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Flying Crocodile Announces New Leadership

On January 24, 2001, Flying Crocodile, Inc. released information about a decision by the founders of the company to divest the assets and dissolve their ownership of the firm. After extensive deliberation by the Board of Directors, Flying Crocodile, Inc. has accepted the resignation of Andrew Edmond from the management team and from shared ownership of the company. We thank Andy for his contributions to the growth and success of the company over the past three years and wish him well in his future endeavors.

Effective immediately, Flying Crocodile, Inc. will operate under the leadership of two of its original founders, Ross Perkins and Shawn Boday, with its full complement of products and services. Our family of products, including our Counter products, SexTracker, SexList and XXXCounter, our affiliate advertising Program, MoneyTree, our Hosting and Network operations, our Free Host product, our Advertising campaign tracking software, SexAdNet, will be diligently maintained and improved in the months and years to come.

We apologize for the inconvenience these events may have caused you, our customers and clients. You have our sincere commitment to continuing the strong relationships we have with you and to contribute in a positive way to your business needs with new and innovative products in the future. We hope to hear from you in the days ahead.

Ross Perkins and Shawn Boday.

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