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SyCoNet.com Announces Management Changes.


Business Editors

MANASSAS, Va.--(BUSINESS WIRE)--June 28, 2000

SyCoNet.com, Inc.'s (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:SYCD) Board of Directors has accepted the resignation, effective immediately, of Sy Robert Picon as President, Chief Executive Officer, and Treasurer of the Company, due to poor health.

Mr. Picon remains as Chairman of the Board of Directors. The Board of Directors has appointed William Spears, formerly Executive Vice President, to the position of President and Chief Executive Officer. Mr. Spears was one of the original co-founders of Syco Comics and Distribution (with Mr. Picon), the predecessor to the current Company.

In addition, the Board of Directors has appointed Kathryn Jacobson, Chief Financial Officer, to the additional position as Corporate Treasurer.

SyCoNet.com, Inc, distributes Japanese-animated ("Anime an·i·me  
n.
A style of animation developed in Japan, characterized by stylized colorful art, futuristic settings, violence, and sex.



[Japanese, short for anim
") movies, including the enormously popular Pokemon(R) video series, as well as multimedia games and software, DVDs, CDs, toys, apparel, and related merchandise to over 7,500 wholesale and retail accounts nationwide through two high-traffic Web sites, a catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. , and direct sales campaigns Noun 1. sales campaign - an advertising campaign intended to promote sales
ad blitz, ad campaign, advertising campaign - an organized program of advertisements

sales campaign ncampaña de venta 
. For more information on purchasing the Internet's lowest priced Anime videos, visit www.animedepot.com.

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.
 in this release are 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 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 http://www.syconet.com/ ,http://www.animedepot.com/, and http://www.altvidwar.com/.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 28, 2000
Words:278
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