GigMasters.com and Priceline.com: Bidding on Services vs. Bidding on Goods

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NEW YORK-- May 1, 2000-- GigMasters.com, Inc.(http://www.gigmasters.com), the Internet's leading e-Marketplace for live entertainment services, announced today

the re-launch of its site, and now offers customers far more than live music and entertainment to choose from. The company has added caterers, photographers, comedians, magicians, and even valet parkers to its rapidly growing list of services offered.

"The increase in the number of bookings per month that we have been doing for our 14,000 musicians has been astounding," said Kevin H. Kinyon, Co-Founder and President of GigMasters.com. "So the decision to expand beyond music and into all forms of entertainment services was as easy one. Because live music is such a highly fragmented market, we knew that if we could successfully book musicians, we could apply the same model to a plethora of other services as well."

Customers of GigMasters.com save time and money because they can contact an unlimited number of entertainment merchants with just one click of the mouse, then watch as the merchants compete with bids in order to get hired for the event. Customers can even book the entertainment merchant of their choice right online. "I can't tell you how many brides-to-be have e-mailed us, praising the efficiency of our services," said Kinyon. "It is truly exciting."

Privately held GigMasters.com was founded in February of 1997 and is based in New York City. For more information, please contact Michael Caldwell, Co-Founder and CEO, at (800)925-5527 or send e-mail to info@gigmasters.com.

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Copyright(c) 1997-2000 GigMasters.com, Inc. All rights reserved.

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Kevin H. Kinyon
GigMasters.com, Inc.
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