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To: CIMA who wrote (14106)11/12/1999 10:25:00 AM
From: Due Diligence  Read Replies (2) | Respond to of 150070
 
SYCD news:

(BSNS WIRE) SyCoNet.com to Advertise Its Retail Website animedepot.com O
SyCoNet.com to Advertise Its Retail Website animedepot.com On USA Networks
Interactive's SCIFI.COM


Business/Technology Editors

MANASSAS, Va.--(BUSINESS WIRE)--Nov. 12, 1999--SyCoNet.com, Inc.
(OTC BB:SYCD), the leading U.S. distributor of Anime (Japanese
animated) videos and DVDs, today announced that its retail website,
www.animedepot.com, will be advertised on USA Networks Interactive's
SCIFI.COM.
SyCoNet.com has signed an agreement with USA Networks Interactive
to begin an extensive year-long advertising campaign on its SCIFI.COM,
the award-winning website for the SCI FI Channel. The campaign will
promote SyCoNet.com's newly revamped website www.animedepot.com and
will be launched on December 1, 1999.
Chief Executive Officer of SyCoNet.com Sy Picon stated, "We are
very excited to establish a strong advertising relationship with one
of the most visible sites on the Web. The SCI FI Channel was one of
the first national cable television networks to recognize the
potential of Anime when it began showing Anime programming regularly
on Saturdays and Sundays."
Picon continued, "SCIFI.COM is heavily visited by a large number
of Anime fans and the potential crossover audience is huge. We expect
to significantly boost our exposure to new and existing Anime
customers," stated Sy Picon.
The Company's www.animedepot.com site will open on November 15,
1999.
SCIFI.COM is a division of USA Networks Interactive, a USA
Company (NASDAQ:USAI), which fulfills a variety of commerce,
information, and entertainment needs for its wired audience. SCIFI.COM
(www.SCIFI.COM), a 1998 "People's Choice" Webby Award winner, is the
official website of the SCI FI Channel and has been lauded as the top
online sci-fi destination since its debut in 1995. Dedicated to the
vast spectrum of science fiction, science fact, fantasy, horror, the
paranormal and the unknown, SCIFI.COM features original entertainment,
daily news, feature stories, games and ground-breaking special events.
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


--30--gk/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
or
SCIFI.COM
Lana Kim
212-413-5159
lkim@usanetworks.com

KEYWORD: VIRGINIA
INDUSTRY KEYWORD: INTERNET E-COMMERCE ENTERTAINMENT

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