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Technology Stocks : EGLO Executive Telecard

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To: rrufff who wrote (296)7/25/2000 4:05:23 PM
From: Howard C.  Read Replies (1) of 300
 
eGlobe Announces European Wireless Alliance

- eGlobe Vogo Services to be Bundled With MyAlert.com Wireless Platform -

WASHINGTON, July 25 /PRNewswire/ -- eGlobe, Inc. (Nasdaq: EGLO - news), a leading global provider of enhanced Internet services for the world's telephone
companies and ISPs, today announced that it has entered into an alliance with MyAlert.com (http://www.myalert.com), a leading European provider of enhanced
services to mobile telephone users. In the first phase of the alliance, eGlobe will provide its Vogo unified messaging and telephone portal services to MyAlert.com
customers.

As integrated with the MyAlert.com platform, eGlobe's Vogo services will permit wireless users to access email and other net and web content over their mobile
phones -- using voice for both access and response -- in five key languages: Spanish, French, Italian, German and English. eGlobe's Vogo capabilities will be offered
to both European mobile phone operators who use MyAlert's ASP services as well as to individual customers who use the services direct through the MyAlert.com
portal.

Service is expected to begin in the fall of 2000 to the more than 500,000 registered users of the MyAlert.com platform in Spain, Italy, France and Germany. eGlobe
and MyAlert.com will share the revenues and profits from the services, which will be priced on a usage basis with minimums, similar to many mobile services. The
ASP application will be available later in 2000.

``Nowhere is the bridge between the Internet and the telephone more important than in the wireless world,'' commented eGlobe CEO Christopher Vizas. ``While
direct data services such as WAP are vital developments, voice access which doesn't require the user to scroll through a screen is at least as important. We are
delighted by this alliance with MyAlert.com and the opportunity to extend our Vogo services to wireless users across Europe.''

``Vogo provides MyAlert.com with an important new service for our customers,'' said Jorge Mata, CEO of MyAlert.com. ``The ability to have the platform read
your email to you and then respond by voice will be invaluable; in the long run, the ability to access any net and web content by mobile phone may prove vital to the
development of mobile commerce.''

About MyAlert.com

MyAlert.com, headquartered in Madrid, Spain, is an application service provider and operates a portal to provide enhanced services to mobile telephone users
across Europe. The MyAlert.com platform allows users to receive a variety of services and to participate in mobile commerce. MyAlert.com, a private company,
includes BroadVision, Brokat, Nomura Securities, 3I, Europe Press, Banco Bilbao and Banco Santander among its investors and has established strong technical
alliances with Hewlett Packard, Broadvision and Brokat.

About eGlobe

eGlobe is a leading global provider of enhanced Internet services for the world's telephone companies and Internet Service Providers. eGlobe's services include:
Voice over IP, telephone-based portal, unified messaging services and customer support. eGlobe originates traffic in more than 100 territories and countries and
terminates anywhere in the world. eGlobe provides its services principally to large national telephone companies, to ISPs and portals.

Certain statements in this news release are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve
known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from
the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include,
among others, the ability of the Company to attract additional business, the ability of the Company to successfully integrate acquisitions and mergers, complete
software development and offer new products, changes in expectations regarding restructurings, including tax liabilities and reductions in cost, possible changes in
collections of accounts receivable, risks of competition, price and margin trends, changes in worldwide general economic conditions, changes in interest rates,
currency rates and worldwide competition.
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