For Immediate Release...June, 2006...Philadelphia, PA

Diginexus Corporation is pleased to announce the appointment of Ari Kushner as President.

Ari has a diverse background in technology and business. Prior to founding Diginexus, Kushner worked for Morgan Stanley Merchant Banking in its principal investment division. There, he designed actuarial models and software for Morgan Stanley's offshore reinsurance interests. Kushner also founded an earlier venture, Lion Technologies, whose purpose was to represent Bellcore in advising battery manufacturing companies of breakthrough solid-phase lithium-ion secondary power source technologies developed and patented by Bellcore. Kushner graduated from the University of Pennsylvania with Bachelor's degrees in Electrical Engineering and Economics, the latter of which was earned from the Wharton School.