RushNet Inc (RSHN)

[stockperformer]

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RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce to its nearly 5,000 stockholders that the Company has:

1) formally registered Apple Rush Company, Inc. as a Nevada corporation;

2) secured world-wide-web domain rights to OrganicAppleRush.com, AppleRush.com, AppleRush.net, AppleRush.org, AppleRush.biz, AppleRush.us and AppleRush.info;

3) initiated transfer of all Apple Rush trademark applications to Apple Rush Company, Inc.

RushNet also disclosed an overview of a previously announced plan to spin-off free-trading shares of Apple Rush Company, Inc. as a dividend to stockholders.

According to Robert Corr, president of RushNet, Inc, the Company plans to declare a special dividend of one unit of Apple Rush Company, Inc. per a fixed number of RushNet, Inc. shares. The unit will consist of one free-trading share of Apple Rush Company, Inc., an OTC bulletin board company, and two attached warrants.

The first warrant will give the unit holder the right to buy one free-trading share of Apple Rush Company, Inc. at 66 2/3% of the closing price averaged over the first five days of public trading of said company. This warrant will expire in 45 days from commencement of trading in the underlying security
Underlying security