Epixtar Denies Any Wrongdoing In FTC Action
Thursday, October 30, 2003 -
1:57 pm ET
MIAMI - (BUSINESS WIRE) - Oct. 30, 2003 -
Epixtar Corp. (OTCBB:EPXR - News) announced today that it
and its subsidiaries, Liberty Online Services, Inc., National
Online Services, Inc., B2B Advantage, Inc., a/k/a SBA Online,
Inc., and an officer, William Rhodes, have been sued and served
with an ex parte temporary restraining order, asset freeze,
order permitting expedited discovery, order appointing temporary
receiver, and an order to show cause in an action commenced
by the Federal Trade Commission in the United States District
Court for the Southern District of New York. The Order covers
each of these entities, as well as their parents, subsidiaries,
and affiliates.
The companies vigorously deny any wrongdoing and believe that
their business practices are in compliance with all applicable
laws. They intend to vigorously defend the action. A hearing on
the matter is scheduled for November 13, 2003.
About Epixtar Corp.
Epixtar is a provider of marketing services - aggregating
contact center capacity and robust infrastructure to deliver
comprehensive, turnkey solutions. From campaign design through
ongoing management, Epixtar delivers value-driven, creative
solutions for telesales initiatives. Epixtar combines global
capacity with innovative performance-based compensation and
proven methodology to deliver highly successful marketing
campaigns. Leading companies use Epixtar's marketing expertise
and contact center capacity to acquire, support, and enhance the
customer experience, reduce costs and generate top-line revenue.
Based in Miami, Florida, Epixtar conducts operations in India,
the Philippines, and the Caribbean.
Safe Harbor Statement
This release contains statements about expected future events
and financial results that are forward looking. These statements
are based on our estimates and assumptions and are subject to
risks and uncertainties. Actual results could be affected by a
downturn in the economy, new competitive products, slower rate
of growth in member base, higher than anticipated cancellations,
unforeseen expenses, or technical failure related to self
generating web site development or inability to scale server
capacity to meet demand. Forward-looking statements include the
information concerning our possible or assumed future results of
operations. Forward-looking statements also include those
preceded or followed by the words: "anticipates," "believes,"
"estimates," "hopes" or similar expressions. For those
statements, we claim the protection of the safe harbor for
forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995.
Contact
Epixtar Corp., Miami
Public Relations:
Harry Fozzard
hfozzard@epixtar.com
or
Investor Relations:
Ed Belak, (212) 697-5200
ebelak@sandsbros.com
Source
EPIXTAR CORP. |
