SI
SI
discoversearch

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.
Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: herry iball who wrote (12967)7/29/1999 11:37:00 AM
From: vagabond  Read Replies (1) | Respond to of 108040
 
Here's that SYCD release, since the previous post's link didn't work. Good to see at least SOME news on this stock, although the numbers aren't really very big in this context...

Vagabond
===================
Thursday July 29, 11:01 am Eastern Time
Company Press Release
SyCoNet.com Retail Division Sales Soar At Otakon and DragonCon Conventions
MANASSAS, Va.--(BUSINESS WIRE)--July 29, 1999--SyCoNet.com, Inc., (OTC BB:SYCD), the leading U.S. distributor of Anime (Japanese animated) videos and DVDs, today announced that sales of its retail division, Alternative Video Warehouse, were up substantially at the recent Otakon and DragonCon conventions.

SyCoNet.com's retail division, Alternative Video Warehouse, attended the DragonCon convention in Atlanta and the Otakon convention in Baltimore during July 1st through July 4th. Between the two conventions, the subsidiary sold from $75,000 to $80,000 worth of products, an increase of 30% over last year's participation.

''We are extremely pleased at our sales figures at these past two conferences. SyCoNet.com continues to be on track in its strategy to increase sales and exposure of its retail division. The increase in sales at the DragonCon and Okaton conventions is further testament that demand for our Anime product is growing at a rapid pace,'' said Sy Picon, chief executive officer of SyCoNet.com.

Alternative Video Warehouse will participate in roughly 25 conventions nationwide during 1999. For more information on purchasing the Internet's lowest priced Anime videos, see www.altvidwar.com.

SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime Japanese animated movies, live action cult films, multimedia games and software, DVDs, CDs, toys, apparel, and related merchandise to retail and consumer markets nationwide through two high-traffic websites, a catalog, and direct sales campaigns.

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 risk and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

Also see www.otcfn.com/sycd, www.altvidwar.com, and www.sycodistribution.com

--------------------------------------------------------------------------------
Contact:

SyCoNet.com OTC Financial Network
Sy Picon Geoffrey Eiten
703-366-3900 877-663-0266 / 781-444-6100 ext. 13
admin@altvidwar.com geiten@otcfn.com