Emazing Interactive, Inc. Acquires China Net Online Media Group Limited in a Share Exchange

BEIJING, Jun 29 (MARKET WIRE) --
Emazing Interactive, Inc. (OTCBB: EMZG), a publicly traded Nevada
corporation, entered into a Share Exchange Agreement with China Net
Online Media Group Limited ("China Net"), a company organized under the
laws of the British Virgin Islands and all of China Net's shareholders.
As a result of the Share Exchange, China Net became Emazing's wholly
owned subsidiary and now through China Net, its subsidiaries and
affiliated companies, we are one of China's leading full-service media
development and advertising platform companies engaged in providing
advertising, marketing and communication services to small and medium
companies in China.

China Net became the parent holding company of a group of companies
comprised of CNET Online Technology Limited, a Hong Kong company, which
established and is the parent company of Rise King Century Technology
Development (Beijing) Co., Ltd., ("WFOE") a wholly foreign-owned
enterprise established in the People's Republic of China. We primarily
operate our advertising business in China through contractual
arrangements between the WFOE and Business Opportunity Online (Beijing)
Network Technology Co., Ltd., which is engaged in production and
distribution of television segments to promote our clients, and CNET
Online Advertising Co., Ltd., which is engaged in internet advertising
through our internet portal 28.com. Also, we recently acquired a majority
interest in Shanghai Borongdingsi Computer Technology Co., Ltd., which is
in the bank kiosk advertising business.

Pursuant to the Share Exchange Agreement, the shareholders of China Net
transferred all of their issued and outstanding shares of China Net to
Emazing in exchange for the issuance of an aggregate of 13,790,800 fully
paid and nonassessable shares of Emazing Common Stock. Effective as of the
close of the Share Exchange, there was a change in our Board of Directors
and executive officers. Mr. G. Edward Hancock, who had served as our sole
executive officer and director, resigned as an officer effective
immediately, and after appointing Mr. Handong Cheng to serve as Chairman
of the Board, he tendered his resignation as a director, with such
resignation to be effective on the tenth day after mailing of a Schedule
14f-1 statement to our stockholders (the "Effective Date"). The Board has
appointed Mr. Cheng to serve as our Chief Executive Officer and President,
Mr. Zhang to serve as our Chief Financial Officer and Treasurer and Mr.
Xuanfu Liu to serve as our Chief Operating Officer and Secretary. Also in
connection with the Share Exchange, the Board of Directors has appointed
Mr. Zhige Zhang, and is appointing Mr. Kotoi Horofumi to serve as
directors, with such appointment to be effective on the Effective Date.

About China Net Online Media

China Net Online Media Group Ltd., ("China Net" or "Zhong Wang Zai Xian"),
founded in 2003 and located in Zhongguancun in Beijing, which is known as
China's Silicon Valley, is a full-service media development and
advertising platform for the small and medium enterprise (SME) market in
China. China Net's business includes 3 separate divisions:

1) www.28.com is a high traffic portal for listing new business
opportunities that averaged 926,000 unique visitors/day from June 10-17,
2009. 28.com is a networking tool that builds sales channels and
facilitates agent, distributor and reseller relationships by providing
advertising, training and ongoing support. 28.com is a powerful and
memorable brand name in China with over 500 long term clients in several
business categories Including fashion, restaurants, home furnishings, gift
shops etc;

2) China Net TV is an advertising agency which produces and distributes
TV shows and embedded advertising spots for start-ups and entrepreneurs
through over 15 of the largest national satellite TV stations in China.
Their national brands Include Gold List, Online Business Opportunities,
The Charm of Wealth, Venture Express, Start and Ron's Road to Wealth; and,

3) The kiosk advertising division provides interactive LCD ad displays
located in branches of China Construction Bank. Two hundreds kiosks have
been initially placed in Henan Province. The kiosks allow customers to
perform non-cash transactions such as transferring money, purchasing
annuities and/or insurance, and paying bills, while simultaneously
displaying advertisements targeted to bank customers.

To learn more about China Net, please visit the website at
www.chinanet-online.com

FORWARD-LOOKING STATEMENTS

This release contains certain "forward-looking statements" relating to the
business of Emazing Interactive, Inc., which can be identified by the use
of forward-looking terminology such as "believes," "expects,"
"anticipates," "estimates" or similar expressions. Such forward-looking
statements involve known and unknown risks and uncertainties, including
business uncertainties relating to government regulation of our industry,
market demand, reliance on key personnel, future capital requirements,
competition in general and other factors that may cause actual results to
be materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and uncertainties
are or will be described in greater detail in our filings with the
Securities and Exchange Commission. These forward-looking statements are
based on Emazing Interactive's current expectations and beliefs concerning
future developments and their potential effects on the company. There can
be no assurance that future developments affecting Emazing Interactive
will be those anticipated by Emazing Interactive. These forward-looking
statements involve a number of risks, uncertainties (some of which are
beyond the control of the Company) or other assumptions that may cause
actual results or performance to be materially different from those
expressed or implied by such forward-looking statements. Emazing
Interactive undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required under applicable securities
laws.

CONTACT:
Mark Elenowitz
(917) 512-0822

Copyright 2009, Market Wire, All rights reserved.

-0-