American Internet Audit Completed.

BOCA RATON, Fla.--(BUSINESS WIRE)--Sept. 15, 1999--

AmeriNet Group.com, Inc., a publicly held Delaware corporation ("AmeriNet") registered under Section 12(g) of the Exchange Act (OTC BB:ABUY), announced today that it filed a current report on Form 8-K/A containing the audited financial statements for the year ended December 31, 1998 of its recently acquired subsidiary, American Internet Technical Center, Inc., a Florida corporation ("American Internet").

American Internet is currently involved in the design and hosting of Internet web sites, interactive educational programing through the Internet and related activities. During its first nine months of operation, it had revenues of approximately $784,463, with a gross profit of $646,711 and net income of $144,500 ($118,316 of which was distributed to its stockholders). J. Bruce Gleason, American Internet's president and a member of AmeriNet's board of directors stated that he "anticipates a material increase in American Internet's financial results once it receives the additional $250,000 in expansion and marketing capital from AmeriNet." Michael Harris Jordan, AmeriNet's president stated that he expects that American Internet's performance will make AmeriNet's efforts to develop diversified, full-Internet-service capabilities through acquisition of compatible businesses and recruitment of cutting edge talent "an easier task, with even more promising potential results." Mr. Jordan acknowledged that AmeriNet is currently in negotiation with several apparently profitable acquisition candidates in the Internet field: an Internet access provider; a marketing company specializing in sale of jewelry and other items through hospital distribution and collection networks; and, an on-line match making service for singles. However, Mr. Jordan declined to provide further details, believing release of such information to be premature.

In light of the material change in its business, AmeriNet announced that it has changed its year end to June 30, and expects to file a report on Form 10-KSB for the half year ended June 30, 1999, on or about September 28, 1999. Mr. Jordan believes such action will provide information concerning AmeriNet's current operations on an accelerated and more meaningful basis, facilitating its aggressive growth strategy.

Certain matters discussed in this press release pertain to "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may involve risks and uncertainties including but not limited to changes in general economic conditions, access to utilities, prices and costs, interest rates, consumer confidence, competition, environmental factors and governmental regulations.