E-Phoria Online Systems to Acquire AutoPoint.com from WorldNet Resource Group

    EL SEGUNDO, Calif.--May 2, 2001--WorldNet Resource Group Inc. (OTCBB:WNRG) (OTCBB:WNRGE) today announced that it has signed a Letter of Intent with E-Phoria Online Systems Inc. (CDNX:EBM) in which WorldNet Resource Group's fully-owned entity AutoPoint.com (www.autopoint.com) will be taken over by E-Phoria.
    At the closing of the transaction, E-Phoria will issue shares to WorldNet Resource Group, thus making it the majority shareholder of E-Phoria.
    Expected to launch in mid-summer of 2001, AutoPoint.com will offer customers the convenience of reserving a mechanic via the Internet to be dispatched to their home or office. AutoPoint.com is designed as an additional sales and distribution channel for locally operated brick-and-mortar auto service centers.
    AutoPoint.com is expected to serve as a central location on the Internet where individuals in need of automotive repairs and services can easily determine the location of available service representatives who will help retrieve necessary parts for repairs and make service calls for customers.
    "This transaction is the culmination of a process that is the basis of the WNRG business plan," said Stephen Brown, president and CEO of WorldNet Resource Group. "Our goal is to expand and develop our ventures into viable products which can then exist on their own, thus increasing the shareholder value of WNRG."

    About E-Phoria Online Systems

    E-Phoria Online Systems has operated one of the premier electronic casting sites on the Web and will continue to develop its online expertise within other electronic businesses.

    About WorldNet Resource Group

    WorldNet Resource Group is dedicated to developing and expanding business properties into the new age. Taking the traditional business model and enhancing its development with the aid of new media technologies, WNRG creates a multifaceted presence both online and in traditional arenas. For more information, visit www.wnrg.com

    Forward-looking statements and comments in this news 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 necessarily 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.