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X-Fortune 500

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X-Fortune 500

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Friday, 07/21/2006 9:40:32 AM

Friday, July 21, 2006 9:40:32 AM

Post# of 162837
NEWS!

RushNet, Inc. Announces Increase of Book Value of Its Investment into Meritage Beverage Group of California

--------------------------------------------------------------------------------

BusinessWire
09:37 a.m. 07/21/2006


BLUE ISLAND, Ill., Jul 21, 2006 (BUSINESS WIRE) -- Chicago-based RushNet, Inc. (Pink Sheets:RSHN), brand owner of e-water(TM) and the marketing company for Rush Beverage Co. announces an increase in the book value of its investment into Meritage Beverage Group of CA. A year ago, RushNet made a cash infusion into Meritage Beverage Group for 5% ownership.

In his investment report to RushNet, Meritage's President and CEO, Jim Clements, was pleased

I never make money when making my daily trips to the Bank.

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