WorldNet Resource Group to Acquire Autopoint.com
22 November 2000
WorldNet Resource Group to Acquire Autopoint.com
MARINA DEL REY, Calif.--Nov. 22, 2000--WorldNet Resource Group Inc. (OTCBB:WNRG) today announced that it has signed a letter of intent to acquire Autopoint.com.Autopoint.com will bring WNRG into the automotive service industry with an on-line advantage. The service will offer customers the convenience of reserving a mechanic via the Internet to be dispatched to their home or office. In today's busy world, such Web-based services offer people the opportunity to save time and remain productive while taking care of time consuming necessities. The demand for such services is illustrated by the success of such Web-based services as HomeGrocer.com(TM)/Webvan(TM) and CarsDirect.com(TM).
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.
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.