Wayne Root & Jim Feist merging

[Joe D]

News for 'GWNI' - (GWIN and National Sports Services Announce Their
Intention to Combine and Create the Dominant Sports Handicapping
Industry
Leader)


LAS VEGAS, Mar 27, 2006 (BUSINESS WIRE) -- GWIN Inc. (OTCBB: GWNI),
America's
only publicly traded sports handicapping and entertainment company, and
National
Sports Services Inc. ("NSS"), one of the largest privately held sports
handicapping and information services companies, announced today that
they
have
entered into a nonbinding Letter of Intent ("LOI") to combine key
assets
of the
NSS operation ("NSS Assets") into GWIN. The terms of the LOI call for
GWIN
to
acquire certain assets from NSS including, but not limited to, its
customer
databases, brand names, access to its television and media contracts,
Nevada
Sports Schedule, sales and operations staff, and handicapper agreements
in
exchange for GWIN common stock. Following completion of a Definitive
Agreement,
due diligence, and approval by GWIN and NSS shareholders, the company
will
change its name, complete a round of financing, and effect a 1-for-20
reverse
stock split. Although no assurances can be given, the target date for
completing
the transaction is July 2006. Based upon NSS's year ending 2005 12
month
sales
volume attributed to the NSS Assets, the combined company is expected
to
more
than double GWIN's annual revenues. Following the transaction, NSS's
current
shareholder will hold approximately 50% of the outstanding shares in
the
newly
named company. Jim Feist and Wayne Allyn Root will enter into five-year
agreements to provide their sports handicapping services exclusively to
the
company and following board approval Douglas Miller, currently
president
and COO
of GWIN, will become the company's CEO and Tom Collins, currently COO
of
NSS,
will assume the role of COO. Jeff Johnson will continue in his position
as
CFO.

GWIN Chairman & CEO Wayne Allyn Root said of the deal, "I am thrilled
and
honored to announce this deal. Jim Feist and I are two of the most
recognizable
names in sports handicapping history. Between us we have the highest
profile
sports handicapping shows on American television: 'Proline™' on USA
TV
Network and 'The WinningEDGE™' on Superstation WGN. We attract the
most
sports betting enthusiasts and have built the two largest firms in the
industry's history. This is a marriage of industry leaders and Legends
that will
create a dominant market leader. Our merger is a classic example of
industry
consolidation and economies of scale where a relatively fixed overhead
can
support substantially higher revenues. This merger will allow the
combination of
our revenues and the ability to keep more of those revenues as profits,
further
amplifying shareholder value. Also, as sponsorship, branding
opportunities, and
database rental become increasingly larger revenue opportunities, the
synergy we
can offer corporate sponsors with our two TV shows, along with our
combined
databases, puts us in a strong position going forward. By combining our
efforts
we will be well positioned to lead the consolidation of the industry
and
offer a
higher quality product to our audience of global sports betting
enthusiasts.
With critical mass now assured, we can turn our attention to increasing
our
online presence and open additional sales offices both in the U.S. and
internationally."

NSS Chairman, CEO and sole shareholder Jim Feist said, "In the more
than
30
years I have been in this industry it has come a long way. Wayne and I
have
built what are undoubtedly the two premier sports handicapping
companies
in the
country and surrounded ourselves with outstanding handicappers and
employees.
Given the explosion in the number of gambling enthusiasts and the
interest
in
gaming as entertainment on the Internet and television as well as
traditional
land-based operations, a consolidation of our industry was inevitable.
The
combination of certain assets of National Sports Services and GWIN will
create a
company that is unparalleled in the history of the industry. The newly
combined
company will have the resources, experience, and talent to not only
dominate the
U.S. industry, but also quickly expand into other lucrative markets. I
look
forward to working with Wayne and the talented group of executives and
sales
personnel that this deal brings together to build a global sports
gaming
and
entertainment powerhouse."

About GWIN

GWIN Inc. is America's only publicly traded sports handicapping
company.
GWIN
specializes in developing and marketing sports handicapping advice and
information via television (The Winning EDGE™), radio and the
Internet
WinningEDGE.com and ewinners.com. The company produces
high-quality
sports and gaming entertainment programming and sells advertising and
sponsorship opportunities on their TV and radio properties, as well as
marketing
opportunities to an exclusive database of more than one million
predominately
male sports and gaming fans.

About NSS

National Sports Services Inc. is one of America's largest sports
information
services companies, providing sports handicapping selections and sports
analyses, odds, scores, injuries and commentary delivered via Internet,
telephone, audiotext, 900 numbers, television and radio. NSS markets
several
nationally known sports analysts, including its owner, Jim Feist. NSS
prints and
distributes internationally The Nevada Sports Schedule, a magazine
providing
game rotation matchups and start times used by sports books and sports
bettors
throughout the world. It produces America's longest-running
handicapping
show on
television, PROLINE, which is seen on the USA Cable network and
introduced
an
Internet-only weekly TV show broadcast on the Web.

Safe Harbor Statement -- The above news release contains
forward-looking
statements. These statements are based on assumptions that the
management
of
GWIN Inc and NSS believes are reasonable based on currently available
information, and include statements regarding the intent, belief or
current
expectations of GWIN Inc. Prospective investors are cautioned that any
such
forward-looking statements are not guarantees of future performance,
and
are
subject to a wide range of business risks, external factors and
uncertainties.
Actual results may differ materially from those indicated by such
forward-looking statements. GWIN Inc. assumes no obligation to update
the
information contained in this press release, whether as a result of new
information, future events or otherwise.

SOURCE: GWIN Inc.



Copyright Business Wire 2006


SUBJECT CODE: Merger/Acquisition



Source: Comtext Market News

Compliments of Scottrade.com

[Will]

2 Huge Scammers

[Joe D]

Now it's one BIG Scam instead of two !!!

[jonnyblaze]

Now I just get to fade one service instead of two. Maybe Brandon Lang can join with them and I can just wait for thier plays instead of capping

[BigNuttsSpartanFan]

Their stock is trading at only $.049/share. It might be worth a couple hundred dollars to see if it will go up.
http://finance.yahoo.com/q?s=GWNI.OB

[Will]

my foot will merge with there ass if they ever call me

[Klazerman]

One of Fesit's lackeys called me yesterday. I told him in no certain terms to f-ck off scammer- then I realized my 7 yr old son was in the back of the car.
O h well,
Hopefully i got my point across to those sheisters.
Get Lang and ATS and I will buy their picks just to fade em.
Klaze

[Will]

Originally Posted by Klazerman

One of Fesit's lackeys called me yesterday. I told him in no certain terms to f-ck off scammer- then I realized my 7 yr old son was in the back of the car.
O h well,
Hopefully i got my point across to those sheisters.
Get Lang and ATS and I will buy their picks just to fade em.
Klaze

LOL..I would have done the samething..what did the scammer say after you said that?

[The Judge]

No surprise with this merger.

[NY Mane]

They are probably merging because their businesses are hurting.