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

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To: SCOOBEY-DO who wrote (560)8/4/2000 3:07:22 PM
From: SCOOBEY-DO   of 613
 
Global TeleMedia International's Product Roll Out Gets A Lot of Wall Street Media Attention

Global Telemedia International Announced That It Has Received Over One Hundred E-Mail Requests for Product Information and Beta Test Participation Requests, Including Two Wall Street Companies Who Approached the Company for Interviews On Product Information and Corporate Strategy

NEWPORT BEACH, Calif., Aug. 4 /PRNewswire/ -- Global TeleMedia International (OTC Bulletin Board: GTMI) (www.GTMI.com) announced today that since announcing its new products will roll out this quarter, the company has received over one hundred e-mail requests for product information and beta testing participation from individuals, software engineers, ISP's, network providers and Multi-national corporations.

President /CEO Jonathon Bentley-Stevens said, "We are very pleased at the response our products are getting from the market place. We have been approached by several "fortune 100" companies with requests for beta participation, distribution or further information.

We are in fact working with some other companies and are in preliminary stages of numerous agreements involving , MessagePilot, Smart-e-Card, national and international VoIP and VPN.

Some of these companies have significant market share already and we are discussing co marketing, distribution or strategic alliances in Australia and the USA. Other companies offer locations for direct sales or well-established and active client bases. We will be following up on all requests and will of course make the appropriate announcements as soon as definitive documentation has been completed.

In the last month newspapers, tech magazines and national television programs have scheduled interviews and articles, and two New York investment advisory companies have already recorded interviews. CEO News Cast recorded an interview on the July 27th which can be viewed on www.ceocast.com and we were informed that over 2,000 people have already accessed the site to hear the interview. Finance Web Site.com, www.financewebsite.com, recorded an interview on August 3, 2000. With the product launch so close we have put on additional staff and are recruiting some additional key executives with experience in International roll-out of product distribution and marketing. The new executives will give us an edge in key market sectors and with their understanding of the international technology arena."

The company is now contacting many of the individuals and corporations who asked to participate in the product beta test and roll out and is preparing a short list which will encompass the majority of e-mail and electronic information mediums. Persons who have contacted the company are asked to re-submit their interest and include their type of e-mail provider or messaging medium in order that our engineers prepare the beta test across the majority of platforms.

Global TeleMedia International, Inc., www.GTMI.com, located in Newport Beach, California, through its BentleyTel.com subsidiary, (www.bentleytel.com) is a leading developer of interactive software for complex E-commerce solutions, multi-media and high speed Internet and wireless communication systems, Voice over IP, LAN VPN (Virtual Private Network), ISP, Virtual ISP, GTMI also owns manufacturing, telecom, ISP, and software development facilities in the USA, 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.

SOURCE Global TeleMedia International, Inc.

/CONTACT: Tim Garlin of OTCBBStockwatch.com, 877-788-1940,
info@otcbbstockwatch.com, for Global TeleMedia International, Inc./

/Web site: ceocast.com
/Web site: financewebsite.com
/Web site: bentleyhousegroup.com
/Web site: gtmi.com
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