EXHIBIT 99
Thursday, August 10, 2000 5:09pm Eastern Time
PRESS RELEASE
American Internet Data Center to Launch Operations in Los Angeles
LOS ANGELES - (BUSINESS WIRE) - Aug. 10, 2000 - American IDC Corp. (OTC Pink
Sheets ACNI) announced today the launch of its new Internet Data Center Services
in Los Angeles.
The proposed 80,000 - square-foot, state-of-the-art facility to be strategically
located adjacent to LAX International Airport will attract international clients
worldwide to the company's Internet Data facility. Clients will utilize
cyberspace offices incorporated in the Data Center while lodging at any of the
surrounding luxury hotels. In addition, clients including Fortune 500 companies
will enjoy the convenience of being able to co-locate the cyber-based aspect of
their business within the Los Angeles metropolitan area, which is well known as
"the gateway to the East."
The Data Center will feature state-of-the-art network control and hosting
capabilities. It will be staffed with round-the-clock, on-site technical
personnel who will manage, maintain, and support the spacious Internet Data
Center. With that, ACNI uses scalable technology that can service the local Los
Angeles market, and quickly expand to the rest of California, the United States
and beyond.
Taking advantage of the power of the "new era" of mainframe servers combined
with high-performance and national scope guarantees speed, reliability,
redundancy and scalability. ACNI connects clients to its data center where it
stores and manages services in an environmentally controlled and secure
facility. The target market is the fast-growing small and medium-sized business
market. Total annual sales in the Internet Data Center Industry already exceed
$2.4 billion USD annually, and are rising dramatically.
ACNI currently has 5,000,000 shares outstanding with a public float of
approximately 500,000 shares. The company will finance start-up costs with an
initial placement of $3 million to $5 million USD.
The company's headquarters is currently LAX adjacent at 9800 S. Sepulveda Blvd,
Suite 625, Los Angeles, CA 90045. ACNI is a Florida corporation, currently
listed on the National Quotation Bureau's "Pink Sheets" market. Management
expects to register its securities with the Securities and Exchange Commission
within the next six to eight weeks in order to qualify for listing on the OTC
Bulletin Board.
Safe Harbor for Forward-Looking Statements: Except for historical information
contained herein, the statements in this press release are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties, which may cause the company's actual results in
the future periods to differ materially from forecasted results. These risks and
uncertainties include, among other things, product price volatility, product
demand, market competition, risk inherent in the company's domestic and
international operations, imprecision in estimating product reserves and the
company's ability to replace and expand its holdings.
Contact:
American IDC Corp., Los Angeles
Gordon Lee: 310/342-0760
310/342-0704 (fax)
