MediaNet Group's BSP Branded Web Malls Selected by Challenger Sports; Online Fundraising Campaigns for Soccer Clubs

MARGATE, FL, Jan 22 (MARKET WIRE) --
MediaNet Group Technologies, Inc. (OTCBB: MEDG), a leading developer of
private branded web malls and online affinity programs through its BSP Rewards
subsidiary, announced today an agreement with Challenger Sports Corporation for
the
development of online fundraising campaigns. As part of the agreement, BSP will
develop private branded web malls for Challenger Sports to provide a platform
for
muchneeded fundraising campaigns for its nearly 2,000 soccer organizations
witha combined membership of 5 million participants.

"Challenger Sports is extremely excited about the opportunity to connect the
BSP
Rewards Mall with our affiliated soccer organizations," said Peter Arch, Vice
President of Marketing for Challenger Sports. "As the largest youth soccer
company in North America, we know that one of the top items on every club's
wish list is 'fundraising.' The clubs traditionally use local retail discount
cards, door to door magazine subscriptions, candy sales, car washes and trash
bags sales. These programs are generally labor intensive, difficult to ramp up
volume and take many hours and many people to coordinate, execute and
administrate. The Virtual Mall from BSP Rewards is new, exciting and offers an
innovative solution for fundraising efforts. Unlike traditional fundraising
programs, it is extremely easy to set up, it is open to every member in the
club, it is infinitely scalable, and the club does not need to use valuable
volunteer hours to run and administrate the program."

"The fact that BSP provides back-end support and assistance in marketing the
program to the club members is a huge help to club organizers who are
normally stretched to the limit," continued Mr. Arch. "The virtual mall
offers an incredible range of High Street, Mall and Big Box merchants and
provides the club members with the opportunity to purchase the items they
would normally purchase elsewhere, at a discounted price, while earning rewards
for themselves, and at the same time help providing much needed support for
their local soccer organization. Challenger has been involved in the U.S.
soccer
community for 20 years. The BSP Rewards program is without a doubt the most
exciting fundraising program that we have seen and we are excited to share
this program with our club administrators, coaches and parents."

MediaNet's BSP division and Challenger Sports will initiate collaborative
marketing in
support of the new branded web mall. www.USSoccerRewardsMall.com. BSP will be
provided by Challenger with a booth at an upcoming sports tradeshow in
February 2008, with 650 groups expected to be in attendance. In addition, to
encourage usage of the web mall, which is intended to drive purchases on the
site and thereby generate fundraising dollars for soccer clubs and revenue for
MediaNet, a direct mailing to all 2,000 clubs will promote the program and other
jointmarketing efforts will commence immediately.

"Challenger Sports will significantly increase the exposure of BSP Rewards
to 5
million soccer club members, thus marking a very important step in our
evolution," said Martin Berns, Chief Executive Officer of MediaNet Group
Technologies. "Even more significant in the agreement with Challenger is
their desire to promote online web mall purchases, which will assist in
financially supporting the soccer clubs within their organization. The youth
soccer movement in this country has just been kicked into high gear by
aligning with the growth in e-commerce. While saving money on everyday
purchases
that are made online, Challenger Sports clubs supporters will save time and
generate funds to support their favorite teams."

Challenger Sports Corporation is the largest provider of soccer camps in the
United States and Canada, and has been established as a true "Total Soccer
Company," providing camps, clinics, tours, tournaments, uniforms and coaching
materials to thousands of clubs throughout North America. Challenger Sports
began
as British Soccer Camps in 1985, as a division of All American Indoor Sports
Inc. All American operated a number of multi-purpose indoor soccer
facilities and was owned by Ron Matsch and Jim Jorgensen. Ron and Jim also
founded Discovery Zone Inc., an indoor playground and fun center for children
that went on to achieve international success.

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. (OTCBB: MEDG) encompasses an integrated
group of
operating divisions that revolve around the many aspects of technology,
including branded rewards programs, web mall programs, and online media
intellectual properties. Additional information on MediaNet Group Technologies
can
be found on the Internet at www.medianetgroup.com.

MediaNet Group Technologies has developed unique proprietary platforms,
software and
solutions for every size business. The Company offers extremely affordable,
simple, immediate implementation, delivered as feature rich turnkey rewards
and loyalty enterprise solutions for corporations interested in expanding
their web presence and enhancing customer relations -- turning operational costs
into profit centers.

BSP Rewards, Inc., a wholly owned subsidiary of MediaNet Group Technologies,
builds, brands, customizes and administers proprietary loyalty/rewards/mall
program
for each client and organization and is also a value added element layered
onto debit and stored value cards. Members receive up to 15% in rewards and up
to 60% in discounts when purchasing merchandise and other products from the
nation's
best retailers through the BSP network. Strategic relationships entered into
as part of the Company's branded web mall concept includes leading retailers
such
as Macy's, Target, Starbucks, Blockbuster, Old Navy, Target, CompUSA, Budget
Rent-a-Car and over 700 other merchants. With over 50 web malls already
developed and in use, BSP Rewards currently serves nearly 1 million
registered users. A typical BSP Rewards Mall may be seen at
www.bigbrandmall.com and details about the program can be viewed at
www.bsprewards.com.

"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.

Contacts:

MediaNet Group Contact
Martin Berns
Chief Executive Officer
954-974-5818 ext. 202
martin@medianetgroup.com

Investor Relations Contact
Jordan Darrow
Darrow Associates, Inc.
631-367-1866
jdarrow@darrowir.com

Copyright 2008, Market Wire, All rights reserved.

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