Swedelo went fishing. He's not worried about his investment in WINR and neither am I. I also am going fishing, the crappie are hitting here in the south.
Latest news on WINR:
Wednesday April 14, 9:45 am Eastern Time
Company Press Release
Winners Internet Network, Inc. Announces Enhanced
Management Direction
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--April 14, 1999--David C. Skinner, Jr.,
President and CEO of Winners Internet Network, Inc. (OTC BB: WINR), has just announced
the placement of additional key people to facilitate a major direction change.
Mr. Skinner stated that the company has successfully completed the first operational 90 days with the full implementation of its
processing technology. This was the beginning for its venture into the Internet for long range goals and objectives.
The company undertook a massive effort to be one of the first direct processors of Internet Transactions in world commerce in
Europe by providing the catalyst for transactions in all major world currencies.
Mr. Skinner stated that the system has successfully uncovered and tracked users of stolen, lost and false credit cards in different
areas of the world in cooperation with Visa and other Card Companies. Processing of the financial transaction is the key
according to WINR accomplishing its objectives. The WINR System will protect its vendors from being victimized with false or
stolen cards. WINR feels that its initial phases have adequately demonstrated the safeguards it initially represented.
WINR is now announcing the following additions to its capable staff in the USA and Europe. WINR has hired a System
Administrator formerly with the USAF with a top-secret clearance who had direct responsibility for satellite communication and
mainframe computer systems. He is an expert in systems and control for networking environments, is knowledgeable in four
languages and is relocating to Europe this month to become the Systems Director and to implement new changes to facilitate the
company's new goals and objectives.
In addition, WINR has hired a Computer Design and Graphics Manager for Europe who has an extensive background in
marketing and design to coordinate the company's new direction. This staff member will also relocate to the facilities in Europe.
Dr. Reinhard Proksch, a Fulbright Scholar with doctorates in both Information Systems and Law, has also agreed to become an
advisor for the Corporate Board of Directors. In addition to being the Managing Director of the CyberLink Trust, Dr. Proksch is
a founder of P&A Corporate Services and Mutual Fund Administrators in Europe and has offices in Vienna, London, Zurich and
Liechtenstein. Dr. Proksch is an Austrian native who is admitted to practice law in New York, Switzerland and Austria. He is
also a registered and licensed Asset Trust Manager. He is supplemented by coordinating the appointment of the CyberLink
Marketing Director for International Sales, Ms. Kimberly Stein, to the Board of Directors of Winners and Secretary of the
Corporation.
Ms. Stein stated that it is her goal to bring the Shopping Downtown site of CMS into reality with emphasis on the processing
coordination and the on-line shopping. She is very aggressive in establishing sites for women. Ms. Stein brings her expertise and
has obtained extensive command of the WINR European operations including systems, customer service and processing to
enhance the WINR shopping network.
Mr. Skinner said this reorganization of the Board is to provide the expanded vision of the company in the global market. Former
Board Members Kristine S. Coalson and Sandra K. Varney, who also served as Vice President/Secretary, have agreed to resign
in order to accommodate the new Board. Mr. Skinner thanked them for their dedicated and faithful service. They are vital and
well seasoned corporate employees who will be managing the home office administration and customer relations.
Mr. Skinner stated that WINR is targeting on-line trading including all forms of e-commerce. WINR feels that the industry has
categorized the company as a Casino. WINR is not a Casino and its emphasis is going to change with the staff the company has
put into place. WINR is now moving to become an on-line site provider. Dr. Proksch is going to guide WINR into on-line trading
with the financial and trust expertise he possesses and WINR will be shifting to different categories for Entertainment, Shopping
and On-Line Trading as well as other areas. Mr. Skinner said, ''We feel that in-house processing, which allows customers to feel
safe with their credit cards on the Internet will help develop our corporate image. The ability to accept and transfer deposits in
most world currencies and the collection and payment procedures offered by the CMS Western Union Quick Cash is a major
step towards fulfilling the aforementioned corporate goals.
Information contained in this news release other than historical information, should be considered forward - looking and is subject
to various risk factors and uncertainties. For instance, the strategies and operations of Winners Internet Network, Inc. involve
risks of competition, changing market conditions, changes in laws and regulations affecting these industries and numerous other
factors discussed in this release. Accordingly, actual results may differ materially from those in any forward - looking statements.
Contact:
Columbia Financial Group, Inc.
888-301-6271
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