NeWave Receives Rough Cut of Infomercial

NeWave Receives Rough Cut of Infomercial

LONG BEACH, Calif., Aug. 8 /PRNewswire-FirstCall/ -- NeWave, Inc. (BULLETIN BOARD: NWWV) a leading online auction and e-commerce solutions provider, announced today that it has received the first 'rough cut' of its first ever TV infomercial from producer 'Dave Petitto Direct'. The initial rough version is now scheduled to be edited beginning the week of August 8.

NeWave CEO Michael Hill stated, "The production of our first infomercial has been quite an experience. Having received the initial rough copy, we are now looking forward to completing the editing process so we can begin broadcasting in test markets in September. We believe the launch of this major marketing initiative will lead to a surge in new 'onlinesupplier.com' memberships, ultimately resulting in a new plateau in recurring revenue growth for NeWave."

About Dave Petitto Direct

DPD was founded in 1999 by Dave Petitto to produce long form infomercials. Since that time, DPD has produced for industry leaders such Guthy-Renker and Home Shopping Network. Mr. Petitto spent 20 years as a mainstream television writer and producer at ABC, NBC, Columbia Pictures, Paramount Pictures and PBS. In 1990, he joined Quantum Marketing as VP of Production for Beverly Hills. In 1991, together with Quantum West Coast President Earl Greenburg, they launched HSN Entertainment. In 1996 Mr. Petitto joined Guthy-Renker as Director and of Product & Program Development.

About NeWave, Inc.

NeWave, Inc. is a leading online auction and e-commerce solutions provider which utilizes the internet to maximize the income potential of its customers through its subsidiary 'onlinesupplier.com'. 'onlinesupplier.com' offers organizations of all sizes the ability to create and manage website solutions and internet marketing necessary for e-commerce. Since inception in August of 2003, 'onlinesupplier.com' has serviced over 225,000 paid members.

To find out more about NeWave (BULLETIN BOARD: NWWV) , visit our websites at http://www.newave-inc.com/ and http://www.onlinesupplier.com/. The Company's public financial information and filings can be viewed at http://www.sec.gov/.

Forward Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Source: NeWave, Inc.

CONTACT: Michael Novielli, Chairman of NeWave, Inc.,
mnovielli@newave-inc.com, ph: +1-845-575-6770

Web site: http://www.newave-inc.com/

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