To: Katie Kommando who wrote (28739 ) 2/17/2000 4:28:00 PM From: Katie Kommando Respond to of 150070
GNNU news: Thursday February 17, 2:51 pm Eastern Time Company Press Release Global Network Inc. Announces Filing Patent Application for Software NEW YORK--(BUSINESS WIRE)--February 17, 2000--Global Network Inc. (OTCBB: GNNU - news) filed for a patent for its proprietary software and currently has U.S. Patent Pending Status. The System (``the GNI System') consists of proprietary software which is unique in its ability to purchase specific URLs on multiple newspaper websites. Our system has received a good reception from national advertisers and their advertising agencies due to its ability to facilitate the purchasing process with a turnkey one order/one audit/one bill method said Jim Mason, President, CEO of Global Networks. Currently 27 advertisers have requested formal proposals and the company is optimistic regarding its ability to convert these ``RFPs' into ad contracts. About the Company Global Network, Inc. is an internet marketing company similar to ADForce & Flycast (recently acquired by CMGI) with a ``B2B' plan dealing strictly with newspaper websites. For more information, go to GNNU's web site at dgonn.com or globalnetworksonline.com . Statements in this press release other than statements of historical fact including statements regarding the company's plans, beliefs and estimates as to projected market size are ``forward-looking statements.' Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements. Contact: Global Network, Inc. James C. Mason President Tel: (212) 605-0431 E-mail: jcmason@dgonn.com