Wednesday March 29, 7:02 am Eastern Time
Company Press Release
JVWEB'S Fee-for-Service Strategy: Ecommerce Solutions, 24/7/365 Technical Response and Global Implementation
HOUSTON--(BUSINESS WIRE)--March 29, 2000--JVWEB, Inc. (OTCBB:JVWB - news) JVWEB announced today that it has engaged the services of Houston-based B2B marketer Building Enterprises, Inc. to mount a significant sales campaign directed toward the 100,000+ businesses in Harris County, Texas in need of critical browser-based communication capabilities. Harris County, Texas is among the largest counties in America for technical and manufacturing enterprises and JVWEB has chosen to add Building Enterprises to its sales team because of their proven success in business and relationship building in the technical and manufacturing sectors like the dominant petrochemical industry in Houston.``
Under the Fee-For-Service division, Building Enterprises, Inc. will introduce JVWEB's Crisis Communications, Disaster Recovery, and Web Development/Hosting programs through BE's exclusive sales force. Using BE's 10% historical success rate benchmark, their relationship marketing advisors are expected to attract revenues between thirty and sixty thousand dollars during the first ninety days of JVWEB's services division marketing campaign and should reflect positively on JVWEB's June 30 year-end results if this program is executed successfully. JVWeb has recently introduced their services division capability to cater to technical/manufacturing operators who need secure, more effective communications to their stakeholders. JVWEB believes current communications in the manufacturing /technical industries' to be most critical in the areas of service and quality.
JVWEB's crisis-communications.com offers technical/manufacturing operators a secure, multi-channel browser-based communication capability absolutely necessary, and most often neglected, during a crisis event. Crisis-communications.com is a step-by-step intranet and extranet service program designed to swiftly and efficiently manage a corporation's response to a host of company-related disasters. In addition, JVWEB is partnered with experts in the crisis and disaster recovery industry to ensure timely and focused execution of these programs.
Greg Micek, CEO of JVWEB INC stated, ``All of our communications to JVWEB shareholders during year 2000 have pertained thus far only to our equities divisions, such as LinksExpress, CrosspointeNet and iHomeLine. This is our first opportunity this year to showcase our fee-for-service division, which is supported by our co-hosted server backbone facility located in North America. According to Forrester Research, business-to-business ecommerce is expected to grow to 2.7 trillion dollars by 2004. JVWEB believes that it can capture a niche share of the services required to address this market by melding its consulting, development and design business with its significant hosting capabilities to provide the backbone necessary to carry out the above support services. While our equities division has provided much of the recent stir from our shareholders in terms of corporate finance opportunities, JVWEB will benefit greatly from the revenues our fee-for-services opportunities. Our first priority was to build an Internet strategy for JVWEB. With that strategy having been so well received, we now feel we have the credibility to offer our strategic capabilities through BE's campaign.'
Buddy Rhodes, CEO of Building Enterprises elaborated. ``Throughout the ten years that BE has focused on the technical and manufacturing petrochemical industry in Houston, we have found these industries to be always looking for cutting-edge technology solutions because of the risks associated with their operations in terms of readiness for efficient and effective communications during times of a crisis. BE's technical consulting experience teamed with JVWEB's web-based crisis programs gives all stakeholders of a crisis access to information that can save time, money and possibly lives. We are very pleased to be part of the JVWEB fee-for-service team.'
ABOUT JVWEB
JVWEB pursues 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. 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.
About Building Enterprises
Since 1982, Building Enterprises has specialized in customized telephone sales services focusing on relationship building and team selling. While BE initially specialized in highly technical industrial marketing, the company has expanded their services to include business to business marketing for all types of businesses locally and nationally.
SAFE HARBOR STATEMENT
Except for historical information, the matters set forth herein which are forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, the level of business and consumer spending for computer software, the market acceptance and amount of sales of the Company's products, the extent that the Company's direct marketing operations achieve a satisfactory response rates, the ability of the Company to obtain sufficient supplies of marketable products, the competitive environment with the computer software and direct mail industries, the Company's ability to raise additional capital, the extent and cost-effectiveness with which the Company is able to develop, acquire or license marketable products, and the market acceptance and successful technical and economic implementation of the Company's Internet programs. Investors are directed to consider other risks and uncertainties in documents filed by the Company with the Securities and Exchange Commission.
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Contact:
Equity Communications, New York
Robert Schechter, President 212/499-6809 |
