RushNet Makes Offer for East Coast Bottled Water Plant

  
    
  
  
    
      RushNet, Inc. (Pink Sheets: RSHN) announced today that it has agreed to 
      form a joint venture to purchase a bottled water plant in Northern 
      Georgia. What makes this plant unique is that it lies directly over the 
      largest deep-water aquifer in the Eastern part of the United States, 
      called the Crystalline Aquifer. The plant will manufacture RushNet’s 
      e-water® brand for the Eastern United States 
      and the Midwest.
    
    
      The Georgia plant has been operating for over 5 years at this location 
      and its direct access to the unlimited supply from this Aquifer allows 
      for continual expansion at the same site. The water is accessed by a 
      single shaft drilled directly into the Aquifer at over 650 feet deep. 
      The plant can presently access over 300 gallons per minute directly into 
      the bottling plant from the current flow. The quality of the water has 
      been tested by the RushNet technical support team and those results have 
      confirmed that the water is perfect for its e-water® 
      brand. With 90 ppm of total dissolved solids (trace minerals) and a 
      great smooth taste, this Artesian water is ideal for use with the e-water® 
      formula of 70+ electrolytes and natural fulvic acid.
    
    
      RushNet will participate in the management and marketing of the plant’s 
      products besides its e-water® brand, as well 
      as pledge restricted securities during the buy out period for its 
      position in the purchase. Capital expenditures needed for the purchase 
      of additional equipment such as blending tanks and filtration systems 
      will be financed with capital raised from private investment partners.
    
    
      Robert Corr, President of RushNet, stated, “The 
      growth of e-water® over the last year and a 
      half has created the need to produce it in the Eastern U.S. This 
      opportunity will significantly lower our cost of goods to distributors 
      in this territory, thereby increasing the money available for promotion 
      of the brand and further accelerating its growth. We as a company were 
      very fortunate to find this source of water for our brand. Our 
      preliminary tests on e-water’s® 
      effect on the body have been unique among all bottled waters, and we 
      have undertaken scientific studies to confirm these results. Once these 
      results are available they will be published on our website. As the one 
      representing the interests of our whole stockholder base, I felt it was 
      imperative that we secure an Eastern water source for e-water® 
      that meets our criteria, and we’ve found it.”
    
    
      In other e-water® news RushNet, Inc. is proud 
      to announce it has been granted a Trademark Registration in Japan for 
      the name e-water®, another important step to 
      bringing the product to market there.
    
    
      Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 
      and 1995 for all public news releases. Statements, which are not 
      historical facts, are forward-looking statements. The company, through 
      its management, makes forward-looking public statements concerning its 
      expected future operations, performance and other developments. Such 
      forward-looking statements are necessarily estimates reflecting the 
      company's best judgment based upon current information and involve a 
      number of risks and uncertainties, and there can be no assurance that 
      other factors will not affect the accuracy of such forward-looking 
      statements. It is impossible to identify all such factors. Factors which 
      could cause actual results to differ materially from those estimated by 
      the company include, but are not limited to, government regulation; 
      managing and maintaining growth; the effect of adverse publicity; 
      litigation; competition; and other factors which may be identified from 
      time to time in the company's public announcements.