Global eTelecom

PRESS RELEASE


August 28, 2003

For Immediate Distribution

Global eTelecom Appoints James Ronald Williams as Chief Operating Officer

Destin, Florida - Global eTelecom, the national leader in Electronic Check Conversion (ECC) industry, announced today the appointment of James Ronald “Ron” Williams as the corporation’s new Chief Operating Officer (COO), succeeding Edward Villarreal. Ron Williams, who also serves as the corporation’s President, will continue to serve as President and Director in addition to his new responsibilities as Chief Operating Officer.

“I am pleased to announce Ron Williams as our new Chief Operating Officer. Ron’s contributions since joining our company have been instrumental in our continued success and rapid growth,” says John H. Beebe, Chairman & Chief Executive Officer of Global eTelecom. Adds Beebe, “Ron is an integral component of our ongoing success, and with him already being actively involved with me in the refinement of our daily operations to maintain regulatory compliance and better serve our customers in our rapidly evolving industry, it made natural sense to have him oversee the daily operations to continue the path we have chosen which allows us to not only meet but excel at servicing and caring for the needs of all our customers”.

“It has been my privilege serving all of the employees and customers of Global eTelecom as President and a member of the Board of Directors. Now with my dual role as President and COO, myself, along with our other key management members will be able to ensure future growth with our business partners and customers and provide them with the best operational team and cutting edge services in the industry,” states Williams.

Ron Williams joined Global eTelecom as President in April 2002, and was elected to serve on the Board of Directors in March 2003. Immediately prior to joining Global eTelecom, Ron Williams was founder and President of EZ-Check, a payment guarantee company. An electronic payment processing industry veteran with over 20 years experience, Williams has brought tremendous management insight and practical wisdom in guiding Global eTelecom in the rapidly exploding Electronic Check Conversion industry. Combined with CEO John H. Beebe, Williams’ vision and direction has been a key force behind the operational efficiencies and recent evolution of Global eTelecom’s product offerings and increased customer service and satisfaction.

About Global eTelecom, Inc.:
Providing TOTAL Check Solutions. Global eTelecom provides it's proprietary, fully customizable XML based electronic check processing services to a nationwide network of banks, independent sales agents and associations, credit card processors, insurance companies, and retail merchants, ranging in size from small "Mom &Pop" stores to national retail chains. Global eTelecom's Electronic Check Services include: Electronic Check Conversion (Point-of-Purchase), Electronic Mail Order / Telephone Order Checks (MOTO), ARC Lockbox Conversion, Electronic Recurring Debit, Electronic Represented Check Collection (RCK), Electronic Check Image Capture, and Secure Web Based Check Image Retrieval. Global eTelecom’s proprietary electronic check services are Licensed Under U.S. Patents: 5,484,988; 6,164,528; 6,283,366; and 6,354,491 from LML Payment Systems. More information on Global eTelecom can be found on the company's website at www.globaletelecom.com

Contacts:

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