Bezenet, Inc. Signs Letter of Intent with Deal-FX S.A. to Form Joint Venture Financial Information Network in Greece; Bezenet to Also Offer Services It Makes Available in Other Markets.

Business Editors/Financial Writers

MIAMI BEACH, Fla.--(BUSINESS WIRE)--June 8, 2001

Bezenet, Inc. (OTC:BZNT) (the "Company") announced today that it has signed a Letter of Intent with Deal-FX S.A.(R) to form a joint venture to create a professional financial data network globally. Additionally, Bezenet will offer many of the same products and services it markets in other countries, including Internet portals; Web site development and marketing services; and Digital Area Centers, which provide clients with a one-stop, full-range source of Internet and multimedia advanced technological services for all users, on-line and from the Bezenet Business Centers, thus saving clients from having to make their own in-house investments in hardware, software, and technical management.

Deal-FX S.A.(R) is a global technology, media, and telecommunications company based in the European Union. The Company is one of the largest financial data providers in the world, providing leading financial information through high-quality applications and solutions over the Internet to middle markets. Currently, Deal-FX S.A.(R) is a direct vendor to approximately 20 stock exchanges around the world, along with derivative exchanges, and a sub-vendor to more than 60 exchanges. In addition, Deal-FX S.A.(R) controls a majority stake in an Athens stock exchange listed company.

Bezenet, Inc. (http://www.be-ze.com; http://www.bezenet.tv; http://www.bezenet.ca; http://www.bezenet.it; http://www.pandacus.com; http://www.pandacus.it; and http://www.pandacus.ca) is a diversified conglomerate operating directly and franchising in the Internet, residential property, resorts and commercial real estate developments and income investments, hotel, resort and restaurant management, waste management, medical care, natural products and cosmetics. In the Internet space, Bezenet owns and operates several URL portals designed for European and American users looking to do and/or expand business overseas, providing commercial, legal, and technical assistance with full-service personalized direct support, including joint ventures and local commercial representatives. The Company's business programs unite the experience of the "old economy," with the technological power of the "new economy."

The parties expect to complete the joint venture and franchise agreement within the next 30 days. Additional details regarding the joint venture and franchise agreement will be released upon completion of the transaction. There are no assurances that this transaction will be closed within the anticipated time frame or that it will close consistent with terms of the initial agreement and may be subject to significant change.

Safe Harbor Statement: Statements made in this news release that are not historical or current facts are "forward-looking statements" made pursuant to the "safe harbor" provisions of federal securities laws. Forward-looking statements represent management's best judgment as to what may occur in the future, but are subject to certain risks and uncertainties that could cause actual results to differ materially from those presently anticipated or projected.