particularly to the Registration Statement on Form S-4 of HealthCore Medical Solutions, Inc. (File No. 333-87207) filed with the Securities and Exchange Commission on (September 16, 1999). The Company recently merged with HealthCore.
CONTACT:
Adatom.com, Inc., Milpitas
Michael M. Wheeler, Controller, 408/935-7979
or
Continental Capital & Equity Corporation, Longwood, FL
Michael H. Irving, 407/682-2001
irv@insidewallstreet.com
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