Analyst Charles Payne Chooses Winmax to Produce, Host and Video Stream His Stockpickers Show.

Business & Entertainment Editors/High-Tech Writers

DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--July 24, 2002

Winmax Trading Group, Inc. (OTCBB:WMTG) is pleased to announce that it has been selected by Mr. Charles Payne, President, CEO and Senior Investment Analyst of Wall Street Strategies, Corp., to have Winmax produce, host and video stream Mr. Payne's daily financial market Internet video program, "Stockpickers".

Charles Payne has previously appeared in the mainstream media, including an Internet audience on the Yahoo Finance Vision. Winmax's new production of Stockpickers will allow Mr. Payne the opportunity to provide Stockpicker's audience with his insight on the daily markets.

Winmax is pleased that Mr. Payne has selected Winmax to host this production, which may increase traffic to Winmax's retail and commercial website's and possibly increase interactive advertising revenue and multiple branding opportunities.

Winmax Trading Group, Inc.'s CEO Gerald Sklar said, "We hope that our technical expertise and strong production capabilities will bring Mr. Payne's Internet investment show to a higher level."

Wall Street Strategies CEO Charles Payne commented, "The two companies have a similar vision for the Stockpickers show and I am pleased to have this new opportunity."

About Wall Street Strategies

Wall Street Strategies, Corp., provides investment research and information services to individual and institutional investors and financial professionals, including brokerage firms and their clients, investment banks and their clients and mutual fund and portfolio managers. Wall Street Strategies, Inc. has delivered its products, including financial and market information, analysis, advice and commentary, to paying subscribers through a variety of media, including phone, fax, e-mail, audio recordings, newsletters and traditional mail. Since 1991, Wall Street Strategies, Inc. has provided independent research, analysis, news, information, advice and commentary concerning investments and financial markets to the investment community.

Wall Street Strategies, Corp., is a provider of Independent Research on US Equities. Mr. Payne is a Registered Investment Adviser with the U.S. Securities and Exchange Commission, and has appeared on ABC World News, CNNFn, BBC Television, CBS Market Watch and other finance-oriented programming.

About Winmax

Winmax Trading Group, Inc.'s corporate strategy is to: (a) establish a web development design, web casting, Internet solutions and e-commerce business; and (b) acquire precious and semi-precious gemstone raw materials and/or minerals from properties in which it has an interest, and/or from third party miners and to thereafter arrange for the finishing and marketing of the gemstone material and created jewelry through the Company's Internet website located at http://www.thegemstore.com.

Winmax Trading Group, Inc. is also quoted on the Frankfurt Stock Exchange (WKN - 907 382, and Symbol WT6). The listing includes the German computer trading system XETRA.

For Further information on this news release or on the Company, please contact:

Gerald E. Sklar, President and CEO Telephone number: 1-866-624-4466. http://www.winmaxtradinggroup.com and http://www.winmaxtradinggroup.de Email: [e-mail] or [e-mail]

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Winmax Trading Group, Inc. is referred to herein as "we" or "our." The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include those concerning the beneficial nature of our producing, hosting and video-steaming services, Charles Payne's selection of Winmax to produce, host and video stream his "Stockpickers" show, our business and expertise in video steaming technologies, our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) intense competition in the web development design, web casting, Internet solutions and e-commerce business, as well as the gemstone business; (b) whether we are able to manage our planned growth efficiently, including whether our management will be able to identify, hire, train, retain, motivate and manage required personnel or that management will be able to manage and exploit existing and potential market opportunities successfully; (c) whether we are able to generate sufficient revenues or obtain financing to sustain and grow our operations, including the ability to support any possible future exploration activities; and (d) should we engage in testing and exploration activities, we will be subject to regulatory concerns, including those regulations pertaining to environmental permitting of operations, air quality, water quality and wildlife monitoring, safety regulations, claim filings and maintenance inspection and monitoring, all of which would subject us to substantial costs (See our periodic filings and other documents we have filed with the Securities and Exchange Commission, including but not limited to our annual reports on Form 10-KSB and quarterly reports on Form 10-QSB). Statements made herein are as of the date of the filing of this press release and should not be relied upon as of any subsequent date. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.