GlobalNet Deploys Interoperability Solution That Will Facilitate Expansion To New Markets

Apr 17, 2001, 01:00 ET from GlobalNet, Inc.

    LOMBARD, Ill., April 17 /PRNewswire/ -- GlobalNet, Inc. (Nasdaq:   GBNE), a
 leading provider of international voice, data and Internet services over a
 private, managed Internet Protocol (IP) network, today announced that it is
 deploying a solution for connecting diverse IP networks that will facilitate
 expanding to new markets, provide increased flexibility in selecting
 affiliates and, ultimately, lead to lower costs.
     "We have developed and tested this interoperability under 'real world'
 conditions and are confident it will facilitate expanding to new countries and
 broadening our options in choosing the affiliates we connect to," said Daniel
 M. Wickersham, president of GlobalNet.
     "Changing from one type of network to another can cause deterioration in
 the quality and reliability of connections," Wickersham said. "Other carriers
 normally pass calls from one VoIP network to another through switching systems
 that require each network to utilize equipment from the same vendor.
 GlobalNet's ability to retain a call format as VoIP from end-to-end,
 regardless of the equipment used, will allow us to offer continuous quality
 service in new and expanding venues throughout the world."
 
     About GlobalNet
     GlobalNet, Inc. provides international voice, data and Internet services
 over a private IP network to international carriers and other communication
 service providers in the United States and Latin America. GlobalNet's state-
 of-the-art IP network, utilizing the convergence of voice and data networking,
 offers customers economical pricing, global reach and an intelligent platform
 that guarantees fast delivery of value-added services and applications. The
 company, through its facilities in the U.S. and Latin America and arrangements
 with affiliates worldwide, can carry traffic to more than 240 countries.
 
     Safe Harbor Statement
     Forward-looking statements and comments in this news release are made
 pursuant to the safe harbor provisions of the Securities and Exchange
 Commission Act of 1934.  Certain statements, which describe the Company's
 intentions, expectations or predictions, are forward-looking and are subject
 to important risks and uncertainties. The results or events predicted in these
 statements may differ materially from actual results or events. Factors which
 could cause results or events to differ from current expectations include,
 among other things: the impact of rapid technological and market change;
 general industry and market conditions and growth rates; international growth
 and global economic conditions, particularly in emerging markets and including
 interest rates and currency exchange rate fluctuations; and the impact of
 consolidation in the technology industry. These risks may further be discussed
 in periodic reports and registration statements to be filed by the company
 from time to time with the SEC.
 
 

SOURCE GlobalNet, Inc.
    LOMBARD, Ill., April 17 /PRNewswire/ -- GlobalNet, Inc. (Nasdaq:   GBNE), a
 leading provider of international voice, data and Internet services over a
 private, managed Internet Protocol (IP) network, today announced that it is
 deploying a solution for connecting diverse IP networks that will facilitate
 expanding to new markets, provide increased flexibility in selecting
 affiliates and, ultimately, lead to lower costs.
     "We have developed and tested this interoperability under 'real world'
 conditions and are confident it will facilitate expanding to new countries and
 broadening our options in choosing the affiliates we connect to," said Daniel
 M. Wickersham, president of GlobalNet.
     "Changing from one type of network to another can cause deterioration in
 the quality and reliability of connections," Wickersham said. "Other carriers
 normally pass calls from one VoIP network to another through switching systems
 that require each network to utilize equipment from the same vendor.
 GlobalNet's ability to retain a call format as VoIP from end-to-end,
 regardless of the equipment used, will allow us to offer continuous quality
 service in new and expanding venues throughout the world."
 
     About GlobalNet
     GlobalNet, Inc. provides international voice, data and Internet services
 over a private IP network to international carriers and other communication
 service providers in the United States and Latin America. GlobalNet's state-
 of-the-art IP network, utilizing the convergence of voice and data networking,
 offers customers economical pricing, global reach and an intelligent platform
 that guarantees fast delivery of value-added services and applications. The
 company, through its facilities in the U.S. and Latin America and arrangements
 with affiliates worldwide, can carry traffic to more than 240 countries.
 
     Safe Harbor Statement
     Forward-looking statements and comments in this news release are made
 pursuant to the safe harbor provisions of the Securities and Exchange
 Commission Act of 1934.  Certain statements, which describe the Company's
 intentions, expectations or predictions, are forward-looking and are subject
 to important risks and uncertainties. The results or events predicted in these
 statements may differ materially from actual results or events. Factors which
 could cause results or events to differ from current expectations include,
 among other things: the impact of rapid technological and market change;
 general industry and market conditions and growth rates; international growth
 and global economic conditions, particularly in emerging markets and including
 interest rates and currency exchange rate fluctuations; and the impact of
 consolidation in the technology industry. These risks may further be discussed
 in periodic reports and registration statements to be filed by the company
 from time to time with the SEC.
 
 SOURCE  GlobalNet, Inc.