BOCA RATON, FLORIDA – June 15, 2010 – MediaNet Group Technologies, Inc. (OTCBB: MEDG) today announced the Company’s plan to launch a worldwide auction platform.  Through its wholly-owned subsidiary, DubLi.com, the Company’s global platform will allow customers around the world to vie for top brand items.  This platform, along with an Australian platform, will be launched at the end of June. By the end of June 2010, DubLi.com will host a total of four auction platforms to serve customers in North America, Europe, Australia and the remaining parts of the world. Michael Hansen, Founder of DubLi and President and CEO MediaNet Group, stated, “The global platform offers DubLi.com the ability to capitalize on the world’s time zones, enabling us to sell more products.  In addition, this platform allows customers to participate in the auction along side customers on the other side of the world.”

The four auction platforms will interact and impact the other as customers around the world will have the opportunity to contend for high end merchandise as well as unusual items and travel adventures.  Mr. Hansen continued, “We are raising the expectations of customers by the items offered across our four platforms; where other companies will have to follow our lead in order to stay competitive.”  Combined, these platforms are going to showcase an impressive inventory of a variety of auction items.

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. is a publicly held company and trades on the over the counter bulletin board (“OTCBB”) under the symbol MEDG.  Additional information about the Company is available in its filing with the Securities and Exchange Commission at www.sec.gov.

MediaNet Group Technologies, Inc. is a global marketing company that sells high end branded merchandise to consumers through Internet-based auctions conducted under the trade name “DubLi.com.”  As of March 31, 2010, our online auctions were conducted in Europe, North America, Australia and New Zealand and we had a large network of independent business associates that sold “credits”, or the right to make a bid in one of our auctions.  These auctions are designed to offer consumers real savings on these high end goods.  The Company, through its BSP Rewards subsidiary, also offers private branded loyalty and reward web malls where members receive rebates (rewards) on products and services from participating merchants.

Except for historical matters contained herein, statements made in this press release are forward-looking.  Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate”, or “continue” or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.

Investors and others are cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, the risk of (i) an inability to establish and/or maintain a large, growing base of business associates; (ii) an inability to develop and/or maintain brand awareness for our online auctions; (iii) a failure to maintain the competitive bidding environment for our online auctions; (iv) a failure to adapt to technological change; and (v) a failure to improve our internal controls.  The Company is also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

BOCA RATON, FLORIDA – June 14, 2010 – MediaNet Group Technologies, Inc. (OTCBB: MEDG) today announced that Michael Hansen, President and Chief Executive Officer of MediaNet Group Technologies, Inc. has been named Chief Executive Officer of the Company’s wholly-owned subsidiary, BSP Rewards, Inc.

Kent Lee Holmstoel, Chief Operating Officer of MediaNet Group Technologies, Inc. (“MediaNet”) stated, “When we first learned of BSP Rewards, we immediately saw the value that it would bring to our customers and the ability of its online mall to seamlessly fit with our reverse auction platforms.  Since that time, the integration of BSP Rewards with the DubLi technology has proven to be successful and we are excited about the continued enhancements to BSP Rewards online services.  Michael will be instrumental in bringing BSP Rewards to the next level of the customer experience and he continues to shape its service offerings in order to enhance the shopping experience and increase our customers’ usage of our shopping malls in our primary markets in the world.”

Mr. Holmstoel continued, “Michael has demonstrated his ability as a visionary and a strong leader to DubLi and, more recently, to MediaNet and we look forward to having his leadership as the new CEO of BSP Rewards.”

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. is a publicly held company and trades on the over the counter bulletin board (“OTCBB”) under the symbol MEDG.  Additional information about the Company is available in its filing with the Securities and Exchange Commission at www.sec.gov.

MediaNet Group Technologies, Inc. is a global marketing company that sells high end branded merchandise to consumers through Internet-based auctions conducted under the trade name “DubLi.com.”  Our online auctions are conducted in Europe, North America, Australia and New Zealand and we have a large network of independent business associates who market our auctions.  These auctions are designed to offer consumers real savings on these high end goods.  The Company’s BSP Rewards subsidiary, also offers private branded loyalty and reward web malls where members receive rebates (rewards) on products and services from participating merchants.

