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Winners CEO Cites Progress; Skinner Updates Glennaire Acquisition, Addresses E-Listing.
ST. AUGUSTINE, Fla., April 28, 2000 /PRNewswire.
http://www.ragingbull.com/mboard/boards.cgi?read=16830&board=WINR
Press Release : Friday April 28, 6:39 pm Eastern Time

Company Press Release
SOURCE: Winners Internet Network, Inc.
Winners CEO Cites Progress; Skinner Updates Glennaire Acquisition, Addresses E-Listing
ST. AUGUSTINE, Fla., April 28 /PRNewswire/ -- Winners Internet Network, Inc. (OTC Bulletin Board: WINR WINRE), www.winr.net, today announced the company is proceeding with the acquisition of Glennaire Financial Services, Inc. and could announce the closing next week, according to a statement issued by WINR President - CEO David C. Skinner, Jr. ``Glennaire provides us with a subsidiary which WINR may use to hold certain of the financial and e-commerce initiatives currently being developed, and simultaneously allows us to assume the fully reporting status of the acquired subsidiary,'' Skinner said.

Skinner also addressed the E-listing, acknowledging, ``some confusion and uncertainty among our shareholders. We believe we are close to having the situation resolved.'' He indicated further information will be released soon. ``We greatly appreciate the patience and loyalty of our shareholders through this period, and assure you all that we are continuing our upward course in building company profitability and shareholder value, even as these issues are put to rest.''

``Our new web site is also very close to completion, which will provide a much more complete and comprehensive overview of WINR, its new directions, and its strategic initiatives. Development is via our affiliate, World of Internet AG, and we expect to have the beta site up and running in the next week or two,'' added Mr. Skinner.

About Winners Internet Network

Winners Internet Network (www.winr.net) is positioning itself as one of Europe's premier financial transaction processors and integrators. A series of recent acquisitions and partnerships have laid the foundation 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. Winners Internet Network recently formed a strategic partnership with and acquired a 19% equity interest in SupraNet AG.

Winners Internet Network, Inc. is a public company trading on the OTC Bulletin Board under the symbol 'WINR.' The Company is also listed on Germany's Hamburg and Frankfurt Stock Exchanges to provide the European investment community local access to the company and its stock.

About SupraNet AG

SupraNet AG (www.supra.net), a Liechtenstein private company and an affiliate of Winners Internet Network, is believed to be one of Europe's fastest growing and profitable ISPs (Annualized growth rate 1995-1999 of 80%; similar forward projections).

SupraNet AG provides individuals and businesses throughout Europe with Dial-Up Internet Access, Leased Lines, DSL Connections, Hosting and Venue, E- Mail, and Encryption and Privacy Technology and Systems.

Disclaimer

Information contained in this news release -- other than historical information -- should be considered as forward-looking, pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995, and as such is 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.

CONTACT:
David Skinner Jr., President-CEO, Winners Internet Network, Inc.
E-mail, [e-mail]

In Europe:

Torsten Prochnow and Dennis C. Hass, World of Internet.com, AG, 011-49-172-4031383 or 011-49-172-4062621.

Web site: www.worldofinternet.com

SOURCE: Winners Internet Network, Inc.