Global eTelecom

NEWS RELEASE


December, 2000

For Immediate Distribution

Global eTelecom and CrossCheck, Inc. Announce Lower Conversion Costs, Free Online Access As Highlights of Enhanced Program

Rohnert Park, CA - Global eTelecom and CrossCheck, Inc. announced lower transaction fees as part of new enhancements made to the conversion program available exclusively from the two payment services companies. In addition, this conversion program, featuring guarantee services from CrossCheck, Inc., now offers free online 24/7 web access, a savings of thirty-five dollars.

Global eTelecom, a nationwide electronic check conversion and verification provider, offers check conversion with and without imaging and is compatible with a wide range of POS terminals including the IVI CheckMate eN -Check 3000tm , VeriFone Tranz 330, 380, 380x2, and 460, Nurit 2085, 2085+, and Dassault Talento (with Magtek Reader). For imaging, Global eTelecom works with the Dassault Talento with a RDM scanner.

"This new joint program responds to the needs of our ISO's, and provides them with the best offering of the hottest product in the marketplace today, backed by the two best companies in the industry Global eTelecom and CrossCheck." stated Michael J. Smith, Executive Vice President of Global eTelecom.

"The Global program just keeps getting better and better. The transaction costs are very competitive and the equipment compatibility is the best out there," added Michelle Schmitz, Vice President of Partner Relations at CrossCheck, Inc. The new features combined with our guarantee make this a strong conversion package.

In addition, for a limited time, Global eTelecom and CrossCheck, Inc. are offering sales representatives reduced application fees and lucrative sign-up bonuses for conversion accounts. Interested agents should contact CrossCheck at (800) 654-2365 for details.

Global eTelecom, Inc. is headquartered in Destin, Florida and provides state-of-the art electronic check processing capabilities to thousands of merchants and processing partners throughout the United States. More information about Global eTelecom can be found at their web site: www.globaletelecom.com or by calling (800) 650-8506.

CrossCheck, Inc., is a multinational information services company specializing in predicting, scoring and guaranteeing human behavior in the payment tendering and purchase decisioning processes. Founded in 1983, CrossCheck provides payment guarantee solutions to over 55,000 merchant outlets across the country and handled more than $6.5 billion in guaranteed transactions in 1999. CrossCheck is known for industry firsts and cutting-edge-technology in the point-of-sale financial services marketplace. For more information, call CrossCheck, Inc. at (800) 654-2365 or visit their web-site at www.cross-check.com.