Thursday May 6, 6:51 pm Eastern Time
Company Press Release
JVWEB Enters Into Joint Venture to
Create iHomeline.com
Website To Target Largest Internet Market Segment -- Men & Women
Between the Ages of 29 to 59
HOUSTON--(BUSINESS WIRE)--May 6, 1999-- JVWEB, Inc. (OTC BB:JVWB) today
announced that the Company has entered into a joint venture to launch and deploy a new and unique
Internet site. The site, www.iHomeline.com, being formed in conjunction with radio home talk host
Jim Neidner, President of Neidner Construction/Remodeling Inc., featured in Remodeling Magazine,
Texas Builders Trend Magazine, Houston House and Home Magazine, targets one of the most
affluent consumer groups in the U.S - men and women between the ages of 29 to 59.
www.iHomeline.com will consist of numerous channels featuring home construction and related
disciplines including: home remodeling, new home construction, gardening, home/gardening products,
home buying and selling, energy tips, chat rooms, home care and maintenance, and a home/garden
broadcast online. The primary source of revenue is expected to be generated from the retail sale of
products offered from major manufacturers with whom the Company is presently in discussions.
JVWEB and Jim Neidner each own 50% ownership interest. Mr. Neidner, recently elected to the
Hall of Fame by Remodeling Magazine, has won several awards in building. Neidner's extensive
expertise in construction encompassing over 27 years will be complemented by JVWEB's online
execution and implemention for all of the joint venture's online requirements.
Greg Micek, President and CEO of JVWEB, commented, ''As JVWEB continues its aggressive
pursuit of e-commerce opportunities, we believe that this service and product offerings, spearheaded
by an industry leader, Jim Neidner, and empowered by the Company's Internet expertise, combines
to create a strong team.''
The Company is presently in negotiations regarding financing alternatives to fund the website and
expedite deployment.
JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's
objective is to build strategic Internet services 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.
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 uncertainities
including but not limited to, business-to-business opportunities on the Internet, the timeliness of
Internet development activities, as well as availability of human resources, which may cause actual
results to differ materially from those expressed in any forward-looking statements made by or on
behalf of JVWEB.
Contact:
DeMonte Associates, New York
Cynthia DeMonte or Sean Leous
212/473-3700
Cdemonte@demonte.com or sleous@demonte.com
Fax: 212-707-8668
More Quotes and News:
JVWEB Inc (OTC BB:JVWB - news)
Related News Categories: computers, construction, internet, retail
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