Communicate.com Finds New Focus and Appoints New Management.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--July 26, 2002 Communicate.com Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMNN) plans to focus on the on-line travel business through its destination websites: Malaysia.com, Vietnam.com, Indonesia.com and Brazil.com. Communicate.com has done extensive market research in the past year and concluded that the travel business is the most viable in achieving long-term profitability. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Business Week, the travel sector earns the highest grade out of eight of the Net economy's largest sectors. In May 2002, Communicate.com partnered with a Florida based travel corporation to launch its new Brazil.com travel site. By combining a top key word search domain name for Brazil and a travel business that focuses on that country, Brazil.com has performed above expectation in its first two months of business. Communicate.com sees a tremendous opportunity in niche location travel and plans to focus on the travel business under its new division aptly named FrequentTraveller.com. FrequentTraveller.com will become the banner under which Malaysia.com, Vietnam.com, Indonesia.com and Brazil.com operate. Communicate.com is pleased to announce the appointment of David Jeffs to replace R Leigh Jeffs as the new President and sole director. David Jeffs has worked for Communicate as a consultant since November 2000 and has contributed greatly to Communicate's turnaround and to new business development. Also, Communicate.com is pleased to reappoint Re`ap`point´ v. t. 1. To appoint again. reappoint vt → volver a nombrar reappoint vt (to job) → J Cameron Pan as its Treasurer. Communicate.com is working to enhance its management team and its board of directors and expects to make further announcements in the near future. About Communicate.com Communicate owns and operates a roster of more than 30 intuitive, generic domains including Makeup.com, Boxing.com and Automobile.com. Communicate capitalizes on the network of generic domain names' ability to intuitively attract customers to their pre-established brand. Statements in this press release which are not historical are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, risks associated with market acceptance and technological changes, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements. |
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