BOCA RATON, Fla., Feb. 1, 2012 /PRNewswire via COMTEX/ — MediaNet Group Technologies, Inc. (otcqb:MEDG) is a global marketing company that provides consumers around the world with a variety of innovative shopping and entertainment opportunities, today announced financial results for the fiscal year ended September 30, 2011.

[...]

For the year ended September 30, 2011, revenues increased 141% to $23.8 million compared to $9.9 million for the year ended September 30, 2010. Gross profit for the year was $7.9 million, or 34% of revenue, up 75.4% compared to $4.6 million, or 46% of revenue, in the same period of 2010. Net loss for fiscal year 2011 was $4.2 million resulting in a loss per basic and fully diluted share of $0.01, as compared to a net loss of $5.1 million, or a loss per basic and fully diluted share of $0.18 in fiscal 2010.

[...]

“The year progressed as we planned,” said Michael Hansen, President and Chief Executive Officer of MediaNet Group (DubLi.com).

“We used the first two quarters to strengthen our team, our systems, and our product offerings and it paid off for us in the second half of fiscal 2011 with increased sales transactions through our portals and much improved revenues.”

Mr. Hansen continued,

“Due to the favorable response to our new Xpress auction format, I remain very excited about our prospects for 2012.”

Mark Mroczkowski, MediaNet Group’s Chief Financial Officer added,

“Our top line revenues grew incrementally each quarter improving from $1.8 million in the first quarter to $9.6 million in the fourth quarter. Total cash sales before deferring unearned revenue also grew significantly from $3.4 million in Q1 to $9.9 million in Q4.”

Mr. Hansen continued,

“I expect our strong second half performance to carry into 2012 as we have experienced continued growth during the first quarter of 2012.” “We have not yet realized the potential growth from our new infomercial program that will launch during the first half of 2012, the new Partner Program and our expanding network of Business Associates around the world.” “These initiatives are important elements towards further building the foundation of our Company.”

For more details…

[DubLi Network News]  It is with the great pleasure that we formally announce the date for our next DubLi Leader Event: April 14-15, 2012 in Boca Raton, Florida (USA).
We expect two exciting days of leader training, Partner Program Certification, fun, lots of handshaking, exciting news, and brand new product announcements and releases. This is an event you DO NOT want to miss!

In true DubLi style, attendees will have the privilege of receiving hot-off-the-press news, including some of the most exciting news in DubLi’s history. Regardless of what you’ve seen before from DubLi , this will exceed your wildest expectations. With some big announcements planned, you will want to be there to see them revealed in person.

The event is exclusively for Team Coordinators*, Sales Directors and Vice Presidents.

The event will include:
- Leader Training by Tom “Big Al” Schreiter and other top trainers
- Partner Program Certification training by Ruben Bravo
- Never-before-seen product announcements introduced by Michael Hansen
- 2012 Roll Out Plan
- The DubLi Management Team available for meet and greet
- The Circle of Champions
- New Merchandise
- Tons of fun
- And much, much more!

Join DubLi Network Now and Be ready to Start a New eRa in e-Commerce…

Put some sizzle back in your romance this Valentine’s Day with an exciting getaway made possible by DubLi’s Unique Bid auctions!

At DubLi you can find a number of incredible Gift Card auctions including this Unique Bid Travel & Adventures Gift Card that allows you to spend $/€ 700 on any travel expenses such as flights, hotels, cruises, car rentals and much more.

So if you want whisk your sweetheart away for an unforgettable Valentine’s experience, this is your opportunity.

Just place the lowest unique bid in this auction and start packing!

We are pleased to inform you that the fourth edition of Inside Magazine has been published and is ready for your viewing pleasure in the back office. We are very proud of this edition which features some of DubLi’s leading women in the business, an interview with our COO, Mr. Alessandro Annoscia and our cover story, of course, provides details of the recent event in Vienna Austria.

Take your time to read it and enjoy!

[DubLi Network News - 23/12/2011]

Dear Business Associate,

As we make time for festivities, family and celebration, and come to the end of 2011, we can’t help but to reflect on the past year.  We are fortunate to be able to say that 2011 was a tremendous year for DubLi!

