TEMECULA, Calif., Sep 27, 2000 /PRNewswire via COMTEX/ -- VentureNet Capital Group, Inc. (www.vntrnet.com, a Delaware Corporation) VNTN announced today that it is pursuing negotiations with E Sports Instruction, Inc. -- ("eSportsInstruction.com(TM)") to obtain a forty percent equity position within the company.

Founded in May of 2000 by former professional athletes and coaches led by Reggie Grant and Harland Svare, eSportsInstruction.com(TM) is an electronic publishing and knowledge management company specializing in sports content. They are developing comprehensive Sports Instructional Technology including products such as videos, CD-ROM's and online content. They have been developing these ideas and concepts for the past several years.

eSportsInstruction.com(TM) is poised for leadership by pioneering the use of the World Wide Web (the Internet) for the Sports Instruction Industry as a provider of cutting-edge products utilizing the expert knowledge of professional athletes, and coaches.

In August 2000, eSportsInstruction.com(TM) released "esiTV(TM)" an Online, streaming media sports channel. "We want to take advantage of the Internet medium right here and now," CEO Reginald Grant says. "We want to follow the lead of such companies as Shockwave, the developers of Flash. Instead of waiting for changes in technology to define our experience we want to use all that the medium has to offer. As it changes, we will improve, but we're here now ready to deliver sports content via the web. Our first element is esiTV(TM) with sports coaches, athletes and experts interviewed." People such as Football Hall of Fame Coach Sid Gillman, Basketball Hall of Fame Player George Yardly, NFL Head Coach Dennis Green, and many other unique interviews will be available on esiTV(TM) only. They use unique technology that requires no player or software download to view the video. This substantially expands eSportsInstruction.com's scope and new opportunities for growth.

eSportsInstruction.com(TM) also has eAthleteSpeaker.com which provides retired and active players, coaches, and sports industry professionals with speaker placement and marketing representation.

VentureNet Capital Group, Inc. specializes in providing financing and management expertise to private and public emerging growth companies demonstrating a high growth potential. Its business model is comparable to those of CMGI Inc., Internet Capital Group, and Winfield Capital Corp.

For further information, please contact VentureNet Capital Group, Inc. at 909-296-9945.

SOURCE VentureNet Capital Group, Inc.

CONTACT:  VentureNet Capital Group, Inc., 909-296-9945

URL:http://www.vntrnet.com
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.