Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we? -- Ignore unavailable to you. Want to Upgrade?

To: patwrk who wrote (2980)	7/26/1999 1:35:00 PM
From: lost a mint	Read Replies (1) \| Respond to of 3171

PLRP News! Monday July 26, 1:08 pm Eastern Time Company Press Release Pacel Corp. Announces Expansion Plans MANASSAS, Va.--(BUSINESS WIRE)--July 26, 1999--Pacel Corp. (NASDAQ, OTC BB:PLRP) today signed a lease to double office space at it's headquarters, 8870 Rixlew Lane, in Manassas, VA, from 4,100 square feet to 8,200 square feet as of September 1, 1999, as part of a major expansion plan that will also increase the number of current personnel from 15 to 30 by the end of Summer. Just three months ago, Pacel had six full-time employees. The decision to expand was made to accommodate increased business opportunities and activities. The new area will be home to a team of programmers, web and database developers, technicians, additional sales force and supervisory personnel responsible for E-business-stor.com Inc. (EBS), Pacel's rapidly growing internet business which provides e-commerce consulting and development, designs hosts and maintains web sites and offers software and hardware for business needs. ''This is just another step in our continuing growth process,'' said David Calkins, President of Pacel Corp. ''EBS will be a portal for high prestige companies to offer their products and services, giving users the opportunities to shop, compare and order a variety of items On-Line, within a secure environment.'' Within the past two weeks, the company launched The Morton Downey, Jr. Web Show at www. mortondowneyjr.net and there are early indications that the web site will be a huge success. Calkins indicated that Pacel was ''close'' to finalizing deals to launch other high visibility, income-producing web sites in the near future that could triple the company's revenue stream. Pacel Corp. was founded in 1994 as a software development and systems integration company 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 provided the ability to develop and use electronic documents that are involved in the day to day operations of any business. Pacel Corp. provides high-value technology solutions allowing clients to enter the new century with the highest level of productivity and capability. These solutions enable companies to capitalize on rapidly changing opportunities within their global market place. 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, continuing acceptance of the company's products, new products, and technological changes, intellectual property rights and other risks. For more information, please visit the Pacel Corp. website at www.pacel.com Contact: PACEL by L.S., Public Relations, Inc. Les Schecter, 212/586-2600