SOURCE: Global Access Holdings, LLC

November 13, 2008 13:43 ET

Global Access Holdings Reaffirms Closing Acquisition of ZATS Trading Platform

NEW YORK, NY--(Marketwire - November 13, 2008) - Global Access Holdings, LLC (GAH), an emerging provider of financial media and analytics announced today that it reaffirms the closing of the asset purchase agreement with Zealous Capital Markets, LLC as previously announced by Adult Entertainment Capital on October 21, 2008.

Reports or claims from any source including those made by management of Adult or Zealous Capital Markets, that the transaction had been cancelled are false and possibly actionable. Pursuant to the agreement GAH acquired all right, title and interest in the Zealous Alternative Trading System from Zealous Capital Markets, LLC. GAH has commenced commercializing the platform technology which it markets under the Global Access Trading Engine (GATE)™ trade name and is extremely optimistic about the prospects for the technology.

Vince Molinari, CEO of GAH stated, "I am disappointed by the turn of events with the management of Zealous, and the press release issued yesterday by Adult Entertainment Capital is completely at odds with the closed transaction." Molinari continues, "Regardless of these false statements, GAH maintains and reserves all rights and remedies available to it under the law, and we are continuing our aggressive improvement and deployment of the GATE solution."

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