LITTLETON, Colo., Feb. 20 /PRNewswire-FirstCall/ -- Mycom Group, Inc. (OTC:MYCM) (BULLETIN BOARD: MYCM) today announced that a one-for-30 reverse stock split of its authorized and outstanding stock will become effective as of this morning's market open, Tuesday, February 20, 2007. In addition, effective with market open this morning, Mycom's ticker symbol on the Over-the-Counter Bulletin Board will change to "MYCI". (Logo: http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO ) The one-for-30 reverse stock split was approved by the Company's shareholders at a Special Meeting of Stockholders held on December 18, 2006. As a result of the reverse stock split, every 30 shares of Mycom Group's common stock will be combined into one share of common stock. All common stock, stock options, warrants and other convertible securities that were outstanding as of the close of market on Friday, February 16, 2007, will be subject to the reverse stock split. Currently, Mycom Group has no operating business. The Company intends to evaluate, structure and complete a merger with, or acquisition of, certain prospects that may include private companies, partnerships or sole proprietorships. Safe Harbor Statement This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the Company and its operations, are included in certain forms the Company has filed with the Securities and Exchange Commission. FOR MORE INFORMATION, PLEASE CONTACT: Earnest Mathis, Chief Executive Officer 303-794-9450 DATASOURCE: Mycom Group, Inc. CONTACT: Earnest Mathis, Chief Executive Officer, Mycom Group, Inc., +1-303-794-9450 Web site: http://www.xelr8.com/

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