Business Editors
 
FAIRFIELD, Iowa--July 17, 2000--ENG Enterprises, Inc., (Nasdaq: ENEI) gained
522.22% today during its first day of trading since its merger last Friday, with
GlobalOnlineIndia.com (http://www.GlobalOnlineIndia.com) registered as GOL
India.com, Inc. Dr. Christopher Hartnett, Chairman of GlobalOnlineIndia.com said
"this gain represents the largest first day gain for an Indian internet stock
listed on a US stock exchange." ENG Enterprises will apply for a name change to
"GlobalOnlineIndia.com, Inc." and symbol change as a result of this merger. Dr.
Hartnett further pointed out "the new ENG Enterprises board of directors has
also voted a 200% stock dividend to be issued, which will bring the total
outstanding shares to 50,004,275."
 
GlobalOnlineIndia.com is competing with Satyam Infoway (Nasdaq: SIFY) and
Rediff.com India Limited (Nasdaq: REDF) with its GlobalOnlineIndia.com Portal
operating the Indian meta-hub "www.GlobalOnlineIndia.com", which is Global
Online's Indian e-commerce hub providing online services to the 25.0 million
Indian expatriate population around the world in the following categories: news,
chat, Bollywood, e-greetings, tickets, sports, stocks, auctions, classifieds,
yellow and white pages, and jobs.
 
GlobalOnlineIndia.com was established to provide e-commerce services and
e-business solutions to consumers and business in India and around the world
through its fully-owned subsidiary, GOL India Portal Private Limited, a New
Delhi company, and will provide Internet access and web hosting services to
residential and business customers through a 49% ownership of GOL India Internet
Services Provider Private Limited ("GOL ISP"), a New Delhi company doing
business as of March 12, 1998.
 
GOL India ISP received, on June 7, 1999, a "Category A" national ISP license
issued by the Government of India. This license authorizes Global Online India,
when fully operational, to provide Internet access services through 108
points-of-presence located in every major city of India. GOL ISP also signed on
October 24, 1999 a memorandum of understanding with Uttar Pradesh Development
Systems Corporation Limited (UPDESCO). This government-owned corporation serves
the state of Uttar Pradesh, the largest of 29 states in India, with a population
of approximately 170.0 million.
 
Global Online India is affiliated with Global Online, Inc. (GOL), an
international meta-hub portal at "www.GlobalOnline.com
<http://www.GlobalOnline.com>". GOL is the global gateway to international life
and world trade providing services through its 5,680 web sites. Global Online
Inc. is a wholly owned subsidiary of USA Global Link a privately held Delaware
corporation.
 
This press release contains forward-looking statements that are subject to risks
and uncertainties. Any statements that are not statements of historical fact
(including without limitation statements to the effect that the Company or its
management "believes," "expects," "anticipates," "plans" and similar
expressions) should be considered forward-looking statements. Factors that could
cause actual results to differ materially from these forward-looking statements
include, but are not limited to, uncertainties related to demand for the
company's services; costs of operation; changes in laws or regulations or in
their interpretation; technological changes; economic conditions and other risks
described from time to time in the Company's filings with the Securities and
Exchange Commission.
 
The trading symbol for ENG Enterprises, Inc., on the Nasdaq OTC is ENEI
 
 
 CONTACT:          ENG Enterprises, Inc.
                   Dr. Lee Fergusson
                   President and COO
                   Tel. 1-515-472-1550
                   lfergusson@usagl.com