To: UBIGMESMALL who wrote (108223 ) 11/8/1999 1:23:00 PM From: Val77 Read Replies (1) | Respond to of 119973
SYCD GOOD NEWS: Related Quotes SYCD.OB 2 11/16 -1/16 delayed 20 mins - disclaimer Monday November 8, 12:11 pm Eastern Time Company Press Release SyCoNet.com Retail Division Sales Soar 300% At Neko-Con MANASSAS, Va.--(BUSINESS WIRE)--Nov. 8, 1999--SyCoNet.com, Inc. (OTC BB:SYCD), a leading U.S. distributor of Anime (Japanese animated) videos and DVDs, today announced that sales of its retail division Alternative Video Warehouse rose an impressive 300% over last year's participation at the Neko-Con convention. The Neko-Con convention was held November 5th - 7th in Virginia Beach, VA. SyCoNet.com's Chief Executive Officer Sy Picon commented, ``We are excited by our retail division's phenomenal sales at Neko-Con. This is the last convention in a series of over 20 Anime conventions we attended this year. We are extremely pleased to report that attendance and revenues grew at an astounding rate at every convention.' Picon continued, ``We accomplished our goals thus far by expanding revenues, creating greater exposure for our website, and positioning ourselves as the leading provider of Anime videos. We continue to build a loyal customer base, which is edging out nearly all the competition for Anime video sales. Our tremendous selection, great pricing, and strong recognition among fans, along with the ability to attract new fans at a record levels, give us our competitive edge.' The Anime convention season will begin again in February 2000 with Katsu-Con in Crystal City, Virginia. SyCoNet will attend 20 conventions nationwide throughout next year. Picon added, ``A huge number of pre-registrations for next year's conventions indicate our video sales are likely to continue an explosive growth trend.' SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime (Japanese animated) movies, including the enormously popular 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. 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