SOURCE: MediaNet Group Technologies, Inc.

MediaNet Group Technologies, Inc.

July 14, 2010 10:45 ET

Rob Thomas and Sidewalk Angel Foundation Collaborate With DubLi.com to Launch Charity Auction

BOCA RATON, FL--(Marketwire - July 14, 2010) -  DubLi.com, a wholly-owned subsidiary of MediaNet Group Technologies, Inc. (OTCBB: MEDG), today announced the collaboration with Rob Thomas and Sidewalk Angels Foundation. Rob Thomas, the acclaimed solo artist, three time Grammy award winner, and primary songwriter and lead singer of Matchbox Twenty, has aligned with DubLi, the world wide eCommerce company, to help raise awareness and funds for the Foundation he and his wife established. 

This rare auction offers a weekend getaway to Las Vegas with VIP tickets to see Rob Thomas live in an exclusive intimate concert. The concert takes place on August 14, 2010 at the Red Rock Casino Resort in Las Vegas, Nevada. Also included in the auction is an opportunity to meet the celebrated Thomas along with a variety of limited commemorative items such as a VIP concert experience flash drive wristband, and limited edition Rob Thomas and Sidewalk Angels Foundation: A New York Christmas flash drive wristband and an exclusive framed autographed lunch menu from the Cradlesong photo shoot. Other premium opportunities include access to a pre-party and an annual membership to the Rob Thomas fan club. The auction includes accommodations at the Red Rock Casino Resort for the weekend. 

Sidewalk Angels Foundation is a non-profit organization which serves those individuals who get lost in the system but continue to need assistance. The Foundation works closely with all charities in big cities across the United States to help the destitute and homeless, individuals in need of medical care, as well as animals that have been abandoned. For more information, please visit: www.SidewalkAngelsFoundation.com.

"Sidewalk Angels Foundation is happy to be working with DubLi. We believe that their technology will give fans a chance to get an experience they were financially unable to prior and it's always great to partner with people who have innovative ideas," stated Rob and Marisol Thomas. 

For more information about this event or to support the Rob Thomas Sidewalk Angels Foundation Charity Auction please visit www.SidewalkAngelsFoundationAuction.com.

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. is a publicly held company and trades on the over the counter bulletin board ("OTCBB") under the symbol MEDG. Additional information about the Company is available in its filing with the Securities and Exchange Commission at www.sec.gov.

MediaNet Group Technologies, Inc. is a global marketing company that sells high end branded merchandise to consumers through Internet-based auctions conducted under the trade name "DubLi.com." The Company's online auctions are conducted in Europe, North America, Australia and the Global portal that serves the balance of the world. We have a large network of independent business associates that sold "credits," or the right to make a bid in one of our auctions. These auctions are designed to offer consumers real savings on these high end goods. The Company, through its BSP Rewards subsidiary, also offers private branded loyalty and reward web malls where members receive rebates (rewards) on products and services from participating merchants.

Except for historical matters contained herein, statements made in this press release are forward-looking. Without limiting the generality of the foregoing, words such as "may," "will," "to," "plan," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.

Investors and others are cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, the risk of (i) an inability to establish and/or maintain a large, growing base of business associates; (ii) an inability to develop and/or maintain brand awareness for our online auctions; (iii) a failure to maintain the competitive bidding environment for our online auctions; (iv) a failure to adapt to technological change; and (v) a failure to improve our internal controls. The Company is also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

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