To: KiddStock who wrote (33 ) 12/10/1998 10:53:00 AM From: Jeff Read Replies (1) | Respond to of 767
press release ---------------------------------------------------------------------- Company Press Release JV WEB Expands Nationally HOUSTON--(BUSINESS WIRE)--December 10, 1998--JV WEB Inc. (OTC BB: JVWB) announced the relocation of its Internet hosting site to Phoenix, Arizona. This relocation is expected to be fully operational during the first quarter of 1999. ''This relocation meets every objective we originally established when we decided to internalize our web-hosting capabilities,'' stated Kevin Dotson, Chief Technology Officer of JV WEB. ''Our business strategy for long-term growth includes utilizing a platform which could expand rapidly on both a domestic and international basis. A critical issue concerning the relocation is the low capital cost this site offers.'' Greg Micek, Chief Executive Officer, stated: ''In addition, we are concluding talks to open two satellite offices on both coasts. We are seeking to add branches in New York City and the San Francisco Bay Area, in order to expand our presence in these critical centers of technology and finance.'' For more information concerning JV WEB, please visit the company's website at www.JVWEB.com. 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 timelines 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 on or behalf of JV WEB. ----------------------------------------------------------------