To: Mike who wrote (66 ) 9/6/2000 9:51:04 AM From: Joe Copia Read Replies (4) | Respond to of 87 Timebeat.com Fine Jewelry and Watch Internet Auction Site Grand Opening On September 28, 2000 NEW YORK--(BUSINESS WIRE)--Sept. 6, 2000-- --Site offers exclusive consumer protection program-- Timebeat.com Enterprises Inc. (OTC BB:TMBTF; CDNX:TBE), the premier online retailer of the world's most renowned names in fine jewelry, timepieces and giftware, announced today that on September 28, 2000 the Company will unveil its online watch and jewelry auction site. Timebeat's online auction site has been designed to remove any doubts that consumers may have in making and placing fine jewelry and upscale watches on the Internet auction block. The site differs from comparable sites such as eBay (NASDAQ: EBAY) and Yahoo! Auctions (NASDAQ: YHOO) because it features Timebeat's exclusive CAP (certified, authenticated pre-owned) Program, a unique program which sets forth a series of guidelines for the buyer and seller designed to protect both parties. "The CAP program creates a win-win situation for the buyer and seller because each party is acting with the added assurance of our Company's extensive expertise," said Alex Vileshin, president of Timebeat.com. "While many sites simply feature `Buyer Beware,' Timebeat goes further by offering a 12-month assurance guarantee." As part of the site's grand opening promotion, all listing fees for the site will be waived. Complete details of the website will be available at the unveiling. Timebeat.com is a dynamic Internet company focused on the design and operation of premier interactive websites. Timebeat.com is the premier e-commerce interactive website retailing designer watches, fine and estate jewelry, collectibles and giftware from the world's most recognized manufacturers. Timebeat provides an outstanding shopping experience either online or by telephone (1-877-TIMEBEA) where specialized watch experts are available for consultation. 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. For further information, see www.otcfn.com/tmbtf and www.timebeat.com CONTACT: OTC Financial Network Timebeat.com Enterprises John McElligott Barry Girling 888-765-5355 800-545-5787 jmac@otcfn.com wbg@agcgold.com