We say this with the utmost gratitude and humility because we recognize that none of this would be possible without our valued Business Associates, Partners and employees.  Your dedication and commitment to the DubLi mission this year was unparalleled and we look forward to the New eRA that will officially commence in 2012. We hope you share in our joy in knowing that with DubLi, anything is possible.

We participate in the DubLi mission every day because we know that what we are building and creating will revolutionize how consumers around the world shop and stay entertained. With new opportunities abound, we look forward to the future of DubLi and to you being a part the DubLi team.

[DubLi News] Are you a DubLi V.I.P. Member? If so, don’t miss the opportunity to win one of our 25 $/ € Xpress Auction Bonus Cards. Lucky V.I.P. Members will be greeted with a pop-up window letting them know they’ve received this special bonus. So keep bidding on those Gift Cards and you might be one of DubLi’s Bonus Card winners!

Not a V.I.P. Member yet? Not a problem! You can still take advantage of this and many other incredible benefits by easily subscribing to DubLi’s V.I.P. Member package on our website.

Here are some of the benefits you will get with DubLi’s V.I.P. Member package:

* 25 Credits each month to use in DubLi’s auctions
* Access to the Xpress Gift Card auctions
* 7% annual Cashback on all Shopping Mall purchases
* Access to the Customer Referral Program
* A free DubLi MasterCard debit card.

Sign up now and let the savings begin!

We are pleased to announce that the DubLi branded MasterCard will be ready to order on Tuesday, December 20. All of our V.I.P. customers with memberships of at least three months will be notified directly by DubLi.com.

The DubLi Prepaid MasterCard® will work just like any other Prepaid MasterCard card. The card is accepted at all locations where Debit MasterCard is accepted worldwide. You can use it at a point of sale location to make purchases and at ATMs to withdraw cash. You can also load funds directly from your Cash Organizer onto your DubLi Prepaid MasterCard®. You can also add some additional security by choosing your own PIN to prevent unauthorized use of your card.

$100,000 USD for a Mercedes-Benz, Rolex or gold

What would you do with $100,000 USD? Would you purchase a dream car? Buy a prestigious Rolex? Invest in the booming gold industry? In this exciting $100,000USD auction, you get to make one of these amazing luxuries yours!

Whether you want to cruise around town in a high performance vehicle, wear one of Rolex’s most exclusive masterpieces or receive $100,000 USD worth of gold, the choice is yours. Just tell us what you want, and you can have whatever your heart desires!

Don’t miss this opportunity to experience the superior craftsmanship of a top of the line Mercedes-Benz, the majesty of a Rolex made of the finest precious metals and diamonds, or the peace of mind that comes with having an unbelievable $100,000 USD worth of Gold in a secured account.

[MarketWacth Press Release] BOCA RATON, Fla., Nov. 28, 2011 /PRNewswire via COMTEX/ — MediaNet Group Technologies, Inc. (otcqb:MEDG), a global shopping and entertainment community, today announced that Charles Arizmendi has been named Executive Vice President of Enterprise Business Unit, reporting directly to Alessandro Annoscia, Chief Operating Officer.

The role of Executive Vice President of Enterprise Business Unit is new within the Company and will lead the strategic sales and marketing efforts of DubLi’s Partner Program around the world, establishing a global network of professional sellers as well as all operating and development resources related to the Partner Program. Mr. Arizmendi will be based out of the Company’s Corporate Headquarters in Boca Raton, Florida.

Mr. Arizmendi brings to MediaNet Group over 22 years of experience in the IT and Computer Software Industries, most recently as Vice President and Chief Operating Officer at BitDefender, a leading security software manufacturer in Eastern Europe. [...].

[...] Mr. Arizmendi was responsible for launching BitDefender’s new partner program, the strategic realignment of the Company’s retail operations and the acquisition of new distributors around the world.

[...]

Charles Arizmendi continued,

“I have been watching and admiring DubLi for several years now, so it was without second thought that I would join this exciting Company. Under Michael and Alessandro’s leadership and direction, I am prepared to take on the world with the DubLi Partner Program and welcome the opportunity to share what I have admired with others around the globe. DubLi’s business model is well positioned to take advantage of the world’s global shopping and entertainment arena and I look forward to enhancing Michael’s vision and executing new strategies for growth.”

[...]

