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To: Dave Gore who wrote (15125)	5/6/1998 2:57:00 PM
From: BJ Cooke	Respond to of 34592

WINR.... Business Wire - May 06, 1998 13:55 %WINNERS-INTERNET-NETWORK WINR %NEVADA %NEW-YORK %INTERACTIVE %MULTIMEDIA %INTERNET %SPORTS %ENTERTAINMENT V%BW P%BW -------------------------------------------------------------------------------- ST.AUGUSTINE, Fla.--(BUSINESS WIRE)--May 6, 1998--David Skinner Jr., President of Winners Internet Network Inc. (WINR) (OTC Bulletin Board: WINR) announced today the closing of the financing needed to complete the commencement of their World-Wide Internet Gaming Payout Structure. The financing was completed by EPA Continental Holdings. WINR believes now that funding is complete, within 45-60 days the company will be fully operational to provide their worldwide Internet Gaming Payout System. This capital will further enhance the corporation's marketing efforts to sell Licenses worldwide. WINR is a pioneer in developing a software system that makes possible a secure and reliable payout structure for worldwide Internet Casinos and Sportsbooks. "the existing sites suffer from credibility problems." "There is no uniform payout structure that gives the players confidence that their legal winnings will be paid." says Skinner. We feel that our software program will be "the Standard in the Industry." The worldwide gaming industry is estimated at $500 billion annually. There are currently over 55 Internet Gaming sites in operation with an annual volume of approximately $100 million, a relatively small part of the total gambling industry. It is estimated that legal Internet Gaming could reach $10 billion within 5 years when WINR's secure, credible, and reliable system is operational. "At present, there is no known competition to the proprietory software for which Winners has exclusive rights," says Skinner. On Nov. 24, Winners announced the signing of a contract to provide its worldwide gaming payout structure to Telecommunication Information System Services, N.V. (TISS). TISS is the only fully operational licensee of the four exclusive licenses given by the Netherland Antilles government. TISS currently has in operation and has provided sublicensing to approximately 30 Sports Wagering and Casino sites. Their growth posture is expected to provide 40 Internet casino sites, 30 internet Sports Wagering sites and 20 "800" number Sports betting sites. WINR values this agreement over the next 12 months at 10 to 15 million dollars.