ZKid Network Company and Sharing Way, LLC Issue Joint Retraction, Correction and Clarification of Certain Statements Contained in December 21 and 22, 2004 ZKid Press Releases CHICAGO, Jan. 21 /PRNewswire-FirstCall/ -- ZKid Network Company (OTC:ZKID) (BULLETIN BOARD: ZKID) and Sharing Way, LLC jointly announced that ZKid's press releases issued on December 21 and 22, 2004 contained statements about Sharing Way, LLC that need both correction and clarification. These press releases were issued by ZKid Network Company without Sharing Way's involvement or approval. The purpose of this joint release is to clarify, correct and supplement the information in ZKid's prior releases regarding Sharing Way, LLC. Sharing Way, LLC is a privately-held start-up company with a passion to help churches, charities and other not-for-profit organizations create new passive-income through their supporters' everyday spending. Sharing Way offers a prepaid debit MasterCard(R) card issued by BankFirst of Sioux Falls, South Dakota. The Sharing Way Card marries the commitment and passion people feel for their faith community or favorite charity with the desire to have the convenience of a major branded charge card, without penalty fees or added debt. Because prepaid cards are funded by the card member, no credit history or employment verification are required to qualify. Sharing Way anticipates significant growth during 2005, based upon scheduled enrollment campaigns with one very large national charity and several large churches. Under Sharing Way's prepaid card program, a share of transaction fees charged to the cardmember's account in connection with everyday use of their card is paid as a royalty to the church, charity or other nonprofit designated by the cardmember. Sharing Way offers practical everyday benefits with each card. Independent contractors offer benefits that include: discounted movie tickets and rentals, prescription drug discounts, long distance and roadside assistance. ZKid Network Company will now be added as an additional benefit to Sharing Way cardmembers in an effort to provide a safe environment on the Internet for Sharing Way cardmembers and their children. Sharing Way has signed an agreement with ZKid Network Company and will be offering ZKid's products to Sharing Way cardmembers in early 2005. Sharing Way does not have "28 million members" nor does it have a "core audience of 28 million families." In fact, Sharing Way, LLC is a start-up company and the actual number of Sharing Way card members at this time is small. Sharing Way has had conversations with a large number of churches and charities representing millions of members and supporters. Sharing Way has recently placed an order for 100,000 stock plastic cards in anticipation of a major campaign with one of America's 15 largest charities. There is no present or near-term plan for Sharing Way to market ZKid's products to any 28 million "members." ZKid's products will become part of the benefits package offered to all Sharing Way cardmembers. Sharing Way itself is not a "charitable organization," although it does market its product to churches, charities and other not-for-profit organizations. Sharing Way, LLC is an Arizona limited liability company that was organized in 2003 with the intent of conducting future profitable business operations. No investment securities of Sharing Way, LLC are offered or sold to the public. ZKid's releases issued December 21 and 22, 2004 contained certain statements in the nature of projections, forecasts and other forward looking statements regarding the number of members or cardholders that Sharing Way will have as of certain future dates and the number of members or cardholders that will be added during certain future periods. Although the projection contained in ZKid's releases that there will be 500,000 Sharing Way cardmembers by the end of 2005 is generally consistent with Sharing Way's internal projections, Sharing Way did not intend for this projection to be released to the public; this projection is based on certain unverifiable assumptions and, as noted below, is subject to numerous risks and uncertainties regarding future events. Sharing Way is unable to support or confirm any of the other statements contained in ZKid's releases regarding the number of members or cardholders that Sharing Way will have or add in any future period. While Sharing Way believes it will enjoy significant growth during 2005 and thereafter, and desires ZKid to be part of this projected growth, we believe there is insufficient basis at this time to predict with any reasonable certainty the rate of Sharing Way's growth during any future period, particularly during the first two quarters of 2005. ZKid's releases claim that ZKid has "conservatively estimated our agreement to be worth approximately $20,000,000 dollars." Sharing Way is unable to support or confirm this statement and believes it is important to note that the agreement between Sharing Way and ZKid Network Company is open ended in term; it may be terminated by either party by providing 60 days written notice to the other party of intent to terminate. No assurances can be given that any projection, forecast and other forward looking statement regarding Sharing Way's growth will prove to be accurate. Such statements are not historical facts; rather, they are "forward-looking statements within the meaning of Section 27A of the Securities Act of 1934, as amended. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ materially from the predicted results, and Sharing Way makes no representation or warranty that any projections or forecasts referred to herein or in the ZKid releases will be achieved. Some underlying assumptions may not materialize and unanticipated events and circumstances may occur. Therefore, the actual results achieved may vary from projected results and such variation may be material. For more information about Sharing Way, contact Allen Gjersvig, 1-877-760-5777 or ... ; please visit http://www.sharingway.com/ . ZKid Network Company is a proprietary software company dedicated to providing a totally safe environment for children. ZKid's software provides safe internet, e-mail and chatroom capabilities as well as fully animated education/entertainment content for children ages 4-10. Subscribers can participate in a Virtual Private Network (VPN) specifically designed to provide a totally safe environment for children. Safe Harbor Provisions: Safe Harbor Act Notice... This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the Company's products, increased levels of competition, product and technological changes, the Company's dependence on financing and third party suppliers, and other risks detailed from time to time in the Company's federal filings, annual report, offering memorandum or prospectus. Specifications are subject to change without notice. DATASOURCE: ZKid Network Company; Sharing Way, LLC CONTACT: Allen Gjersvig of Sharing Way, LLC, +1-877-760-5777, Mobile +1-480-529-6686, Web site: http://www.zkidnetwork.com/ http://www.sharingway.com/

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