Zeros & Ones Inc. Announces New Partners for Its FineItems.COM Retail Web Portal.

LOS ANGELES--(BUSINESS WIRE)--Aug. 11, 1999--

FineItems.COM, Continuing Success with Amazon.com Auctions,

Adds Links to eToys.com, Beyond.com, CBS Sportsline

and Many Other Online Venues

Zeros & Ones Inc.'s (OTC BB:ZOZO) retail Web portal, FineItems.COM, recently named one of the first online stores to offer items for bidding at Amazon.com Auctions (Nasdaq:AMZN), has established affiliate links to more than 25 noncompetitive online retailers, including eToys.com (Nasdaq:ETYS), Beyond.com (Nasdaq:BYND) and CBS Sportsline (NYSE:CBS).

Wednesday's announcement was made by Robert Holtz, chief executive officer and chairman of Zeros & Ones, the definitive global source for products and services geared to the convergence of the Web, interactive and digital TV, electronic games, and emerging entertainment platforms.

"We've been getting phenomenal response to our FineItems.COM products not only from consumers of Amazon.com Auctions but also from industry watchdog groups like PublicEye and the Better Internet Bureau," Holtz noted.

"That credibility has greatly helped our ability to forge these new relationships with a host of shopping sites spanning the gamut of product categories."

FineItems.COM (www.fineitems.com), which offers high-quality collectibles and executive gifts, was recently platinum certified by PublicEye, which is regarded by many as the "Good Housekeeping Seal of the Internet," and also earned the highest rating from Amazon.com Auctions customers.

In addition to eToys.com, Beyond.com and CBS Sportsline, FineItems.COM allows shoppers to directly access PC Flowers & Gifts, ArtSelect Framed Prints, NextCard Visa (OTC BB:VIIS), Candy Direct, Fragrance.Net, ArtSelect, Nature's Pharmacy, 7thStreet.com, Seattle's Finest Coffee, American Spice, Lobster Net, Omaha Steaks, Decor Linens & Gifts, Bed and Bath, Countdown Clocks, SmokeShop Cigars, Optical Site, CarPrices.com, MagMall.com, OakNet Publishing.com, FoundMoney.com and Greeting-Cards.com.

Zeros & Ones (www.zerosones.com), founded in 1994 and based in Los Angeles, is focused on content development and technical consulting services and applications for the Internet, digital television and electronic-commerce businesses.

Zeros & Ones generates revenues by developing industry-shaping Web environments, providing direct-to-consumer retailing solutions, and developing technologies for integration into software and hardware products.

This news release contains forward-looking statements, including but not limited to, those that refer to the company's plans for future exchange listings, or future development plans or operating results that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties.

Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services by the company; lack of market acceptance of products, services and technologies; inadequate capital; adverse government regulations; competition; lack of operating experience; inability to earn revenue or profits; dependence on certain individuals; inability to obtain or protect intellectual property rights; risks associated with customer concentration; inability to obtain NASDAQ Small Cap Market or any other listing for the company's securities; lower sales and higher operating cost than expected; technological obsolescence of the company's products; limited operating history; and risks inherent in the entertainment, telecommunications and Internet markets and business.

NOTE: Zeros & Ones Inc. trades on the OTC Electronic Bulletin Board under the symbol "ZOZO."