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All Press Releases for September 5, 2002

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IBM VETERAN JOINS WORLD ASSETS GROUP INC.

WORLD ASSETS GROUP INC. a new business accelerator company announces ne executive.

Stuart, Florida -- September 9, 2002- World Assets Group Inc. (OTC: WLRDF") announced today that former IBM and Office Depot executive Andy Ruppanner accepted the position of Chief Executive Officer of World Assets Group Inc. (US). Mr. Ruppanner will report directly to Board Chairman, Dr. Claus Wagner-Bartak and continue in his position on the Board of Directors as Secretary/Director.

Dr. Claus Wagner-Bartak commented; Having worked closely with Andy in developing the business infrastructure for World Assets Group, I have had the pleasure of watching a true professional at work. I know the business operations of the company will excel under his energetic leadership."

Andy Ruppanner
Holding an MBA from Emory University, Ruppanner served as a marketing and services executive for over 25 years at IBM and Office Depot. Known as a company starter" his entrepreneurial creativity and operational discipline have assisted several technology and start-up companies get 'up-and-running quickly and profitably. Ruppanners long running interest in the arts world was recently ignited when he assisted West Palm Beach entrepreneur Paul Fisher develop an automated art 'Jurying System for the Smithsonian Institution. Since that time he has been consulting with several artists and art related companies.

Im honored and very enthusiastic about formally joining with Dr. Wagner-Bartak in this important capacity. Im proud to be on the team, and look forward to much success in the coming years;" stated Ruppanner.

World Assets Group Inc.
The business of World Assets Group Inc. is to acquire and operate companies, injecting the skills and business processes required to accelerate growth and profits. The Company grows profitable enterprises worldwide providing exceptional products and services to as many people possible at a good value, while striving for an above-average profit for its shareholders and promoting a better quality of life for people everywhere.

For more information about World Assets Group Inc., please visit its website www.worldassetsgroup.com or e-mail info@worldassetsgroup.com.

Press Contact:
J. B. McKay
press@worldassetsgroup.com

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J B McKay
World Assets Group
561-654-8065
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