Exus Chairman Announces Corporate Plans for Late 3rd Quarter and 4th Quarter; Major New Business Directions.

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 4, 2003

Exus Global, Inc. (OTCBB: EXUS) Exus Chairman, Ike Sutton, today reported developments and plans for its business operations in its 3 divisions:

E Education Network, Inc. (EEN)

E Education Network, Inc. (EEN), Exus' subsidiary will provide high-quality distant learning globally with a special focus on emerging markets. Delivery of the online courses will be via Smart EducationCards(TM), allowing the user to ten credits of courseware. System testing and continuing web site development will enable users to be online by 3rd quarter 2003. EEN sales and distribution channels are being established, targeting foundations, universities, governments and multinationals that will purchase the pre-paid Smart EducationCards(TM) in bulk. During August and September, Ike Sutton CEO will be traveling to several countries to conclude distribution agreements for the Smart EducationCards(TM). Countries slated for Mr. Sutton's visit are the USA, Canada, Poland, Spain, Italy, Ukraine, Russia, Uzbekistan and Georgia.

For 2003 there is a plan to open corporate offices in New York, open 3 EENICs (E Education Network Internet Centers) -New York EENIC (USA), Uzbekistan EENIC (Central Asia), Botswana EENIC (Africa) - and to sell 5,000 Smart EducationCards(TM). The cards can be used via the public Internet or at the EENIC locations to be established.

A New York EENIC Center is being planned in Harlem New York to cater to 12,000 users annually; this center would be financed by a well known foundation to bridge the digital divide that is occurring for people that do not have access to computers and the Internet. The plans for this center will be concluded by the end of August.

The Botswana EENIC is being planned together with the African Center Foundation (ACF), who in February 2003 announced a grant to EXUS in the amount of $1,250,000, with first payment of $250,000 for the EENIC in Botswana; first funds are anticipated to be received in September. The purpose of the grant is twofold: firstly, to assist in building Eunice's over the next 5 years throughout Africa and, secondly, to provide African doctors and health care providers with access to online educational content, particularly on topics relating to HIV and AIDS. Mr. Miller Mays, Director of Exus is planning to visit Botswana in August and set the groundwork for the center. In addition to the ACF contribution of $250,000 for the center, the US Government, through its entity OPIC (Overseas Private Investment Corp), has expressed interest in funding EENICs in Uzbekistan and Botswana, subject to their lending criteria. OPIC applications are pending. President Bush's recent trip to Africa has brought more awareness to the Aids problem in Africa and in particular in Botswana.

In Uzbekistan plans for EENICs within several Universities are under way and final agreements are to be signed when Mr. Sutton visits the country in the coming weeks. The countries proximity to Kazakhstan and Afghanistan would provide stepping-stones for future EENICs in these countries.

Exus Satellite Services

EXUS Satellite Services division was developed to respond to the growing demand for integrated high-speed business communications in emerging markets globally. Exus will offer "connectivity" of remote offices in underdeveloped telecommunications areas to their head offices in developed areas, as well as to the Internet. This is a valuable service to corporations with international expansion strategies. In addition EXUS Satellite services will provide the EENICs with connectivity via satellite where terrestrial connectivity is lacking or financially prohibitive.

EXUS will use the latest satellite and other TDMA equipment technology to offer a complete selection of telecommunication services to its clients including data, voice, Internet and key vertical applications. Using a transponder from the latest, most advanced communications satellite launched, Exus will be the first to market a suite of services globally to enable clients to unite all their remote and central offices. The Company intends to become the largest Internet Backbone Provider in the targeted emerging markets within two years. Sales are conservatively expected to exceed $20 million in two years and to generate combined sales revenue of over $100 million in five years.

Businesses are increasingly dependent on the Internet, and corporate Intranets for the exchange of information. Data communications, including email and fax, represent the fastest growing part of information exchange, and are anticipated to grow at double the rate of voice communications over the next few years. Leading business analyst KPMG has recently predicted that the satellite communications market will grow to 10 times current size by 2006. Worldwide spending on business telecommunications is expected to increase substantially over the next 5 years. In the next century, file transfer and remote LAN access are forecast to represent over 48% of corporate data traffic. Many new and emerging markets have made significant investments in IT systems. These markets will benefit from remote global access to their corporate IT networks via high-speed data services.

