For Immediate Release 

Contact: 

Contact:
David Zazoff
Phone:
Email: www.kdmvcorp.com 
 

Despite the Widespread Use of the Internet, Most of the Nation’s 400,000+ Churches are Still Offline

Publicly traded church development company provides free web sites for the nation’s 400,000+ churches

Minden, Nevada - May 6, 2003 - Not having a web site has become a growing problem for most of the country’s smaller churches. According to Gene Jackson, president of Kingdom Ventures – a publicly traded (OTCBB: KDMV) church development company – less than 50% of churches have an Internet presence.

“Most smaller churches do not have time, money or knowledge to develop their own web sites. And yet, effective communication is an essential tool in building community participation. Since most church members are online – at work and at home – they expect it from their church as well. Internet presence can be a powerful tool to build church loyalty, increase member participation and boost fundraising revenues. Churches without a web site are missing out on all this. They also take the risk of becoming less credible to their members,” says Jackson.

In order to solve the problem, Kingdom Ventures announced today that it will build web sites for the nation’s 400,000+ churches at no charge. Part of the work is going to be performed by YourNetPlus – an MCI and Sprint aggregator.

“Our goal is to get every single church online by the end of the 2004. As a church development company, we help churches focus on their core mission -- reaching people for God -- by focusing on our core business: helping churches and their people grow. We want to touch at least 75,000 churches in the next 24-36 months. Building free web portals for churches is a loss leader to us. The most important thing for us is to demonstrate that we are serious about our position as the leading church development company in the U.S.,” says Jackson.

Churches will be able to use the web site for various purposes such as posting their mission, values and goals, worship times, news, upcoming special events and information on youth or community programs.

The free web site program is part of Kingdom Ventures’ ISP initiative. For more details on the initiative, please contact Kingdom Ventures at .

Kingdom Ventures is one of the few publicly traded church development companies in the U.S. Its common stock trades on the OTCBB under the ticker symbol KDMV. There are approximately 400,000 Protestant churches in the U.S. alone. 94% of them have fewer than 1,000 active members, and therefore limited financial resources to effectively manage the business side of their operations. Christian organizations' total budgets are measured in billions of dollars. 89% of American households give to charities an average of $1,600+ a year, and religious organizations receive 60% of it. In addition, religious and inspirational products are selling at a pace of $5.6 billion annually.

Within less than three years, Kingdom Ventures has built a distribution network for Christian products, consisting of 2,100+ retail stores; 1,200 Christian bookstores and 900 gift stores. It has also established strong business relationships with hundreds of Christian organizations and performed over 750 fundraising events -- helping churches and other Christian organizations grow.

For more information, visit www.kdmvcorp.com. 


 

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