DubLi News

DubLi Launches Global Shopping Mall

DubLi Sells 50K Xpress Gift Cards Since Launch in May

Dubli Launches Xpress Gift Card

DubLi Launches New Shopping Platform in Germany

Dubli Plans Launch Of Entertainment Platform

DubLi Launches New Global Entertainment Platform

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DubLi Launches Global Shopping Mall

Press Release | 11/1/2011

BOCA RATON, Fla., Nov. 1, 2011 -- MediaNet Group Technologies, Inc., a global shopping and entertainment community, today announced that it has launched its Global Shopping Mall to serve DubLi customers all over the world.

DubLi's Global Shopping Mall includes over 10 million products from 400 merchants that ship to 214 countries. The DubLi Global Shopping Mall draws its merchant base from the US and the UK. When a customer visits the Global Shopping Mall from anywhere in the world, it immediately determines their IP address and displays all prices in their local currency. The Global Shopping Mall also displays only products and merchants that will ship to the customer's country of residence. Like DubLi's Shopping Malls in Germany, the US, Spain, Australia and Denmark, the Global Shopping Mall allows customers to shop by merchant name and category.

Michael Hansen, President and Chief Executive Officer stated, "DubLi's strategy has always been to offer our global customers access to all things DubLi on a localized level and the Global Shopping Mall certainly accomplishes this mission. We are excited about developing the Global Shopping Mall concept even further in 2012 with the addition of new merchants and more products. In conjunction with the launch of the Global Shopping Mall, we have also debuted our Mall Daily Deals and Current Specials page to deliver specialized offers to our customers around the world and drive repeat traffic to our websites."

DubLi Sells 50K Xpress Gift Cards Since Launch in May

Press Release | 10/4/2011

BOCA RATON, Fla., Oct. 3, 2011 -- MediaNet Group Technologies, Inc., a global shopping and entertainment community, today announced that it has sold 50,000 of its DubLi Xpress Gift Card Reverse Auctions since the launch on May 11, 2011.

Michael Hansen, President and Chief Executive Officer stated, "Reaching 50,000 Xpress Gift Cards sold is an exciting milestone, one that demonstrates the validity of the concept. We will continue to review, evaluate and enhance our reverse auctions, both Xpress and Unique. The Gift Card concept is illustrative of our plans and goals for the future of the Company, to create new and dynamic shopping opportunities that put our global customers on equal footing wherever in the world they reside."

Consumers around the world bid on six different Gift Card categories, concurrently. Each time a consumer bids on a Gift Card, the current price of that Gift Card is revealed and its price, simultaneously, is lowered by 0.20 (USD, AUD or Euro.) Successful bidders may purchase the Gift Card for the displayed price and then use the proceeds to purchase goods and services from virtually anywhere they choose including the DubLi Shopping Malls. Consumers who wish to participate in the new Xpress Gift Card auctions must first register for the DubLi VIP Member package, a complete access pass to everything DubLi.

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. has created a global online shopping community that includes its reverse auction concept, shopping mall platform and entertainment portal. The Company's unique operating strategy combines online shopping with its distribution network to reach customers directly on a global scale.

The foundation of MediaNet Group is built on innovative technology, a global platform and an expertise in understanding and capitalizing on global economic trends and changing consumer behaviors. The central hub of the MediaNet Group community is DubLi.com from which all other components of the business model are derived.

Dubli Launches Xpress Gift Card

Press Release | 5/21/2011

MediaNet Group Technologies, Inc., a global shopping and entertainment community, today announced that its DubLi.com subsidiary has launched its new Xpress Gift Card Reverse auctions on each of its four auction portals.

Consumers around the world can now bid on six different Gift Card categories, concurrently, utilizing the new DubLi Gift Card auctions. Similar to its previous Xpress Auctions, each time a consumer bids on a Gift Card, the current price of that Gift Card is revealed and its price, simultaneously, is lowered by $0.20 (Dollars/Euros.) Successful bidders may purchase the Gift Card for the displayed price and then use the cash to purchase goods and services from virtually anywhere they choose or on one of the DubLi Shopping Malls.

Michael Hansen, President and Chief Executive Officer, stated, "The nature of the DubLi business model allows us to quickly respond to customer demands on a global basis. The launch of the Gift Card auctions further enhances our global shopping environment for all consumers, enabling them to bid against each other. Our reverse auction concept has evolved to a level where we are able to put spending decisions back into the hands of the consumer and let them choose how, where and when they wish to spend their discretionary income. Initial results of the new Gift Card auctions are quite favorable and we are excited about the potential for the integration of all of DubLi businesses within this new concept."

