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eCom eCom Appoints Special Advisory Committee
PALM
BEACH GARDENS, Fla., July 22, 2003 (BUSINESS WIRE) -- eCom eCom,
Inc. (OTCBB:ECEC), announced today that the Board of Directors
is appointing a Special Advisory Committee to assist in reformulating
the Company's business plan.
According to Chairman,
David J. Panaia, "there have been many changes in the arena in
which we operate and in the business world in general, we need
to keep pace with them. We have spent the better part of two years
developing our new software line and we're ready to pursue new
marketing strategies and alliances. We also need to evaluate and
consider the various partnership/merger opportunities available
to us."
Another item to be
considered by the Special Advisory Committee is the establishment
of a buy/sell program for the Company's outstanding securities.
"This program would help our stockholders," said Panaia, "by affording
each stockholder an opportunity to sell their shares without having
to pay any commission or fees."
The Company will provide a simple
and uncomplicated way for each stockholder to respond to this
program when approved. A web site will be setup explaining the
procedure to follow for those who choose to participate. More
information on the plan and other updates will be available soon
at http://www.ecomecom.net/advisory.htm.
This release contains certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Actual events or results may differ materially
from those discussed in such forward-looking statements.
Contact:
eCom eCom, Inc.
David J. Panaia, 561/622-4395
dpanaia@ecomecom.net
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