EXUS will target emerging markets annually. The Company is poised to enter the $10 billion-a-year Internet communications market in five countries located in Central Asia, Africa, and Eastern European countries. This area was chosen as it suffers from poor telecommunications resources, yet is an area of tremendous commercial growth, especially as a result of the increasing presence of the oil industry in the region. The cost of building a traditional landline or fiber optic system to accommodate the need for Internet and other communications in this underdeveloped area is prohibitive. EXUS will enable Emerging markets to skip a generation of technology and go directly to the latest developments in Satellite communications and Wireless in order to provide access to the Internet and a link to the world. The Company will expand its markets by entering other emerging markets globally at a rate of 4 to 6 per year.

"Shared Bandwidth on Demand"

Exus will offer "connectivity" services to corporate clients in emerging markets and become a high bandwidth Private Network. The Company will literally "bring the line" to their clients. Services will include: Corporate email, web access, Intranet access, genetic file transfer, remote diagnostics, telemedicine, Virtual Private Networks, Video Conferencing, Image Transfer, E - Commerce and Education.

During the balance of 2003 Exus will reopen offices in Warsaw, Tashkent, Almaty and establish new offices or partners in Moscow, Botswana, Kenya and Nigeria. The goal would be to have a staff of foreign nationals from the US and local communications talent are able to sell and maintain services to foreign multinationals in English and the local language and to use marketing terms and psychology that are familiar in each country. This versatile sales force, coupled with the local strategic partnerships and alliances of the company, will enable the Company to achieve consistent market penetration and acceptability.

Exus will be first to market and will provide the only one-stop comprehensive package of Data communication services at high speed for low prices, services currently unavailable in emerging markets. They will connect remote offices with their head offices in more developed telecommunication areas. The cornerstone of this structure will be a unique network of hubs that can transfer data directly to other users without it having to pass through a central station. This allows a faster flow of information to the user. No other company is currently offering these services in these markets. Exus' package of services will be far more attractive and, to the extent of any overlap with competitors, are lower in price.

Votelnet

Votelnet is an EXUS division established to handle VoiP prepaid telephone calls originating from international markets. With software that would enable Votelnet to sell Prepaid Calling Cards through Distributors worldwide, it will have the ability to control and monitor calls over the Internet without the cost of traditional and expensive switching equipment. Votelnet plans to establish distributors worldwide and set gateways at central points around the world. The goal is to have an International Prepaid card with several international call-in numbers. Each card will provide 15 minutes of worldwide calling at an estimated price of $3 - $5 per card, a more competitive offer than what is currently offered by the market leader AT&T. The Exus EENICs will also be a source of origination for these calls and one of Votelnet's main distribution partners. During August and September, Ike Sutton CEO will be visiting several countries to conclude distribution agreements for the Votelnet Card. Countries targeted for Mr. Sutton's visit are Poland, Spain, Italy, Ukraine, Russia, Uzbekistan and Georgia. Votelnet's web site and partners will be online in October.

Ike Sutton, Chairman and CEO commented, "There has always been a gap between those people and communities who can make effective use of information technology and those who cannot. Now, more than ever, unequal adoption of technology excludes many from reaping the fruits of the economy. EXUS through its divisions offer a suite of services that we feel will bridge the "digital divide". We are looking forward to implementing our goals and servicing the world's communities".

About Exus Global, Inc.

Exus Global, Inc. is a global marketing and consulting company concentrating on Distant Education, delivered via a combined satellite and terrestrially based network. These services are provided in emerging markets to a diverse client base that includes medium to large multi-national businesses, universities, Internet service providers and government agencies. Through its subsidiary E-Education Network, Inc. Exus offers the first prepaid Smart EducationCards(TM) to students worldwide. Through its subsidiary Votelnet, Inc. Exus offers prepaid Voice cards to the International market. Exus is also developing Educational Internet Centers (EENIC) in emerging markets to provide Internet access and educational resources. To learn more about the Company, please visit its Website at www.exus.net and www.edun.net.

The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC.