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To: DablocTrader who wrote (12620)4/29/1999 9:46:00 AM
From: Jacalyn Deaner  Respond to of 15987
 
SYCD - GOOOOO!!! Profits & NEWS

Thursday April 29, 9:02 am Eastern Time

Company Press Release

SyCoNet.com DVD and Video Sales Triple at
Anime Central Convention

MANASSAS, Va.--(BUSINESS WIRE)--April 29, 1999--SyCoNet.com, Inc.,
(OTC BB:SYCD), the leading U.S. distributor of Anime (Japanese animated) videos
and DVDs, today announced that sales of Anime videos and DVDs tripled last
weekend at the Anime Central
convention in Chicago.

The Company's Alternative Video Warehouse retail division participated in the
convention. The subsidiary said that
attendance at Anime Central doubled to 1,750 this year.

''The fact that we tripled sales while attendance doubled at the Anime Central
convention not only demonstrates our
growing industry presence and strong marketing capabilities, but also illustrates the
rapidly expanding consumer demand
for Anime products,'' said Sy Picon, chief executive officer of SyCoNet.com. ''As we
continue to add the most popular
Anime titles to our product offering, we expect to further capitalize upon the industry's
explosive growth trend.''

Alternative Video Warehouse is participating in roughly 25 conventions nationwide
during 1999. For more information
on purchasing the Internet's lowest priced Anime videos, see www.altvidwar.com.

SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes Anime Japanese
animated movies, live action cult films,
multimedia games and software, DVDs, CDs, toys, apparel, and related merchandise to
retail and consumer markets
nationwide through two high-traffic websites, a catalog, and direct sales campaigns.

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
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

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