Welland, ON., November 14, 2003 – Andromeda Media Capital Corporation announced today that it has appointed two new corporate advisors. Peter Tuovi will advise on legal issues and George Barkwell will serve as financial advisor.
Peter Tuovi, B. Sc., LL.B, LL.M. – has provided legal counsel to individuals and companies, throughout the Province of Ontario, since 1990. Currently, Peter practices law in the greater Toronto area and specializes in securities law, corporate and commercial law, franchising, technology finance, copyright and trademarks, and computer and Internet law. Peter has authored several publications on franchising and business law and served as an instructor for the Law Society of Upper Canada’s Bar Admission Course - Taxation and Insolvency. In addition, Peter has been a guest lecturer in the area of Technology Transfer at York University’s Faculty of Administrative Studies from 1995 to present. Peter received his Bachelor of Science Degree in Chemical Engineering from Queen’s University in 1984. In 1987 he graduated from the University of Western Ontario with a Bachelor of Laws Degree and followed this with a Masters in Law from the London School of Economics.
George Barkwell, C.A., CMC – is the President and Founder of GD Barkwell & Associates Inc. Management Consultants. George has 30 years of experience providing financial advisory and management consulting services to Canadian organizations with a strong track record in creating organizational improvement and growth. A partner in two major accounting and consulting firms before forming GD Barkwell & Associates; he transformed traditional firms into market leaders using creativity and applied business fundamentals. George's extensive experience includes strategic planning, governance, process mapping and innovation, business process reengineering, technology assessments and financial studies. He formed GD Barkwell & Associates Ltd. to bring those capabilities to select clients, and has worked with all levels of government, manufacturing, construction, not for profits, aviation and aerospace, and service industries. George received his C.A. designation in 1973 and his Certified Management Consultant (CMC) designation in 2003.
“The appointment of these new advisors is part of Andromeda’s new business strategy,” said Albert Iannantuono, President, Andromeda Media Capital Corporation. “It will help us move forward and adds strength in critical areas of our company. I am confident that the expertise these individuals share with us will serve to significantly advance our business objectives.”
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 September 30, 2003 – 30,577,750 common shares.
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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 forwardlooking 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.