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To: WhipsawMcGraw who wrote ()7/2/1999 1:47:00 PM
From: WhipsawMcGraw   of 1
 
Friday July 2, 7:00 am Eastern Time

Company Press Release

SOURCE: Deerbrook Publishing Group

Artup.com and Artist Russell Chatham Sign Limited Edition Deal

Internet Art Auction Site to Exclusively Offer Two Limited Edition Original Paintings on Artup.com

PHOENIX, July 2 /PRNewswire/ -- Deerbrook Publishing Group (OTC Bulletin Board: DBPG - news) has announced that the Internet art e-commerce site, www.artup.com, has signed artist Russell Chatham to an exclusive distributorship for two of the artist's original works. One will be a specially created original lithograph in an edition of 550, with a deluxe edition of 150. The second will be an original oil painting commissioned by artup.com. Keith Chesser, CEO of Deerbrook Publishing Group says, ''We feel that offering art of this high quality is an exciting way to launch our unique and revolutionary e-commerce site.'' We are especially proud of the fact that ''artup.com'' will appear as a dedication next to the number on each signed print as a symbol of our position on the cutting edge of art marketed through modern technology.'' Artup.com is expected to revolutionize the art industry. The artup.com network will utilize the mass distribution of the Internet to market products from the art industry.

Russell Chatham works in his studio on the outskirts of the Yellowstone National Park in Livingston, Montana. His work has long been associated with the Great Northwest but his images have transcended regionalism and found a prominent place on the national scene. He has been profiled in Esquire, Southwest Art, People, U.S. Art, Antiques and Fine Art, Architectural Digest, Smart, The Denver Post, The San Francisco Chronicle, The San Francisco Examiner, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Seattle Times, The Associated Press, National Public Radio's Morning Edition and Fresh Air, PBS and CBS Sunday Morning.

Artup.com is creating a network for the art industry. The key to the network is the ability to find information about artists and art-related products. Artup.com will function as a reseller for the artists, galleries and individuals that display artwork on the site. Artup.com network is offering two Chatham works and have the exclusive rights to this series. Artup.com is currently taking indication of interest for the Russell Chatham originals, but details are not being released. Through the Internet's worldwide distribution capabilities, artup.com has the potential to bring together more buyers and sellers of art objects than ever before. This presents an excellent opportunity for cross marketing programs with strategic partners, and artup.com is seeking out companies offering complementary products and services.

The parent of artup.com, Deerbrook Publishing, is a highly regarded publisher of quality limited edition prints. The companies established relationships within the art community would assist artup.com as it works to launch the site this summer and establish itself as a brand. Deerbrook Publishing, Inc. was incorporated in Colorado in March of 1997. The company's three subsidiaries are Signature Edition, Inc. an art publishing division, Cimarron Studio, Inc. a printing division and Deerbrook Online the art auction and retail division formerly known as Enterarts/Interarts, Inc.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to potential mergers and the effect of those mergers on the prospects of the company.

Actual results may differ materially due to a number of risks, including the uncertainty of completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities.

The material contained herein has been obtained from sources believed to be reliable, but is not complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or meet the investment needs of any particular investor or designed to be the basis of any investment decisions. For further information, contact Investor Relations, 602-437-8888, fax 602-437-2845, or email ir@artup.com.

SOURCE: Deerbrook Publishing Group
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