ebizLatam PointCast analyzes the development of e--business in Latin America on its first anniversary

After a year offering resources and services on the net, ebizLatam.com comments on the reality of the latin market.

Buenos Aires, June 14th, 2002 - ebizLatam PointCast, the leader website in services for the development of e--business, electronic commerce and business on the net for Latin America, celebrates its first anniversary and looks with concern upon the regressive tendency that, as a direct consequence of the economic depression in the region, impacts on the commercial market on Internet.

Several indicators, like massive dismissal programs announced by large companies like HP, closing of companies dedicated to commerce online and others going bankrupt; cost increase of net services, supplies, hardware and software, as well as the restructuring of several companies in order to consolidate the management of their business, show the recessive scenario where these companies nowadays operate.

After a hard year operating online, we are pleased with the results we obtained", said José Chama, CEO of ebizLatam.com. The sustained growth of users and visits to ebizLatam.com clearly shows the interest of latin companies in the development, deployment and strengthening of their businesses on the net. Despite the difficult current situation in the region, I strongly believe that the companies will continue to support e--business and will go on making plans for their growth".

ebizLatam.com consolidated its presence on the web by supplying information, services and resources for e--business companies and professionals. It earned international recognition and became a point of reference for all subjects related to electronic commerce and business on the net.

The extensive list of specialized users who visit ebizLatam.com prompt us to increase our offer of services, which includes news releases, exclusive reviews, weekly newsletters, discussion forums, directory and calendar of events, among others" added José Chama.

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About ebizLatam PointCast

ebizLatam PointCast is the leader portal in services for the development of e--business, electronic commerce and business on the net for Latin America, that supplies online information on all aspects of business on internet. It offers integral services to the Latin American market. It also provides free access to its directory, news releases, exclusive reviews, calendar of events, weekly newsletter and updated information for all e--business professionals. ebizLatam PointCast is based in Buenos Aires, Argentina.