To: Bigscore who wrote (613 ) 6/9/1999 7:01:00 AM From: GC Respond to of 767
Monday June 7, 7:33 am Eastern Time Company Press Release JVWEB Director Attends Tokyo SDMI Industry Forum HOUSTON--(BUSINESS WIRE)--June 7, 1999--JVWEB Inc. (OTCBB:JVWB - news) announced today Louis A. Ferro, Director of Internet Strategies, for JVWEB will represent the Company and AMP3.COM at the Secure Digital Music Industry Forum in Tokyo, Japan. Mr. Ferro will participate in both the Functional Requirements Working Group and The Portable Devices Working Group sessions. Greg Micek, President and CEO of JVWEB stated, ''Both JVWEB and AMP3.COM will continue to seek additional opportunities and joint ventures with leaders in the music and software industries. Having representatives at prestigious industry forums such as SDMI, will allow JVWEB/AMP3.COM to remain current with emerging technologies and the rapidly expanding digital music market.'' JVWEB was formed to pursue electronic commerce opportunities over the Internet. The Company's objective is to build a strategic Internet services capability 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 in need. 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 AMP3.COM is a privately held company based in Kingwood, Texas. As a pioneer in the arena of digital music distribution over the Internet, AMP3.COM is poised to become one of the premier music destinations on the Web. AMP3.COM's progressive vision, selection of music, artistic relationships, strategic alliances and leading-edge technology contribute to superior music content for the end-user. The company's website is www.amp3.com. SDMI: The Secure Digital Music Initiative brings together the worldwide recording industry and technology companies to develop an open, interoperable architecture and specification for digital music security. The specification will answer consumer demand for convenient accessibility to quality digital music, enable copyright protection for artists' work, and enable music companies to build successful businesses. Additional information about SDMI can be found at www.sdmi.org. Safe Harbor Statement: Certain matters discussed in this news release are forward-looking statements, as it is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to a number of known and unknown risks and uncertainties including, but not limited to, business-to-business opportunities on the Internet, the timeliness of Internet development activities, as well as availability of human and financial resources, which may also cause actual results to differ materially from those expressed in any forward-looking statements made by or on behalf of JVWEB. Contact: CONTACTS: DeMonte Associates, NY, NY Cynthia DeMonte or Sean Leous 212/473-3700 Cdemonte@demonte.com or sleous@demonte.com