Business Services Industry
E-City Software, Inc. Addresses Supplier Relationship with Connexion by Boeing
Business Wire, Dec 12, 2001
Business Editors/Hi-Tech Writers
SEATTLE--(BUSINESS WIRE)--Dec. 12, 2001
In light of recent developments E-City Software, Inc. (OTCBB:ECTY) feels compelled to clarify its relationship to Connexion By Boeing(SM).
E-City CEO Anis Jessa stated, "We have received a number of inquires regarding our relationship with Connexion by Boeing. We have licensed certain 3D CityMap products to Boeing. We have no present contractual relationship with Boeing. We will keep the market advised as to any future developments."
E-City Software, Inc. (OTCBB:ECTY - news) is a developer of interactive maps for cities around the world. E-City sells its products to customers on the basis of both annual licensing fees and revenue share arrangements. E-City distributes its products directly to its customers, through arrangements with strategic partners and through its network of distributors and value added resellers.
For more information about E-City Software or its products, please visit our website at www.ecitysoftware.com.
NOTE: Information contained in this press release, other than historical information, should be considered forward-looking in nature and is subject to various risks or uncertainties and assumptions.
The risks and uncertainties include, but are not limited to the impact of competitive products and pricing, product demand and market acceptance, reliance on key strategic alliances, fluctuations in operating results, the potential unavailability of financing sources and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. E-City Software assumes no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in factors affecting such forward-looking statements.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
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