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An Incubator Offers Franchise Worldwide!

Added: (Sun Dec 03 2000)

FOR IMMEDIATE RELEASE

An Incubator Offers Franchise Worldwide!

www.maxelerator.com, an incubator, announced the launch of its franchise operations. 'Maxelerator.com will sign up franshisees worldwide. This will bring our operations closer to the investor and dot com community.' Mr. Pankaj Goel, Chairman of www.maxelerator.com said. 'We are negotiating with a couple of potential franchisees at this moment and have a business plan to sign up tweleve franchisees by the end of next year.' He said.

How does www.maxelerator.com plan to sustain a franchise operation with the market slowdown? The market has worked on traditional models making a good online business as expensive as a bricks and mortar business, as per a quote on the website. 'This is never a good situation to be in.' Mr. Goel said. 'Everyone is looking to cash in early instead of making the business profitable. This creates lack of viability.' He explained. ;We know how to make the business protable quickly. That is what would cure the market problems and help us to be the market leaders by building a viable franchise operation.' He added.

www.maxelerator.com plans to sign up one franchisee from each of the countries in the long run, a company spokesperson informed.

Contacts

North America
Richard Fischman
CFO
+1-847-5909350
rfischman@maxelerator.com

Asia/Pacific
Pankaj Goel
Chairman/CTO
+91-11-7860157
pgoel@maxelerator.com

www.maxelerator.com

END OF RELEASE

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