June 27, 2000 - Bristol Investment Group's affiliate Net Capital Fund.com makes investment in NextAudio, Inc.

NEW YORK - Net Capital Fund.com, a leading high-tech and Telecom venture investment company, announced today its investment in NextAudio, Inc, a leader in online music delivery. The investment by Net Capital Fund.com, made through its affiliate, Bristol Investment partners L.P.1, represents a minority interest in NextAudio. Financial details of the transaction were not disclosed.

NextAudio, Inc. is launching MyRadioT, a unique Internet radio service offering one-to-one personalized and portable music programming. As a business-to-business service, MyRadioT offers a premium turnkey radio solution for portals, popular websites and ISPs. The MyRadioT service will provide business customers the highest-value advertising channels based on interactive audio advertising, the highest-value market research and promotions opportunities for record labels, the ability to extend their brand beyond the PC and Internet, and increase customer retention and loyalty. The MyRadioT service enables users to listen to music, skip and rate song s, download programming and purchase music online.

"The Net Capital Fund and Bristol Investment Group team are a rare breed of bankers with exceptional focus and experience in providing all the support an early stage company like NextAudio needs," said Jeff Williams, CEO of NextAudio. "The team not only understands the sensitivity and timing of capital requirements for early-stage companies, buy also knows how to leverage their resources to maximize support of our infrastructure. Working with them has been an extraordinary experience."

"As with all our investments, we look for a solid management team pursuing a highly-scalable business model and an exceptional potential for returns on our investment," said Net Capital Fund.com president Alan Donenfeld. "We are confident that we have found exactly that in NextAudio. The statistics in music industry are simply astounding and NextAudio is perfectly positioned to capitalize on the industry's explosive growth."

About Net Capital Fund.com

Net Capital Fund.com, is a leading technology business development and finance company focused on high-tech and telecommunication technology. In addition to providing access to financial resources, Net Capital Fund.com offers companies seeking capital full access to its affiliate, Bristol Investment Group, a NASD broker-dealer, for investment banking activities and access to its rich network of industry experts. For more information on Net Capital Fund.com, or to become a member of the Net Capital Fund.com network, call 212-572-6306 or visit www.NetCapitalFund.com.

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