Except for historical matters contained herein, statements made in this press release are forward-looking.  Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate”, or “continue” or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.

Investors and others are cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, the risk of (i) an inability to establish and/or maintain a large, growing base of business associates; (ii) an inability to develop and/or maintain brand awareness for our online auctions; (iii) a failure to maintain the competitive bidding environment for our online auctions; (iv) a failure to adapt to technological change; and (v) a failure to improve our internal controls.  The Company is also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

BOCA RATON, FLORIDA – June 9, 2010 – DubLi, a subsidiary of MediaNet Group Technologies, Inc. (OTCBB: MEDG), today announced it will launch a global entertainment platform.  The platform will provide customers around the globe with the opportunity to subscribe to a variety of entertainment and media accessories such as music, movies, audio books and more.  DubLi Entertainment’s subscription-based platform will allow users to access their entertainment library from any device in any given location or from a social networking site.  This product offering is unique to the eCommerce, technology and multilevel marketing industries and will assist in positioning the organization as a leader in each.

The first component of DubLi Entertainment, music, is expected to launch at the end of 2010 with additional offerings rolling out over the course of the following year.  Brack Jaskey, Chief Technology Officer, stated, “We are breaking new ground within the online shopping industry with DubLi Entertainment.  We are excited about this launch because it creates a new and innovative revenue stream for the Company and provides DubLi customers with a tool that centralizes all of their online shopping needs.”  All media content through DubLi Entertainment will be licensed and will adhere to the applicable laws and regulations.

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. is a publicly held company and trades on the over the counter bulletin board (“OTCBB”) under the symbol MEDG.  Additional information about the Company is available in its filing with the Securities and Exchange Commission at www.sec.gov.

MediaNet Group Technologies, Inc. is a global marketing company that sells high end branded merchandise to consumers through Internet-based auctions conducted under the trade name “DubLi.com.”  As of March 31, 2010, our online auctions were conducted in Europe, North America, Australia and New Zealand and we had a large network of independent business associates that sold “credits”, or the right to make a bid in one of our auctions.  These auctions are designed to offer consumers real savings on these high end goods.  The Company, through its BSP Rewards subsidiary, also offers private branded loyalty and reward web malls where members receive rebates (rewards) on products and services from participating merchants.

Except for historical matters contained herein, statements made in this press release are forward-looking.  The quote by Brack Jaskey, in particular, is a forward-looking statement.  Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate”, or “continue” or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.

Investors and others are cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, the risk of (i) an inability to establish and/or maintain a large, growing base of business associates; (ii) an inability to develop and/or maintain brand awareness for our online auctions; (iii) a failure to maintain the competitive bidding environment for our online auctions; (iv) a failure to adapt to technological change; and (v) a failure to improve our internal controls.  The Company is also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

MediaNet Group Strengthens Management Team with the Addition of Top Executives

BOCA RATON, FLORIDA – June 2, 2010 – MediaNet Group Technologies, Inc. (OTCBB:MEDG) today announces that three top executives have joined the management team – Wendy Berkowitz, Richard W. Robson, Jr., and Brack Jaskey.

Wendy Berkowitz, as the Company’s buyer, now leads the team in the planning, purchasing and the implementation of auctions, and auction items as well as exclusive adventures. With her education from Northeastern University coupled with nearly 20 years experience in purchasing and product placement for sizeable companies such as Blockbuster Entertainment and Nieman Marcus, Ms. Berkowitz lends her skills to bring top of the line brand name products to DubLi.com.

Joining the Group as the head of customer service is Richard W. Robson, Jr. His skills and experience provide a solid foundation for building a worldwide customer service department bringing the offerings of the organization’s customer service operations to an unprecedented level. Mr. Robson’s career spans over a decade and his dedication to providing stellar customer service brings extraordinary value to the organization.

Mr. Jaskey has accepted the position of Chief Technology Officer and brings to the organization close to 20 years of experience in the technology industry and corporate environment. Mr. Jaskey holds a Juris Doctorate from University of Seattle Law School and practiced corporate law for five years before transitioning to the eCommerce industry where he successfully developed Search Engine Optimization and Internet marketing outsourcing solutions. “We are thrilled to have Brack as part of the team. With his talents and experience he is without a doubt an asset to the organization”, shared Michael Hansen, Founder of DubLi and CEO and Director of MediaNet Group.

