Custom Branded Networks, Inc.

March 30, 2005 11:00 ET

Custom Branded Networks Inc. to Acquire a 90% Interest in a High Grade Gold Property


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CUSTOM BRANDED NETWORKS, INC.

OTC Bulletin Board SYMBOL: CBNK

MARCH 30, 2005 - 11:00 ET

Custom Branded Networks Inc. to Acquire a 90% Interest
in a High Grade Gold Property

NEW YORK, NEW YORK--(CCNMatthews - March 30, 2005) - Custom Branded
Networks, Inc. (OTCBB:CBNK) is pleased to announce that the company has
reached an agreement to acquire a 90% interest in a high grade gold
property located in Queensland, Australia.

The property contains 19 sub blocks covering an area of 19 square miles.
The property is within the northern part of the Ravenswood Batholith.
The Batholith has been host to gold mineralization and has yielded over
280 tons of gold of which 45 tons were produced since 1974.

Paul G. Carter, President of Custom Branded Networks said, "In
evaluating the property, we had three criteria that the property had to
meet in order for us to move forward.

1. First, the property had to be in a country in which we were confident
we could manage personal safety issues, regulatory issues and where
legal mineral titles are secure under the law.

2. Second, the business opportunity at a minimum had to grant us a
controlling interest in the property and preferably a 90% to 100%
interest.

3. Finally, while each opportunity must be evaluated on its own merits,
this opportunity had to include a quality land position in a proven gold
area to which we could apply our exploration and development expertise.

I am pleased to confirm that the present Ravenswood Batholith project
fulfills all these requirements."

More about this project will be disseminated to the shareholders in
up-coming press releases. Currently, the company is in negotiations to
acquire further high grade resource based projects. The company is fully
committed to acquiring a substantial interest in the energy and resource
sector.

As previously mentioned on March 6, 2005, the company will be changing
its name to Novastar Resources Ltd. As a result of the name change, the
company will be receiving a new CUSIP number and Trading Symbol. We
expect this process to take 2 - 3 weeks to complete and shareholders
will be informed accordingly.

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

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Contact Information

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