Replies to post #1571 on PLATO'S RETREAT (PLATO)

[myDDdotcom]

You still holding CMIX? Looks like things are starting to fall into place:

SyCoNet.com Announces New Executive Appointment For Joint Management
VIENNA, Va.--(BUSINESS WIRE)--Dec. 21, 2000--SyCoNet.com (OTC BB:SYCD) is pleased to announce the addition of Mr. Ross Rojek to its executive management team, effective as of the close of business on December 20, 2000. He will serve as co-CEO in concert with the current CEO, Mr. William Spears. Mr. Larry Hineline will retain his appointment as Chairman of the Board.

Mr. Rojek has been involved in comic book retailing for over twelve years and owns Comics & Comix, Inc., the fourth largest comic chain in the country. Comics & Comix, founded in 1972, was acquired by Mr. Rojek in 1997. He has served as a consultant to Tower Books and Records, expanding their product mix into comic books and games. Mr. Rojek currently serves as the CEO of TheComicStore.com (CMIX), a comic e-tailer, based in Sacramento, California.

Mr. Rojek brings solid retail expertise in Internet and brick-and-mortar operations. As co-CEO, Mr. Rojek will be responsible for the success of Syconet's Internet operations. He will also lead the Company's efforts in building the West Coast division including business development, market positioning, customer service, e-commerce growth and product line diversification.

As co-CEO, Mr. Spears will be responsible for corporate management and will oversee retailer relationships, develop and expand niche markets and continue to develop the discount market. This successful initiative was recently launched through the Super Clearance Store at Animedepot.com.

``I genuinely look forward to working with SyCoNet.com,'' said Mr. Rojek. `` The Company has a great deal of potential and provides me with a new challenge. As an entrepreneur, there is a great deal of satisfaction in creating success from a firm foundation. Once we believe that we have made solid headway, we will continue to seek out opportunities for additional growth and expansion.''

Mr. Spears, co-CEO, remarked, ``Ross has established an excellent reputation in the comic and games industry. His experience will enable us to enter new markets. Together, we anticipate that we will be able to synergistically pursue the Company's growth strategy by concentrating on areas specific to our respective expertise.''

As a result of the Company's appointment of Ross Rojek as co-CEO, both of the Company's registration statements for the benefit of selling shareholders need to be amended. Accordingly, until such amendments are made, selling shareholders may not effect any sales of SyCoNet's common stock under such prospectuses.

To learn more about SyCoNet.com or to be included on the shareholder communication email list, please contact Paula Kane with Integrity Capital at 360/318-1819 or via email: [e-mail].

About SyCoNet.com, Inc.

SyCoNet.com, Inc. is a specialty retailer of popular Japanese animation or anime. Titles such as Pokemon, Gundam Wing, and Dragon Ball Z enjoy a mainstream following in the US and abroad, and additional titles are catching on fast. The Pokemon invasion has converted the consumer demographic from a cult type following into the mainstream. SyCoNet.com, through its distribution websites, www.animedepot.com and , sells a myriad of Anime DVD's, videos, toys and trading cards at a discount from regular retail sources. Nintendo projects total retail revenues for the Pokemon franchise to reach $3 billion for the calendar year 2000 in the U.S. alone, double the sales figure for Pokemon's first 12 months of sales. SyCoNet.com intends to capitalize on this cultural revolution by focusing its business on sales of Japanese anime products.

The Private Securities Litigation Reform Act of 1995 provides a ``safe harbor'' for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of SyCoNet.com, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions


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Contact:

SyCoNet.com
by
Integrity Capital
Paula Kane, 360/318-1819
[e-mail].


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