These executives will play an intricate role in the execution of the Company’s overall organizational expansion which includes a global reverse auction, entertainment platform and virtual academy specific to the industry of network marketing. The Company is preparing to launch their global platform in June 2010. This platform will allow DubLi.com to offer top of the line, brand name products to customers around the world. Towards the later end of 2010 the entertainment piece of the Group’s expansion will be launched with music as the first offering. Another portion of this expansion is the virtual academy developed to provide information and educational resources to business associates around the globe at any time.

-Revenues increased 41% in second quarter and 77% for the six month period-

BOCA RATON, FL – May 25, 2010 — MediaNet Group Technologies, Inc. (OTCBB: MEDG), a worldwide marketing firm, today announced financial results for the second quarter and six months ended March 31, 2010.

For the second quarter ended March 31, 2010, revenues increased 41% to $7,030,213 compared to $4,999,126 for the second quarter ended March 31, 2009. Gross profit in the second quarter was $2,665,566, or 38% of revenues, compared to $1,958,549, or 39% of revenues, in the same period of 2009, an increase of 36% over the second quarter of 2009. Net income in the second quarter was $836,601 resulting in earnings per basic share of $0.03 and per fully diluted share of $0.00, as compared to net income for the second quarter of 2009 of $676,382, and earnings per basic share and fully diluted share of $0.03. In the second quarter of 2010, the weighted average number of basic and fully diluted shares outstanding was 28,484,206 and 339,037,717, respectively. In the same period of 2009, the weighted average number of shares outstanding was 20,674,802 on both a basic and fully diluted basis. The increase in basic shares outstanding between the periods is primarily attributable to the exercise of warrants. The substantial increase in fully diluted shares outstanding is due to our issuance of 5 million shares of Series A Convertible Preferred Stock in October 2009.

For the six months ended March 31, 2010, revenues increased 77% to $14,520,401 compared to $8,187,410 for the six months ended March 31, 2009. Gross profit in the six month period ended March 31, 2010 was $5,098,205, or 35% of revenue, compared to $2,930,317, or 36% of revenue, in same period of 2009, an increase of 36% over 2009. Net income in the first six months of 2010 was $1,293,470 resulting in earnings per basic share of $0.05 and per fully diluted share of $0.00, as compared to net income for the first six months of 2009 of $562,286, and earnings per basic and fully diluted share of $0.02. In the first six months of 2010, the weighted average number of basic and fully diluted shares outstanding was 28,484,206 and 277,167,462, respectively, as compared to the same period of 2009, when the weighted average number of shares outstanding was 20,674,802 on both a basic and fully diluted basis.

Commenting on the first half of 2010 results, Michael Hansen, President and Chief Executive Officer, stated, “We are excited that our unique operating strategy successfully maintained momentum and growth during the first half of 2010. We have successfully commenced our US operations to one single location in Boca Raton. We believe that the execution of our prudent and measurable operating strategy will continue to widen the gap between DubLi and any potential competitors during a time where many established shopping portals are struggling due to lack of flexibility and scalability. Our comprehensive operating, growth and financial strategies of the entire DubLi universe are all designed to maximize our relationship with the end consumer and provide them with the best possible experience when visiting our site. We continue to deliver a superior product that has genuine value to the consumer which we believe will drive them to return to our model. One of our competitive advantages is that our business model allows us to offer whatever is in demand at a particular moment in time, regardless of economic issues, and without having to consider ties to any vendor or manufacturer.”

Kent Lee Holmstoel, Chief Operating Officer, continued “While executing on growth strategy we have simultaneously been investing considerable time, resources and capital into technology that we believe will set new trends for Internet shopping in the future. These investments include providing proper training and support of our sales and marketing engine, DubLi Network, as well as developing our global auction portal that will allow us to capitalize from consumers all over the globe. We are also focused on continuing to identify and take advantage of the changing dynamics of consumer behavior by giving them tangible aspects from which to continue to return to our portals.”