Consumers who wish to participate in the new Xpress Gift Card auctions must first register for the DubLi VIP Member package, a complete access pass to everything DubLi. Once registered, customers will be eligible to receive the new DubLi Debit MasterCard that can be used at merchants and ATMs worldwide.

In conjunction with the launch of the New Xpress Gift Card auctions, DubLi also announced a new eWallet system, powered by Paylution, which enables DubLi to transfer funds electronically to its customers around the world, while also offering a wider variety of choices for recipients to access and redeem their earnings. Customers will be able to transfer their funds to their eWallet account and/or, shortly, to their own personal DubLi-branded Debit MasterCard.

DubLi Launches New Shopping Platform in Germany

Press Release | 2/8/2011

MediaNet Group Technologies, Inc. Launches New Shopping Mall Platform in Germany

BOCA RATON, FL--(Marketwire - February 8, 2011) - MediaNet Group Technologies, Inc. (OTCBB: MEDGE) today announced it has launched its new shopping mall platform in Germany, a new market for the company's shopping mall concept.

The new shopping mall platform is based on a price comparison model and uses sophisticated Business Intelligence to create a personal shopping experience, based on historic and relevant results. This new search technology allows the Company to take advantage of changing consumer behaviors and will enable additional targeting, demographic and data mining capabilities. The shopping mall also has its own recommendation engine that captures and remembers where a consumer shops, their individual shopping preferences and recommends additional products and services from both the shopping mall and the auction to provide an all-encompassing consumer shopping experience. The shopping mall also offers a number of user features including "Price Alerts," Customer "Wish Lists" and "Auction Alerts" for related products. The German shopping mall includes only German language merchants who sell their products in Euros.

Michael Hansen, President and Chief Executive Officer of MediaNet Group stated, "Today marks an additional evolutionary step in the growth and development of MediaNet. The new shopping platform and its technology methodology will allow us to replicate into new countries around the world. Germany has been a robust market for DubLi Network and DubLi.com which made our decision to launch the new mall platform for our German audience simple. As we have in Germany, the new shopping mall will allow us to apply a local area focus with local merchants and currencies to our growing base of operating countries. We expect to begin the rollout of the new shopping mall platform into other key markets during our third fiscal quarter starting with the US and Canada, followed by Australia."

Mr. Hansen continued, "Offering the shopping mall in conjunction with the reverse auctions and Entertainment concepts allows consumers a one-stop-shop for all their shopping and entertainment needs. Our ability to track each user's history and experience on our sites will further our efforts to capture additional discretionary spending from not only our current base of customers but also from those new customers who are introduced to DubLi with every new day."

Dubli Plans Launch Of Entertainment Platform

Press Release | 10/5/2010

DubLi, a subsidiary of MediaNet Group Technologies, Inc. today announced it will launch a global entertainment platform. The platform will provide customers around the globe with the opportunity to subscribe to a variety of entertainment and media accessories such as music, movies, audio books and more. DubLi Entertainment's subscription-based platform will allow users to access their entertainment library from any device in any given location or from a social networking site. This product offering is unique to the eCommerce, technology and multilevel marketing industries and will assist in positioning the organization as a leader in each.

The first component of DubLi Entertainment, music, is expected to launch at the end of 2010 with additional offerings rolling out over the course of the following year. Brack Jaskey, Chief Technology Officer, stated, "We are breaking new ground within the online shopping industry with DubLi Entertainment. We are excited about this launch because it creates a new and innovative revenue stream for the Company and provides DubLi customers with a tool that centralizes all of their online shopping needs." All media content through DubLi Entertainment will be licensed and will adhere to the applicable laws and regulations.

DubLi Launches New Global Entertainment Platform

Press Release | 6/10/2010

DubLi, a subsidiary of MediaNet Group Technologies, Inc. (OTCBB: MEDG), today announced it will launch a global entertainment platform. The platform will provide customers around the globe with the opportunity to subscribe to a variety of entertainment and media accessories such as music, movies, audio books and more. DubLi Entertainment's subscription-based platform will allow users to access their entertainment library from any device in any given location or from a social networking site. This product offering is unique to the eCommerce, technology and multilevel marketing industries and will assist in positioning the organization as a leader in each.

The first component of DubLi Entertainment, music, is expected to launch at the end of 2010 with additional offerings rolling out over the course of the following year. Brack Jaskey, Chief Technology Officer, stated, "We are breaking new ground within the online shopping industry with DubLi Entertainment. We are excited about this launch because it creates a new and innovative revenue stream for the Company and provides DubLi customers with a tool that centralizes all of their online shopping needs." All media content through DubLi Entertainment will be licensed and will adhere to the applicable laws and regulations.

