MARGATE, FL and ST. LOUIS, MO–( EMWNews – April 2, 2008) – MediaNet Group Technologies,

Inc. (OTCBB: MEDG), the largest online mall and affinity program platform

through its BSP Rewards subsidiary, and Meridian Enterprises Corporation, a

leading national affinity, incentive and sales promotion firm with a

Fortune 1,000 clientele, today announced their joint participation at the

20th Annual Card Forum and Expo.

Card Forum & Expo provides a gathering place for the broad spectrum of

payments industry players — from card issuers to analysts, associations,

and service and technology providers in the credit, debit and prepaid

spaces. Card Forum & Expo is being held at the Doral Golf Resort & Spa in

Miami, Florida from April 6-8, 2008.

In January, MediaNet Group and Meridian Enterprises Corporation announced

the formation of a strategic marketing agreement. As part of the

agreement, BSP is developing private branded web malls as a platform for

Meridian to offer its clients an enhanced value added benefit that can be

customized for corporate incentive programs including both employees and

customers.

In addition to Meridian, BSP Rewards is a leader in developing private

branded malls for card issuers and financial institutions including

Arrowhead Credit Union, EDebitPay, Prepaid Solution/West Suburban Bank,

Global Cash Card, Stord Systems. The BSP platform is also layered onto

payroll cards including Ruth’s Chris Steakhouse and Staffmark and for

Network Marketing payroll systems such as Future Stock and Forum

Technologies.

Martin Berns, chief executive officer of MediaNet Group, said, “Our

relationship with Meridian is off to a productive start as initial response

to our partnership is very favorable. Never before has a unique

combination of products such as the MeridiCard, which improves incentive

programs by giving participants more choice and better value, coupled with

the value added benefit of a rebate rewards mall been brought to market.

We are excited by the opportunities offered by our branded service offering

as it is introduced to Meridian’s extensive and paramount client base of

Fortune 1,000 companies.”

Sam Toumayan, founder, president and chief executive officer of Meridian,

stated, “Participating at the Card Forum & Expo in conjunction with

MediaNet will allow us to formally introduce the unique, innovative

programs for which we at Meridian strive. The addition of BSP Rewards

online malls will further enhance the MeridiCard product and service by

providing corporate clients with customized online malls that match their

creative look.”

Mr. Toumayan continued, “The mall features over 700 of the nation’s top

merchants who offer cash value point rebates that can be directly loaded on

their MeridiCard and that is a completely unique program for Meridian.”

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. (OTCBB: MEDG), through its BSP Rewards

division, has developed the largest online mall and affinity program

platform. BSP builds, brands, customizes proprietary loyalty/rewards/mall

programs for clients and organizations and for a value added element

layered onto debit and stored value cards. Companies and organizations

enroll their members into the program and BSP cross-markets them to its

entire database.

The Company generates product purchases from over 700 participating mall

merchants including the nation’s largest retailers as well as gift cards

and a large discount catalog. With over 50 web malls already developed and

in use, BSP Rewards currently serves more than 500,000 registered users.

The Company offers affordable, immediate implementation, delivered as rich

turnkey enterprise solutions for corporations interested in expanding their

web presence and enhancing customer relations — turning operational costs

into profit centers.

About Meridian Enterprises Corporation:

Meridian Enterprises is a full service performance improvement company that

designs and administers Employee Reward & Recognition, Sales Incentive,

Channel Marketing and Consumer Loyalty Programs for Fortune 1,000

companies. Meridian provides its corporate clients with increased sales

and customer loyalty, enhanced productivity and quality, reduced turnover,

and more rapid product and service launches. Meridian Enterprises offers a

unique combination of database marketing, tracking, measurement, and

performance tools that enable clients to:

--  Identify and motivate the people most likely to deliver results;

--  Profit from real-time information on performance participation; and,

--  Achieve business goals with less up-front investment

    

For over two decades, Meridian has offered innovative programs and

services, cutting-edge technology, and a choice of incentives specifically

tailored to its clients’ goals. Meridian’s services are ideally suited to

organizations seeking more accountable strategies to improve sales or

productivity and who need rapid results.

“Forward-looking statements” as defined in the Private Securities

Litigation Reform Act of 1995 may be included in this news release. These

statements relate to future events or our future financial performance.

These statements are only predictions and may differ materially from actual

future results or events. MediaNet Group Technologies, Inc. disclaims any

intention or obligation to revise any forward-looking statements whether as

a result of new information, future developments or otherwise. There are

important risk factors that could cause actual results to differ from those

contained in forward-looking statements, including, but not limited to

risks associated with changes in general economic and business conditions

(including in the information technology and financial information

industry), actions of our competitors, the extent to which we are able to

develop new services and markets for our services, the time and expense

involved in such development activities, the level of demand and market

acceptance of our services, changes in our business strategies, and the

purchasing activity or lack thereof by registered web mall members. The

number of BSP web mall members is routinely revised to reflect adjustments

for inactive membership. Inactive members are defined as registered

members who have not shopped in a BSP web mall for an extended period of

time.