Global (GMPC) Holdings Inc.

Global (GMPC) Holdings Inc.

July 27, 2005 09:30 ET

Global Holdings Announces that its Investee Company, KidsFutures Inc., has Completed a $4.2 million Equity Financing

TORONTO, ONTARIO--(CCNMatthews - July 27, 2005) - Global (GMPC) Holdings Inc. ("Global") (TSX VENTURE:GGH.SV.B) is pleased to announce that its investee company, KidsFutures Inc. ("KidsFutures"), has completed a $4.2 million equity financing. Launched in October, 2003, KidsFutures is a national financial services and consumer loyalty program that monetizes rewards into dollars that flow into families educational savings accounts. KidsFutures' channel partners include MasterCard, Johnson & Johnson, Sprint Canada, Best Western, Sony and Kodak. The funds from this equity financing are to be used for general working capital purposes.

In March of 2005, Global provided an 8 month, $500,000 bridge loan to KidsFutures Inc. Global has since then extended the maturity date on the bridge loan to December 31, 2005.

About KidsFutures Inc.

KidsFutures is a Canadian-owned and operated company dedicated to helping families pay for their children's college or university costs. The Company has established a unique and innovative consumer rewards program that makes it easy for parents, relatives and friends to save for a child's post-secondary education. KidsFutures Members generate KidsFutures Rewards (at par value of one Canadian dollar) eligible to be deposited into a tax sheltered Registered Education Savings Plan (RESP) simply by making everyday purchases of goods and services from KidsFutures Partners. Members can track and manage their account on-line or over the phone.

About Global

Global is a merchant bank, which provides bridge loan services (asset back/collateralized financing), to companies across many industries such as oil & gas, mining, real estate, manufacturing, retail, financial services, technology and biotechnology.

"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

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