Network Exploration signs Investor Relations agreement with Vantage Communications

VANCOUVER, Feb. 15 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) has retained Vantage Communications Ltd., a Vancouver based Investor Relations service provider, to act as a marketing and investor relations consultant for the Company.

Vantage is a leading provider of Investor Relations services with innovative strategies, including telephone, email and online information dissemination. Vantage aims to increase the flow of information to shareholders, potential investors and financial institutions throughout the investment community.

As part of an initial three month term, extendable by mutual agreement up to a maximum term of one year, Vantage Communications will be paid $6500 per month and has been granted incentive stock options at an exercise price of $0.18. The options will vest at 75,000 options every three months commencing on the third month after the date of this agreement to a total of 300,000 options in the event that the contract be extended to its maximum term and will expire within 30 days of the date at which the contract has ended.

This agreement is subject to the approval of the TSX Venture Exchange.

Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 638-7363 (toll free 866 637-5138) or visit the Company's website: www.networkexploration.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Alexander Helmel"

President

Forward looking Statements. This news release has been prepared by management. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking statements.

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THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

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