NEW YORK, Sept. 30, 2005 (PRIMEZONE) -- Winmax Trading Group, Inc. (OTCBB:WMTG) ("the company") is pleased to announce that its subsidiary bnetTV will be streaming live the PAM Awards show taking place at the Lugogo Cricket Oval in Kampala, Uganda on Saturday, October 1st at 11:00 a.m. EST.
The Uganda music recording industry's first and only award, the PEARL, is annually awarded by the Pearl of Africa Music Awards voting membership to honor music excellence.
The live cast will be hosted on bnetTV's in-house servers and can be viewed at www.bnettv.com. For more information please visit the PAM Awards Web site at www.pamawards.com. The information will be archived on bnetTV's in-house servers.
"This is the first year that the PAM Awards will be webcast. The participants and nominees will benefit from this opportunity as it allows them a wider viewing audience," said Gerald Sklar, president and CEO
About bnetTV
bnetTV (business Network Television) is a full service video production and video streaming company producing both client-commissioned and in-house video and multimedia content for broadcast over the Internet. Using leading edge technology and state-of-the-art equipment, bnetTV's in-house non-linear editing suite enables us to provide broadcast quality video on our instantaneously scaleable, virtually unlimited bandwidth. Our fiber optic network allows for zero wait time and eliminates bottlenecks when accessing the Internet. bnetTV.com is a wholly owned subsidiary of Winmax Trading Group, Inc.
About Winmax
Winmax Trading Group, Inc. operates in three segments: retailing, multimedia and Internet services. Winmax's retail division, "the Gemstore and the Crystal store" features a wide range of original gemstone jewelry designs, which are developed in house by the company's team of artisans, and various decorative gemstone and minerals from Madagascar. Sales are generated from the Gemstore's e-commerce sites (www.thegemstore.com) and their retail location in New York, New York. Winmax Trading Group, Inc.'s multimedia division designs, produces and hosts several video stream and media features through Uptic.com and bnetTV.com. The Internet services division builds and creates interactive networks and e-commerce sites.
This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of the company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Winmax Trading Group, Inc. is referred to herein as "we", "our", "us.", "the company" or "Winmax". The words or phrases "would be", "may allow," "intends to", "may likely", "are expected to", "may continue", "is anticipated", "estimate", "project", or similar expressions, are intended to identify "forward-looking statements". Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) intense competition in the Web development design, webcasting, Internet solutions, e-commerce, and retail business; (b) whether we are able to manage our planned growth efficiently, including whether our management will be able to identify, hire, train, retrain, motivate, and manage required personnel or that management will be able to manage and exploit existing and potential market opportunities successfully, and (c) whether we are able to generate sufficient revenues or obtain financing to sustain and grow our operations. We are in the early stage of building and expanding the company and have not generated sufficient revenues to maintain day to day operations.