iEntertainment Network Nasdaq Listing Status

Business Wire, April 4, 2001

Business Editors/High Tech Writers

RESEARCH TRIANGLE PARK AREA, N.C.--(BUSINESS WIRE)--April 4, 2001

iEntertainment Network, Inc. (NASDAQ: IENT), today announced that it was notified by Nasdaq of the decision to delist the company's securities from The Nasdaq SmallCap Market at the opening of business on April 5, 2001.

The decision by Nasdaq to delist the company's securities was based on Marketplace Rule 4310(C)(8)(B) and results from the failure to maintain a $1.00 minimum bid price for the common stock of iEntertainment Network.

Upon delisting from Nasdaq, iEntertainment Network anticipates that the common stock will be quoted on the Over The Counter Bulletin Board (OTCBB).

iEntertainment Network, Inc. (NASDAQ: IENT), founded in 1994 and located in Research Triangle Park, NC, is a leading provider of online entertainment media solutions, tools and content for ISP's portals, communities and e-commerce sites. iEntertainment Network currently serves both English and Spanish language audiences. The Company operates multiple online entertainment properties for key partners including AT&T WorldNet(R) Service's GameHub.net (http://www.gamehub.net), EarthLink's Games Arena (http://www.thegamesarena.com), Juno Online (http://juno.ient.com), and theglobe.com (http://www.theglobe.ient.com). iEntertainment Network has strategic relationships with AT&T (NYSE: T), EarthLink (NASDAQ: ELNK), as well as other content and service providers. For more information, call (919) 678-8301 or visit our website at (http://www.ient.com). AT&T WorldNet is a registered service mark of AT&T.

Forward-Looking Statements: Except for the descriptions of historical facts contained herein, statements in this news release concerning future results, performance or expectations are forward-looking statements, including without limitation, statements about revenue growth, profitability. Actual results, performance or developments could differ materially from those expressed or implied by such forward-looking statements as a result of known or unknown risks, uncertainties and other factors including those described from time to time in the Company's filings with the Securities and Exchange Commission, under "Risk Factors" and elsewhere, including risks relating to history of operating losses, change in business, failing to secure timely or adequate financing, delays in development and introduction of new products, dependence on new product introductions which achieve significant market acceptance and the uncertainties of consumer preferences, the rate and degree of market acceptance of online gaming dependence on third-party software developers for significant portion of new products, risks of rapid technological change and platform changes, intense competition, dependence upon third-party distribution, our ability to attract and retain advertisers, change in advertising rates, the expiration or termination of our strategic relationships, and other risks. We undertake no obligation to update any forward-looking statements as a results of new information, future events or otherwise, unless required by law.