MGCN news release: Tuesday June 1, 7:04 am Eastern Time
Company Press Release
MegaChain.com New CFO Has MLM Expertise
VANCOUVER, British Columbia--(BUSINESS WIRE)--June 1 , 1999--Tom Lavin,
president of MegaChain.com, Ltd., announced today that the Company has engaged Mr. Mark Weston, C.A., as Chief
Financial Officer. Mr. Weston's extensive background includes nine years of public practice experience with noted
international accounting firm, PricewaterhouseCoopers. His tenure included four years in Audit and Information System
Risk Management and three years as a tax consultant to a variety of top tier clients.
Mr. Weston also consulted on accounting and taxation issues for an international MLM company with revenues in excess
of $100 MIL. He was quoted as saying, ''My familiarity with information systems risk management and international
multi-level marketing seems to compliment MegaChain's unique approach to multi-level marketing on the Internet. I feel
MegaChain's product has virtually unlimited potential in the field of on-line marketing which is itself, experiencing
exponential growth. I view this opportunity as a welcome challenge and look forward to a long and creatively rewarding
relationship with this young, energetic company.''
Mr. Lavin went on to state that MegaChain has also hired Vlad Mayzel as Manager of Information Systems and Edita
Sakarova as General Administrator. Mr. Mazel, formerly of the Ukraine, has a Masters Degree in Computer Science and
extensive programming experience. He will assist Radiate.net of San Francisco with MegaChain web functionality and
maintenance. Ms. Sakarova, a former employee of high tech company, Cyberoad.com (OTC/FUNN), brings with her
substantial experience in administrating web based business transactions.
Mr. Lavin added ''MegaChain is at present, experiencing a period of rapid growth. We're pleased to have been able to
convince individuals of this caliber to join our team, share our corporate vision and help us realize our goals.''
MegaChain.com conducts its business internationally via the Internet. The Company's corporate offices are located at 34
West 8th Avenue, Vancouver, British Columbia, Canada V5Y 1M7, telephone 604 873-3388, fax 604 873-0674.
MegaChain.com is traded on the OTC Electronic Bulletin Board under the symbol ''MGCN''. For further information
contact Tom Lavin at 604 873-3388, email; tlavin@axion.net.
Cautionary Statement Under 'Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995:
Statements made in this fact sheet contain information about the Company's future business prospects. These statements
may be considered ''forward looking'' and are subject to risks and uncertainties that could cause actual results to differ
materially from those set forth or implied by such forward looking statements.
Contact:
MegaChain.com, Vancouver
Tom Lavin, 604/873-3388
Email: tlavin@axion.net |
