The Unabridged History of Winners and Losers

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Winners Internet Network, Inc., Announces Receipt of SEC Comment Letter on 8-K and 10-Q Filings.
ST. AUGUSTINE, Fla., Jun 16, 2000 /PRNewswire via COMTEX.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=13900457
Winners Internet Network, Inc., Announces Receipt of SEC Comment Letter on 8-K
and 10-Q Filings
ST. AUGUSTINE, Fla., Jun 16, 2000 /PRNewswire via COMTEX/ -- David C. Skinner
Jr., President and CEO of Winners Internet Network, Inc. (OTC Bulletin Board:
WINR), today announced that the company has received a comment letter from the
SEC on its recent 8-K and 10-Q filings.

"Due to the close interest with which our shareholders are following the SEC
approval process, we wanted to keep everyone informed of our progress," said Mr.
Skinner. "On Monday we received a comment letter from the SEC with two questions
on the 8-K and four questions on the 10-Q. We are in the process of preparing
responses to these questions and anticipate submitting our response by early
next week. If our response is accepted and approved by the SEC, we would
anticipate being re-listed in short order. Clearly, if the SEC returns
additional questions, we will address them in as timely and professional manner
as possible in the interest of rapidly re-establishing ourselves as a fully
reporting company with SEC approval. In the meantime, we are continuing to
execute on our business, which in the long run will be the true determinant of
the value of our enterprise and our share price."

Mr. Skinner added, "We have appreciated the extremely positive response to our
new web site by many of our shareholders and partners, and we look forward to a
bright future."

About Winners Internet Network

Winners Internet Network (www.winr.net) is working to position itself as one of
the premier financial transaction processors and integrators in Europe. Through
a series of recent acquisitions and partnerships, it is laying the groundwork
for an integrated financial processing and e-commerce network that it believes
will offer 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 with the symbol "WINR." The
Company is also listed on the Hamburg and Frankfurt Stock Exchanges in Germany
to provide local access to the Company and its stock for the European investment
community.

About SupraNet AG

SupraNet AG (www.supra.net), a private company based in Liechtenstein, is an
affiliate of Winners Internet Network. SupraNet AG serves individuals and
businesses throughout Europe, providing Dial-Up Internet Access, Leased Lines,
DSL Connections, Hosting and Venue, E-Mail, and Encryption and Privacy
Technology and Systems.

Contact: David Skinner Jr., President of Winners Internet Network, Inc.
Stockholder Information/Investor Relations Via e-mail only: [e-mail].

Safe Harbor Statement: This press release contains certain forward-looking
statements. For this purpose any statements contained in this press release that
are not statements of historical fact may be deemed to be forward-looking
statements. These statements by their nature involve substantial risks and
uncertainties, and actual results may differ materially depending on a variety
of factors, many of which are not within the Company's control. These factors
include, but are not limited to, economic conditions generally and in the
industries in which the Company may participate; competition within their chosen
industry, including competition from much larger competitors; technological
advances and failure by them to successfully develop business relationships.

SOURCE Winners Internet Network, Inc.

CONTACT: Investors, David Skinner Jr., President of Winners Internet
Network, Inc., e-mail, [e-mail]; or McBride and Associates,
727-820-0711, for Winners Internet Network, Inc.

URL: http://www.winr.net
http://www.supra.net
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

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