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Technology Stocks : An E-commerce company, JVWeb, Inc. (JVWB:OTC, JVW:BE)

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To: GC who wrote (3)6/24/1999 9:27:00 AM
From: GC   of 14
 

Monday June 7, 7:33 am Eastern Time

Company Press Release

JVWEB Director Attends Tokyo
SDMI Industry Forum

HOUSTON--(BUSINESS WIRE)--June 7, 1999--JVWEB Inc. (OTCBB:JVWB - news)
announced today Louis A. Ferro, Director of Internet Strategies, for JVWEB will represent the
Company and AMP3.COM at the Secure Digital Music Industry Forum in Tokyo, Japan. Mr.
Ferro will participate in both the Functional Requirements Working Group and The Portable Devices
Working Group sessions.

Greg Micek, President and CEO of JVWEB stated, ''Both JVWEB and AMP3.COM will continue
to seek additional opportunities and joint ventures with leaders in the music and software industries.
Having representatives at prestigious industry forums such as SDMI, will allow
JVWEB/AMP3.COM to remain current with emerging technologies and the rapidly expanding
digital music market.''

JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build a strategic Internet services capability for two primary uses: 1) to offer products,
services and advertising through joint ventures with established businesses, and 2) to offer its
services on a fee basis for clients in need. JVWEB provides the technical, web marketing and
Internet business expertise while the established businesses provide the products and services
offered and the related business acumen. For more information concerning JVWEB, please visit the
Company's website at www.jvweb.com

AMP3.COM is a privately held company based in Kingwood, Texas. As a pioneer in the arena of
digital music distribution over the Internet, AMP3.COM is poised to become one of the premier
music destinations on the Web. AMP3.COM's progressive vision, selection of music, artistic
relationships, strategic alliances and leading-edge technology contribute to superior music content for
the end-user. The company's website is www.amp3.com.

SDMI: The Secure Digital Music Initiative brings together the worldwide recording industry and
technology companies to develop an open, interoperable architecture and specification for digital
music security. The specification will answer consumer demand for convenient accessibility to quality
digital music, enable copyright protection for artists' work, and enable music companies to build
successful businesses. Additional information about SDMI can be found at www.sdmi.org.

Safe Harbor Statement: Certain matters discussed in this news release are forward-looking
statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of known and unknown risks and uncertainties
including, but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human and financial resources, which may
also cause actual results to differ materially from those expressed in any forward-looking statements
made by or on behalf of JVWEB.

Contact:

CONTACTS: DeMonte Associates, NY, NY
Cynthia DeMonte or Sean Leous
212/473-3700
Cdemonte@demonte.com or sleous@demonte.com

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JVWEB Inc (OTC BB:JVWB - news)
Related News Categories: computers, entertainment, internet

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