News
 
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


Close window