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Winners Internet Network Announces Commencement of Operations.
ST.AUGUSTINE, Fla.--(BUSINESS WIRE)--May 6, 1998.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=5452027
Wednesday May 6, 1:55 pm Eastern Time
Company Press Release

Winners Internet Network Announces Commencement of
Operations

ST.AUGUSTINE, Fla.--(BUSINESS WIRE)--May 6, 1998--David Skinner Jr.,
President of
Winners Internet Network Inc. (WINR) (OTC Bulletin Board: WINR - news) 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.

Contact:

Winners Internet Network Inc.
David Skinner Jr., 800/358-4242
or
Columbia Financial Group Inc.
888/301-6271 (Brokers and Analysts)