Business Editors/High-Tech Writers
OAKLAND, Calif.--(BUSINESS WIRE)--April 2, 2001
E*Comnetrix Inc. (OTCBB:ECNXF), a holding company with operating subsidiaries in the electronic messaging based applications and diversified telecommunications services businesses announced today
"In an effort to streamline costs and to effect further simplicity in our corporate structure we have combined these two companies as per our previously announced plan," said E*Comnetrix President Mark Smith. "We originally formed Moving Bytes Broadband to serve the broadband related needs of our customers and distributors. We now feel it best to combine our voice and data services and our broadband services under a single brand umbrella. This will simplify both marketing and operations, and will reduce costs. It should also allow us to more efficiently serve our telecommunications distribution partners."
ABOUT E*COMNETRIX INC.
E*Comnetrix (OTCBB:ECNXF), through its operating subsidiaries Exstream Data, Inc. (www.exdata.com) and Moving Bytes Broadband Corporation (www.movingbytes.com), provides e-business solutions ranging from ultra-high volume electronic document delivery and branded interactive multimedia internet messaging applications to diversified telecommunications services and broadband connectivity. Clients include thousands of businesses worldwide including more than a dozen Fortune 1000 companies. The company utilizes the networks of leading infrastructure companies such as ICG Communications, Inc. (OTCBB:ICGXQ), Level 3 Communications, Inc., (Nasdaq:LVLT), MCI WorldCom Inc. (Nasdaq:WCOM), and Qwest Communications, Inc. (NYSE:Q).
E*Comnetrix is audited by KPMG LLP and its common shares are registered with the U.S. Securities and Exchange Commission under the Securities and Exchange Act of 1934 as amended. The company's SEC filings can be found on SEDAR at www.sedar.com. For more information visit our web site at www.ecomnetrix.com.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by those sections. Such forward-looking statements, particularly as related to the business plans of the Company, expectations of strategic relationships, business opportunities related to electronic document delivery and related applications and voice, data and internet access telecommunications services, and the Company's ability to gain market share, the size of the market, the ability of the Company to develop new technologies, the ability of the Company to compete effectively in the marketplace, and the future product opportunities of the Company are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the Company's expectations and estimates.