To: GC who wrote (737 ) 2/15/2000 12:07:00 PM From: GC Read Replies (1) | Respond to of 767
Tuesday February 15, 11:37 am Eastern Time Company Press Release JVWeb and 2Cs Strenghten Strategic Relationship NEW YORK--(BUSINESS WIRE)--Feb. 15, 2000--JVWeb, Inc., (OTC BB:JVWB) (OTC BB:JVWBW) a USA-based Strategic Internet Services Company, and 2Cs, a United Kingdom-based New Media Company, have agreed in principle, to pursue jointly a strategic initiative creating an e-commerce bridge connecting USA and European business and consumer communities. In a series of meetings recently concluded in 2Cs London offices, the parties have agreed in principle on a series of specific web-based projects involving electronic commerce and on-line branding. The relationship previously announced in April 1999, is significantly strengthened by the recent addition of Forty2c, which specialises in digital strategy and e-business development to the 2Cs team. The companies are initiating the preparation of definitive agreements on the specific projects discussed. Key components of this relationship include: 1. 2Cs and its partner Forty2c will give JVWeb access to UK and European markets for the JVWeb family of brands, which include: www.ihomeline.com, www.dadandme.com, www.linksxpress.com, its strategic alliance with Crosspointe, and a host of additional sites. 2. JVWeb will give 2Cs and its partner Forty2c access to the business planning, technical development and marketing activity carried out thus far in the USA in the development of these brands. Greg J. Micek, CEO of JVWeb stated ''Our relationship with 2Cs, as well as its partner Forty2c, opens up access to the entire European Community for our family of brands. JVWeb is excited to be associated with 2Cs and Forty2c. This strategic relationship continues to demonstrate our commitment to be the marketing specialist for the web.'' Charlie Grieve, CEO of 2Cs, said ''This strengthening of our strategic partnership with JVWeb further strengthens 2Cs presence in the areas of digital strategy, on and offline branding and e-business development and will allow us to draw on the experience of JVWeb in the US e-business market.'' ABOUT JVWeb JVWeb pursues electronic commerce opportunities over the Internet. The Company's objective is to build strategic Internet services 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. 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 jvweb.com . ABOUT 2Cs AND FORTY2C 2Cs Communications specializes in film, video, live events and digital business. 2Cs can be reached at www.2Cs.co.uk. 2Cs Communications recently launched Forty2c, a web and e business development agency in partnership with former senior creative, technical and business professionals from I-Cube firms acquired by Razorfish. The partnership of 2Cs and Forty2C allows the firms to offer end-to-end digital business solutions, including digital business strategy, creative design and technical development and implementation using in house resources. SAFE HARBOR STATEMENT Safe Harbor Act Notice: 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 cause actual results to differ materially from those expressed in any forward-looking statements made by or on behalf of JVWeb. -------------------------------------------------------------------------------- Contact: OHN Research Group, New York Jordan Ness, 212/764-3708