Business Services Industry
Winners Internet Network, Inc., Announces New Transaction Processing Contract
Business Wire, March 8, 2000
Business Editors/High-Tech Writers
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--March 8, 2000
David C. Skinner, Jr., President and CEO of Winners Internet Network, Inc. (OTCBB:WINR), www.winr.net, today announced that the Corporacion Centroamerica El Tesoro Sociedad Anonima (CCETSA) has contracted with WINR to handle all of its financial transaction processing, effectively immediately.
CCETSA is a major fully licensed Internet and telephone based Sportbook / Casino out of San Jose, Costa Rica, operating under the name Casablanca Sportsbook & Casino (www.betcbs.com). They have been in operation for eight years, and provide Las Vegas style wagering on all American sports, including football, basketball, baseball, hockey, nascar, tennis, boxing and soccer.
In May, Casablanca intends to release an all new online casino that will be fully integrated with its sports program and offer a broad selection of games such as Blackjack, Craps, Slots, Roulette, Video Poker and Bingo. The company has a reputation throughout the industry as a solid, trustworthy and well established book, and is recommended or featured on industry review and resource sites such as Bettorsworld (www.bettorsworld.com), where it is rated "Cream of the Crop", and the prestigious Don Best Sports service (www.donbest.com),.
"Casablanca is one of the class acts in the Internet gaming field and we are proud that they have selected us as their financial processor," said Mr. Skinner. "The Casablanca contract provides one more example of the confidence that Internet gaming companies have in our secure financial transaction processing systems. While we are currently transitioning this capability into a broad based e-commerce offering, we will continue to vigorously support our gaming clients, and will most likely aggregate all such activities into a corporate subsidiary."
"We also will be offering access to Casablanca through the www.Gaming-Plus.com category of our `-Plus' e-commerce network as the network is rolled out over the coming months. This is in keeping with our vision for the `-Plus' network of an interlinked community of business, service, and entertainment sites which provide consumers with the peace of mind of knowing that any e-business sponsored in the `-Plus' community will be screened, monitored and maintained at the highest levels of integrity, value, and customer service."
Daniel Wabe, operations manager for Casablanca Sportsbook & Casino, added: "We selected WINR after a thorough evaluation of our needs and of the competitive suppliers in the industry. In our opinion, WINR offers the best combination of features and customer service available today. Their system is flexible enough to handle our various incentive and bonus programs, offers full 24x7 operation and reliability, and provides the level of security and privacy that more and more customers are demanding in every aspect of Internet commerce. At Casablanca, we take great pride in our customer service and are constantly finding ways to improve based on customer feedback. In April we will move into a new state of the art facility in Costa Rica that will provide us with improved telecommunications (150 satellite phone lines) and increased internet speed, and in May we release our new casino. We feel WINR is the ideal partner to accompany us on this rapid growth path."
About Winners Internet Network
Winners Internet Network (www.winr.net) intends to rapidly 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 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, believed to be 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, which is believed to be the most advanced and secure encryption technology available.
Winners Internet Network, Inc. is a public company trading on the OTC Bulletin Board under the symbol `WINR.' The Company is also actively pursuing a listing on a German stock exchange in order to introduce WINR to the European stock market and investment community.
About SupraNet AG
SupraNet AG (www.supra.net), a private company based in Liechtenstein, is an affiliate of Winners Internet Network and is believed to be one of the fastest growing and most profitable ISPs in Europe, with an annualized growth rate of over 80% a year for the past five years and similar projections going forward.
SupraNet AG serves individuals and businesses throughout Europe, providing Dial-Up Internet Access, Leased Lines, DSL Connections, Hosting and Venue, E-Mail, and Encryption Technology and Software, including SSM believed to be the most secure, encrypted transaction transmission technology available.
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