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To: Matt Brown who wrote (2854)	8/6/1999 10:09:00 AM
From: Jorjenzak	Respond to of 5041

eConnect States That E Designation After Symbol Is Not Correct Business Wire - August 06, 1999 09:56 LOS ANGELES--(BUSINESS WIRE)--Aug. 6, 1999--eConnect (OTC BB:ECNC), fully reporting, stated that all filings are current. eConnect further stated that the E designation after its stock symbol is not correct. "We learned about this on Tuesday. Yesterday, we were able to reach an official who agreed that we are indeed on a calendar year now and no longer on a fiscal calendar. Our 10Q is scheduled for filing early next week," stated Thomas S. Hughes, chairman and chief executive officer of eConnect.