To: KiddStock who wrote (56 ) 12/22/1998 10:56:00 AM From: Whiskeyj Read Replies (1) | Respond to of 767
NEWS OUT TODAY.22 Dec.........
( BW)(JV-WEB)(JVWB) JV WEB Signs International Contract for Web Hosting
Services; Consummates Agreement with European Government Agency
Business and Technology Editors
HOUSTON--(BUSINESS WIRE)--Dec. 22, 1998--JV WEB Inc. (OTC BB: JVWB)
today announced the Company has acquired its first international client.
The Company concurrently announced that it will serve as a provider of
web hosting services to a major European Government Agency. Terms of the
agreement were not disclosed at this time.
Greg Micek, President and CEO of JV WEB stated: "Following our
recent announced opening of a web hosting facility, we are most
enthusiastic about our rapid entry into the international market,
especially providing service to a governmental agency. Our strategic
alliance with U.K-based Heitmann S.A.C. (a wholly-owned subsidiary of
Lernout En Hauspie (NASDAQ:LHSPF), heightens awareness of the companies
joint capabilities, and provides marketing capabilities to an
international clientele."
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.
--30--es/ny*
CONTACTS: DeMonte Associates, New York
Cynthia DeMonte or Sean Leous
212/473-3700
cdemonte@aol.com or sleous5456@aol.com
fax: 212/707-8668
KEYWORD: NEW YORK
INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET