Custom Branded Networks, Inc.

March 16, 2005 14:40 ET

Custom Branded Networks Inc. Announces Name Change to Novastar Resources Ltd.


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CUSTOM BRANDED NETWORKS, INC.

OTC Bulletin Board SYMBOL: CBNK

MARCH 16, 2005 - 14:40 ET

Custom Branded Networks Inc. Announces Name Change to
Novastar Resources Ltd.

NEW YORK, NEW YORK--(CCNMatthews - March 16, 2005) - Custom Branded
Networks, Inc. (OTCBB:CBNK) is pleased to announce that it received the
necessary vote at the special meeting of its shareholders held February
12, 2005, to change its name to Novastar Resources Ltd. The new name
will better reflect the direction upon which the company has now
embarked.

Over the past 2 months the company has been reviewing different options
for its shareholders and has decided that its plan to enter into the
resource sector is the best direction for the company to increase
shareholder value.

Currently the company is in final negotiations to acquire a high grade
resource based project. More information about this project will be
disseminated to the shareholders in up coming press releases.

The company is committed to acquiring a substantial interest in the
energy and resource sector.

The statements contained in this press release contain certain
forward-looking statements, including statements regarding the company's
expectations, intentions, strategies and beliefs regarding the future.
All statements contained herein are based upon information available to
the company's management as of the date hereof, and actual results may
vary based upon future events, both within and without the control of
the company's management.

On Behalf of the Board

Paul G. Carter


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Custom Branded Networks, Inc.
    Paul G. Carter
    (604) 904-6946