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Players Network Files Form 10-SB With Securities and Exchange Commission

The Company reported a 43% revenue growth for the fiscal year ended December 31, 1999, when compared to revenue results for the same period ended December 31, 1998. The Company also announced that it anticipates a 100% revenue growth over 1999 for the fiscal year ending 2000.

Players Network Inc. owns and operates PlayersNetwork.com, a gaming and entertainment Internet Portal, which combines content, e-commerce and full-streaming video on the World Wide Web. Players Network also delivers the first and only 24-hour digital gaming and entertainment channels directly into hotel and casino guestrooms. The casino industry, with approximately 180 million visitors annually, is now the largest form of participant entertainment.

For more information, visit the Company's Web site at www.playersnetwork.com

Forward-looking statements made herein are pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results, performance or developments could differ materially from those expressed or implied by these forward-looking statements as a result of known or unknown risks, uncertainties and other factors described from time to time in the company's filings with the Securities and Exchange Commission, press releases or other communications.

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