(BSNS WIRE) Timebeat.com's Subsidiary Watchzone.net Receives Highest Rat
Timebeat.com's Subsidiary Watchzone.net Receives Highest Rating From GO.com and
Establishes Affiliation With Amazon.com
Business/Technology Editors
NEW YORK--(BUSINESS WIRE)--Jan. 24, 2000--Timebeat.com
Enterprises Inc. (OTC BB: TMBTF; CDNX: TBE) (http://www.timebeat.com),
a premium online retailer of the world's most renowned names in
watches, jewelry and giftware, announced today its wholly-owned
subsidiary Watchzone.net has received the highest possible ranking
(three stars) in the watch category of leading search engine GO.com
(NYSE: GO).
GO.com commented that Watchzone.net is "dedicated to bringing
together watch and clock resources for products, services, information
and companies on the World Wide Web."
Terry L. Allison, President of Watchzone.net, stated, "We are
extremely pleased to receive the highest rating from GO.com, which is
one of the most visited websites on the Internet. This rating should
help drive Watchzone.net's reputation as the premier place to obtain
online watch-related information. We plan to leverage our increased
visibility to develop additional Internet alliances."
The Company also announced it has established an association with
Amazon.com (Nasdaq:AMZN) to create a Watchzone.net bookstore that will
offer watch related books and magazines. A link from the Watchzone.net
website will be developed that directs visitors to a comprehensive
selection provided by Amazon.com.
Timebeat.com Chairman Thomas L. Crom stated, "We are excited to
continue to expand our presence on the Web. Coupled with our recent
recognition on America Online (NASDAQ: AOL), which selected Timebeat
as #1 for watches, we have increased our exposure to over 40 million
persons on a monthly basis."
About GO.com
GO.com is the result of a November 1999 merger between Infoseek
Corporation and The Walt Disney Company's online unit, Buena Vista
Internet Group. As part of this transaction, a new class of equity was
created - GO.com (NYSE: GO).
Headed by Chairman Steve Bornstein, GO.com oversees many of the
Web's most popular sites and services, including the GO Network
portal, ABC.com, ABCNEWS.com, Disney.com, DisneyStore.com,
toysmart.com, ESPN.com, ESPNstore.com, NFL.com, NBA.com,
Soccernet.com, Family.com, and Mr. Showbiz. The Company is
headquartered in North Hollywood, CA, with operations in Sunnyvale,
CA, Seattle, WA, New York, NY, and London, England.
About Amazon.com
Amazon.com (Amazon.com, Inc. and its subsidiaries) is the
Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer.
Amazon.com (Nasdaq:AMZN) opened its virtual doors on the World Wide
Web in July 1995 and today offers Earth's Biggest Selection with
online auctions and free electronic greeting cards. Amazon.com lists
more than 18 million unique items in categories including books, CDs,
toys, electronics, videos, DVDs, home improvement products, software,
and video games. Through Amazon.com zShops, any business or individual
can sell virtually anything to Amazon.com's more than 13 million
customers, and with Amazon.com Payments, any seller can accept credit
card transactions, avoiding the hassles of offline payments.
About Watchzone.net
Watchzone.net was acquired by Timebeat in 1999 and provides the
serious watch collector the means to exchange information about
watches. Watchzone current receives over 11,000 visitors per day and
provides over 200,000 pages of information per month to its visitors.
Watchzone has experienced watch collectors who moderate its chat rooms
which include over 20 major watch manufacturers, news rooms and other
forums.
About Timebeat.com
Timebeat.com is a dynamic Internet company focused on the design
and operation of a premier e-commerce interactive website retailing
top name-brand designer watches, fine and estate jewelry, collectibles
and giftware from the world's most recognized manufacturers. All
offerings will be inspected by leading experts in the industry and are
fully warranteed. For more information, visit www.timebeat.com.
For further information, see www.otcfn.com/tmbtf and
www.timebeat.com
Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without
limitation, possible changes in cost of materials, expense items,
capital expenditures, capital structure, and other financial items;
introduction of new products and possible acquisitions of assets or
businesses; possible actions by customers, suppliers, competitors,
regulatory authorities; and other risks detailed from time to time in
the Company's periodic reports filed with the Securities and Exchange
Commission.
--30--dp/bos*
CONTACT: OTC Financial Network
John McElligott, 888-765-5355
jmac@otcfn.com
or
Timebeat.com Enterprises
Barry Girling, 800-545-5787
wbg@agcgold.com
KEYWORD: NEW YORK
INDUSTRY KEYWORD: INTERNET E-COMMERCE
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