The following Table summarizes the Company’s results of operations for the three and six months ended March 31, 2010 and 2009:

–To Build Private Branded Reward Malls for DubLi Auction Sites and Network Marketing Program—

MARGATE, FL. –April 6, 2009 –MediaNet Group Technologies, Inc. (OTCBB: MEDG), operating the largest online mall and affinity program platform through its BSP Rewards subsidiary, today announced that it has further expanded its client base within the network marketing channel with the implementation of a new partnership with DubLi, an international e-Commerce auction site and direct sales marketer.

BSP has built, and will launch in May, a private-branded mall as a value-added benefit for DubLi.com, a recognized global auction house. DubLi’s reverse auction portal is designed for the worldwide buying and selling of brand-name products at the lowest prices. Members of DubLi will now be able to shop at over 800 national brand name merchants and earn rewards in their BSP mall. DubLi offers people around the world a unique opportunity to generate extra income through their own lucrative part-time or full-time business for which they will now being able to avail themselves of the value added benefit from saving money by shopping in the DubLi Rewards Mall. The partnership includes BSP Rewards adding access to DubLi auctions on other existing and future private-branded malls.

Martin Berns, Chief Executive Officer of BSP Rewards, stated, “Network Marketing has been a successful and productive channel for BSP thus far and we are pleased with our ability to continue to capitalize in this area with leader’s in the industry.  We are excited about working with our new partners at DubLi.  In only a few years DubLi has grown their international customer base by adapting to what consumers want – high quality products, a unique reverse auction concept and the ability to increase their incomes by doing something they love.  We look forward to offering DubLi’s customers the ability to earn while they shop and provide BSP’s network of memberships the opportunity to shop through this new vehicle.”

Michael Hansen, Founder and President of DubLi, commented, “The new opportunity created by combining two shopping alternatives, who are both recognized leaders in their respective areas, is unparalleled. We see great potential synergies for both shopping portals to grow and diversify while strengthening their respective market positions. We were searching for an appropriate US national network of merchants that would provide our customers an opportunity to earn and save. After being introduced to BSP Rewards, we didn’t have to look further.”

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. (OTCBB: MEDG), through its BSP Rewards division, has developed the largest online mall and affinity program platform. BSP builds, brands, customizes proprietary loyalty/rewards/mall programs for clients and organizations and for a value added element layered onto debit and stored value cards. Companies and organizations enroll their members into the program and BSP cross-markets them to its entire database.

The Company generates product purchases from over 765 participating mall merchants including the nation’s largest retailers as well as gift cards and a large discount catalog. With over 60 web malls already developed and in use, BSP Rewards currently serves more than 600,000 registered users. The Company offers affordable, immediate implementation, delivered as rich turnkey enterprise solutions for corporations interested in expanding their web presence and enhancing customer relations — turning operational costs into profit centers. Current mall merchants include Sears, Target, Macy’s, BP Oil, Office Depot, Bass Pro Shops, Best Buy, Budget and Chili’s.

About DubLi:

DubLi Network was founded in 2003 and has its financial headquarters in Delaware, USA. DubLi network is a dynamic, growing and success-oriented marketing company. Its overall goal is to market DubLi.com, an exciting and recognized global auction house. Buyers get access to lots of brand-name products at the absolute lowest prices. At the same time, we offer people around the world a unique opportunity to generate extra income through their own lucrative part-time or full-time business. Today, DubLi Network is among the fastest growing companies within the direct sales industry in Europe and the USA.

Capcom® Presents the Game Industry’s First Branded Visa Card With Trendsetting “Experiential” Rewards Program Including the Capcom Rewards Mall

MARGATE, FL. –February 26, 2009 – MediaNet Group Technologies, Inc. (OTCBB: MEDG), the largest online mall and affinity program platform through its BSP Rewards subsidiary, announced today that it has built the private branded web mall for Capcom® Entertainment as part of the Capcom Unity Visa Card program. The mall is a value added feature in conjunction with the release of Street Fighter® IV. The relationship between BSP Rewards and Capcom was facilitated through its Strategic Marketing Partner, The Licensing Agency, Inc.

