SOURCE: Globex, Inc.

January 11, 2007 11:18 ET

Globex, Inc. Announces Take-Over Bids From International Organizations

NEW YORK, NY -- (MARKET WIRE) -- January 11, 2007 --Globex, Inc. (PINKSHEETS: GLXI) today announced that it has received several take-over offers from international organizations. The organizations have proposed to acquire all the outstanding common shares of Globex via a friendly take-over bid. The offer price per share is well above Globex's current price per share. Globex's Board of Directors will thoroughly review all of the offers this month and decide which of them, if any, is in the best interests of shareholders. Further details will be disclosed upon the signing of a potential take-over support agreement.

For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy@sympatico.ca.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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