Enxnet Inc. filed its 10-K on June 29, 2009 for the period ending March 31, 2009. In this report its auditor, Pattillo, Brown & Hill, L.L.P., gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Enxnet Inc. announced that it has begun work on a more expansive Gift Card that will be able to hold more content than the current CD based MultiMedia Gift Card(TM). The new version of the Gift Card will be DVD based. Now that all the manufacturing processes have been developed, the full scale marketing on the current CD based MultiMedia Gift Card(TM) is underway and being expanded on a daily basis. This now allows EXNT and their partners to restart the development of the DVD based Gift Card. The projected sales in the near future should be more than adequate to fund further development of other technologies. This release may include forward-looking statements from the company that may or may not materialize. Additional information on factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.

Enxnet Inc. announced that it has received an order for 5,000 MultiMedia Gift Cards(TM) from Interactive Card Services. This is a preliminary order that will be used as samples for several potential larger orders. Several issues have been put behind EXNT and its marketing partner a little over a month ago. Since then a large marketing effort has been put forth with great excitement that has led to the request of several samples to be delivered to several potential customers. Additionally, some new manufacturing processes are being put into place to be able to handle large scale orders going forward.