Timebeat.com Showcased On Major Wedding Resource Website; —WeddingNetwork.com Online Shopping Registry Features Timebeat.com

Business Wire, Feb 9, 2000

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--Feb. 9, 2000

Timebeat.com Enterprises Inc. (OTC BB: TMBTF; CDNX: TBE) (http://www.timebeat.com), a premium online retailer of the world's most renowned names in watches, jewelry and giftware, announced today it has signed an agreement with WeddingNetwork.com, one of the leading online resources for wedding gifts.

The Timebeat.com website will be available through a link on the www.WeddingNetwork.com site. Thomas L. Crom, Chairman of Timebeat said, &uot;Our strategic alliance with the Wedding Network will reach a new target audience, those searching for wedding gifts. Our exquisite line of fine watches and other merchandise provides the perfect complement to the WeddingNetwork and should spur additional sales on our e-commerce site.&uot;

Timebeat.com Vice President of Marketing Michael Fomkin commented, &uot;We anticipate our listing on the WeddingNetwork.com will attribute to an additional $3 million in annual e-commerce sales.&uot;

About WeddingNetwork.com

WeddingNetwork.com is a comprehensive online wedding resource designed to help engaged couples plan unique wedding celebrations. The site offers the convenience and selection of online gift registry, featuring over 100,000 products from more than 100 retailers. Couples can find information on local resources such as photographers, florists and caterers and receive unbiased advice and tips from a live online bridal consultant.

About Timebeat.com

Timebeat.com is a dynamic Internet company focused on the design and operation of a 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 our watch experts can help you decide what watch to purchase.

Timebeat.com also offers an outstanding trade-in policy, which allows customers the opportunity to trade their older watch for a new watch. Trade-in watches will be serviced, warranted and sold on the Company's soon to open auction site. All offerings will be inspected by leading experts in the industry and are fully warranteed. For more information, visit www.timebeat.com.

Forward-looking statements in this release are made pursuant to the &uot;safe harbor&uot; 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.