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Winners Internet Network, Inc., Announces Creation of Non-profit "World Security Forum" Foundation.


Business Editors

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Feb. 22, 2000

David C. Skinner, Jr., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Winners Internet Network, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: WINR WINR Women In Nude Recreation
WINR Women in New Roles (Toronto, Canada) 
), www.winr.net, today announced the formation of a non-profit foundation entitled the "World Security Forum" whose charter is to create and sustain an ongoing forum for discussion, education, information exchange and synergy among e-commerce companies and solution providers in the Internet security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
 arena, and to serve as an advocate of privacy, confidentiality and security for all consumers who participate in the e-commerce space.

"The Internet holds the promise of a global, interconnected economy with greater diversity and opportunity than previously seen in the history of mankind. But with such promise come increased risks as seen in the recent denial of service attacks on major e-commerce companies, the accessing by a hacker of 350,000 credit card numbers at CDUniverse, and similar incidents which are creating a level of concern among consumers that could seriously impact the future development of e-commerce at all levels," noted Mr. Skinner.

"According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a recent poll done for IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  by Louis Harris Louis Harris (born 6 January 1921) is an American opinion-polling entrepreneur, journalist, and author. He ran one of the best-known polling organizations of his time, Louis Harris and Associates (LHA) which conducted so-called Harris polls.  and Associates, 72% of consumers are concerned about threats to their privacy on the Web. Nearly two-thirds of consumers polled say they`ve refused to give information at a financial site. And more than half of them say they`ve decided not to make a purchase at a retail, insurance or financial site because of these worries. Over 53% of shoppers report exiting a site and going instead to a brick-and-mortar store - not necessarily run by the same business - rather than buy online due to these fears and concerns."

Mr. Skinner added, "Clearly this issue is far larger than any one company or set of companies. It is fundamental to the success amd future of all of who participate in the e-commerce and financial transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 space that we develop and implement reliable, proven and accountable systems and solutions that can alleviate these problems and legitimately earn the consumers' trust."

"As a growing leader in the secure transaction processing industry, we at WINR wanted to take an active role in bringing together the many outstanding companies and individuals involved in this field, to jointly work on shaping the future of privacy and security on the web in a way that allows the promise of e-commerce and the Internet to be realized for all participants," said Mr. Skinner. "The idea for the foundation grew out of discussions with other key players and participants in the Internet security space, and we look forward to collaboration with many of these companies and individuals in realizing the goals of the foundation."

The World Security Forum non-profit foundation and its charter have been accepted and approved by the Principality of Leichtenstein. The founding directors of the foundation include Dr. Reinhart Proksch (International Attorney, Author and Lecturer), Markus Buechel (former Prime Minister and Minister of Finance of Liechtenstein), and David Skinner

For other people named David Skinner, see David Skinner (disambiguation).


David Skinner is an assistant managing editor at The Weekly Standard whose articles frequently appear in the magazine or on its Web site.
, Jr. (President and CEO of Winners Internet Network, Inc.). "Liechtenstein, a thriving country located in the heart of Europe, supports some of the strictest banking secrecy and financial privacy laws in the world," noted Mr. Skinner, "thus serving as a standard we might well aspire to aspire to
verb aim for, desire, pursue, hope for, long for, crave, seek out, wish for, dream about, yearn for, hunger for, hanker after, be eager for, set your heart on, set your sights on, be ambitious for
."

The foundation will sponsor a web site which is currently under development and will also sponsor an annual World Security Forum in Vaduz, Liechtenstein's capital. Details of both will be announced shortly.

About the World Security Forum

The World Security Forum is a globally oriented non-profit foundation organized under the laws of the Principality of Liechtenstein and sponsored by Winners Internet Network, Inc. (WINR).

The foundation's charter is to create and sustain an ongoing forum for discussion, education, information exchange and synergy among e-commerce companies and solution providers in the Internet security arena, and to serve as an advocate of privacy, confidentiality and security for all consumers who participate in the e-commerce space.

The foundation will sponsor a web site, currently under development, which will serve as a central exchange for ideas, problems, solutions, and emerging standards in the rapidly evolving web security industry. It will also sponsor an annual World Security Forum in Vaduz, the capital of Liechtenstein, to bring the leaders and innovators in the field together with the e-commerce companies they serve, in the interests of creating a global, safe, secure e-commerce environment for consumers and businesses alike.

About Winners Internet Network

Winners Internet Network (www.winr.net) is rapidly positioning itself as one of the premier financial transaction processors and integrators in Europe. Through a series of recent acquisitions and partnerships, it has laid 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 acquired a significant interest in SupraNet AG, one of the fast growing and most profitable ISPs in Europe. Both companies jointly market the Supra A relational DBMS from Cincom Systems, Inc., Cincinnati, OH (www.cincom.com) that runs on IBM mainframes and VAXs. It includes a query language and a program that automates the database design process.  Secure Mail system (SSM SSM
abbr.
surface-to-surface missile
), which supports a 448 bit key security protocol, making it the most advanced and secure encryption technology available.

Winners Internet Network, Inc. is a public company trading on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 under the symbol 'WINR.' The Company has also filed an application for a German listing of its shares 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 one of the fastest growing and most profitable ISPs in Europe, with an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 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 See dial-up. , Leased Lines, DSL Connections, Hosting and Venue, E-Mail, and Encryption Technology and Software, including SSM - the most secure, encrypted transaction transmission technology in the world.

Disclaimer

Information contained in this news release - other than historical information - should be considered as forward-looking, pursuant to the "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, and as such are 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.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 22, 2000
Words:1071
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