Globalpaynet Holdings Announces Passing of Valued Founding Shareholder

/ Source: GlobeNewswire

SEATTLE, Jan. 6, 2011 (GLOBE NEWSWIRE) -- Globalpaynet Holdings Inc., announces with immense regret and sorrow, that we would like to inform our fellow shareholders of the sudden passing of His Imperial Highness Prince Alireza Pahlavi on January 4th, 2011. Prince Alireza was a long standing shareholder and supporter of our Company and we will miss his presence and enthusiasm greatly. The Company also wishes to extend its deepest condolences to Prince Alireza Pahlavi's immediate and extended family.

Alain Ghiai, CEO of Globalpaynet Holdings Inc. commented: "Prince Alireza has been an early supporter of the Company and a continuing inspiration and enthusiast to the path we are taking with our Securus® ventures. I personally spoke with him no later than December 14th and exchanged new year greetings on January 1st, 2011 over text messages. We discussed company business during 2010 and plans for early 2011. He was a very dear and loyal friend of mine and I shall miss him tremendously. He can be counted as one of the founding shareholders of our Company."

About Globalpaynet Holdings Inc.:

Globalpaynet Holdings Inc. ("the Company") is an information technology company that intends to be active in the management of electronic data, particularly in the areas of electronic payment transactions processing (ePayments). The Company was incorporated in Nevada, USA and has offices in Seattle, WA. Its wholly owned subsidiary, Globus Payments Ltd., is based in Vancouver, Canada.

Safe Harbor Statement :

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.

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CONTACT: Alain Ghiai