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Winners Internet Network, Inc. to Resubmit Form 10-SB to Reflect New Focus On Financial Processing and e-Commerce.
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Feb. 18, 2000.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12918848
(BSNS WIRE)ÿÿ Winners Internet Network, Inc. to Resubmit Form 10-SB to
Ref
Winners Internet Network, Inc. to Resubmit Form 10-SB to Reflect New
Focus On
Financial Processing and e-Commerce
ÿ
ÿ
ÿÿÿÿ Business Editors
ÿ
ÿÿÿÿ ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Feb. 18, 2000--David C.
Skinner, Jr., President and CEO of Winners Internet Network, Inc.
(OTCBB: WINR), www.winr.net, announced today that WINR will withdraw
and re-file its Form 10-SB Registration Statement, allowing the
company`s current focus and direction to be more accurately reflected
in the new filing.
ÿÿÿÿ WINR received its first comment letter from the Securities &
Exchange Commission (SEC) regarding its registration statement on
February 17, 2000, reflecting the normal feedback process during such
registrations. The comments were delayed as a result of the enormous
work load within the offices of the SEC. The SEC has encouraged the
company to withdraw the registration statement and re-file because it
will be impossible complete the comment and response process and
finalize the filing prior to its effective date of February 22, 2000.
The company has concurred and is withdrawing the Registration
Statement and will resubmit a new filing as soon as possible.
ÿÿÿÿ "We expect to have the revised Registration Statement re-filed
shortly," noted Mr. Skinner, "and this has the added advantage of
allowing the new filing to more accurately represent WINR's new focus
on financial transaction processing and e-commerce as reflected in
company press releases over the last two months. Next week we will be
formally issuing our new Mission Statement, which will be available at
our web site, to reflect our exciting new focus going forward."
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ÿÿÿÿ About Winners Internet Network
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ÿÿÿÿ Winners Internet Network (www.winr.net) is rapidly positioning
itself as one of the premier financial transaction processors and
integrators in Europe. Through a series of recent acquisitions and
partnerships, it has laid the groundwork for an integrated financial
processing and e-commerce network that will offer compelling benefits
and proprietary advantages over its competitors. Winners services both
vendors and customers in the expanding Internet-based e-commerce space
with state-of-the-art secure financial transaction software and
technology.
ÿÿÿÿ Winners Internet Network recently acquired a significant interest
in SupraNet AG one of the fast growing and most profitable ISPs in
Europe. Both companies jointly market the Supra Secure Mail system
(SSM), which supports a 448 bit key security protocol, making it the
most advanced and secure encryption technology available.
ÿÿÿÿ Winners Internet Network, Inc. is a public company trading on the
OTC Bulletin Board under the symbol `WINR.' The Company has also filed
an application for a German listing of its shares in order to
introduce WINR to the European stock market and investment community.
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ÿÿÿÿ Disclaimer
ÿ
ÿÿÿÿ Information contained in this news release - other than
historical information - should be considered as forward-looking,
pursuant to the "safe harbor" provisions of the of the Private
Securities Litigation Reform Act of 1995, and as such are subject to
various risk factors and uncertainties. For instance, Winners Internet
Network, Inc.'s strategies and operations involve risks of
competition, changing market conditions, changes in laws and
regulations affecting these industries, and numerous other factors.
Accordingly, actual results may differ materially from those in such
forward-looking statements.
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ÿÿÿÿ --30--ac/ny*
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ÿÿÿÿ CONTACT: Winners Internet Network, Inc.
ÿÿÿÿÿÿÿÿÿÿÿÿÿ David Skinner Jr., 800/358-4242
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Email: [e-mail]
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ or
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Investor's contact for the U.S.:
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Columbia Financial Group, Inc.
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Kevin Holmes, 888/301-6271
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Email: [e-mail]
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ or
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Investor's contact for Europe:
ÿÿÿÿÿÿÿÿÿÿÿÿÿ World of Internet.com, AG
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Torsten Prochnow and Dennis C. Hass,
ÿÿÿÿÿÿÿÿÿÿÿÿÿ 011-49-172-4031383 or 011-49-172-4062621
ÿÿÿÿÿÿÿÿÿÿÿÿÿ Website: www.worldofinternet.com
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ÿÿÿÿ KEYWORD: FLORIDA INTERNATIONAL EUROPE
ÿÿÿÿ INDUSTRY KEYWORD: BANKING E-COMMERCE INTERNET
COMPUTERS/ELECTRONICS
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