Cyberstation Formed

8 February 1999

PlayStar Wyoming Holding Corporation announced the signing of a agreement with Cyberstation St. Kitts Ltd. The agreement calls for the creation of a wholly owned subsidiary, the primary business of which will be secure electronic Internet credit card transaction processing.

The Company has also reorganized its management. The Company has entered into an exclusive agreement with Cyberstation St. Kitts to manage the day to day operations of PlayStar subsidiaries - concentrating on the potential presented by electronic commerce solutions.

Officials with PlayStar noted that, "Trade shows have been booked for the coming year in order to promote the company's products worldwide. For example, the Cash Engine technology has already reserved booths at several electronic commerce trade shows and will be present in Toronto, New York, Los Angeles and Tel Aviv. The Company most recently unveiled its "Cash Engine" technology at the Interactive 2000 trade show in Las Vegas and believes it received an overwhelming response from the industry representatives attending the show."