WorldNet Resource Group Acquires Equity Stake In MyMobileCity, Inc.

Business Editors

SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Aug. 22, 2000

From the Wireless Developer 2000 conference, WorldNet Resource Group, Inc. (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. : WNRG) announced today its acquisition of a 20 percent stake in MyMobileCity, Inc.

MyMobileCity.com offers an innovative and friendly approach to searching for listings from limousine services to veterinarians Veterinarians and veterinary surgeons (vets) are medical professionals who operate exclusively on animals. Well-known and notable veterinarians include:

Wayne Allard, a U.S.

to nightlife, all accessible through a worldwide wireless network. MyMobileCity was founded by entrepreneur Joseph Maloney of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. who owns two award-winning patents in industrial design and electrical engineering electrical engineering: see engineering.

electrical engineering

Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. . Maloney's designs have earned worldwide awards, notably in Europe and Asia. "I'm excited to partner with WNRG and feel that their resources and relationships in new media are the perfect catalyst for MyMobileCity's growth," said Maloney.

WNRG President/CEO Stephen Brown Stephen Brown may refer to:

Adventures of Stephen Brown, a science-fiction series
Stephen Brown (judge), a member of the British privy council
Stephen Brown (athlete), a competitor at the 2000 Summer Olympics
Stephen Brown (columnist), a contributor to

stated, "MyMobileCity is a perfect example of the ingenuity and foresight that we like to associate with the WNRG name. I believe Joe's vision and track record will help this company find its place as a staple in the wireless community." MyMobileCity is uniquely positioned to allow mobile Internet users to locate and receive information and services in a personalized environment while "on the go." Other venues currently in development are MyMobileMusic and MyMobileOrganizer.

About WorldNet Resource Group

WorldNet Resource Group, Inc. (OTC Bulletin Board: WNRG) is a Marina Del Rey, Calif.-based company whose Web site, www.wnrg.com serves as a launch pad for its Internet ventures.

Forward-looking statements and comments in this press release are made pursuant to 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 Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission in the future.

SOURCE WorldNet Resource Group, Inc.

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Publication:	Business Wire
Date:	Aug 22, 2000
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