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To: ChrisJP who wrote (84657)5/22/2001 10:35:33 AM
From: Jim Bishop  Read Replies (1) | Respond to of 150070
 
ABUY AmeriNet Group Prepares For New Era, On Track for Closing On Or Before May
31

BOCA RATON, Fla., May 22, 2001 (BUSINESS WIRE) -- AmeriNet Group.com, Inc.
("AmeriNet") (OTCBB:ABUY) party to a letter of intent contemplating the
acquisition of Park City Group, Inc. ("Park City"), a software developer headed
by the co-founder of the internationally renowned Mrs. Fields' Cookies,
announced today that Randall Fields, expected to become AmeriNet's chief
executive officer, had a conference call with brokers interested in the future
of AmeriNet and Park City. The conference call can be heard at
cyberstreetcapital.com The acquisition is scheduled
to close on or before May 31, 2001.

Mr. Fields commented on his plans to change the name of AmeriNet in order to
better portray the future of the company.

Edward Dmytryk, current chief executive officer of AmeriNet said, "The
acquisition of Park City Group will greatly increase AmeriNet's revenues,
provide positive earnings per share for the first time, and add a proven
management team. Park City Group has propriety products and patents, which
include software that permits retailers to materially reduce costs and increase
profits. With Park City Group's prestigious client list, AmeriNet's prospects
are very attractive."

Park City Group is an independent software development company headquartered at
333 Main Street, Park City, Utah 84060. Major clients include The Home Depot,
Victoria's Secret, Pacific Sunwear, Crate & Barrel, Bath & Body Works, Universal
Studios - Orlando, Bi-Lo Foods, William-Sonoma,Wawa and Tesco Lotus (part of one
of the worlds largest retailers). AmeriNet Group.com, Inc. is a publicly held
Delaware corporation (OTCBB "ABUY;" "AmeriNet"), which files periodic reports
with the Securities and Exchange Commission. AmeriNet is scheduled to make the
second and final $100,000 good faith deposit ($200,000 in the aggregate)
required under the terms of the letter of intent this week.

An analyst report commissioned by AmeriNet is posted at
www.AmeriNet-ParkCity-Report.com The report can also be E-mailed, faxed or
mailed by calling 561-998-3435.

For additional information pertaining to Park City Group, please contact:
Carolyn Doll at (435) 645-2060 or visit the Park City Group website at
www.parkcity.com. For additional information concerning AmeriNet, please contact
Charles J. Scimeca at (561) 998-3435 (voice); (561) 998-4635 (fax);
charles@amerinetgroup.com (email), www.amerinetgroup.com (website).

This release is comprised of inter-related information that must be interpreted
in the context of all of the information provided and care should be exercised
not to consider portions of this release out of context. This release is
provided in compliance with Commission Regulation FD and contains certain
"forward-looking statements and information" (as defined in the Private
Securities Litigation Reform Act of 1995) concerning AmeriNet and Park City
Group that are based on the beliefs of AmeriNet's and Park City Group's
management, as well as assumptions made by and information currently available
to AmeriNet and Park City Group. Such statements reflect the current views of
AmeriNet and Park City Group with respect to future events and are subject to
certain assumptions, including those described in this release. Should one or
more of the underlying assumptions prove incorrect, actual results may vary
materially from those described herein as anticipated, believed or expected.
AmeriNet and Park City Group do not intend to update these forward-looking
statements prior to announcement of quarterly or annual results.


CONTACT: AmeriNet, Boca Raton
Charles J. Scimeca, 561/998-3435
561/998-4635 (fax)
charles@amerinetgroup.com (email)
www.amerinetgroup.com (website)
or
Park City Group, Park City, Utah
Carolyn Doll, 435/645-2060
www.parkcity.com

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.

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KEYWORD: FLORIDA UTAH
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
FOODS/BEVERAGES
INTERNET
RETAIL
SOFTWARE
CONFERENCE
CALLS
ADVISORY

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