NeWave’s 'Save A Sale' Feature Projected To Add $3 Million In Annual Revenue in 2006

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NeWave Inc. (NWWV.OB) today announced that subsidiary ‘onlinesupplier.com’ has added a new feature to its website platform which is expected to generate an additional $3 million in revenue in 2006. Through the use of Instant Messaging (IM) technology, the ‘Save a Sale’ feature takes users exiting from the onlinesupplier.com website and endeavors to convert them into a membership through special offers. This feature was developed for NeWave by Upsellit.com.

NeWave Inc. (NWWV.OB) today announced that subsidiary ‘onlinesupplier.com’ has added a new feature to its website platform which is expected to generate an additional $3 million in revenue in 2006. Through the use of Instant Messaging (IM) technology, the ‘Save a Sale’ feature takes users exiting from the onlinesupplier.com website and endeavors to convert them into a membership through special offers. This feature was developed for NeWave by Upsellit.com.

Aaron Gravitz, VP of Media for Newave stated, “With millions of visitors to the Online Supplier website every month, many do leave prior to completing the signup process. Now, the UpSellit IM window appears when visitors abandon our web pages, then ‘chats’ with customers in real time and redirects them back to the sign up page with a special offer. We are extremely pleased so far with the early results as we are enrolling approximately 125 new members a day which translates into an additional $3 million in revenue this year just from this feature.”

Greg Longaker, VP Strategic Development for UpSellit.com. “This is new and exciting technology. The Smart Agent chat window uses Artificial Intelligence (AI) to chat with visitors. The technology is an extension of Instant Messaging (IM) that people are very familiar with and is one of the fastest growing communication mediums today. It gives Online Supplier a sales mechanism on their web site to help capitalize on exit traffic that would otherwise not be monetized.”    

About Upsellit

Located in Camarillo, CA, The UpSellit Smart Agent technology is unique in the marketplace and helps keep customers on track through intuitive and expressive scripting. It provides a way to reach a site's visitors that is both personal and fresh: chat! Millions of Internet users around the world are already familiar with the chat window, so UpSellit.com's innovative flash-based chat windows have an interaction rate of between 20-40%. For further information, please visit http://www.upsellit.com.

About NeWave, Inc.

NeWave, Inc. through its websites Online Supplier and buydiscount.com, provides ecommerce solutions and thousands of high value products at significant savings to its online loyalty club customers and members.

To find out more about NeWave (OTCBB: NWWV), visit our websites at NeWave Inc, Online Supplier and http://www.buydiscount.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.

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Michael Novielli Chairman NeWave, Inc.
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