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

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To: SCOOBEY-DO who wrote (588)10/18/2000 4:11:43 PM
From: SCOOBEY-DO  Read Replies (1) of 613
 
BentleyTel Smart-e-Card and Smart-e-Cash Machines to be Featured at The Discovery Expo in New York on October 23rd

The Smart-e-Card and Smart-e-Cash Machines Will be Showcased at The Discovery Expo 2000, Sponsored by Emerging Equities.com

NEWPORT BEACH, Calif., Oct. 18 /PRNewswire/ -- Global TeleMedia International, Inc. (OTC Bulletin Board: GTMI) announced that the BentleyTel.com multi-function Smart-e-Card(TM) and the Smart-e-Cash(TM) multi function ABM machine will be publicly showcased for the first time at the Discovery Expo 2000, in New York on October 23rd 2000. The Discovery Expo sponsored by Emerging Equities.com is principally for NASDAQ and AMEX companies. However, due to its advanced application for AMEX listing, GTMI was able to secure a booth at the show.

The Discovery Expo (http://www.w3otc.com/ee/expo/index.html) to be held at the Hilton Towers in New York, is a premier showcase for emerging companies and products. The last show in spring 2000 broke all records with over 1,200 attendees, 41% of which were broker dealers and 28% of which were fund managers, an excellent way to present GTMI to a broader level of investors.

President Jonathon Bentley-Stevens said, "We are very pleased to have such a prestigious show at which to showcase the Smart-e-Card(TM) and Smart-e-Cash(TM) machine for the first time. In mid-1999, GTMI, determined to lead the way in the development of card based e-commerce solutions, began developing the architecture of a multi-function worldwide access Smart-e-Card. The strategy was to not only develop a proprietary card but also to own, manage or control the networks and systems, which supported a proprietary card.

Smart-e-Cards to be accessible worldwide require IP and VoIP, conventional Telecommunications, Software development, transaction processing platforms and seamless connectivity from our networks to other major worldwide networks.

GTMI acquired BentleyTel.com and its subsidiaries and became an ISP/VoIP, Long Distance Carrier, financial and encryption software developer and transaction processor. With the recent formation of another subsidiary, Smart-e-Card Inc, (www.smart-e-card.net/new/) in a joint venture with Big Wheel Promotions, in Houston Texas, we now control the world wide marketing and distribution of the Smart-e-Cards(TM). This type of corporate structure makes it very difficult for competitors to duplicate, and this will keep GTMI ahead of the competition.

The Smart-e-Cash(TM) machines which will dispense the Smart-e-Card(TM) will be the first of its kind. Imagine being able to approach a machine and by inserting cash or personal check obtain a Smart-e-Card, then by swiping your Smart-e-Card(TM), cash a personal check, e-transfer funds world-wide, withdraw funds, purchase money orders, pay bills and re-value your card in real-time 24 hours a day 7 days a week. The Smart-e-Card(TM) and Smart-e-Cash(TM) machines bring e-commerce and electronic bill paying ability to almost 41 million non-banked or credit challenged Americans. Marketing has only been active for a few weeks and reactions to the Smart-e-Card(TM) and Smart-e-Cash(TM) machines combination from small business and convenience stores has been phenomenal.

The machine and card combination has world-wide applications and we are exploring networking regional banks in the USA, Australia and the Philippines through the Smart-e-Cash(TM) machines. GTMI's foundation is now built on solid infrastructure, networks and products that have long productivity cycles. Our software division is aggressively developing the world-wide connectivity of the Smart-e-Card for unified Messaging and personal/medical information availability for our next generation Global Connexion Card. GTMI is committed in leading the way and acquiring global revenues and lasting world-wide market share."

Contact : Tim Garlin, PrimeVest.net 1-866-774-6468.

Global TeleMedia International, Inc., located in Newport Beach, California, and Atlanta, Georgia, 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, 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 manufacturing and, 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.

SOURCE Global TeleMedia International, Inc.

/CONTACT: Tim Garlin of PrimeVest.net, 1-866-774-6468, for Global TeleMedia/

/Web site: smart-e-card.net
/Web site: w3otc.com
/Web site: bentleytel.com
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