RRUN Ventures Network Inc. Announces Executive Management Team.

Business Editors & Technology Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 4, 2001

RRUN Ventures Network Inc. (OTCBB:RRUN), a venture development organization building proprietary products and services for the Digital Generations announced its executive management team today.

ABOUT THE RRUN vni's EXECUTIVE MANAGEMENT TEAM

Ray Hawkins, President and Chief Executive Officer

Mr. Hawkins has over a decade of experience in the fields of media, entertainment, and marketing. Mr. Hawkins' broad experience and skill set includes content development and acquisition, urban lifestyle marketing, offline and online publishing, artist management and talent development, and strategic partnerships and alliance building. His previous clients and partners include multinational firms such as Labatt Breweries, Universal Music Group, Paramount Pictures and Electronic Arts. As President and Chief Executive Officer for RRUN vni, Mr. Hawkins provides both the vision and entrepreneurial leadership to drive the company toward success.

"During the past three years, RRUN vni has patiently developed the team, processes and technology that will power the company to success," stated Mr. Hawkins today. "As we move forward, RRUN vni will build a global enterprise dedicated to meeting the needs of the world's Digital Generations. With our strong executive management team, we look forward to executing the corporate business plan, building on our core competencies, and creating shareholder value. Phase one of our plan capitalizes on fulfilling the growing need for key consumer lifestyle products and services, which are centered on the entertainment media experience arising from music, video and gaming. Our proprietary technologies include key DRM safeguards for copyright and content owners and uses P2P, WAP and 3G distribution schemes. RRUN vni has established business units to work in unison to execute this first initiative."

Emanuel Koseos, Chief Technology Officer

Mr. Koseos has two decades of diverse leadership experience with a variety of entrepreneurial, high technology, and market-making businesses. His most recent role was Senior Engineer at Ericsson Incorporated (US). Mr. Koseos continues his entrepreneurial interests through Kaph Data Engineering as an independent business development consultant specializing in systems integration and Internet technologies. Mr. Koseos is a member of the MIT Technology Panel, USENIX, Adobe Developer Group, Linux Kernel Hackers, Active Perl Developers, Rational Partners, DevX and SiteBuilder Networks. He maintains business partnerships with Amazon, Beyond, Infoseek, ATT, TalkCity, and Real Networks Internet-based businesses. As Chief Technology Officer for RRUN vni, Mr. Koseos provides the technological leadership and direction for the company.

"RRUN vni seeks to add value to media systems by using advanced agent technology that brings digital personalization to the next level of interaction," stated Mr. Koseos. "We seek to achieve continuous customer return by utilizing Intelligent Sales Agents, Personalized and Interactive Spaces and Quality of Service adapted to individualized criteria and requirements. RRUN vni's business units deploy adaptive interaction and presentation, loyalty and programs which insure customer valuation by turning customers into retailers and retailers into customers."

Edwin Kwong, Chief Operations Officer & Chief Financial Officer

Mr. Kwong has over eight years of project management and finance experience throughout Canada and Asia. Mr. Kwong's broad experience and skill set includes banking, technology, intrastructure financing, and international management. Mr. Kwong's past employers include Manulife Financial Limited, Ernst & Young Management Consulting, Hopewell Holdings Ltd., and INTRIA Items Inc, a subsidiary of Canadian Imperial Bank of Commerce. As Chief Operations Officer for RRUN vni, Mr. Kwong is responsible for ensuring the operational success of the company and leading the development and execution of its proprietary business and technical development processes. As Chief Financial Officer, Mr. Kwong is responsible for financing strategies, corporate structure, and creating and maintaining corporate financial controls for RRUN vni.

Saya Kyvrikosaios, Chief Venture Development Officer

Mr. Kyvrikosaios, is a well-diversified management and technology professional. With ten years of project management and business consulting experience within the financial services industry, Mr. Kyvrikosaios brings to RRUN vni a solid background of business process engineering, process development and process implementation experience. Mr. Kyvrikosaios has previously been employed by Laurentian Bank, Credit Union Enterprise Datawest Ltd., and INTRIA Items Inc., a subsidiary of Canadian Imperial Bank of Commerce. As Chief Venture Development Officer for RRUN vni, Mr. Kyvrikosaios is responsible for ensuring the success of its network of ventures.

Statements contained herein that are not based on historical fact are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. RRUN Ventures Network Inc. intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause RRUN Ventures Network Inc. actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in RRUN Ventures Network Inc. applicable public filings on record with the Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov.

For more information please visit our website at www.rrun.com.