Global eTelecom

NEWS RELEASE


March 20, 2003

For Immediate Distribution

Global eTelecom Appoints Christopher W. Brundage As Senior Vice President

Destin, Florida Global eTelecom, the national leader in Electronic Check Conversion (ECC) industry, announced today the appointment of Christopher W. Brundage as Senior Vice President by the corporation's Board of Directors, after serving as the corporation's Vice President of Sales & Marketing.

Brundage is a tremendous asset to our corporation, and I am very pleased to announce this promotion. Chris has exemplified the dedication, commitment to service and desire for excellence that have become synonymous with our company throughout the industry. We look forward to his further growth with our company,” states John H. Beebe, Chairman & Chief Executive Officer of Global eTelecom.

Brundage brought his extensive Bankcard industry experience to the Global eTelecom team when originally hired as Director of Sales in 2001. He worked diligently to advanced the company’s presence in the electronic payment processing industry, greatly expanded the company’s merchant base and was subsequently promoted to Vice President of Sales & Marketing at the beginning of 2002.

“Checks remain the most preferred method of payment for consumers and Global eTelecom has the best electronic solutions for this payment method.I am fortunate to work alongside the finest support staff and management team in the industry and feel privileged to serve as Senior Vice President.I will continue my passion for growing Global eTelecom’s presence in the electronics payments industry,” says Chris Brundage, Senior Vice President.

About Global eTelecom, Inc.:

Global eTelecom owns the first technology for processing checks electronically at the Point of Purchase through the National Automated Clearing House Association (NACHA). Global eTelecom is an active member of NACHA’s Electronic Check Council. Global eTelecom’s proprietary Electronic Check Services include: Electronic Check Conversion (Point-of-Purchase), Electronic Mail Order / Telephone Order Checks, Encrypted Electronic Internet Checks, Lockbox Conversion (ARC), Electronic Recurring Debit, Electronic Represented Check Collection (RCK), Wireless Encrypted Infrared Checks, Electronic Check Image Capture, and Secure Web Based Check Image Retrieval. Global eTelecom’s electronic check services are licensed under U.S. Patents: 5,484,988; 6,164,528; 6,283,366; and 6,354,491. More information on Global eTelecom can be found on the company’s website at www.globaletelecom.com

Contact:
Global eTelecom
John H. Beebe
Chairman & Chief Executive Officer
Phone: (850) 650-8506
Email: john@globaletelecom.com