Capcom Entertainment is a leading worldwide developer and publisher of video games, recently announced a game industry trendsetting program to allow Capcom community members to show their fan spirit with a unique Capcom Unity Visa cash card. Capcom is the first video game company in North America to offer a co-branded Visa rewards card program. This is not a credit card, but a user-funded cash card that works anywhere Visa is accepted, earning a precedent-setting series of cash back, points on Capcom’s community website Capcom-Unity.com, and accelerated rewards with select retail and merchandise partners through the Capcom Rewards Mall, powered by BSP Rewards. Most importantly, Capcom’s enthusiastic fanbase will be able to pay for dinner, get money from an ATM or buy games with a Visa card featuring Ryu battling Ken from Street Fighter IV or Chris Redfield from Resident Evil® 5. The Capcom Unity Visa cash card program, including the Mall, is now available for immediate online enrollment at http://www.capcom-unity-card.com

The Capcom Unity Visa cash card will reward Capcom community members in three different ways: earning points on Capcom-Unity.com, cash back on all signature transactions and accelerated rewards through the BSP Rewards “Capcom Rewards Mall.” For every dollar users spend with the Unity card they will earn five Capcom Unity points which can be used in a number of different ways on the community website, including the new Auctions and Raffle features that are currently in Beta test. Capcom unity card members will also earn one-half percent of cash back in all signature purchases – the cash can then be instantly reloaded onto the card for additional use or used to purchase gift cards from retail partners through the online rewards mall for which they receive cash value rewards. Those same purchases will also qualify for accelerated rewards from Over 800 chosen partners through the rewards mall, powered by BSP Rewards, which will be attractive to the Capcom fanbase, including iTunes, BestBuy.com, Target.com and many more.

For more information about the Capcom Unity Visa cash card program, visit http://www.capcom-unity-card.com

About MediaNet Group Technologies, Inc.:
MediaNet Group Technologies, Inc. (OTCBB: MEDG), through its BSP Rewards division, has developed the largest online mall and affinity program platform. BSP builds, brands, customizes proprietary loyalty/rewards/mall programs for clients and organizations and for a value added element layered onto debit and stored value cards. Companies and organizations enroll their members into the program and BSP cross-markets them to its entire database.

The Company generates purchases from Over 800 participating mall merchants including the nation’s largest retailers as well as gift cards and a large discount catalog. With over 60 web malls already developed and in use, BSP Rewards currently serves more than 600,000 registered users. The Company offers affordable, immediate implementation, delivered as rich turnkey enterprise solutions for corporations interested in expanding their web presence and enhancing customer relations — turning operational costs into profit centers.

ABOUT TLA

Founded in 2002 by Jill Goldworn and Denis Huré, The Licensing Agency (TLA) is a leading provider of digital entertainment content. With over 30 years combined experience in the OEM and premium sales promotion industry, TLA provides Fortune 500 companies with digital design services, brand development and TV and video production as well as theatrical cinema release partnerships. TLA is the leading promotions specialist among major Hollywood studios, record industry executives and game publishers, offering clients promotional products using cutting edge technology such as Blu-Ray, Flash memory, online and WAP. With headquarters in Dublin and offices in London, Paris, Hamburg, New York, and Northern Los Angeles and with partnership representation in Asia, TLA provides national, regional and global promotional services to a wide range of clients including AT&T, BBDO, Sony Ericsson, Canon, Reckitt Benckiser. TLA is working with major publishers such as Warner Bros, Universal, Sony Pictures, 20th Century Fox, MGM, EMI, Atari, Codemasters, Capcom, THQ, Ubisoft, Gameloft and many, many more.

More information on TLA and its services can be found by visiting www.thelicensingagency.com

ABOUT CAPCOM

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment for game consoles, PCs, handheld and wireless devices.  Founded in 1983, the company has created hundreds of games, including best-selling franchises Resident Evil®, Street Fighter®, Mega Man® and Devil May Cry®. Capcom maintains operations in the U.S., U.K., Germany, France, Tokyo, Hong Kong and Korea, with corporate headquarters located in Osaka, Japan.  More information about Capcom can be found on the company web site, www.capcom.com

Capcom, Resident Evil, Mega Man and Devil May Cry are either registered trademarks or trademarks of Capcom Co., Ltd., in the U.S. or other countries.  Street Fighter is either a registered trademark or trademark of Capcom U.S.A., Inc. All other trademarks are owned by their respective owners.

