Welland, ON., February 10, 2004 – Andromeda Media Capital Corporation announces the addition of several new partners to its network of licensed partners. AM Advertising, The Ashway Group, Avocet Communications, H&A International and the Smith-Wogrin Group have all signed licensed partner agreements with Andromeda to market and sell the ecmSuite™ of Web-based eSolutions , bringing the total number of licensed partners to 11.
“We are pleased to begin 2004 with this exciting announcement,” said Albert Iannantuono, President, Andromeda Media Capital Corporation. “We are excited and encouraged to see partners joining the network.”
Located in San Diego, California, AM Advertising provides marketing and advertising solutions to firms in the automotive and service sectors. “Our search to find an eBusiness opportunity that would allow us to grow while reserving capital and operating funds, has been fulfilled through our partnership with Andromeda,” said Jim Tandaro, President, AM Advertising.
The Ashway Group is based in Hoboken, New Jersey and provides advertising, branding, identity, creative and interactive services to a diverse New York City client network including Advertising Age magazine, BMW, the US Fund for UNICEF and The Myriad Restaurant Group. Nader Ashway, President of The Ashway Group said, "Andromeda's ecmSuite™ of revolutionary applications has greatly enhanced our strategic marketing services and we look forward to implementing more of these exciting applications very soon.”
Avocet Communications, located in Longmont, Colorado, combines strategy, creativity and insight to develop highly targeted marketing communications solutions for B2B and B2C clients across several industries. “We anticipate that our partnership with Andromeda will allow us to deliver unprecedented eMarketing results,” said Lori Jones, President, Avocet Communications.
H&A International, founded in 1984, has vast experience in creating multifaceted marketing communications programs for various domestic and global organizations from a variety of industries. Based in Chicago, their clients range from Fortune 500 companies to small, privately held firms. “Our partnership with Andromeda will significantly enhance our ability to function as an extension of our clients’ marketing communications departments,” said Roger Halligan, President, H&A International.
The Smith-Wogrin Group is based in Denver and has a client base of multi-unit retail and franchise operations. Established in 1994, Smith-Wogrin Group recently received the “Marketer of the Year” Award, the highest possible award from Subway Sandwiches and Salads. “Andromeda’s ecmSuite™ of applications is sophisticated and will be an excellent complement to our existing service offerings,” said Robert Wogrin, Executive Vice President, Smith-Wogrin Group. “We look forward to a long and successful partnership with Andromeda.”
Andromeda, through its wholly owned subsidiary, e-commatrix.com® inc., is focused on providing breakthrough eBusiness and eCommerce proprietary products and services. These products are introduced to market through an international network of licensed partners as complimentary product lines to their existing solutions, and under a progressive revenue-sharing model. e-commatrix.com® inc. aggressively sources new partners worldwide.
Issued and outstanding capitalization as at January 14, 2004 – 30,559,750 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.