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To: Joe Copia who wrote (69620)	11/3/2000 9:59:36 AM
From: Joe Copia	Respond to of 150070

(BSNS WIRE) Timebeat.com Completes Transition to Domestic Reporter and Anno Timebeat.com Completes Transition to Domestic Reporter and Announces New Trading Symbol TMBTF Business/Technology Editors NEW YORK--(BUSINESS WIRE)--Nov. 3, 2000--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 it has completed the necessary SEC filings on Form 10KSB and Form 10Q in order to complete the transition from a foreign filer to a domestic filer. Effective today, Timebeat.com's trading symbol has changed from TMBTE to TMBTF. On October 6, 2000, Timebeat.com announced its intention to change from a foreign issuer to a domestic reporting issuer. The Company has completed this process, which includes filing its annual and quarterly reports electronically via EDGAR to the SEC. Timebeat.com's March 31, 2000 SEC form 10K and June 30, 2000 SEC form 10Q are now available online at www.freeedgar.com. Timebeat.com Chairman Thomas L. Crom stated, "The transition to domestic filer expedites Timebeat.com's regulatory filing process and provides our shareholders and potential investors immediate access to our SEC filings via the electronic system on Edgar." Timebeat.com is a dynamic Internet company focused on the design and operation of interactive websites in growing, niche markets. Timebeat.com (www.timebeat.com) is the Company's premier e-commerce interactive website retailing designer watches, fine and estate jewelry, collectibles and giftware from the world's most recognized manufacturers. Timebeat.com features an industry-first online auction component that offers an exclusive CAP (certified, authenticated, and pre-owned) plan, a unique program designed to protect buyers and sellers of online auction goods. Timebeat4teens.com targets the fastest-growing segment to move online- the teen market. Timebeat4teens offers a wide range of products and services, including apparel, footwear, accessories, chat rooms, travel packages, and online fashion shows. 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--af/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