Business Services Industry

TheSUBWAY.com Announces Investment Opinions on Clements Golden Phoenix Enterprises Inc., Fonix Corp., eCom eCom.com, eConnect Inc. and Mail.com

Business Wire, Jan 10, 2001

Business Editors

NOTE TO EDITORS: The following is an investment opinion issued by

TheSUBWAY.com

WESTON, Fla.--(BUSINESS WIRE)--Jan. 10, 2001

Clements Golden Phoenix (OTCBB: CPHX) Citrus Sales signs yet another new contract with a major distributor in the Philippines. The initial order of 48,000 cans of frozen orange juice, which is approximately $50,000 is just the beginning with additional orders coming soon. This is the first shipment ever into the Pacific Rim area for Clements. The Philippines market size for frozen juices is in the multi millions. Clements is shipping product into other multi million-dollar markets such as China, Japan and the United States as a result of signed contracts.

Clements is also constantly name-branding products for customers worldwide. Clements is definitely headed in the right direction in becoming a dominant distributor of frozen juices and fruits worldwide. Clements was one of the first companies coveted by the Chinese for shipping into their country. The yearly high for the stock has been around $4.00 per share. Currently trading around $1.00, we consider this stock to be very undervalued.

After TheSUBWAY.com's opinion on Fonix Corp. (OTCBB: FONX) yesterday, Shares of Fonix were up over 34% on another day of high volume for the company. Microsoft has proclaimed Fonix TimeTalk by Fonix Corp. for PocketPC, a software utility for PDAs that utilizes Fonix Customized Text-To-Speech to speak the time of day, "one of the most unique and technologically advanced applications available" on the PC market.

CRG expects more from Fonix, and we are watching for more news to come. With Fonix TimeTalk for PocketPC, PocketPC owners can empower their handheld devices to read the time of day aloud in a completely natural and pleasing female voice. Time announcements can be activated with the push of a button or programmed to announce the hour, half hour, or quarter hour intervals. CRG will be keeping a close eye on this stock for other future developments.

eCom eCom.com (OTCBB: ECEC) was up over 100% today and over 500% for the past week on record volume. eCom eCom.com has not released news since Jauary 5th stating that they represent technology that far exceeds the market.

eCom eCom.com can now help corporations get the most out of their bandwidth through its unique Dry Ice compression software. Based on a patented process, it is capable of reducing images dramatically while preserving the integrity of the original image during the compression and viewing process. This process allows the user to perform infinite in/out zooms while compressed without distortion.

Yesterday eConnect Caribbean, S. A., a subsidiary of eConnect (OTCBB: ECNC ), announced that it had elaborated on its previously announced participation in the launch of Project 999 in the current quarter. Project 999 describes a low-cost package of hardware and software, including eConnect's eCashPad, to be marketed by Banco Nacional de Credito, S. A. and Enelpunto.net, a web portal, to computer store vendors. This marketing plan foresees stimulating e-commerce and general Internet access in Latin America, beginning with the Dominican Republic.

Paul Egan, CEO and president of eConnect Caribbean, S. A., said, "This is the first of many projects with our strategic partners, Banco Nacional de Credito and Enelpunto.net, that we plan to implement in 2001. We hope for sales of 30,000 eCashPads, which would yield revenue of approximately US$1.8 million and a profit of approximately US $262,500.00, based on terms of our sales contract. The stock was down nearly 11% yesterday on high volume but CRG feels that eConnect has developed a well revised plan for success and has good potential.

Mail.com, Inc. (NASDAQ: MAIL ) is a leading global provider of outsourced messaging services to enterprises, carriers, ISPs and Web sites. The Company's solution set includes hosted Microsoft Exchange, Novell GroupWise and Web/POP3-based e-mail and collaboration services; hosted e-mail firewall services such as virus scanning, spam blocking and content filtering; and a full range of Web-based, desktop and production Internet Fax solutions. Mail.com has IP network facilities in 20 key countries and currently serves more than 20.4 million seats and over 10,000 corporate customers worldwide.

Mail.com, Inc also recently launched its Professional Services solutions for the business enterprise. Mail.com's Professional Services Group takes advantage of the growing demand for end-to-end messaging solutions and leverages Mail.com's industry-recognized expertise in the messaging market. Mail.com's Professional Services Group provides a host of on-site solutions ranging from Internet and new system development to enterprise network and system management, and telecommunications support. With an array of services Mail.com offers, we feel the company has tremendous revenue potential but must keep up with the industry leaders.

"Apprehension about slowing economic growth and the effect it is having on corporate earnings continues to be the overriding theme in the financial markets. Looking back, it is difficult to believe that just one year ago, the U.S. economy was forging ahead with the vigor of a raging bull, and doing so with only a hint of inflationary pressures. It is equally difficult to imagine that the Federal Reserve, in an effort to fight this "phantom inflation," in essence, brought the racing U.S. economy to its knees, and brought the country dangerously close to a recession." Stated Peter Antipatis. More is available at http://www.thesubway.com.


 

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