MELVILLE, N.Y., Nov. 22, 2003 (PRIMEZONE) -- The MacReport.Net, Inc. (OTCBB:MRPT), an information and media company, today announced the resignation of Jack Favia from its board of directors effective November 19, for undisclosed personal reasons.
About The MacReport.Net, Inc.
The MacReport.Net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net. The MacReport.Net also provides a hassle free, month to month client care program which depending upon the service package may include unlimited press releases, email direct marketing, a feature rich communications platform and web hosting, networking and consulting solutions. The company further plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the company's products and services, competitive factors, new products and technological changes, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's amended registration statement on Form SB-2 filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.