To: MMM Mule who wrote (8643 ) 11/4/1999 1:00:00 PM From: Spark Respond to of 19297
VROOOOM!!!! VROOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM!!!!!!!!!!!!!!!!! MANASSAS, Va.--(BUSINESS WIRE)--Nov. 4, 1999--SyCoNet.com, Inc. (OTC BB:SYCD), the leading U.S. distributor of Anime (Japanese animated) videos and DVDs, today announced it will open a premier e-commerce website www.animedepot.com on November 15 to meet the explosive demand for Anime products. The site was developed by a leading web development firm Impattix and utilizes enhanced graphics and state-of-the-art technology. Its opening on November 15 coincides with an advertising campaign being launched on the World Wrestling Federation's website, www.wwf.com, the number one sport-specific site and the third overall sport site most frequently visited on the Internet today. Chief executive officer of SyCoNet.com Sy Picon stated, "We have grown over 1,000% since our inception without any special promotions, with strategic advertising we expect phenomenal growth. The ad blitz we have planned, including the WWF, will give us exposure to over 20 million potential consumers. Advertising should draw significant numbers to www.animedepot.com and in turn boost our current buyrate of 10% (one sale for every 10 hits)." Sy Picon continued, "The experts at Impattix have created the perfect vehicle to meet the expodential growth in our e-commerce sales. We expect the site will ramp up annual revenue to between $2.5 and $5.0 million." SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime Japanese animated movies, including the Pokemon(r) video series, multimedia games and software, DVDs, CDs, toys, apparel, and related merchandise to over 1,000 wholesale and retail accounts nationwide through two high-traffic websites, a catalog, and direct sales campaigns. For more information on purchasing the Internet's lowest priced Anime videos, see www.altvidwar.com. This press release contains forward-looking statements. 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 by the Company in reports and releases. Also see www.otcfn.com/sycd, www.altvidwar.com, and www.sycodistribution.com --30--sg/bos* CONTACT: SyCoNet.com Sy Picon, 703-366-3900 admin@altvidwar.com or OTC Financial Network Geoffrey Eiten, 877-663-0266/781-444-6100 ext. 13 geiten@otcfn.com