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Virtual and Black Tie Roses

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The ultimate in Valentine’s Day gifts is now as close as a click of your mouse. 1 Virtual Place (http://www.1virtualplace.com), one of the Internet’s most eclectic and creative on- line shopping destinations, has been selected as the premier Internet source for Black Tie Valet(R)-Beverly Hills.

“1 Virtual Place offers shoppers one of the most innovative selection of gift ideas and personal items on the Internet,” said Carey Storm, general manager of 1 Virtual Place. “Black Tie Valet has been consistently recognized as one of the premier gift providers in the country, and we are proud to have a merchant of this quality select us as their premier Internet distributor.”

“Black Tie Valet is respected world-wide for its consistent high quality products and reliable express delivery,” said Les Watt, president of Black Tie Valet Inc. “The ease of shopping and the attentiveness to the customer make it a natural choice for 1 Virtual Place to be our distributor on the Internet and build upon our current customer base.”

Black Tie Roses’ long-stemmed blooms are available in its distinctive tuxedo box – one dozen for $79.95 and two dozen for $129.95. Black Tie offers its Signature Giorgio(R) Roses in an exclusive presentation of one or two dozen with either Giorgio perfume for the ladies or RED for Men. Prices for the Giorgio Collection start at just $119.95.

In addition to carrying the complete line of Black Tie Valet products, 1 Virtual Place features several shopping categories, including Bio Care, Tech Gadgets, Hot Buys and Galaxy Gourmet. Favorites on the site include Casio’s Digital Camera QV100, the Timex Datalink 150 watch and U.S. Robotics’ personal one-touch organizer Pilot 5000.

ABOUT BLACK TIE VALET, INC.

Black Tie Valet, Inc., known worldwide for its exclusive & copyrighted award winning tuxedo packaging and the highest quality long-stemmed roses available anywhere, has been featured in Business Start-Ups(TM) Magazine, high-profile TV and radio spots and is seen regularly in Northwest Airline’s “NW World Traveler” and Delta Airline’s “Sky Magazine.”

ABOUT 1 VIRTUAL PLACE

1 Virtual Place showcases cutting-edge consumer technology and unique gift items at discount prices available only to VirtualPIN(SM) holders. In addition to providing a high level of customer service and a one-of-a-kind shopping experience to consumers, it also serves as a testing ground for the latest advances in online shopping concepts from First Virtual Holdings research labs. 1 Virtual Place is located at http://www.1virtualplace.com.

THE FIRST VIRTUAL INTERNET PAYMENT SYSTEM

The First Virtual Internet Payment System enables secure online transactions using its VirtualPIN, which allows consumers to make purchases on the Internet without transmitting credit card numbers online. The purchase is charged to a customer’s VirtualPIN which is an alias for the buyer’s credit card. Once the transaction is confirmed by the buyer through e-mail, First Virtual Holdings charges the customer’s credit card on secure, established financial networks. Sellers can also use the VirtualPIN system to easily bill renewable services such as domain registrations, magazine subscriptions and association membership fees.

ABOUT FIRST VIRTUAL HOLDINGS INCORPORATED

Founded in March 1994, First Virtual Holdings Incorporated (Nasdaq: FVHI) is a leader in advanced communications and marketing systems for Internet commerce. Its first product, the First Virtual Internet Payment System, facilitates Internet commerce through e-mail technologies and PIN concepts, integrating seamlessly with established financial networks using universally- accepted transaction processing practices. The company is headquartered in San Diego, Calif., with research facilities in Ann Arbor, Mich., and data center facilities in Dallas, Texas. More information about First Virtual Holdings Incorporated can be found at http://www.fv.com.

First Virtual has strategic relationships with First Data Corporation, First USA Paymentech and GE Capital Corporation.

VirtualPIN is a service mark of First Virtual Holdings Incorporated.

Black Tie Valet and Black Tie Roses are registered trademarks of Black Tie Valet, Inc. Giorgio and RED for Men are trademarks of Giorgio of Beverly Hills.

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