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BSP Adds Major Marketing Mall Client




September 5, 2007. BSP Rewards announced the signing of a mall and Marketing Partner agreement with IMC, Internet Marketing Consortium, to build their Ultimate Mall Of Malls.com rewards mall program. Additionally, IMC shall act as a Strategic Marketing Partner to their expanding list of Joint Ventures.

IMC consists of over 900 Joint Ventures with product, service, and network marketing companies. Beryl Wolk, President, stated. “In addition to having BSP build our private branded mall, it is our plan to offer 2 different options to our JV partners. The first being to have their store listing in our UMOM Mall and the second being the opportunity of having BSP build them their own private branded program as well. It is our intention to have as many of our JV’s participate as possible both as merchants and member providers who auto-enroll all of their members and customers into the program.”

The Ultimate Mall Of Mall branded program will include the 650+ national merchants in the standard BSP Mall platform but will be an enhanced version with the additional merchants already listed in their existing UMOM Mall. These UMOM merchants shall also be posted in other BSP Malls as additional internet retailers from whom all BSP network members can both earn and then redeem reward points. 

 


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BSP Rewards, Inc, is a wholly-owned company of MediaNet Group Technologies, Inc. MediaNet Group Technologies is a publicly held Company (OTCBB: MEDG) that encompasses an integrated group of operating divisions that revolve around the many aspects of technology and media including, branded rewards programs web portal programs, television and video production and intellectual properties.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MediaNet Group Technologies, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.



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