PACEL Corp Announces the Formation of an Internet E-Commerce site: www.e-business-stor.com Business Portal to Technology in the 21st Century
Business Wire - March 10, 1999 11:00
MANASSAS, Va.--(BUSINESS WIRE)--March 10, 1999--PACEL Corp. (NASD OTC BB: PLRP) announced today the polanned formation of an internet E-Commerce company site: www.e-business-stor.com to expand sales and distribution of PACEL hardware and software products.
PACEL Corp. will also incorporate products and services of two other pending acquisitions now in the due diligence phase. The site will be developed as an electronic portal for businesses to obtain direct on-line consulting services for determining their actual needs and methods available to meet them, as well as, the actual purchase of software and equipment.
The site will provide small and medium sized businesses a way to access and utilize the same technology for technical competency evaluations used by the fortune 500 companies in accessing their future technology needs, at much lower rates, by capitalizing on proven technology and talent.
Network engineers, software engineers and systems analysts will answer client questions, design custom systems, and provide the training and technical support to operate them.
PACEL Corp. will capitalize on it's own expertise, the expertise of the pending acquisitions, and the network of expertise it will identify and manage as a pool of "just in time" resources that are available when required to satisfy the needs of the clients.
This portal will provide PACEL with the ability to service the needs of businesses utilizing today's emerging electronic technologies to help our clients create and sustain their competitive advantage within their chosen market place well into the 21st Century.
PACEL Corp. has a number of proprietary business software products that have been developed or are offered in conjunction with our partners. We are an authorized reseller for IBM, Microsoft, and other computer suppliers, both software and hardware.
As stated above, PACEL Corp. is in the final stages of negotiations to purchase two additional companies that manufacture computer hardware, do software development and systems integration, and provide Internet capability.
Whether Internet or Intranet, PACEL can help with design, layout, marketing, and hosting. The addition of these companies will greatly enhance the overall capabilities and products of PACEL Corp. and will provide a sound basis for the www.e-business-stor.com business portal to the 21st century.
ABOUT THE COMPANY
PACEL Corp. is a software development & systems integration company located in Manassas, VA specializing in providing software products that improve business flow processes (order entry, inventory management, personnel management maintenance, etc).
PACEL's Power Smart(TM) Self Aware(TM) software systems provide the ability to use electronic documents that are involved in the day to day operations of any business. PACEL software provides personnel a powerful tool "Visual Writer System(TM)," a Self-Aware(TM) software that enables them to create Interactive electronic documents (NO Programming Required).
PACEL understands that these new electronic documents must fit seamlessly into the existing environment so that paper, legacy data and previous platforms are not left out. Yet the programs must still have a dramatically positive impact on corporate profitability.
Therefore, the ability to provide a complete solution including the hardware, and software systems, and integration of those systems with legacy programs is an integral part of the company's long-term strategy.
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 risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.
CONTACT: PACEL
PMR and Associates
Patrick M. Rost, Investor Relations,
760/635-8695
email: pmrandco@aol.com
or
www.pacel.com
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