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Microcap & Penny Stocks : EDUV - Eduverse.com

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To: Ron Struthers who wrote (498)5/2/2000 9:27:00 AM
From: Rocky510  Read Replies (2) of 515
 
eduverse.com and Acer Partner to Deliver English as a Foreign Language
Content on Asia's First Knowledge Portal -- 1to80.com

RENO, Nev., May 2, 2000 (BUSINESS WIRE) -- eduverse.com(TM) (OTCBB:EDUV), a
leading English as a Second Language online educational publisher, today
announced that it has signed an agreement with 1to80.com (www.1to80.com) --
Asia's First Knowledge Portal -- to provide co-branded English as a Foreign
Language content to 1to80.com users.

Acer Digital Services Group (ADSG), the Internet headquarters of the Acer Group,
develops 1to80.com.

Under the terms of the agreement, eduverse.com will provide 1to80.com with its
current and future online educational software. eduverse.com's products will be
localized into simplified and traditional Chinese text for the 1to80.com web
sites in Greater China. However, 1to80.com's web sites in ASEAN countries will
offer the courses in English.

1to80.com provides students, corporations and learning individuals with numerous
on-line education and training courses. It is tapping the vast business
opportunities in today's digital age and provides users with the most updated
learning-related products, services and technologies.

"1to80.com has been aggregating the best of online educational content for their
knowledge portal," stated Mark Bruk, President and CEO of eduverse.com. "We are
delighted to have been chosen as a content provider for 1to80.com. This
agreement will significantly expand the reach of eduverse.com products
throughout Asia."

"Spoken English is becoming synergistic with career success in Asia," stated Ms.
Ann Liu, President of 1to80.com. "Our partnership with eduverse.com allows
1to80.com to provide this important aspect of career training to our users for
free."

About 1to80.com International

1to80.com, the lifelong learning web site, is Asia's First Knowledge portal. It
fulfils all desire for learning anytime, anywhere, offering a wealth of
educational and training content, as well as exciting and interactive web
activities. The company is headquartered in Singapore. Additional information is
available at www.1to80.com.

About ADSG

Acer Digital Services Group (ADSG) was established to consolidate the Acer
Group's Internet-related business with a focus on investing in and developing
digital services and content for use in education, entertainment and e-commerce.
Leveraging on the brand reputation, technological know-how and regional
distribution network of the Acer Group, ADSG is poised to become the leading
regional Digital Services provider in Asia and the Greater China region.

About the Acer Group

Established in 1976, Acer is the world's third-largest PC manufacturer, offering
a broad selection of industry-leading high-end servers, multimedia PCs,
notebooks, computer peripherals, components and semiconductors. The Acer Group
employs more than 32,000 people in 120 enterprises spanning 37 countries
worldwide, supporting dealers and distributors in over 100 countries. Acer Group
revenues in 1999 were US$8.5 billion. For more information about the Acer Group,
please visit our web site at acer.com.

About eduverse.com

eduverse.com is a provider of superior quality online educational programs for
use in school systems around the world. With proprietary technology,
eduverse.com has developed a revenue model that allows corporations to place
their advertisements in front of select student audiences. The Company also
makes its educational products available from its global web site at
www.freeENGLISH.com. eduverse.com is based in Reno, Nevada. For more information
on the Company, call 604/623-4864 or visit the Company's corporate web site at
www.eduverse.com or email info@eduverse.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Some information included in this press release
contains statements that are forward-looking. Such forward-looking information
involves significant risks and uncertainties that could affect anticipated
results in the future and, accordingly, these results may differ materially from
those expressed in any forward-looking statements made by or on behalf of the
company. For a description of additional risks and uncertainties, please refer
to the company's filings with the Securities and Exchange Commission.

Distributed via COMTEX.

Copyright (C) 2000 Business Wire. All rights reserved.

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CONTACT: Investor Communications International, Inc.
Gary Powers, 800/209-2260
360/332-1644
investor@investorcomm.com

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