Intermedia Net Inc. Subsidiaries Announce 1999Schedule for Major Label Distribution.

SMITHTOWN, N.Y.--(BUSINESS WIRE)--April 1, 1999--Intermedia Net, Inc. (OTCBB:BNETD) Intermedia Net Inc. released today its 1999 Schedule of Artists and product lines for their major label distributors.

Intermedia Net's record label subsidiaries, Fortune Entertainment Inc., based in New

York and Ichiban International Inc., based in Atlanta are providing all of the company's major label distributors with their entire genre of artists for 1999. According to Fortune Entertainment President, Bruce Dugan, "Fortune and Ichiban's combined efforts have produced cutting edge material that will allow Intermedia Net's Entertainment Division to become recognized in the industry as a force to be reckoned with by the major labels."

Intermedia Net's CEO, James Zimbler, feels that "our mission to fully develop our E-commerce Digital Delivery of music and video is strengthened by the quality of our content and the pool of talented professionals that we have assembled."

Intermedia Net, Inc. is a E-commerce industry related company providing E-commerce Internet solutions for the Entertainment, Transportation Logistic Management, and On-line Services industries.

For further information please contact: Paul Marrow at 908-587-0642.

Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction.