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RushNet, Inc. (Pink Sheets:RSHN) 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.
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(R), 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.



KEYWORD: NORTH AMERICA ILLINOIS UNITED STATES
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE SUPERMARKET MERGER/ACQUISITION
SOURCE: RushNet, Inc.


CONTACT INFORMATION:
Christie Communications
Ms. Cristina Romeo, 805-565-4122
[e-mail]