MediaNet Group Strengthens Executive Team

Press Release | 6/3/2010

MediaNet Group Technologies, Inc. (OTCBB: MEDG) today announces that three top executives have joined the management team -- Wendy Berkowitz, Richard W. Robson, Jr., and Brack Jaskey.

Wendy Berkowitz, as the Company's buyer, now leads the team in the planning, purchasing and the implementation of auctions, and auction items as well as exclusive adventures. With her education from Northeastern University coupled with nearly 20 years experience in purchasing and product placement for sizeable companies such as Blockbuster Entertainment and Nieman Marcus, Ms. Berkowitz lends her skills to bring top of the line brand name products to DubLi.com.

Joining the Group as the head of customer service is Richard W. Robson, Jr. His skills and experience provide a solid foundation for building a worldwide customer service department bringing the offerings of the organization's customer service operations to an unprecedented level. Mr. Robson's career spans over a decade and his dedication to providing stellar customer service brings extraordinary value to the organization.

Mr. Jaskey has accepted the position of Chief Technology Officer and brings to the organization close to 20 years of experience in the technology industry and corporate environment. Mr. Jaskey holds a Juris Doctorate from University of Seattle Law School and practiced corporate law for five years before transitioning to the eCommerce industry where he successfully developed Search Engine Optimization and Internet marketing outsourcing solutions. "We are thrilled to have Brack as part of the team. With his talents and experience he is without a doubt an asset to the organization," shared Michael Hansen, Founder of DubLi and CEO and Director of MediaNet Group.

These executives will play an intricate role in the execution of the Company's overall organizational expansion which includes a global reverse auction, entertainment platform and virtual academy specific to the industry of network marketing. The Company is preparing to launch their global platform in June 2010. This platform will allow DubLi.com to offer top of the line, brand name products to customers around the world. Towards the later end of 2010 the entertainment piece of the Group's expansion will be launched with music as the first offering. Another portion of this expansion is the virtual academy developed to provide information and educational resources to business associates around the globe at any time.

Dubli Press Release

Press Release | 4/23/2010

DubLi.com, a division of MediaNet Group Technologies, Inc. has partnered with two time winner of the Indianapolis 500, Al Unser Jr., to launch the Al Unser Jr. Charity Auction. This auction will help to raise awareness for finding a cure for paralysis and bring attention to the research through Johns Hopkins Hospital's Miami Project. "I am very excited to hold my first driving clinic to share what I have learned in my career about driving, and at the same time raise money to help find a cure for paralysis," said Al Unser Jr. This auction is one of the most unique auctions DubLi.com has ever launched. The auction offers a weekend trip to Atlantic City with an opportunity to meet and learn from Al Unser Jr., along with the opportunity to race on a two mile track in a high performance race car with Little Al coaching all of the way.

The event will be held at the New Jersey Motorsports Park in Millville, New Jersey. The awardees of this auction will receive round trip airfare for two, deluxe accommodations at the New Jersey Mostorsports Park Suites and Trump Taj Mahal Hotel Casino, exclusive autographed memorabilia from Al Jr., 24 hour chauffer service, 6 hour driving clinic, dinner with Little Al, and cash prize. "Al is a true professional that has taken a personal interest in making every small detail of the race experience exceptional. We are certain that the awardees of this auction will be in for a special treat with surprises around every corner," stated Kent Holmstoel, Chairman and COO of MediaNet Group Technologies, Inc.

DubLi and MediaNet Open Florida HQ

Npros.com | 1/8/2010

MediaNet Group Technologies Opens Worldwide Headquarters in South Florida

Company Operations and Training Center for Business Associates January 05, 2010: 08:00 AM ET

MediaNet Group Technologies, Inc. (OTCBB: MEDG) today announced that they will open their Worldwide Headquarters in Boca Raton, Florida on February 1, 2010.

As part of the recent completion of the merger between MediaNet Group Technologies and the DubLi Companies, the Company has leased new office space and is relocating its senior Management Team and other key employees from Berlin, Germany to its new offices. In addition, the Company intends to create several new jobs in the area.

The Company has leased approximately 11,000 square feet in Boca Center, a central business area in South Florida. The Company expects to employ approximately 25 in its new office location including the 10 employees from their BSP Rewards division which is currently located in Margate, Florida.

