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Old 07-20-2005, 10:33 AM  
Pipecrew
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Bangbros.com, Inc Statement Regarding FTC settlement.

BANGBROS.COM, INC. STATEMENT
REGARDING FEDERAL TRADE COMMISSION SETTLEMENT

(Miami, Florida) July 20th, 2005?Bangbros.com, Inc issued the following statement regarding a settlement announced by the Federal Trade Commission (FTC) today:

?Bangbros.com, Inc have corporate policies against spamming. They have never condoned illegal spam and now prohibit any affiliated companies from participating in any email marketing on their behalf. The FTC has not alleged that Bangbros.com Inc sent even a single email message that violated the federal CAN SPAM Act. Instead, the FTC has sought to hold the company responsible, under CAN SPAM, for the conduct of independent third party marketing companies that had all been directed to comply with that law. In recognition of their good faith efforts, the FTC has created a safe harbor in the settlement to protect Bangbros.com Inc so long as they continue their no-spam policy and terminate any affiliated company they discover has violated that policy.

The settlement agreement entered into with the Federal Trade Commission makes clear that there has been no admission by Bangbros.com, Inc of any wrongdoing. In fact, it contains a clear denial of all FTC allegations. Nonetheless, in order to put this matter behind them, Bangbros.com Inc cooperated fully with the FTC?s inquiry and are pleased that it has been completed.?
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