On October 5, 2004, there was an interactive press conference of AVentures Group, dedicated to the presentation of the new project City.com

Representatives of the leading Ukrainian mass media became the first visitors to the unique IT center, which has no equal not only in Ukraine, but also on the territory of the CIS.
The format "City of Modern Electronics" presupposes the presence of several ingredients: the unique the Ukrainian IT market format of "cash&carry", rendering services from "А" to "Z", and also the availability of an informational training complex (Wi-Fi-club, Museum of Information Technology, computer class and conference hall).
City.com - "City of Modern Electronics" is a network project. AVentures Group plans to open in the near future two more IT centers similar in format in cities of more than one million people.
Vladimir Kolodyuk, President of AVentures Group, announced in his presentation: "We intend to break the stereotype that has developed that the Ukrainian market of information technologies is lagging behind not only the global market, but also the Russian market. I am sure that Ukrainian operators have huge potential, and already in a short time the appearance of such unique projects as City.com will become a usual phenomenon namely on the territory of Ukraine, thanks to the growth and development of Ukrainian companies. And this means that stating the issue ‘here, it is like it was in Russia two years ago' in a short time will no longer be the case. Soon, it will be the other way around".
At the press conference Vladimir Kolodyuk represented the head of the new company City.com - Mikhail Vatakha. Mikhail, in turn, presented to those in attendance the main details of "City of modern electronics".
The official Opening of City.com will take place on October 16. The opening of "City of modern electronics" will be conducted under the motto "Protect yourself from the old!"
As Mikhail Vatakh declared: "By this phrase, we understand nothing more than simply saving ourselves from old technology. This is also saving ourselves from old stereotypes, habits and views! The goal of City.com - is, to the maximum extent possible, to shorten the gap between the consumer and modern electronics and information technologies as a whole".