Exus Receives Grant of $1,250,000 from African Center Foundation

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NEW YORK, Feb. 3, 2003 -- Exus Global, Inc., (OTCBB:EXUS) (NIPHIX:EXUSG), today announced the receipt of a grant from the African Center Foundation (ACF) in the amount of $1,250,000 with first payment of $250,000 to be received during the 2nd quarter of this year.

The purpose of the grant is twofold: firstly, to assist in building Exus Education Network Internet Center's (EENIC'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. This content is provided by Exus' subsidiary EEN World University in conjunction with Mount Sinai Medical Center. The grant reinforces the ACF's commitment to Africa for educational development, especially in the fight against HIV and AIDS, and will assist in disseminating crucial information to thousands, benefiting affected patients and preventing the spread of the disease.

Ike Sutton, CEO of Exus, stated: "This grant, the first of many, demonstrates the need for Distant Education programs in emerging markets. Our partnership with the African Center Foundation enables the Foundation to use its resources and funds to educate and assist the African population in the area of HIV and AIDS. The development of EENIC's with connectivity to the Exus Shared Satellite Network will facilitate the delivery of medical and other educational material to the African continent. As President Bush stated in his January 28th State of the Union address, the U.S. is looking to commit 14 billion dollars in aid to Africa for the education, treatment and prevention of HIV and AIDS and we hope Exus will be a major participator in reaching these goals. With more than 35 million people infected with HIV in Africa alone, there is a major task on hand and this grant marks the beginning of our involvement."

Dr. Idris Olagoke Badums, the ACF's President, commented: "Working with Exus will assist in the realization of our main goal, the educational development of Africa. To move towards this goal requires real solutions; solutions that are provided by the educational resources of EEN World University. The African Center Foundation is pleased to be working with Exus to achieve our mutual goals."

About Exus Global, Inc.

Exus Networks, Inc. is a global provider of a broad array of value-added services, concentrating on Distant Education, delivered via a combined satellite and terrestrially based network. These services are provided to a diverse client base in emerging markets that includes medium to large multi-national businesses, universities, Internet service providers and government agencies. Through its subsidiary EEN World University, Exus offers the first prepaid Smart EducationCards(TM) to students worldwide. Through its subsidiary Votelnet, Inc, Exus offers prepaid calling cards to the international market. To learn more about the Company, please visit its websites at http://www.exus.net and http://www.eenworldu.net

About African Center Foundation

African Center Foundation is a non-profit organization and a NGO of the United Nations. It was founded in 1991 as a nonpolitical, nonreligious effort towards development of the continent of Africa. It is the only international humanitarian organization dedicated exclusively to the economical, social and educational development of Africa. It currently has presences in seventeen African countries, Italy, Britain and the United States. African Center Foundation has declared Black History month, February 2003, as African HIV survival month. For more information go to http://www.africancenterfoundation.org or call 1-212-561-0756.

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.

Contacts:

Exus Global, Inc.

Ike Sutton

212/514-6600

isutton@exus.net

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Tim Davranov
Exus Networks, Inc.
(212) 514-6600 x 22
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