To: ChrisJP who wrote (3049 ) 4/17/2000 1:47:00 PM From: Tadsamillionaire Read Replies (1) | Respond to of 3171
PLRP news PLRP.OB 0.375000 +0.031250 delayed 20 mins - disclaimer Monday April 17, 7:01 am Eastern Time Company Press Release PACEL Corp. Fully Compliant OTCBB Web Site in Error MANASSAS, Va.--(BUSINESS WIRE)--April 17, 2000--The WWW.OTCBB.COM listing of PACEL Corp (OTCBB:PLRP - news) incorrectly stated that the company would receive an (e) listing as of 4/14/00. PACEL Corp. a business software developer and provider of Internet solutions, announced today that it has been a fully reporting company since February 11, 2000 and is compliant with NASD Rule 6530. NASD mistakenly listed the company on the WWWW.OTCBB.COM web site, as being scheduled to receive an (e) listing on 4/14/00. Upon learning of the incorrect designation on the morning of 4/13/00, the company immediately notified the NASD Compliance Department of the apparent error and the listing was corrected by 2:00 p.m. the same day. The following note was appended to the listing: ``Note 2) Refer to D/L of 4/12/2000: PLRP and NETV are compliant with NASD Rule 6530 and will not have an 'E`` appended to their respective symbols eff 4/14/2000.' PACEL Corp sincerely thanks those investors that contacted the company and made us aware of the problem. PACEL is a software applications development and Internet company located approximately 30 miles outside of Washington D.C. in Manassas, Va. ``Safe Harbor' statement under the Private Securities Litigation Reform Act of 1995: Statements in this release regarding PACEL's business, which are not historical facts, are ``forward-looking statements' that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements in this release, see the ``Risk Factors' section of PACEL's registration statement filed with the SEC on November 24, 1999. -------------------------------------------------------------------------------- Contact: L.S. Public Relations Inc. Les Schecter, 212/588-2600