Common use of OWNERSHIP CERTIFICATE Clause in Contracts

OWNERSHIP CERTIFICATE. The undersigned, Rand▇▇▇ ▇▇▇▇▇▇▇, ▇▇mediately prior to the closing of the Agreement and Plan of Reorganization by and among EDnet, Inc., EDN Sub, Inc., and Internet Worldwide Business Solutions (the Agreement and Plan of Reorganization) hereby certifies that: 1. He owns, of record and beneficially, 25,000 shares of Common Stock of Internet Worldwide Business Solutions (the "Company") free and clear of all liens, encumbrances, pledges, claims, options, changes and assessments of any nature whatsoever, with full right and lawful authority to transfer such shares pursuant to the terms of the Agreement and Plan of Reorganization. There exists no voting agreement, voting trust, or outstanding proxy with respect to any of such shares. There are no outstanding rights, options, warrants, calls, commitments, or any other agreements of any character, whether oral or written with respect to such shares. 2. The only other outstanding securities of the Company are 25,000 shares of Common Stock held by Rand▇▇▇ ▇▇▇▇▇▇▇. 3. He is acquiring the Merger Consideration (as defined in the Agreement and Plan of Reorganization) for his own account, for investment purposes only, and not with a view to the sale or distribution of any part thereof, and he has no present intention of selling, granting participation in or otherwise distributing the same. Seller understands the specific risks related to the Merger Consideration, especially as it relates to the financial performance of EDnet, Inc.

OWNERSHIP CERTIFICATE. The undersigned, Rand▇Trev▇▇ ▇▇▇▇▇▇▇, ▇▇mediately prior to the closing of the Agreement and Plan of Reorganization by and among EDnet, Inc., EDN Sub, Inc., and Internet Worldwide Business Solutions (the Agreement and Plan of Reorganization) hereby certifies that: 1. He owns, of record and beneficially, 25,000 shares of Common Stock of Internet Worldwide Business Solutions (the "Company") free and clear of all liens, encumbrances, pledges, claims, options, changes and assessments of any nature whatsoever, with full right and lawful authority to transfer such shares pursuant to the terms of the Agreement and Plan of Reorganization. There exists no voting agreement, voting trust, or outstanding proxy with respect to any of such shares. There are no outstanding rights, options, warrants, calls, commitments, or any other agreements of any character, whether oral or written with respect to such shares. 2. The only other outstanding securities of the Company are 25,000 shares of Common Stock held by Rand▇▇▇ ▇▇▇▇▇▇▇. 3. He is acquiring the Merger Consideration (as defined in the Agreement and Plan of Reorganization) for his own account, for investment purposes only, and not with a view to the sale or distribution of any part thereof, and he has no present intention of selling, granting participation in or otherwise distributing the same. Seller understands the specific risks related to the Merger Consideration, especially as it relates to the financial performance of EDnet, Inc.