SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (8756)12/18/2001 10:21:13 AM
From: Sir Auric Goldfinger  Respond to of 19428
 
Just a little bit of back peddling?!: "E-City Software, Inc. Addresses Supplier Relationship with 2001-12-12 09:03 (New York)

Connexion by Boeing

Business Editors/Hi-Tech Writers

SEATTLE--(BUSINESS WIRE)--Dec. 12, 2001--In light of recent
developments E-City Software, Inc. (OTCBB:ECTY) feels compelled [somehow me thinks the Boeing lawyere compelled them, LOL]to clarify its relationship to Connexion By Boeing(SM).
E-City CEO Anis Jessa stated, "We have received a number of inquires regarding our relationship with Connexion by Boeing. We have licensed certain 3D CityMap products to Boeing. We have no present contractual relationship with Boeing.
We will keep the market advised as to any future developments."
E-City Software, Inc. (OTCBB:ECTY - news) is a developer of
interactive maps for cities around the world. E-City sells its
products to customers on the basis of both annual licensing fees and
revenue share arrangements. E-City distributes its products directly
to its customers, through arrangements with strategic partners and
through its network of distributors and value added resellers.
For more information about E-City Software or its products, please
visit our website at www.ecitysoftware.com.

NOTE: Information contained in this press release, other than
historical information, should be considered forward-looking in nature
and is subject to various risks or uncertainties and assumptions.
The risks and uncertainties include, but are not limited to the
impact of competitive products and pricing, product demand and market
acceptance, reliance on key strategic alliances, fluctuations in
operating results, the potential unavailability of financing sources
and other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission.
Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or expected. E-City
Software assumes no obligation to update these forward-looking
statements to reflect actual results, changes in assumptions or
changes in factors affecting such forward-looking statements.
Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995.

--30--SW/ph*

CONTACT: E-City Software, Inc.
Anis Jessa, 206/624-8070
or
Columbia Financial Group
Brokers & Analysts, 888/301-6271

KEYWORD: WASHINGTON
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET SOFTWARE
SOURCE: E-City Software, Inc.

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com