BLUE ISLAND, Ill.--(BUSINESS WIRE)--Jan. 29, 2004--V-Net Beverage, Inc. (Pink Sheets: VNTB) today an...

1. V-Net Beverage Appoints Founder of Ginseng Rush its New
President; Robert Corr Brings 25 years of Specialty
Beverage Experience To Company
BLUE ISLAND, Ill.--(BUSINESS WIRE)--Jan. 29, 2004--V-Net Beverage, Inc. (Pink Sheets: VNTB)
today announced its Board of Directors has appointed Robert Corr, founder of Ginseng Rush
Beverage Company, as the new president of V-Net Beverage.
Mr. Corr brings 25 years of Specialty Beverage experience to V-Net Beverage. Corr in 1978 was a
pioneer in the functional beverage market with the introduction of Ginseng Rush. Today, Ginseng
Rush, a natural energy soda, continues to be a popular selling brand in the Specialty Beverage
sector.
In other Company news, the Board of Directors has elected to file for Chapter 11. V-Net anticipates
it will emerge stabilized with a clear and dynamic direction as it enters the multi-billion dollar
functional beverage industry under Mr. Corr's direction.
"The Board of Directors has decided that V-Net Beverage, Inc. and its shareholders will be best
served through the bankruptcy proceedings," stated Bob Corr. "V-Net will emerge as a stronger and
more viable company with a very bright future."
Michael Brette and Sharon Shears have resigned as both Officers and Directors of the company.
This press release contains statements, which may constitute "forward-looking statements" within
the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding
the intent, belief or current expectations of V-Net Beverage Inc.., and members of their management
as well as the assumptions on which such statements are based. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ materially from those contemplated by
such forward-looking statements. Important factors currently known to management that could
cause actual results to differ materially from those in forward-statements include fluctuation of
operating results, the ability to compete successfully and the ability to complete before-mentioned
transactions. The company undertakes no obligation to update or revise forward-looking statements
to reflect changed assumptions, the occurrence of unanticipated events or changes to future
operating results.
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