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Microcap & Penny Stocks : GOLX - Scam or the next Yahoo?

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To: Pink Minion who started this subject11/4/2000 1:23:50 AM
From: Pink Minion   of 22
 
biz.yahoo.com

Friday November 3, 8:59 am Eastern Time

Press Release

Global Online India Announces
New Director

FAIRFIELD, Iowa--(BUSINESS WIRE)--Nov. 3, 2000--Global Online India's Board of
Directors is pleased to announce the appointment of Mr. Bill Gruzynski to its Board of
Directors. Mr. Gruzynski brings to the company many years of experience working in the
financial and commodity exchange sectors.

Dr. Christopher W. Hartnett, Chairman and Founder of Global Online India stated: ``With his
experience in the financial sector and on the Chicago Mercantile Exchange, Mr. Gruzynski
brings a wealth of hands-on experience and knowledge to Global Online India. As we develop
our online exchanges and e-commerce offerings, Mr. Gruzynski's guidance and advice will be
invaluable.''

Mr. Gruzynski is the Chairman and Founder of the Emerald Group of Companies (EGC) which
include Emerald Market Systems, Inc., a company delivering technological innovations for the
financial industry, and Emerald Asset Management, Ltd., which concentrates on alternative
investment solutions including hedge funds and managed futures programs.

Mr. Gruzynski is also a senior partner with Hillcrest Partners, a commodity futures and options
consulting firm, through which he has advised Asian and European banking interests.

Global Online India's international meta-hub at ``www.GOLIndia.com'' provides an impressive
range of business services including: online forms for Indian taxation, customs, and
import/export businesses; rail and air tickets; insurance and credit card applications; and Web
stock trading analysis. Services for end-users include: news, auctions, classifieds and jobs.

Global Online India, is affiliated with Global Online, Inc., a wholly owned subsidiary of USA
Global Link. Visit Global Online's global gateway to international life and world trade at
www.GlobalOnline.com.

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.

Global Online India is trading on the NASDAQ OTCBB under the symbol: ``GOLX''.
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