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Technology Stocks : TMBTF TIMEBEAT ENTERPRISES INC.

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To: Mike who wrote (54)3/1/2000 2:25:00 AM
From: ERRAFF  Read Replies (1) of 87
 
I don?t know about the rest of you but I like today?s release. Help me read it!

. Tuesday February 29, 9:39 am Eastern Time

Company Press Release

Timebeat.com Begins Negotiations for Exclusive Distribution Agreement With Italian Jewelry Manufacturer
Also Acquiring New Jewelry Lines


NEW YORK--(BUSINESS WIRE)--Feb. 29, 2000--Timebeat.com Enterprises (OTC BB:TMBTF - news; CDNX:TBE - news), formerly known as AGC Americas Gold Corp., announced today it is negotiating an exclusive distribution agreement with an established Italian designer and manufacturer of gold jewelry.

If any of you have ever purchased Italian jewelry you can appreciate the quality and workmanship. Bit partial myself I was born there. But truly, I have a family jeweler I visit when a close friend. The pride Italians take in their Jewelry is top shelf!

Alex Vileshin, President of Timebeat.com, stated, ``Our extensive contacts and expertise in the jewelry industry has afforded Timebeat.com the opportunity to become an exclusive distributor for an Italian company that has over 15 years experience designing and marketing high-quality jewelry throughout Europe.'
Some people squawked about wanting to see numbers! Do you people understand the power and the worth of the paragraph below? THIS IS INSTANT WORLD WIDE RECOGNITION OF T$MEBEAT! That means anybody, Ashford, Ebay, Amazon, Ubid, Macys, Sax Fifth Avenue, Cardiet, Name them all. If they want this EXCLUSIVE LINE they got to come to T$MEBEAT!!!!!!

``Our negotiations include being designated as the sole distributor of the manufacturer's products throughout North America, Canada, and the Caribbean. These products will be sold through major retail outlets as well as selective department stores.'

Now see if you can read between the lines in the next paragraph! ,?AS WELL AS UTILIZE MORE CONVENTIONAL OUTLETS TO MAXIIMIZE OUR REACH TO THE CONSUMER MARKET.?

Vileshin continued, ``We plan to leverage our e-commerce website to promote and distribute the merchandise as well as utilize more conventional outlets to maximize our reach to the consumer market.'
``We have also acquired new lines of assorted, exquisite jewelry from several Italian jewelry manufacturers and designers. The newly acquired merchandise will be integrated into our e-commerce website,' further noted Vileshin

What does the next paragraph mean? It?s simple while Ash is losing distribution rights; we are making BOLD AND INDUSTRY SETTING STANDARS that make every manufacturer including high-end watch manufacturers KNOCK on Mr. Vileshin?s exclusive NEW T$MEBEAT Venetian doors. Nice work Alex!

``Our ability to attract strategic acquisitions and alliances throughout the U.S. and abroad is positioning Timebeat.com ahead of the competition. By providing the latest and most comprehensive selection of merchandise, we will be able to service our existing customers and capture new markets,' Vileshin added.
About Timebeat.com
Timebeat.com is a dynamic Internet company focused on the design and operation of a premier e-commerce interactive website retailing designer watches, fine and estate jewelry, collectibles and giftware from the world's most recognized manufacturers. Timebeat provides an outstanding shopping experience either online or by telephone (1-877-TIMEBEA) where specialized watch experts are available for consultation.
Timebeat's site has been recognized by Yahoo! Inc (Nasdaq:YHOO - news), selected as an ``Editor's Choice' for watches by America Online (Nasdaq:AOL - news) and given the highest rating by the Go Network (NYSE:GO - news).
Forward-looking statements in this release are made pursuant to the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, possible changes in cost of materials, expense items, capital expenditures, capital structure, and other financial items; introduction of new products and possible acquisitions of assets or businesses; possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
For further information, see www.otcfn.com/tmbtf and www.timebeat.com

Contact:

OTC Financial Network
John McElligott
888-765-5355
jmac@otcfn.com
or
Timebeat.com Enterprises
Barry Girling
800-545-5787
wbg@agcgold.com
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