The Company also plans to utilize its new facility as a Worldwide Training and Development center for its global network of Business Associates. The Company offices in Berlin, Germany comprised of 30 employees will remain open to facilitate European operations.

Michael Hansen, President and Chief Executive Officer of MediaNet Group Technologies, said, "After an analysis of several potential locations throughout the world, we decided that the U.S. makes the most strategic sense for building and developing our worldwide global operations. Specifically, the east coast of the US provides easy access for our Business Associates throughout the US as well as for those in Europe. We are excited about growing our operations in the United States as inroads into the market have proven very successful."

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies is a publicly held Company (OTCBB: MEDG). The main emphasis of the company operations rests in our DubLi.com, Dubli Network and BSP Reward divisions.

DubLi is a worldwide online auction portal. It is composed of two very unique and individual business models; DubLi.com -- a reverse auction portal for high level branded merchandise offered at highly competitive prices and DubLi Network -- the business opportunity where individuals around the world can establish their own business in a competitive market. The success behind DubLi.com's 'reverse auction' lies in the formula of being able to drive down prices incrementally with bids placed by consumers. It is a value based proposition where a consumer will buy when the price reaches a point of interest to the buyer.

BSP Rewards is an extremely affordable Private Branded "customer relationship marketing program" and "communications solution" that utilizes our proprietary loyalty and internet rewards mall platform and applications. The BSP Rewards Mall licenses our proprietary rewards on-line mall platform, and builds "merchant funded" private branded programs both for profit and non-profit organizations. Our program offers a large base of merchants that offer rewards to our clients' members and a unique platform that can be layered onto debit cards.

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MediaNet Group Technologies, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies, and the purchasing activity or lack thereof by registered web mall members.

DubLi in Brisbane Times

Brisbane Times | 12/9/2009

It's a reverse auction site that markets itself as the biggest thing in the e-commerce world since eBay and Amazon.

But could the promise of limitless income streams to those who buy in to the DubLi venture be too good to be true?

DubLi, which claims to have thousands of "business associates" overseas and is now recruiting spruikers in Australia, works on a reverse auction model whereby the selling price drops by 25 cents each time someone looks at an item.

Article Link

DubLi Merges with MediaNet

RTT News | 10/26/2009

MediaNet Group Technologies, Inc. (MEDG.OB: News ) announced that it has completed its reverse merger with CG Holdings Limited, a privately-held, European-based holding company for the DubLi companies, effective October 19, 2009.

Upon completion of the merger, the company said that DubLi became its wholly-owned subsidiary and DubLi's Chief Executive and Operating Officers will assume the same positions with MediaNet, and MediaNet's board of directors will also be controlled by directors nominated by DubLi.

Article Link

DubLi Founder Michael Hansen Takes Full Control

Npros.com | 9/21/2008

Naples, Florida July 24, 2008: Discount Marketing Corp and Alfred Luckerbauer, the US representatives for DubLi Network, announced today that DubLi President and CEO, Preben Westergaard, has stepped down and handed the reins over to Founder, Michael Hansen. Mr. Westergaard will remain with the company in a consultant capacity.

This is exciting news for all business associates of this German based company, as it signifies a great leap forward in the unity of DubLi as it continues its worldwide expansion and makes its march across the pond over to the United States and Canada this fall.

DubLi is a global trading platform, consisting of Reverse Auctions; Unique Lowest Bid, the Express and the ZerO auctions. It is considered by some auction aficionados, that it will surpass e-bay in popularity by the year 2010. The DubLi auctions, launched on a limited basis in Europe during 2006, are creating major excitement in the internet marketing and e-commerce arena.

DubLi Founder Finalizes US Plans

Npros.com | 9/20/2008

NAPLES, FL, July 23, 2008 - Discount Marketing Corp and Alfred Luckerbauer, the US representatives for DubLi Network Information, announced today that DubLi, Founder Michael Hansen and Chairman of the Board, Kent Holmstoel have finished up their successful tour of the United States and have returned to the operational headquarters of DubLi in Berlin, Germany.

Michael Hansen, Founder of DubLi made his last stop in Chicago, IL to meet with the renowned Charles W. King, Professor of Marketing at the University of Illinois at Chicago. Dr. King received his doctorate in business administration from Harvard University and bachelor's and master's degrees from the University of Texas. King's academic interests center on marketing management, strategic marketing planning and competitive market positioning.

The meeting was planned to finalize details for the educational and support material that DubLi will provide for all of its Business Associates.

While DubLi has a proven track record in Europe, expansion to the US, Canada and South America for this worldwide online auction and online shopping platform is scheduled for sometime in September of 2008.

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