Read complete press release…

[WSJ Technology] It’s often said that there isn’t really a tablet market, just an Apple iPad market with a bunch of other contenders fighting over the remnants. But, starting this week, that is likely to change, because Amazon is adding a multifunction color tablet to its popular Kindle line that costs less than half as much as an iPad 2.

This new $199 device is called the Kindle Fire, and after testing it for a week, I think it’s a good—though not a great—product and a very good value. It doesn’t just add color to the Kindle, it adds a robust ability to store and stream music, TV shows and movies—and a weaker ability to store and display color photos. And it offers about 8,500 apps at launch, including Netflix, Angry Birds and QuickOffice.

Read more…

[DubLi Network News] Partner Program Field Certification

Starting in March 2012, all BAs, TCs and upwards wishing to participate in the Partner Program will need to apply for field certification.

This certification process will be managed by a third party vendor and will ensure that business associates acquire the appropriate skills to meet the goals of the Partner Program set forth by DubLi. This certification program will cover key account management, rather than the traditional one-on-one approach used by BAs.

The certification program will also train BAs to get the results DubLi wants from the Partner Program and from each individual Partner. More information regarding the certification process will be given as it becomes available.

[PressRelease] BOCA RATON, Fla., Nov. 1, 2011 /PRNewswire/ — MediaNet Group Technologies, Inc. (OTCQB: MEDG), a global shopping and entertainment community, today announced that it has launched its Global Shopping Mall to serve DubLi customers all over the world.

DubLi’s Global Shopping Mall includes over 10 million products from 400 merchants that ship to 214 countries. The DubLi Global Shopping Mall draws its merchant base from the US and the UK.  When a customer visits the Global Shopping Mall from anywhere in the world, it immediately determines their IP address and displays all prices in their local currency.

The Global Shopping Mall also displays only products and merchants that will ship to the customer’s country of residence. Like DubLi’s Shopping Malls in Germany, the US, Spain, Australia and Denmark, the Global Shopping Mall allows customers to shop by merchant name and category.

Michael Hansen, President and Chief Executive Officer stated,

“DubLi’s strategy has always been to offer our global customers access to all things DubLi on a localized level and the Global Shopping Mall certainly accomplishes this mission. We are excited about developing the Global Shopping Mall concept even further in 2012 with the addition of new merchants and more products.  In conjunction with the launch of the Global Shopping Mall, we have also debuted our Mall Daily Deals and Current Specials page to deliver specialized offers to our customers around the world and drive repeat traffic to our websites.”

[Hot Stocked] For one reason or another, volumes keep rising, and the stock price of MediaNet Group Technologies Inc.(PINK:MEDG) keeps accumulating value.

In October alone, the increase in its share price is almost 50%, and the pace is not slowing down, but rather than that speeding up.

Yesterday is a good example. Another positive day for MEDG with almost 400k shares exchanging hands and a 16.6% increase in the stock price, the session closing at $0.35 per share. No news, no promotions, no SEC filings this week. Just an optimistic stock performance, and a busy day for shorters. Yesterday, 133k shares exchanged hands as a result of short-trading activity. In the meantime, the third quarter is over now, so financial results should be expected soon.

[...] Read more from the source…

About MediaNet Group Technologies, Inc.:

MediaNet Group Technologies, Inc. has created a global online shopping community that includes its reverse auction concept, shopping mall platform and entertainment portal.

The Company’s unique operating strategy combines online shopping with its distribution network to reach customers directly on a global scale.

[DubLi Network News] Please join us for a once-in-a-lifetime opportunity to be part of history, a revolution and a New DubLi eRA! We have gathered more than 22 leading keynote speakers from IT, e-commerce and Network Marketing industries. The following are the short resumes of a few of our keynote speakers:

• Daniel Cervantes, Microsoft,
• Ruben Bravo, Digital Marketing Consultant at WSI,
• Tom “Big Al” Schreiter, Network Marketing Legendary,
• Martin Ferguson, Network Development Manager, LinkShare UK,
• Jay Engelmayer, Executive Vice President, Marketing & Business Development, GlassesUSA,
• Teresa Tao, Director of Online Advertising, Shoebuy, Bagsbuy, Outletbuy, Clothesbuy,
• And more…

Join us in this New eRa…

Read more »

[DubLi News - 10/06/2011]

Be advised that our resort voucher program has come to an end both for customers and for Gold package buyers. The program will end this Friday, October 7th, 2011.

