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Technology Stocks : e-Commerce Cats and Dogs

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To: jjs_ynot who wrote (224)12/30/1998 3:31:00 PM
From: DWEB IR  Read Replies (1) of 312
 
DynamicWeb Enterprises, Inc. Retains KCSA Worldwide for Investor Relations

FAIRFIELD, N.J.--(BUSINESS WIRE)--Dec. 30, 1998--DynamicWeb
Enterprises, Inc. (OTC: DWEB - news) today announced it has retained KCSA Worldwide Public Relations, a New York-based public relations firm, to support the Company in the area of investor and financial public relations.

Commenting on the appointment, Steve Vanechanos, Jr., DynamicWebs's President and Chief Executive Officer, said, ''With the growing interest in the Internet as an extension of Electronic Data Interchange (EDI), we believe it is the appropriate time to convey our message to the investment community. With KCSA's broad investor relations experience, and their specific expertise in these interrelated areas of the Internet and EDI, they will aid us in communicating our story and our long-term strategy more aggressively to the financial community and the public. Their activities on behalf of such Internet, E-Commerce companies such as Greg Manning Auctions, Inc. (NASDAQ: GMAI - news) have convinced us that they will be able to expose our Company to the appropriate audiences.''

KCSA Public Relations Worldwide is a leading public and investor relations firm with practice areas including public relations, investor relations, corporate and marketing communications, and design and graphics. KCSA is the U.S. partner of European Communication Partners, a network of public relations firms in EEC countries and Canada, and the U.S. member of IR Asia-Pacific Ltd., the world's first network of independent investor relations consultancies uniting the Far East, North America and Europe. The firm also has strategic alliances with firms in Australia, Israel and Russia.

Located in Fairfield, NJ, DynamicWeb Enterprises, Inc. is a leading provider of Internet services and software for enabling business-to-business electronic commerce. DynamicWeb's EDIxchangeBuy provides an Internet-based electronic commerce solution for Fortune 1000 companies that expands EDI participation and compliance with their suppliers, including such companies as Southern New England Telephone (NYSE: SBC - news), Rite Aid Corporation (NYSE: RAD - news) and Linens'N Things (NYSE: LIN - news). DynamicWeb also provides EDIxchange, a complete turnkey EDI outsourcing service. EDIxchange customers include Russ Berrie (NYSE: RUS - news) and Church & Dwight Co., Inc. (NYSE: CHD - news).

This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in DynamicWeb's filings and reports with the securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.

This release is available on the KCSA Public Relations Worldwide website at www.kcsa.com.

Contact:

DynamicWeb Enterprises, Inc.
Steve Vanechanos Jr., President and CEO
(973) 244-1000
or
KCSA Worldwide
Robert Giordano/Joseph A. Mansi
(212) 682-6300, ext. 289/205

Wednesday December 30, 2:26 pm Eastern Time

Company Press Release
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