SOURCE: Netspace

November 21, 2007 09:10 ET

Netspace International Introduces New Board Members

AVENTURA, FL--(Marketwire - November 21, 2007) - Netspace International, Inc (Netspace) (PINKSHEETS: NSIH) is pleased to announce the appointment of James D. Baker and Ashif Jiwa as members of the Board of Directors, effective immediately.

About James D. Baker:

Mr. Baker has over 40 years' experience in computer-based technology companies. He has founded and operated several profitable computer-based high technology companies, such as Q-Net Technologies, Inc. (QNTI), a public company created to introduce consumer technology and value-added Internet services into the Chinese market, and TargitInteractive, Inc. a leading interactive marketing services provider. He has also served as CEO and Director of several successful startup companies, where he played a key role in their launch and success. Mr. Baker obtained a Bachelor of Science degree in Industrial Management from the University of Cincinnati and pursued a master's degree in Business Administration at the University of Michigan.

About Ashif Jiwa:

Mr. Jiwa has extensive experience in investment banking and business consulting. He has assisted a myriad of companies, both public and private, with IPOs, financings, and corporate development. Mr. Jiwa holds a B.A. from Simon Fraser University as well as a Bachelor of Commerce Degree from the University of San Diego, and earned his M.B.A. from Wharton School of Business.

Commenting on his appointment, Mr. Jiwa stated, "I am delighted to be offered this opportunity. Netspace has tremendous prospects and is in a great position to capitalize on its newly formed internet marketing and franchising opportunities. I look forward to serving the Board in delivering value for our investors."

"We are excited to have both Mr. Baker and Mr. Jiwa join Netspace at this pivotal moment in the Company's development," says Neil Swartz, Netspace CEO. "With their skills and business acumen, I am confident Netspace and its shareholders will benefit from their leadership."

Further Information

Shareholders and prospective investors are encouraged to call Investor Relations toll-free at 1-866-511-1147 to receive detailed information about Netspace.

About Netspace International Holdings, Inc

Netspace International Holdings is comprised of two wholly owned subsidiaries: 1. Netspace Franchise International, responsible for all franchise operations for Internet Marketing opportunities, and 2. Netspace Ventures, providing services for select qualified companies in exchange for equity. Netspace's recent acquisition of Birch Capital Group allows the Company to leverage Birch's merchant banking expertise and relationships for future expansion opportunities.

Forward-Looking Statements

The foregoing press release may contain forward-looking statements, including statements regarding, among other things, about the expectation of Netspace International's future business that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment, and the Company's performance. In light of these risks and uncertainties there can be no assurances that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.

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