SOURCE: Global Networks Corp.

January 10, 2008 12:47 ET

Global Networks Corp. Appoints Casino and Sports Betting Product Guru as Director

LAS VEGAS, NV--(Marketwire - January 10, 2008) - Global Networks Corp. (PINKSHEETS: GBNW) is pleased to announce that Michael Brooks has been named Director of Product Development and will join its Board of Directors. Mr. Brooks comes to the company with an extensive background in the casino gaming industry.

"We are pleased to announce that Mr. Brooks has decided to join the company and its Board of Directors," stated Shawn Balaghi the company's President. He goes on, "Michael adds many years of gaming and gaming product experience along with the unique ability to marry the goals of bricks and mortar casino operations with the advances of new technology. He will be a key component in building our growing stable of gaming products and will be a valuable asset in defining the next generation of casino management and electronic gaming systems for our entire industry. His extensive background and expertise in both casino operations and in casino gaming product development is a combination that is almost impossible to find. We are very lucky to have him join our growing team of experts. I hope the investment community sees this as a sign that our ability to attract such management talent is a reaffirmation of our business plan to become a major provider to the casino industry."

Server-based gaming technology is expected to rapidly replace existing gaming machines and kiosks as casinos rush to make their casino floors more profitable by marrying client/server technology to their traditional business model. The industry is on the cusp of technology change with billions of dollars at stake for companies supplying such technology and equipment. Players in the future will be able to access personal menus and any number of games from gaming machines linked to a casino's central server. Casino owners will be able to customize and model offers, preferences and profiles on their patrons delivering a more profitable customer relationship for the industry and a more rewarding gaming experience for their patrons.

The company plans an aggressive leap forward in technology advances over the coming months with the ultimate goal of developing the Holy Grail of gaming operating systems for land-based casinos that will add to the companies existing product line and establish the company as the leading provider in this new technology sector.

About Michael Brooks

Michael brooks is the Director of Product Development for Global Networks Corp. where he adds extensive expertise in both casino gaming operations as well as in game creation and gaming software development.

Michael Brooks has had an extensive 11-year background in casino gaming operations culminating with a 7-year career with MGM Mirage Casino Resorts. In his role at MGM he has dealt, supervised, taught and devised procedures for some of the highest stakes table games in the world. In 2005, Mr. Brooks was recruited by GDI Software Services where his objective was to bring domain knowledge to the development of new products. Through successive promotions, he became Director of Product Development in 2007. During his tenure at GDI he was responsible for developing and devising all server-based gaming products for the company's electronic media and arts division.

Before entering the casino industry, Mr. Brooks started professional life in the field of media relations and journalism where he developed an early career as a broadcast news and sports writer/commentator. He holds a Bachelor of Science Degree from the University of Colorado at Boulder.

About Global Networks Corp.

Global Networks Corp. (PINKSHEETS: GBNW) is an industry leader in server-based gaming software and kiosk products for the global casino industry. The company's proprietary state-of-the-art technology allows operators the ability to better manage and deploy multi game terminals and other gaming hardware with significantly greater ease and speed. The result is not only increased revenue throughout the traditional casino or betting parlor floor, but also the ability to deploy a "Casino in a box" concept to a much wider array of venues. This emerging growth technology, now being implemented throughout the world, allows for real-time CRM (customer relationship management), customized deployment programs for a large number of popular casino games, and allows operators to capitalize on an expanded base of marketing options. The end result is increased profitability on a, per square foot basis for casino operators, and a better gaming experience for their patrons.

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The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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