Witnet Addresses Symbol Change


TORONTO, Feb. 28, 2003(PRIMEZONE) -- Witnet International, Inc. (OTCBB:WTNT) (OTCBB:WTNTE) announced today that it will file an amended 8K, early next week and the symbol should then be changed back to WTNT.

The company will file the audited financial statements of Witnet Co. Ltd. (South Korea) for the years ended 1999, 2000 and 2001 which have been completed but were not included in earlier filings.

The Company will ensure that all proper information is amended and or included in order to remain in compliance with all reporting requirements.

About Witnet

Witnet International Inc., (OTCBB:WTNT) is a software development company with offices in Seoul, South Korea and Toronto, Canada.

Business partners include HP Japan and South Korea, LG Telecom and other major technology companies.

More information about Witnet and its products can be found at the Company's website, www.witnet21.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any forward-looking statements.



            

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