RushNet, Inc. (OTC Pink: RSHN), Announces Appointment of CEO, Chairman of the Board and Chief Medical Officer

Richard Goulding MD, a Florida based physician endeavoring to develop innovative and quality HEMP based products with enhanced efficacy, cultivated an impressive management team for growth and will serve as Chairman of the Board of Directors

Palm Coast, FL., July 20, 2018 (GLOBE NEWSWIRE) --  RushNet, Inc. . (OTC Pink: RSHN) announces that Richard Goulding, MD, appointed Frank Deangelo as the Chief Executive Officer of RushNet, Inc.  Mr. Deangelo is the retired President and CEO of Applejam, Inc. which was one of the world’s largest restaurant franchises which he grew to having over $120,000,000 in sales with over 2500 employees before selling it.

Dr. Goulding will continue to also serve in his roles as Chairman of the Board of Directors and Chief Medical Officer. Dr. Goulding is quoted as saying “As we continue to cultivate strategic relationships that will inure to the benefit of multiple parties.” Dr. Goulding is further quoted as saying “our mission is to enhance the value of RushNet and other companies with whom it conducts its business, for the benefit of the shareholders, as we foster beneficial financial transactions.

Many investors have contacted the Company inquiring about the prospects of a reverse split. We would like to inform them that we do not think a reverse split is necessary or even helpful and is therefore not something the Company intends to pursue.

Please stay tuned for further announcements as we endeavor to create value for our shareholders.

About RushNet, Inc.

RushNet, Inc. is in the early stages of bringing value to its shareholders, including in the field of specialty beverages and a variety of Hemp, oil-based products (including under the name of Knockout PunchTM).

About XYZ Hemp, Inc.

XYZ Hemp, Inc. is in the process of XYZ is in the process of facilitating the filing of its initial public offering (IPO), and is joint venturing with other private and public companies, collectively constituting a complete vertical integration (seed to sale) within the industry of hemp growing, processing and product integration.

Safe Harbor Statement:

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company's ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company's operating history and resources, economic, competitive, and equity market conditions.