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To: DR. MEADE who wrote (29612)7/27/1998 3:07:00 PM
From: Terp  Respond to of 34592
 
TEXN!!! Volume just starting to explode in the last 3-4 minutes. Financials were supposed to come out today. Something is going on. I am buying here, something good seems to be on the way....



To: DR. MEADE who wrote (29612)7/27/1998 3:08:00 PM
From: Jay Letterman  Read Replies (1) | Respond to of 34592
 
FNET,,,anybody watching?.Here is todays news release,.,....,,,,,,,,,,,,

FutureNet Online Forges Residual Income Plans With WebSurfer Inc.

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.