SAN ANTONIO, June 11, 2002 (PRIMEZONE) -- CommunicateNow.com Inc. (OTCBB:CMNW) today announced the Board of Directors voted to change the name of the Company to American Energy Partners Inc. (OTCBB:AMEP). This name change will coincide with the Company becoming an oil and gas acquisition company.
American Energy Partners Inc. will begin actively seeking oil and gas leases that have potential for increased production from workovers or new drilling projects that will increase daily production of oil and gas, and add reserves that could add value to the Company.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of the future performance, unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.