HOUSTON--(BUSINESS WIRE)--April 25, 2000--JVWeb, Inc. (OTCBB:JVWB
- news, JVWBW - news) a leading Internet strategy company, announced
today that they have acquired the majority interest in a suite of
sweepstakes entertainment and information related media products from
a private party. The venture also includes, as the media partner,
NewsUSA,  newsusa.com , an "information placement" company. The
products are designed to provide forums for discussion and discovery
within the sweepstakes community in an entertaining environment. The
terms of the transaction involve the issuance of up to 1,500,000
shares of JVWeb common stock, subject to certain performance criteria,
and the seller retains a one-third interest in the on-going business.
     The key components of the deal are as follows: A radio talk-show
format called The National Sweepstakes Show, to be broadcast as a
vignette over radio station networks, a national monthly newspaper
supplement to be called Sweepstakes News, and World Wide Web domain
names connected by a common branding theme, including:
www.nationalsweepstakesshow.com,  sweepstakesnews.com , among
others.
     The National Show previously appeared on over 132 radio stations
and Sweepstakes News has had a circulation to over 1.2 million homes.
The radio show and newspaper insert are intended to provide viewers
with information about how to enter for free many of the sweepstakes
promotions initiated by various sponsors. It is estimated that about
500 new sweepstakes commence each month in the U.S. each year. There
will be a website where viewers can enter all of these sweepstakes for
free without the cost of postage.