RushNet Inc (RSHN)

[LC-GATOR]

This is for the new investor:

This is Friday's PR.



October 27, 2006 04:33 PM Eastern Time
RushNet, Inc. Updates e-water™ Japan; Prepares Holiday Promotions
BLUE ISLAND, Ill.--(BUSINESS WIRE)--RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce the following developments:

1) RushNet’s relationship with its Japanese importer has gained momentum as RushNet prepares for first Japanese purchase order of e-water™. The importer, representing a significant portion of the Japanese beverage market, is seeking exclusive rights to sell e-water™ in Japan. An agreement, favorable to both Company and importer, is being fashioned so that consumers throughout Japan can enjoy e-water™, a wholly owned RushNet, Inc. product.

2) RushNet is coordinating special holiday promotions for its carbonated products with regional U.S. distributors. Company reports increasing order-flow and strong demand.

3) RushNet is applying for “USDA Organic” seal for its acclaimed Organic Apple RUSH™ line. The Minnesota plant packing Organic Apple RUSH™ is also applying for “USDA Organic” certification for said facility. Following USDA approval, RushNet, Inc. would become an “Organic Trading Agent.”

4) Organic Rush Cola™ will be rolled out next summer in bottles and cans throughout the USA and in Canada by early 2007

5) In two weeks, Company will inaugurate a new website featuring corporate updates.

6) The Non Objecting Beneficial Owner (NOBO) list, under intense review by RushNet, counts 4,231 individual shareholders, constituting a significant fraction of total shareholder base.

To obtain the most accurate outstanding share count, Company has further requested ADP provide an exact number of RushNet, Inc. common shares classified as “OBO,” i.e., belonging to Objecting Beneficial Owners. Studies show “OBO” share totals generally exceed “NOBO” totals. RushNet expects to publish an outstanding share count and revised official issued-and-outstanding share count in November.

RushNet, Inc. is licensed marketing agent for Rush Beverage Company whose products include all-natural soft drinks Ginseng Rush®, Ginseng Rush XXX™, Rush Ginseng Cola™ and the Organic Apple RUSH™ line. RushNet, Inc. is brand owner of e-water™.

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 expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting 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 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 company include, but are not limited to, government regulation; managing and maintaining growth; effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in company's public announcements.


Pete