Wednesday January 10, 10:03 am Eastern Time
Press Release
Global Network Reports 4th Quarter Update
NEW YORK--(BUSINESS WIRE)--Jan. 10, 2001--Global Network Incorporated (OTCBB:GNNU - news) the first online
geo-targeted newspaper advertising network servicing the needs of national advertisers and local newspapers, announced today an update on milestones achieved
during the 4th quarter of its fiscal year 2000.
Significant milestones included the implementation of a national holiday campaign for a new client, an increase in interest from major offline and online advertisers,
and the addition of a new board member, Mr. David Altschiller a veteran advertising executive at Hill, Holliday, a division of the Interpublic Group of Companies
(NYSE:IPG - news).
Global Network provided MeetSomeone.com, an online personals service, with a national campaign that was the most successful in MeetSomeone's operating
history, adding 1,000 new members to the site's roster. Global Network's GNI System was able to place this complex national geo-targeted campaign in less than
an hour, as compared to the weeks it would have taken a traditional media buyer. Global Network was chosen for the project as a result of the Company's ability to
implement the campaign expeditiously.
Experiencing growing interest in its proprietary services, Global Network reported that it currently has over 70 Requests for Proposals (RFPs) with leading
advertisers such as Coca-Cola, Verizon, CIT, and Japan Air.
``We are pleased with the level of interest we have received from potential advertisers. Each ad campaign we implement allows us to showcase our unique services
and our proprietary technology to a broader range of potential clients. Moreover, as we see continued shake out in the dot-com advertising sector, we are pleased
that a majority of our RFPs are from traditional offline businesses that have long operating histories,'' commented Mr. Jim Mason, President and CEO of Global
Network.
About Global Network Inc.
Global Network is an Internet marketing company with a business-to-business plan for servicing and supporting the Internet businesses of newspaper publishers.
Global Network utilizes proprietary software solutions for implementing complex online advertising campaigns and for generating real-time verification of customer
results. For more information, please refer to the Company's recent 10K and 10Qs filed with the Securities and Exchange Commission, or visit Global Network's
website at www.dgonn.com or www.globalnetworksonline.com or by contacting Dilek Mir, Vision Corp. Consulting, at 310/479-6620 or gnnu@visioncc.net. |
