To: David Michaud who wrote (15 ) 12/23/1998 2:23:00 AM From: Jeff Respond to of 30
here's my pick........ JVWB.........why? .........because they have gone from nothing.......to this.....with more news to come.........and only a 380,000k float!!! 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. ---------------------------------------------------------------- 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