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To: Joe Copia who wrote (65302)	9/28/2000 8:50:45 AM
From: Joe Copia	Respond to of 150070

TMBTF. A very special auction site. 1 of a kind: (BSNS WIRE) Timebeat.com Launches Auction Site Timebeat.com Launches Auction Site NEW YORK--(BUSINESS WIRE)--Sept. 28, 2000--Timebeat.com Enterprises Inc. (OTCBB: TMBTF, CDNX:TBE), the premier retailer of the world's most renowned names in the jewelry, timepieces and giftware, announced today it launched its auction site, thereby entering the billion dollar-plus online auction arena. Timebeat will be the first in the world to offer authentication of timepieces, jewelry, and special products through an online auction. Through the Company's affiliation with Watch Central Repair, Timebeat will offer a 12-month assurance guarantee for buyers that will increase their confidence in making a purchase and remove any doubts consumers may have in placing fine jewelry and upscale watches on the Internet auction block. Unlike eBay (NASDAQ: EBAY) and Yahoo! Auctions (NASDAQ: YHOO), Timebeat will authenticate the product through its New York office. The authenticated product will be issued a certificate of authenticity. The buyer will be able to see an independent appraisal of the item he/she is buying on the auction site. If the buyer is not satisfied with his/her purchase, he/she will be fully refunded without any problems or hassles. Timebeat.com's auction site is designed to take away all questions consumers may have associated with fraud, authentication or quality of purchase. Together with Watch Central Repair, Timebeat.com will provide the highest level of customer service available on the Web today. As part of the Company's grand opening promotion, for a limited time all listing fees for the auction site will be waived. Complete details and rules will be furnished as part of 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 otcfn.com and timebeat.com --30--ks/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