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E-Commerce Pioneer Makes Wall Street Debut; World Shopping Network Inc. Merges with USA Growth Inc.

SANTA ANA, Calif.--(BUSINESS WIRE)--July 2, 1999--

One of the first E-Commerce sites on the Internet joins forces with a company established specifically to pursue aggressive growth opportunities in E-Tailing (electronic retailing).

World Shopping Network Inc. (WSN) of Santa Ana, and USA Growth Inc. (OTC BB:USAG) of New York, announce the merger of their operations. WSN operates a popular Internet electronic shopping site at http://www.wsnetwork.com. The new company will retain the World Shopping Network Inc. name and initially trade on the OTC Bulletin Board as USAG.

A true Internet pioneer, WSN launched their Web site in 1994. The E-Tail department store features a broad selection of unique merchandise, as well inexpensive jewelry, perfume, cologne and personal items. E-Shoppers can also find favorite items such as Elvis Presley and Marilyn Monroe collectibles and new products highlighting the latest merchandising trends like Star Wars - The Phantom Menace, Tarzan and Austin Powers.

Of particular interest is the 4 million plus newspaper archive featuring complete original newspapers from all over the world, dating back to the 1880s. New product announcements lined up feature competitively priced personal computers and accessories, name-brand golf and sporting equipment and corporate promotion products. With this growing product line, WSN has secured the URL http://www.wsnmall.com to reflect a more mall-like concept to E-Shoppers.

A capital infusion was provided by business development firm, Tri Star Diversified Ventures of Las Vegas, in March 1998. With their wide network of business contacts, Tri Star opened new horizons for the firm in the 21st century. While the company offering might not receive the Wall Street attention focused on E-Bay (Nasdaq:EBAY), Amazon.com (Nasdaq:AMZN) or Broadcast.com (Nasdaq:BCST), becoming publicly traded is only one step in WSN's dramatic growth plans.

John Anton, president and CEO of WSN, rose through the CBS (NYSE:CBS) and NBC organizations in his 41 years with the communications giants. His operational leadership combines the best features of long term, "in the trenches" business experience and perceptive capitalization on the opportunities presented by the Internet revolution.

"Current trends strongly indicate the E-Commerce market is growing geometrically. WSN intends to capture a significant share of the E-Tailing sector appealing to investors looking for exceptional appreciation in a stable, well-managed Internet commerce company."

For further information, contact WSN/USAG at 888/518-8300.

Some statements in this release are forward-looking and are subject to certain risks and uncertainties. These risks and uncertainties include, but are not limited to, economic conditions, changes in laws or regulations, demand for products and services of the company and the effects of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements.
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Publication:Business Wire
Date:Jul 2, 1999
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