We encourage our customers to use the new Customer Referral Program to invite friends and family to subscribe to DubLi.com’s V.I.P. Member package. When referred customers hold that subscription for 30 days, the referring V.I.P. customer will earn 5.00 (Euros/USD/AUD).

And for each month they hold a subscription with us thereafter, the referring member will earn €2 or $2.50 (AUD/USD). This is a great way for you and your V.I.P. customers to earn lots of cash, month after month.

Sign up for your V.I.P. membership today!

If you have unused vouchers, they are still valid, according to the rules found at www.dfsresorts.com .

[DubLi Network News] DubLi International Event – Vienna, Austria October 22-23, 2011

Be at the right place at the right time!

Please join us for a once-in-a-lifetime opportunity to be part of history, a revolution and a New DubLi eRA! We have gathered so many exciting leading keynote speakers from the IT, e-commerce and Network Marketing industries.

Never before has DubLi dedicated so much time, effort or resources to putting together an event of this scale – two powerful days, the best of the best speakers, and we will be announcing some big news that will bring your business to a level you’ve never seen before.

While we can tell you WHO they are, we’re not going to tell you WHY they will be there. You need to come and find out for yourself. We intend to arm you with so much information and knowledge at this event, it won’t be possible for you to do anything else but boost your online business tremendously.

BOCA RATON, Fla., Sept. 27, 2011 /PRNewswire/ — MediaNet Group Technologies, Inc. (OTCQB: MEDG), a global shopping and entertainment community, today announced that DubLi Entertainment has added 26,000 online games to its platform.

The new gaming platform provides DubLi customers with a way to check-in with their favorite games, discover new gaming options and join a large community of gamers.  Many of the new games will allow users to let other gamers know what they are playing, leave or browse tips for their favorite games and earn badges.  The games cover many categories including: Featured, Hot New, Popular, Sports, Shooter, Strategy, Puzzle, Action, Multiplayer, Adventure, and Social.

Some of the games offer the ability to connect with Facebook, high scores and in game currencies, which allow players to purchase items and upgrades for a specific game. All games are free and some offer the ability to pay for upgrades. Access to games through DubLi Entertainment is free to DubLi customers.

Commenting on today’s announcement, Michael Hansen, President and Chief Executive Officer stated,

“Online games are a large and rapidly growing form of entertainment, currently estimated at over $1 billion annually.  It is our mission to add valuable, flexible and a variety of choice to our customers regardless of their individual preferences. We expect the wide variety of game options available to appeal to our global base of customers and the social component of many of the new games should provide for greater visibility for our Entertainment platform. With DubLi.com’s increasing traffic combined with our subscription services, we expect to capture a greater portion of both impulse play as well as those habitual, loyal gamers from our customers.”

DubLi International Event – Vienna, Austria October 22-23, 2011
Be at the right place at the right time!

[DubLi News] Danish Shopping Mall Launched on August, 20 2011

We are pleased to announce the DubLi Shopping Mall in Denmark is now live and featuring more than 250 of the most notable Danish brands including Day Birget et Mikkelsen, Stadium, Georg Jensen, L´EASY, Expedia DK, Skagen, TDC, Wagner, Smartkids and Deres.dk.

In conjunction with the launch of the Danish Mall, the Smart Shopper package will now be available to Danish BA’s and customers. In keeping with DubLi’s four portals, those customers who shop in the Danish Mall will shop in Danish Kroner. However, on the Total Purchases page in their Shopping Mall account, purchases and Cashback will be paid in Euros. The currency conversion rate is based on the date the purchase is reported to DubLi by each merchant and may vary slightly from the date of purchases.

The 5% Cashback is based on the purchase price of the product only and does not include VAT, sales tax or shipping and handling.

Commenting on the Danish Mall launch, Michael Hansen, President and Chief Executive Officer stated,

“With every new mall we launch, we benefit from the experience of capturing more data on the user experience so that we may deploy new optimization tools throughout our Shopping Mall universe. While no two geographic markets are exactly the same, the data we are gathering regarding consumer behavior, discretionary spending patterns and global ecommerce is invaluable and making us a smarter company across the board. We are optimistic about the future of the DubLi Shopping Malls as we enter fiscal 2012.”