EXUS Announces the Formation of Votelnet, Inc. Votelnet Expected to Yield $5,000,000 in Revenues

NEW YORK, Feb. 6, 2003--Exus Global, Inc. (OTCBB: EXUS) and (NIPHIX: EXUSG), a global provider of international end-to-end network services, today announced the formation of Votelnet, Inc.

Votelnet is being created as per terms of the Joint Venture with Tecktel, Inc. which was announced last month.

The start-up of Votelnet has been facilitated by obtaining VOIP equipment which was acquired by Exus for 8,000,000 shares of restricted common shares. Exus has 50% equity in Votelnet.

Votelnet is in the process of finalizing various agreements to originate and terminate telephone traffic. The revenues expected from these contracts are expected to yield $5,000,000 in 2003. As a 50% owner Exus will consolidate these revenues in their financial statements beginning immediately once Votelnet is operational. Votelnet is expected to be operational by the end of the first quarter of 2003.

About Exus Global, Inc.

Exus Global, 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 www.exus.net and www.eenworldu.net

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.

Contact:
Exus Global, Inc., New York
Ike Sutton, 212/514-6600
isutton@exus.net