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.