–To Build Private Branded Reward Malls for FHTM Canada and JMG Net Worth/Your Ultimate Plan—

MARGATE, FL – February 24, 2009 — MediaNet Group Technologies, Inc. (OTCBB: MEDG), operating the largest online mall and affinity program platform through its BSP Rewards subsidiary, today announced that it has expanded its footprint within the network marketing channel with the implementation of a new programs for FHTM Canada, the Canadian branch of the successful Fortune Hi-Tech Marketing program in the U.S. and Your Ultimate Plan, a new product launched and marketed by JMG Net-Worth.

FHTM Canada is the Canadian operation of one of the most successful network marketing companies in the U.S., Fortune Hi-Tech Marketing, for which BSP already powers a private-branded mall. The FHTM Rewards Mall is used as a value-added benefit to representatives of Fortune’s distributor network. The program is used as a recruiting tool, for loyalty and customer relationship management and allows Fortune representatives to shop at national merchants while promoting the company’s internal products and services.

Your Ultimate Plan, is a new product that is marketed by JMG Net-Worth that focuses its efforts on Body Worth, Financial Worth, Mental Worth and Value Worth, with each category promoting a variety of tools for Living Healthy, Wealthy with a Wise Lifestyle. The program was founded by Paul Jones, a long-term leader in the network marketing industry. The 750 merchant rewards mall is designed to enhance the company’s Value Worth proposition by offering rebates and discounts beyond what the typical consumer would receive from less robust loyalty programs.

Martin Berns, Chief Executive Officer of BSP Rewards, stated, “Network Marketing has been a successful and productive channel for BSP thus far and we are pleased with our ability to continue to capitalize in this area with leader’s in the industry. We are excited about working with our new partners at FHTM Canada and JMG Net-Worth/Your Ultimate Plan. Given the success of the existing relationship between FHTM U.S. and BSP, this new Canada program is a natural extension and allows FHTM representatives to earn rewards from the 180 merchants in Canada already participating in the BSP program. Additionally, we are excited about partnering with Jones Marketing Group in their efforts to create a new area of focus within the network marketing business. We look forward to mutual success with these new clients and the expansion to other clients in this industry .”

Martin Berns, Chief Executive Officer of MediaNet Group said, “We are excited about working with ISI to provide a value-added benefit to its audiences. We believe this partnership makes particular sense for BSP, as ISI’s readers are already active online, making an online shopping opportunity a natural extension. Given the unsettling economic environment, being selected by ISI is indicative of the trend of companies across various industry segments wanting to offer greater value to its membership with additional savings and benefits that affect people’s wallets.”

Donald Mazzella, Chief Executive Officer, of Information Strategies, stated, “At ISI we are continually looking to enhance the value we offer to our readers. The BSP Rewards program is a natural extension to our existing service as our subscriber base is already online.  We know that our savvy audience is continually seeking additional means of achieving value and the BSP Rewards Mall delivers a valuable channel in which they may accomplish this.  We were particularly attracted to the flexibility of the BSP’s Rewards solutions and the ability to offer an integrated, seamless program that is cost-effective and turnkey.”

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. (OTCBB: MEDG), through its BSP Rewards division, has developed the largest online mall and affinity program platform. BSP builds, brands, customizes proprietary loyalty/rewards/mall programs for clients and organizations and for a value added element layered onto debit and stored value cards. Companies and organizations enroll their members into the program and BSP cross-markets them to its entire database.

The Company generates product purchases from Over 800 participating mall merchants including the nation’s largest retailers as well as gift cards and a large discount catalog. With over 60 web malls already developed and in use, BSP Rewards currently serves more than 500,000 registered users. The Company offers affordable, immediate implementation, delivered as rich turnkey enterprise solutions for corporations interested in expanding their web presence and enhancing customer relations — turning operational costs into profit centers. Current mall merchants include Sears, Target, Macy’s, BP Oil, Office Depot, Bass Pro Shops, Best Buy, Budget and Chili’s.