Wednesday June 17, 3:06 pm Eastern Time
Company Press Release
Winners Internet Network Announces the Formal Agreement With Cyberlink Monetary System
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--June 17, 1998--David Skinner, Jr., President of Winners Internet Network, Inc. (OTC BB:WINR - news) announced today the formal agreement with Cyberlink Monetary System, Vadez, Liechtenstein to provide the formal Banking Trustee Management Services according to the Managing Director of CMS, Dr. Reinhard Proksch. Dr. Proksch is a partner with Consul Dr. HC Werner Walser, Legal Agent & Trustee in Liechtenstein who began in 1954. Mr. Proksch holds various national and international law degrees, A Fulbright Scholar, and media law and licensing, Dr. phil ''sub auspiciis praesidentis'' in Communications. Their firm is recognized throughout the world as one of the leading licensed banking trustees representing some of the most well known international financial and investment corporations throughout the world providing licensed banking and trustee management.
Dr. Walser is chairman of various national and international professional associations, and also chairs the European Economic Institute (EWI) Liechtenstein, founded in 1969, Fordererkreis Prof. H. Oberth and Wernherr von Braun, and Academia Mexicana de Derecho International Mexico/Liechtenstein. He is a member of the Board of the Association of the Diplomatic Corps in Liechtenstein, and a member and co-founder of the European Confederation of Associations of Enterprises/Brussels. He has earned the highest honours and decorations for his work in Central Africa.
Dr. Proksch as the Managing Director of Cyberlink Monetary Systems feels that providing the trustee services for the global banking of Winners Internet will be the significant foundation for financially secure international banking transactions on the Internet backed with immediate worldwide currency exchange. CMS also plans on sponsoring other Internet businesses with the availability of secure encrypted cyberbanking allowing all transactions from the customer to the merchant on the Internet the security of trust services through the most secure worldwide system available. CMS recognized Winners as having the leading technology to provide safe, secure and confidential transactions for the host government sites, the merchant and the customer.
CMS has agreed to exclusively license Winners as the sole user of the Cyberlink Monetary System in the Global World of Internet Gaming. ''The system is the safest and most secure transaction system we have seen. We expect to provide the foundation for the Global Banking Community to utilize the fast growing Internet market by integrating CMS with the software technology offered by Winners. The credibility of Winners is greatly enhanced in the Legal Internet Gaming Industry by not being a casino or having self-interest in that area. We have seen and are continuing to see a number of Internet Casinos attempting to disguise banking when in reality they are Internet Casinos. Winners offers the only creditable system to give the Industry the safeguards and protection from such practices. We want to insure the Internet customer that their funds are fully protected under the licensed banking trustee management.''
WINR is a pioneer in developing a Global Gaming Payout System which they feel will revolutionize both the Internet Casino and the International SportsBook method of payout. Once on WINR's System, a player will be able to track a full accounting of wins and losses at each licensed site. WINR intends to work closely with all Government Host Sites insuring adherence to all International Gaming Laws and Regulations.
Contact:
Winners Internet Network, Inc. Sandy Varney or David Skinner, Jr., 800/358-4242 or Brokers and Analysts - Columbia Financial Group, Inc. 888/301-6271 |