Welland, ON., February 20, 2004 – Andromeda Media Capital Corporation wishes to announce that, at its Annual and Special general meeting of its shareholders which was held February 17, 2004, all proposed items of business received shareholder approval. Those items included a change of the Company’s name to Andromeda Media Capital Corporation Limited, the issuance of a new class of shares, the approval of a stock option plan and a consolidation of its shares on a nine (9) for one (1) basis.
ON BEHALF OF THE BOARD OF DIRECTORS OF ANDROMEDA MEDIA CAPITAL CORPORATION
“Albert Iannantuono”
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Albert Iannantuono, President and Chairman
Issued and outstanding capitalization as at January 14, 2004 – 30,559,250 common shares. No stock exchanges have reviewed or accepted responsibility for the adequacy or accuracy of the content of this press release.
Certain statements contained herein constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends, and future operating revenues and expenses. Statements regarding the aforementioned are based on several assumptions and are not to be considered fact. Although Andromeda Media Capital Corporation and e-commatrix.com® inc. believe that the statements are reasonable, it can give no assurances that such expectation will prove to be correct. Investors are cautioned that any forward-looking statements made by Andromeda Media Capital Corporation or e-commatrix.com® inc. contain no guarantee of future performance and that actual results may differ materially from those set forth in the forward-looking statements. For additional information see the reports filed by the company in its securities filings with applicable securities regulators (currently available at www.sedar.com). Unless otherwise required by applicable securities laws, Andromeda disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |