Whitney Information Network, Inc. Posts Financial Results for the Second Quarter of 2007 and Announces Delay in Filing its Form 10-Q

    CAPE CORAL, FLA., August 24 /CNW/ - Whitney Information Network, Inc.
(the "Company") (Pink Sheets:  RUSS) announced that it is unable to timely file
its Quarterly Report on Form 10-Q for the three months ended June 30, 2007,
which was due on August 14, 2007.

    It has filed a Current Report on Form 8-K with the SEC relating to the
delay in filing the Form 10-Q and providing financial results for the quarter
and six months ended June 30, 2007, as well as additional information.
Investors are urged to review the entire Current Report which is available
through the SEC's website at: http://www.sec.gov.

    About Whitney Information Network, Inc.:

    Whitney Information Network, Inc. (Pink Sheets:  RUSS) is a provider of
postsecondary education focused on individual wealth creation and personal
success. Whitney Information Network, Inc. provides students with
comprehensive instruction and mentorship in real estate investment, stock
trading, business development and individual investment strategies in the
United States, United Kingdom, Canada and Costa Rica. Additional information
can be found at www.wincorporate.com.

For further information:

For further information: Whitney Information Network, Inc., Cape Coral
Connie Schwarberg, 239-542-0643

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