TravelMax International Reaches Agreement With KJD Advertising for Infomercial and National Marketing Program; NETW Subsidiary Expects Infomercial to Drive First Quarter Sales.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 16, 1999--

NETWORK HOLDINGS INTERNATIONAL, INC. (OTC BB: NETW) announced today that TravelMax International, Inc., currently NETW's largest subsidiary company, has entered into a Video Production and National TV Marketing Agreement with KJD Advertising, Inc., of Vorhees, New Jersey.

The agreement is effective immediately and, according to KJD Advertising executive, Larry Scott, planning for the production and promotional marketing of the infomercial is already underway. Terms of the agreement were not disclosed. However, according to James C. Healy, Executive Vice President of Network Holdings International, this is very much a shared venture with costs and projected revenue shared by both companies.

Healy said, "We are excited about the potential of this agreement with KJD Advertising and believe they produce a quality video presentation that is professional, informative and sells. While increasing product and travel sales through the TV medium is our first goal, of course, right behind that is the importance of increasing our corporate identity in the marketplace. This should help noticeably and we expect the production to be airing by first quarter, 2000. Lastly, we expect this infomercial and marketing campaign supporting it to benefit the sales and corporate identities of other NETW subsidiaries to a lesser extent," Healy concluded."

Larry Scott, the President of KJD Advertising, said, "We wanted to partner with TravelMax in this venture because we firmly believe it has good potential for not just TravelMax International and KJD Advertising but for our promotional partners in Television media, as well." Scott went on to say, "Our timetable calls for the infomercial to be completed before year end and airing by mid-January and it is a time frame we plan to meet."

NETW's subsidiaries TravelMax International (http://www.TMAXX.com) and Links Direct (http://www.linksdirect.com), which are travel and golf related companies that offer a multi-level component to their independent sales representatives, will also be marketing the LDC long distance and prepaid phone card products through their network of independent representatives. NETW also owns 50 % interest in Travel Travel, Inc., an Ontario, Canada based travel company. Network Holdings is operating LDC Telecommunications, Inc., and, most recently, Business to Business Newspapers, Inc., in conjunction with intent to purchase agreements. LDC Telecommunications, which is fully tariffed to provide both inter and intrastate long distance service, markets residential and business long distance services, as well as, prepaid calling cards. Business to Business is a 3 year old South Florida monthly that targets business owners, professionals, managers and entrepreneurs.

Some paragraphs of this press release, particularly those describing Network Holdings' strategies, operating expense reductions and, business plans, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Network Holdings is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing their products and services, need for capital, competition from other companies and other factors, any of which could have an adverse effect on the business plans of the subsidiary companies of Network Holdings International, its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Network Holdings' results of operations. In light of significant uncertainties inherent in forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Network Holdings or any other person that the objectives and plans of Network Holdings and its subsidiaries will be achieved.