Thursday March 16, 2:59 pm Eastern Time
Company Press Release
SOURCE: WorldNet Resource Group, Inc.
WorldNet Resource Group Retains Venture Catalyst to Provide Investor
Relations and Online Strategy Consulting
MARINA DEL REY, Calif., March 16 /PRNewswire/ -- WorldNet Resource
Group (OTC Bulletin Board: WNRG
- news) today
announced that it has retained Venture Catalyst (Nasdaq: VCAT
- news) to provide
investor relations services and online strategy consulting to the
company, whose Internet ventures can be found through its Web site at www.wnrg.com.
``We're looking forward to working with Venture Catalyst to further
our online strategy,'' stated Stephen Brown, Chairman of WNRG. ``We are
happy to retain a company with Venture Catalyst's online expertise.
Venture Catalyst has agreed to take a portion of their compensation in
WNRG stock because of their strong belief in the company.''
David Bronte, Director of Market Intelligence of Venture Catalyst,
stated, ``We are gratified that WNRG has selected us to help increase
its exposure to consumers and the financial world. Our intention is to
help WNRG communicate its vision and offerings to the investment
community, and to consumers of online content and merchandise.''
About WorldNet Resource Group
WorldNet Resource Group, Inc. (OTC Bulletin Board: WNRG
- news) is a Marina
Del Rey, California based company, whose Web site, www.wnrg.com serves
as a launching pad for its Internet ventures, which include
AnythingSurplus.com, Eccount.com, Car Rental Direct.com, AuctionFun.com,
WorldAg.net, E-Devour.com and JazzHallOfFame.com.
About Venture Catalyst Incorporated
Headquartered in San Diego, Calif. and with offices in Santa Monica,
Venture Catalyst Incorporated (Nasdaq: VCAT
- news; www.vcat.com)
is a full-service consulting company. Through its Venture Catalyst
division, the Company serves the strategic and growth needs of private
and public technology companies. Venture Catalyst Incorporated provides
investor relations, public relations and marketing, strategic planning,
state-of-the-art incubation facilities, as well as comprehensive Web
development services through Cyberworks, Inc. (cyberworks.com), the
Company's wholly-owned subsidiary.
For information about WorldNet Resource Group, please contact David
Bronte, Venture Catalyst, at 310/399-4059.
Forward-looking statements and comments in this press release are
made pursuant to safe harbor 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 necessary 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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