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To: Wayne Rumball who wrote (11002)5/18/1999 1:40:00 PM
From: lightfoot  Respond to of 13776
 
USTT is picking up some volume and upticking as well! WINR News today

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--May 18, 1999--David C.
Skinner, Jr., President and CEO of Winners Internet Network, Inc.,
(OTC BB:WINR), has just announced major expansion of its software.
David C. Skinner, Jr., the CEO of WINR, and Dr. Reinhard
Proksch, the Managing Director of the CyberLink Group in Vaduz,
Liechtenstein, have jointly released the following information. "We
are pleased to announce that Dr. David C. Skinner, Sr. has just agreed
to accept the advisory position as the Director of International
Operations for CyberLink Monetary Systems, EST. (CMS) in Vaduz." David
C. Skinner Jr. added that his father has had a long career in both
government and private business spanning over thirty-five years. In
addition, he has been a lecturer at major Universities in both Tax and
International matters in addition to being an author of technical tax
matters. He has formally agreed to take the position to coordinate the
efforts between WINR and the CyberLink Group in Liechtenstein in order
to facilitate the common goals and objectives of both companies. This
appointment has the full endorsement and support of DR. Reinhard
Proksch who is an advisor to the Board of Directors of WINR and the
Managing Director of the CyberLink Group.
CyberLink has also announced the appointment of Mr. Mack M.
Scoggins as an advisory member of the Board of Directors of CMS.
Mr. Scoggins brings to WINR/CMS a lifetime background in loan
portfolio management and credit administration in the banking
industry. He began his career with the US National Bank Examiners
serving in the Texas and Oklahoma Regions and continued on in banking
holding Senior Management positions for the next 30 years. He recently
retired from NationsBank and will offer his well-rounded banking
knowledge to the WINR/CyberLink Group by bringing his banking and
financial expertise into the following announced venture.
WINR has agreed to provide its proprietary software for Secure
Internet Processing in coordination with the WINR/CMS foundation for a
new Internet Network known as "The Plus Network." The Plus Network
will use the exclusive software as provided by WINR & CMS to be known
as the SecureNet-Plus System. Initial framework has begun to make this
a virtual foundation for Y-2 compliant and standardization for
financial transaction E-Commerce throughout the world in all major
currencies. The Plus Network will concentrate on providing the first
"Search Engine Free" environment in the world financial market. The
specific terms for the advancement of this technology has not been
released under the terms of the Secrecy Non-Disclosure Agreement
signed on February 7. Further, the terms and conditions for the
joining of the two companies is in active negotiation and the specific
terms will be released upon final approval and agreement. WINR/CMS are
actively working with Liechtenstein's former Prime Minister LIC. IUR.
Markus Buchel and one of the Big-6 International Certified Public
Accounting Firms located in Zurich concerning these major
advancements. The former Prime Minister who also was the Minister of
Finance for Liechtenstein has agreed to actively participate with
WINR/CMS to jointly pursue their forthcoming business objectives and
alliance.
Agreement has also been reached with the major Internet provider
in Liechtenstein to provide an expanded communications ability and to
actively participate in the technical and developmental expansion of
the Plus Network.
Mr. Skinner, Jr. also stated that WINR is going to continue to
actively pursue the Internet Gaming Market in all legal jurisdictions.
Mr. Skinner indicated that he wanted it fully understood that the
company is not abandoning their goals and objectives in that market.
The creation of an expanded software for the financial industry in
E-Commerce is a totally separate function that has been branched from
the existing software technology jointly developed with the CyberLink
Group.
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.



To: Wayne Rumball who wrote (11002)5/18/1999 1:46:00 PM
From: kumqwatt  Respond to of 13776
 
AGRS --this is huge