Monday July 6, 1:07 pm Eastern Time
Company Press Release
Winners Internet Network Accepted as a Member of the Cyberlink Trust
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--July 6, 1998-- David C. Skinner, Jr., President of Winners Internet Network, Inc.,(OTC-BB:WINR - news) announced today the formal agreement entered into with Cyberlink Monetary System(r) to provide the Formal Banking Trustee Management Services, has led to the acceptance of Winners Internet as a member of the Cyberlink Trust.
This has immediately expanded the ability for Winners to be presented throughout the world in eight languages, including German, French, Japanese, Chinese, Italian, Spanish, Russian and English. This has allowed Winners to be able to go forward with the Winners Debit Card. The Winners Debit Card will be the first of its kind to be offered with banking support throughout the world. The agreement with Cyberlink Monetary System, also a member of the Registered Trust, has immediately placed Winners with the ability to accept MasterCard, Visa, Diners Club and others that are being negotiated at the present time. In order to secure a worldwide market, Winners has begun to interface programming with the supporting banking institutions. This will allow the Debit Card to be offered much sooner than expected. As a result of the additional interface and connections to rapidly expand the worldwide market, Winners has agreed with the Managing Director of the Registered CMS Trust(r), DR. Reinhart Proksch, to provide the technical support for CMS(r). They will also sponsor all Internet businesses wanting the availability of secure encrypted cyberbanking, allowing all transactions from the customer to the merchant on the Internet, the security of trust services. This will give Winners a broad expansion of a customer base worldwide. It is expected that providing the banking interface will allow the business to be fully operational during the latter part of August. Winners has recognized the need to expand into the worldwide market and insure that all legal jurisdictions are offered the Winners system. With the acceptance of Winners as a member of the Cyberlink Trust, Licensed Banking Trustee Management will insure the customers that their money is fully protected under the most secure banking system in the world. This will undoubtedly benefit Winners in gaining a large share of the worldwide market.
WINR is a pioneer in developing a, Global Gaming Pay out System, which they feel will revolutionize both the Internet Casino and the International Sports Book method of pay out. 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:
David Skinner, Jr., Winners Internet Network, Inc. 800/358-4242 or Brokers and Analysts Columbia Financial Group, Inc., 888/301-6271. |