Business

I am the proud CEO of MediaNet Group Technologies, Inc. and BSP Rewards, Inc. I am proud because we have a staff of great people, a Board of Directors that really know their stuff, and a group of outside consultants that share their wealth of knowledge.

We sometimes feel like the proverbial tortoise in a world that loves rabbits but our growth is steady and sure while many of the rabbits have ended up as stew. The bottom line is who will end up the winner of the race….and thankfully that seems to be us.

 MediaNet Group Technologies encompasses an integrated group of operating divisions with a marketing emphasis on the BSP branded rewards program. The company is involved in areas that are structured to produce residual revenue with high margins. These programs encompass proprietary platforms including branded rewards programs, internet applications, web portal programs, and intellectual properties.

The Company licenses our platform and content to corporations and organizations and then customizes and “brands” the applications in our client’s name with their own identification, look, feel and individual information. We then create a continuing marketing program to the millions of members enrolled in the BSP programs through these companies and organizations. www.medianetgroup.com

 The Company has developed a proprietary application that allows us to customize branded rewards, continuity and loyalty programs - including an internet discount shopping mall showcasing over 650 of the nation’s finest merchants- for companies of all sizes and encompasses many unique aspects combined with an ability to bring those programs to market quickly and at a low cost.

BSP Rewards is a unique Rewards and Loyalty Program that offers members up to 15% rewards and 60% discounts in addition to any rewards already associated with their credit cards. This one of a kind program allows participant web and in-store merchants, manufacturers and service organization the opportunity to offer rewards as a sales incentive and to become redemption centers and enjoy their full retail margins on redemptions. BSP receives a development fee plus a percentage of all sales through the system. Additionallythe program is offered to
large charities, schools, religious and non-profit organizations who auto-enroll their member base and who then receive an percentage on all purchases made by their members on their branded web mall. The BSP program is private branded for each participating company and organization. www.bsprewards.com

                                                 
Having said the above in dry business talk, the summary is as follows:

• We have built one of the largest virtual shopping malls on the web.
• We private brand it for companies and organizations.
• Members earn rewards by shopping and can accumulate them as a common cash value currency which they can spend with any and all merchants for whatever they want.
• Merchant become redemption centers and enjoy the redemption sale and profits.
• Member providers receive a continuous percentage of the rebates their members earn.

Everybody wins….pretty neat.