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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI

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To: SCOOBEY-DO who wrote (532)3/22/2000 7:34:00 AM
From: SCOOBEY-DO  Read Replies (1) of 613
 
Global TeleMedia Appoints Former NORTEL VP of Intelligent Networks as Senior VP of Marketing for Global TeleMedia International Subsidiary BentleyTel.com

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 21, 2000--

Background Includes Extensive Experience
In Domestic And International Roll-Out of New
Products In Related Areas Of Technology

Global TeleMedia International, Inc. (OTC: BB: GTMI) ("GTMI") announced today that Annette D. Gieseman, former Vice President of NORTEL's Intelligent Networks, has accepted an appointment as Senior Vice President of Marketing for BentleyTel.com. As Vice President of NORTEL's global IN product group which provided products to both the wireless and wireline market segments, Ms. Gieseman was responsible for marketing, global P&L management, strategic planning, annual operating plan, revenue and earnings forecasts, R&D funding, alliances and partnerships, and marketing communications.

John Walsh, COO of BentleyTel.com, said, "We are very excited at having Annette join our team. She has the skills which are a blueprint of our requirements for this years roll-out and international distribution of new products. Annette's extensive background in domestic and international marketing coupled with an engineering background in network services planning and implementation is just the type of experience we need to guide the Company during this exciting time of BetaTest and new product releases."

Chief Technical Officer Ken Heffner said, "A successful company must have a great core team and I was happy to bring in Annette and her many years of experience. We are at the product roll-out stage which will include financial and market planning and basically defining the go-to-market strategies for the international penetration of BentleyTel.com products such as the 'Smart-E-Card', MessagePilot(TM) and MusicFormula.com products, services and distribution. The experience Annette has in these key areas will ensure a more mature approach and should result in accelerated income not normally associated with new products. It always helps to have some one that has been in that arena before and much more with an industry leader like NORTEL."

Annette was also Vice President of Switched Services Line of Business and Engineering TelePort Communications Group, and New York-based Competitive Local Exchange Carrier.

COO of BentleyTel.com John Walsh said, "BentleyTel welcomes another member of the NORTEL family. Annette's experience in international marketing and her strategic planning capability is exactly what we need to plan the global proliferation of our Proprietary "Smart-E-Card" and MessagePilot(TM). Our products are in the final stages of development and with Ken Heffner and Annette Gieseman on our team we can confidently move into the worldwide product distribution arena and be confident in our roll out plans.

Annette's experience in ensuring cost effectiveness and international financial and market planning and reporting will be a major boost in ensuring that we achieve our marketing targets."

President of Global TeleMedia International Jonathon Bentley-Stevens said, "I am very pleased with the appointment of Annette to our team. We have a very ambitious plan to roll our e-commerce and web hosted products globally and financial coordination between international divisions is key to producing an attractive bottom line. I have always believed that - - not the revenue but the retained earnings - - grow a company in the long term. With Annette's experience we can look forward to an outstanding future for Global TeleMedia International, BentleyTel.com, its new international members and clients as well as GTMI shareholders."

Annette Gieseman said, "I am pleased to have this opportunity to bring my years of experience to the BentleyTel team. This is an exciting company which is positioned to be an international leader in next generation networks and e-commerce products and solutions."

Global TeleMedia International, Inc., located in Newport Beach, California, also has manufacturing facilities in The Philippines. GTMI through its BentleyTel.com subsidiary, is a leading developer of interactive software for complex E-commerce solutions, multi-media and high speed, Internet and wireless communication systems, including international & long distance Voice over IP, LAN VPN (Virtual Private Network), ISP, Virtual ISP, and PC-PC, PC-Phone transmission of data and voice. It also owns telecom, ISP and software development facilities in Australia, Malaysia and the Philippines.

This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in Global TeleMedia's filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.

This release and prior releases are available on the KCSA Public Relations Worldwide Web site at www.kcsa.com.

CONTACT: KCSA Worldwide, New York
Robert Giordano, 212/896-1289
rgiordano@kcsa.com
or Daniel Stepanek, 212/896-1202
dstepanek@kcsa.com
www.kcsa.com
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