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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: Ga Bard who wrote ()10/26/1999 12:55:00 PM
From: Dou_Sun  Read Replies (1) of 295
 
- Appointment of New President NEWS RELEASE TODAY!!!

WINCHESTER (the "Company") is pleased to announce successful progress
in its corporate restructuring plan. The previous Board have submitted
their resignations and Mr. Wayne Miller has been appointed to the position
of President to spearhead the Company's new endeavors.
Mr. Miller brings to Winchester 15 years in the public markets. It will
be Mr. Miller's responsibility to implement the Company's new business
plan, and oversee the preparation of audited financial statements to meet
the SEC fully reporting requirements.
Winchester anticipates launching a wholly owned subsidiary to process
and manage its Internet business. The Company's online casino utilizing software designed by Starnet Communications(SNMM) is available at
www.hollywoodgoldcasino.com and is expected to form a significant portion
of the Company's business.
Winchester's Webmaster is completing a new design for its Corporate
Website and expects it to be updated promptly.

Competitors within the Internet gaming market include, Anchor Gaming
Inc. (Nasdaq-SLOT), Starnet Communications Inc. (OTC-SNMM), Trans World
Gaming (OTC-IBET), Argosy Gaming Co (NYSE-AGY), Cryptologic Inc.
(TSE-CRY).

CERTAIN INFORMATION AND STATEMENTS INCLUDED IN THIS NEWS RELEASE
CONSTITUTE "FORWARD-LOOKING" STATEMENTS WITHIN THE MEANING OF THE FEDERAL
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
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