“Children’s Educational Network Secures $4 Million Debt Financing from Laffer, Frishberg, Wallace Economic Opportunity Fund L.P.”

San Diego, CA (September 11th, 2008) – Children’s Educational Network (CEN) is proud to announce the completion of a four million dollar debt financing provided by the Laffer Frishberg Wallace Economic Opportunity Fund L.P. based in Houston Texas.

Greg Writer CEO & Founder of CEN met Dan Frishberg at the FSX Investment Conference in Marina Del Rey in April of this year where Mr. Frishberg was the keynote speaker. Mr. Frishberg took an immediate interest in CEN and their vision to protect and educate children on the World Wide Web. After many conversations and meetings Mr. Frishberg negotiated terms and provided this debt financing on behalf of the fund and his partners David Wallace, former Mayor of Sugarland, Texas and Arthur Laffer, the famous "Reagan" economist.

Terms of the financing included; a four million dollar revolving line of credit, shares of ownership for the Laffer Fund, options to acquire additional shares of CEN and the appointment of 2 board seats to the five man board of CEN.

"I am extremely excited to have obtained this funding from the Laffer Frishberg Wallace Fund and I am anxious to have their extensive relationships open up to our company" said Greg Writer.  "With the doors this group can open for us it is sure to help us become the leader in our space".

David Wallace, while Mayor of Sugarland Texas, had been intimately involved in Internet safety and helped spearhead a program with other Mayors across the country. "The vision and technology that CEN has great promise and we are elated to provide funding for a company with such a great cause" said David Wallace the funds operations manager.

Dan Frishberg the founder of BizRadio, a well known financial guru, and a frequent guest on national TV shows (such as: Fox News, CNN, MSNBC) was quoted as saying "I love the idea of teaching kids financial literacy and I want create some content to teach kids supply side economics. CEN's patented rewards platform is the perfect vehicle to motivate kids to learn about money and finance".

About Children’s Educational Network
Children’s Educational Network (CEN) is building the premier, online community for children –The Ultimate Kids’ Internet” ™ or “TUKI” ™, – specifically designed to provide a safe, fun and educational Internet experience for kids only accessible through CEN’s TUKI Kid Safe Internet Browser, a software program that includes parental controls. Through its multiple cartoon themes that appeal to kids of various ages and gender, TUKI offers fun, educational content that inspires and motivates children in a positive manner. The software accelerates a child’s education and exploration of the Internet in an entertaining manner, while protecting them from online predators, pornography, hate, violence, drugs and inappropriate content on the Internet. Other companies and organizations can participate in protecting kids on the Internet, expand their brand to the desktop and build customer loyalty by co-branding or offering their own private labeled TUKI Internet browser built on CEN’s technology. Partnership information: Children’s Educational Network, http://www.ChildrensEducationalNetwork.com

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