VANCOUVER, BC – January 14, 2008 – Communicate.com Inc. (OTCBB:CMNN), a rapidly evolving Internet commerce and media company, today announced the resignation of J. Cameron Pan from the position of Chief Financial Officer effective January 31, 2008.
Mr. Pan has served as Communicate.com’s CFO since September 2000. He will remain with the Company in a consulting capacity for a period of at least three months following his departure as CFO to ensure a smooth transition.
Geoffrey Hampson, Chairman and CEO of Communicate.com, stated, “This is part the Company’s strategy to transition to a new leadership team. Cameron played a key role in preserving value in Communicate.com Inc. after the dot-com bubble burst and we appreciate the valuable contributions that he has made while serving as CFO. We wish him continued success as he pursues the next phase in his career."
Mr. Pan commented, "I am very proud to have seen Communicate.com’s transition to become a preeminent internet commerce and media company. More importantly, I believe Communicate now has a sustainable and scalable business model which will enable it to attract capital and talent for future growth. I believe Perfume.com has become an iconic internet brand and will continue to grow and be profitable. I am at ease leaving Communicate knowing there is a very talented team of people to continue the success.”
Communicate.com is building a platform for growth. Using a powerful domain name, distributed tools like widgets, social platforms, search, peer to peer networks and off-line media, each Communicate.com property will become the leading destination for a specific interest, audience or customer. Founded in 1994, Communicate.com is based in Vancouver, British Columbia with an office in Seattle, Washington and is publicly traded on the NASD OTCBB. For more information, visit www.communicate.com.
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Although Communicate.com Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions; it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, regulatory changes, changes in economic conditions and other risks detailed from time to time in Communicate.com’s filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release represent the Company`s views as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statements, and readers are cautioned not to place undue reliance on these forward-looking statements.
Director, Corporate Communications
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