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Re: toddao post# 2304

Tuesday, 07/31/2001 7:26:44 PM

Tuesday, July 31, 2001 7:26:44 PM

Post# of 3366
Todd - here's their recent news for starters...
July 25, 2001 14:37



PACEL Corp. Reports Second Straight Quarter of Revenue Increases Over 250%

MANASSAS, Va.--(BUSINESS WIRE)--July 25, 2001--PACEL Corp. (OTC BB: PLRP)
announced today that for the three months ended June 30, 2001, sales were
$226,000 for a total of $429,000 for the six months ended June 30, 2001,
compared to $58,000 for the second quarter of 2000 and a total of $116,000
for the six months ended June 30, 2000, an increase of $313,000 or 270%.

The increase in revenues is directly attributed to the sales generated from
existing NATO contracts of Fairfax Communications Limited and from
EBStor.com's increased business in consulting and Web development.

The Company intends to continue to focus its efforts on the marketing of
the ChildWatch(TM) family of products and e-Centurion anti-virus software.
Only limited revenues from the ChildWatch software have been realized to
date due to marketing delays.

The Company's marketing delays stem from the inability to obtain financing
through the second quarter, a difficulty that the Company is working to
address.

David Calkins, president and CEO of PACEL Corp., said, "As a result of our
efforts to obtain continued sources of financing, we have entered into an
equity line of credit arrangement and also issued some convertible
debentures. As part of these financings, registration rights were provided
to the security holders.

"A registration statement was filed on April 25, 2001 with the SEC to
register the shares that may be issued under the equity line of credit
arrangement. This registration statement was subsequently withdrawn on July
10, 2001 to address certain regulatory issues. We anticipate filing a new
registration statement with the SEC covering the common stock under these
arrangements.

"Once the registration statement is declared effective by the SEC, we
intend to use a portion of the proceeds from the equity line of credit to
help fund our marketing plans. In an effort to continue the promotion and
marketing rollout of ChildWatch and e-Centurion, PACEL Corp. has engaged
various services in exchange for stock.

"While this has caused some dilution, we are confident that our stock value
will increase in conjunction with continued increases in sales."

The "Pacesetter" in Internet security, PACEL Corp. is a software
development company headquartered in Manassas, Virginia, a suburb of
Washington, D.C. Two subsidiary companies, EBStor.com and Fairfax
Communications, Limited, provide Web and e-commerce solutions and goods and
services to NATO, respectively.

Further information about PACEL and its products will be found at
www.pacel.com and at www.childwatch.com.

FORWARD-LOOKING STATEMENTS

When used in this document and in our filings with the Securities and
Exchange Commission, in our press releases, or other public or shareholder
communications, and in oral statements made with the approval of an
authorized executive officer, the words or phrases "will likely result,"
"are expected to," "will continue," "is anticipated," "estimate,"
"project," "or similar expressions are intended to identify
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995.

These statements are subject to certain risks and uncertainties that could
cause our actual results to differ materially from our historical results
and those we presently anticipate or project. You should not place undue
reliance on any forward-looking statements, which speak only as of the date
made.

Various factors could affect our financial performance and cause our actual
results to differ materially from any opinions or statements we express
with respect to future periods in any current statements.

These factors include, but are not limited to, the following: increases in
our operating expenses outpacing our revenues; our inability to expand our
sales and distribution channels, the failure of strategic relationships to
implement and protect our software products, the failure of third parties
to develop software components necessary for the integration of
applications using our software; and the use of our intellectual property
by others.



CONTACT: PACEL Corp., Manassas
Lisa B. Smith, 703/257-4759
lbsmith@pacel.com
or
Investor Relations:
David E. Calkins, 703/257-4759
investmore@pacel.com





PACEL CORP -
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Price 0.01
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Volume (000) 812
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as of
07/28/01 16:43 PM EDT

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