SOURCE: Global Triad, Inc.

June 08, 2005 08:00 ET

Global Triad, Inc. Enters Into Agreement to Purchase the Assets of JBE Technology, Inc.

Combined Networks Will Expand Global WiFi Plus's Services in South Florida

FORT LAUDERDALE, FL -- (MARKET WIRE) -- June 8, 2005 -- GLOBAL TRIAD, INC. (OTC: GTRD), traded on the Over the Counter Pink Sheets, announced today that it has entered into a Letter of Commitment to purchase the assets of JBE Technology, Inc. of Hollywood, Florida, for an undisclosed sum in stock. JBE will be folded into Global WiFi Plus, Inc., a wholly owned subsidiary of Global Triad.

JBE provides network consulting services and business solutions to help companies build, optimize, secure, and manage their complex network infrastructures. Their end-to-end network consulting solutions address the needs of business and government clients with Next Generation Networking, Security, Voice Solutions, and Network & Operations Management. Some of their services include: Wireless (WiFi) Solutions, Tenant Building Internet Solutions, Wide Area Network (WAN) Design, Implementation, and Support, Voice Over IP implementation, and many other network and electronic surveillance and support activities. JBE also has a fully deployed WiMAX network with coverage in the Hollywood, Florida, area.

Mr. Anthony Mellone, Executive Vice President of Global Triad, stated, "The purchase of JBE is a real boost for Global in terms of network space as well as personnel. JBE offers some great talent to our team and we at Global are looking forward to working with them in making our Company a true communications force."

"Our joining Global is an important step-forward for JBE to provide our home region with the best wireless and networking integration services we can. By joining our Hollywood network to the Global network we truly have a seamless opportunity from Delray Beach to Aventura," said Mr. Ernie Del Sol, Principal at JBE Technology, Inc.

About Global WiFi Plus, Inc.

Global WiFi Plus, Inc. is a full service Internet access provider specializing in 802.11 high-speed wireless Internet activation of entire cities through its "Packet Hoping" mobile mesh network that provides a seamless peer-to-peer connectivity service from hot-spot to hot-spot and is compatible with all participating WiFi hot-spot technologies and will be backwards compatible with the upcoming 802.16 WiMax technology standard.

About Global Triad

Global Triad Incorporated (GTI), trading on the Over The Counter Pink Sheets under the symbol GTRD, is a holding company with its headquarters in Ft. Lauderdale, Florida. It is the Company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates three subsidiaries, Global TV, Inc. (GTV), Global WiFi Plus, Inc. (GWP), and Global Telco, Inc., all Florida Corporations. The primary business of GTV is the aggregation and delivery of a wholesale, end-to-end wireless digital communications system and TV Production utilizing both Internet Protocols (IP) and proprietary digital devices. The primary business of GWP is the installation, operations, and customer support of Global's next generation 802.11 "WiFi Plus" wireless high-speed broadband technology. The primary business of Global Telco, Inc. is to manage the sales, marketing, and support of GTI's telecommunications and VoIP products. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video-On-Demand (VOD). Both the Internet and VOD will be accessible through the consumer's television. The VOD content will appear at 30 frames-per-second, the industry standard for television.

Safe Harbor

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Global Triad, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Global Triad and Global TV, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.

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