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RushNet Inc. Gains New Brands With Brewery Purchase
Tuesday April 11, 2:16 pm ET 
Major Increase in Licensed Product Base Realized


BLUE ISLAND, Ill.--(BUSINESS WIRE)--April 11, 2006--RushNet, Inc. (Pink Sheets:RSHN - News) proudly announces that RushNet's President, Robert J. Corr, and investment group Lynch Partnership One ("LPO"), led by well-known entrepreneur Michael Lynch, have agreed to terms with the owners of a regional Midwest brewery, and will proceed with the private acquisition of the brewery in order to promote the future expansion of RushNet, Inc. throughout the beverage industry.
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With years of experience in the brewing industry, RushNet President Robert Corr understands the potential for future expansion and enhanced profitability through the acquisition. He stated that, "Upon completion of this purchase by the two parties, RushNet, Inc. will be appointed as the exclusive, Licensed marketing agent for the brewery's existing branded products along with new beverage items to come. The brewery alliance, by providing RushNet with a constant stream of innovative quality beverages, can transform our company into a full-fledged beverage marketing firm." Sales at the brewery were up 40% in the first quarter of 2006 compared to the same period last year.

The brewery, one of America's oldest, has been family owned and operated for over 100 years and brews and produces its own high-quality branded line of alcoholic and malt beverages, and gourmet sodas. For fifteen years it has packed Ginseng Rush and other Rush Beverage Co. products, and the brewery also does private label work for other companies. Both Michael Lynch of LPO and Robert Corr of RushNet Inc. intend to compound the value of the traditional brewery. Mr. Corr explained that "The new owners will introduce a complete line of innovative all-natural beverages, such as fresh-brewed flavored teas and sodas, and lightly carbonated 100% juice drinks. We will install a modern tunnel pasteurization unit at the brewery to ensure integrity of the all-natural ingredients without the use of preservatives.

The latter also gives me the chance to reintroduce a Ginseng Beer like I made in the 90's and distribute it worldwide with my new partner Michael Lynch. Michael has special affection for the Rathskeller and Rock Hard Red products the brewery makes."

RushNet, Inc., Licensee of the highest quality Rush Ginseng Sodas and the new e-water(TM), have recently expanded distribution into Southern California, Midwest and East Coast supermarkets and convenience stores, making the products more easily available to meet the growing demand being created by the national consumer PR campaign and investor requests.

The correct link for Real-Time Pink Sheets Inside and Level 2 Quote Montage for RSHN (RushNet,Inc.) is: http://www.pinksheets.com/quote/quote.jsp?symbol=rshn

RushNet Inc. is the licensed marketing agent for Rush Beverage Company products including Ginseng Rush®, Ginseng Rush XXX(TM) and Rush Ginseng Cola(TM). RushNet, Inc. is the brand owner of e-water(TM).

Disclaimer: The Company relies upon 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.



Contact:
Christie Communications
Ms. Cristina Romeo, 805-565-4122
[email protected]

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Source: RushNet, Inc.

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There was news out the other day, which caused a little stir. Then next day it dropped some. Lets see if this moves in the right direction

More news out this a.m.

Here is both news articles.

Monday, April 17 2006 9:45 AM, EST

Ginseng Rush Snags New Generation of Consumers At myspace.com; RushNet Trumps the Competition in BevNET Expo Photos

BLUE ISLAND, Ill.--(BUSINESS WIRE)--April 17, 2006-- RushNet, Inc. (Pink Sheets:RSHN) announces a staggering number of hits has occurred at BevNET.com on their photo of "Robert Corr & Antra" (the Hostess) from RushNet's booth at the recent ExpoWest. Of the 100 photos BevNET shot and posted, one for every beverage company there, 99 of those photos amassed 11,400 total hits; but RushNet's photo has 21,400 hits by itself(!),10,000 more than the rest of them combined. The magnetic photo that's gaining all the attention can be seen at: http://www.bevnet.com/photos/gallery.asp?action= viewimage&categoryid=10&text=&imageid=439&box=&shownew= (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

RushNet, Inc.'s licensed products are developing a new following from the young and diverse group of people using myspace.com, the phenomenally popular networking site that has over 70 million devoted users and is in the top 10 of all websites visited. "KC" Williams, a loyal RushNet stockholder, has recently designed and installed a new myspace website to reach the youth audience. "Since the RushNet site started April 9th, http://www.myspace.com/enjoytherush, we have already seen huge interest with nearly 1000 friends and counting. I see lots more potential", said KC. " We will soon be offering exclusive myspace RushNet sampler beverage packs to answer the demand of online users interested in trying the Rushes and e-water(TM)."

Robert Corr, President of RushNet, Inc. stated. "This new interest and excitement for Ginseng Rush(R) and Ginseng Rush XXX(TM) at myspace adds a new dimension to the customer base for our beverages. This confirms also that our intent to attract consumers to healthy beverages is succeeding, and these consumers are much younger than the beverage itself; Ginseng Rush(R) celebrates its 28th Anniversary this July. Can you imagine how Wisconsin's Hugo Phabe, (who developed the first Ginseng Soda 100 years ago) would have felt if he knew that the youth of America is now reaching for real American Ginseng Sodas. Seeing the surging interest created by BevNET.com and myspace.com, invigorates our goals of reaching consumers of all ages, and will help us in achieving the strong, sustained increases in sales that are now becoming a reality across the nation."

RushNet, Inc. is pleased, and relieved, to announce that the deluge of internet orders from the store at enjoytherush.com have all, as of Thursday, April 13 been filled and shipped.






Friday, April 28 2006 1:01 PM, EST

RushNet Accepts New Deal...A private placement agreement has been signed
BLUE ISLAND, Ill.--(BUSINESS WIRE)--April 28, 2006-- Robert Corr, President of RushNet, Inc. (Pink Sheets:RSHN) has agreed today to accept the offer made by Michael Lynch of Lynch Partners One, LLC to purchase a 30% stake in the company's stock in the form of restricted shares. This signed agreement gives RushNet, Inc. a cash infusion of $615 thousand plus an additional commitment for inventory capital of $2.4 million, for a total of over $3 million dollars to RushNet, Inc.

Robert Corr and the management team of RushNet Inc. will hold restricted shares totaling 32%, with the public free trading shares totaling 38% of the stock. The stock issued to Lynch has been placed into an escrow account with a closing scheduled in about two weeks.

As, Robert Corr stated: "This new round on capital will secure the company's need for inventory for all the new items planned for introduction this summer. Our larger retailers require firm inventory levels to be maintained at all times. As a company, we have gained a valuable partner who has expertise in raising large amounts of capital to assist us in our future expansion plans. I feel confident that, Michael Lynch and I have developed a strategic plan to grow RushNet's brands on a worldwide scope."

Michael Lynch and Robert Corr as mentioned in a previous press release, are in the process of purchasing a regional brewery that will use Rush Net Inc. to market the brands worldwide. The newly designed products will be introduced this summer and the new labels will be unveiled in the next few weeks to the stockholders.

Michael Lynch was quoted, "This will be the beginning of a highly visible beverage company, and I'm looking forward to launching some our branded beverages in the national beverage arena."

share buyback news yesterday
chart is nice
breakout