Newsbits


ENET-ONLINE)(FNET) FutureNet Online Forges Residual Income Plans With WebSurfer Inc.



                    Business Editors & Entertainment/Hi-Tech Writers
                    VALENCIA, Calif.--(BUSINESS WIRE)--July 27, 1998--FutureNet
                    Online Inc. (OTCC:FNET), a leading international network marketing
                    company, has signed an agreement with WebSurfer Inc. to market the
                    WebSurfer Internet TV set-top box throughout the world.
                    WebSurfer technology is unique and surpasses other Internet
                    terminals with the inclusion of the powerful Intel processor, a word
                    processing application, Internet access and e-mail capabilities.
                    WebSurfer is also the first and only set-top box in the world that
                    will provide Internet Telephony.
                    This feature offers users point-to-point voice communication
                    over the Internet anywhere in the world free of long-distance charges.
                    WebSurfer will provide Spanish-language support as an integrated
                    application.
                    Alan J. Setlin, chairman of the board of FutureNet, noted: "Our
                    new and exciting business partnership guarantees, for the first time,
                    substantial back-end revenue for FutureNet, and residual income for
                    FutureNet consultants. Combined with WebSurfer's cutting-edge
                    technology and dynamic leadership, we foresee a broader market share
                    and an even greater earnings growth potential."
                    Paul Batra, president of WebSurfer, added: "It is our distinct
                    pleasure to welcome FutureNet into our family of business partners.
                    WebSurfer has always made it our priority to deliver complete
                    technology solutions. With our continued commitment for new and
                    innovative ways to enhance our existing technology and FutureNet's
                    proven ability to market these unique offerings, we believe this
                    relationship has the potential to further our position as a leader in
                    this field.
                    "We are fully committed to the success of the FutureNet/WebSurfer
                    partnership and look forward to helping FutureNet consultants reach
                    their goals as leaders in home-based businesses and for prosperity in
                    the 21st century."
                    WebSurfer Inc. is a rapidly expanding private company, dedicated
                    to providing state-of-the-art Internet set-top technologies and
                    Internet hosting solutions, through all channels of the marketplace.
                    WebSurfer Inc. is the developer of WebSurfer, an Internet TV set-top
                    box that is powered by Intel and features Internet telephony, word
                    processing and Internet content applications for consumers.
                    Certain statements in this news release that relate to future
                    results or projections, or future plans, events or performance are
                    forward-looking statements within the meaning of 27A of the Securities
                    Act of 1933, as amended, and Section 21E of the Securities Exchange
                    Act of 1934, as amended, and involve significant risks and
                    uncertainties. The company's actual results could differ materially
                    from those anticipated in such forward-looking statements as a result
                    of a number of factors. These forward-looking statements are made as
                    of the date of this release and the company assumes no obligation to
                    update such forward-looking statements.



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