SOURCE: Global Entertainment Holdings/Equities Inc.

March 01, 2007 09:45 ET

Global Entertainment Holdings/Equities Inc. Announces Projected Revenues

About Global:

MIAMI, FL -- (MARKET WIRE) -- March 1, 2007 -- Global Entertainment Holdings/Equities Inc. ("Global" or the "Company") (OTCBB: GAMT) (FRANKFURT: G8E1), a publicly traded, vertically integrated media company and independent producer and distribution of motion picture, video and television entertainment. Market Cap 71.7 Million

              2007            2008            2009             2010
Revenues   $4,464,184     $43,899,236      $85,742,707     $113,317,561
Projected Revenues from the Proxy Statement of September 1, 2006 filed with the Securities Exchange. Please visit our web site at www.globalentertainmentco.com

Safe Harbor Statement

This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. These forward-looking statements which may include statements regarding our future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses, future operating margins and other future or expected performance, are subject to the following risks: the acquisition of businesses or the launch of new lines of business, which could increase operating expenses and dilute operating margins; the inability to license or distribute our film library competition; and to the general risks associated with our businesses.

In addition to the risks and uncertainties discussed above you can find additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements in the reports that we have filed with the Securities and Exchange Commission. The forward-looking statements contained in this press release represent our judgment as of the date of this release and you should not unduly rely on such statements. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in the filing may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statement.

      Market Cap: 71.7 Million    Outstanding Shares: 199,254,167
           Outstanding Shares 144: 195,441,008 restricted
              Lockup Agreement 12 months:  1,091,640
           Public Float approximately 1,500,000 free trading
Global Entertainment Holdings/Equities. Inc., Miami

For further financial information, please visit www.sec.gov, www.otcbb.com or Frankfurt: www.deutsche-boerse.com

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