VentureNet Inc. Selected as One of 25 Companies Worldwide to Participate in Discovery Expo 2000
  TEMECULA, Calif.--(BUSINESS WIRE)--July 18, 2000--VentureNet Inc. (www.vntrnet.com, a Delaware Corp., ticker symbol:VNTN) Tuesday announced that it will be among 25 of the top growth companies in the world to gather Aug. 10 at Discovery Expo 2000. 
  The Expo brings together companies with high-profile growth fund managers, analysts, stockbrokers and sophisticated investors in a one-day event. Investors will have a chance to become acquainted with the products, top executives and future outlook of participating Nasdaq and OTC Bulletin Board listed firms whose stock represents opportunities for appreciation. 
  VentureNet specializes in providing financing and management expertise to pre-public and public emerging growth companies, demonstrating a high growth potential. The core of its business is bringing together companies and value seeking investors an opportunity for substantial returns, while helping the most promising companies realize their visions for the future. 
  VentureNet is a venture capital firm that specializes in funding early stage and first round financing for consumer and technology based companies. 
  For further information, contact Tammy Billington in shareholder relations at 909/693-1644. 
  Safe Harbor Statement 
  The foregoing news release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this news release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason. 
      CONTACT:  VentureNet Inc., Temecula               Tammy Billington (Shareholder Relations), 909/693-1644               E-mail: info@vntrnet.com |