GlobeeCom International Inc. announces the second and last closing of a private placement

TROIS-RIVIERES, Jan. 31 /CNW Telbec/ - GLOBEECOM INTERNATIONAL INC.
("GlobeeCom" or the "Company") (TSX Venture Exchange: GBC) announces that it
completed a second and last closing of a private placement, announced on
January 3, 2006, of a maximum of 2,502,222 units, at a price of $0.18 per
unit, each unit being composed of one (1) Common Share and one (1) Warrant;
each such Warrant may be converted into one (1) Common Share of the Company,
at a price of $0.18 per share, for a period of two years after their
respective issue. At such second closing, a total number of 833,333 units were
issued for a total amount of $150,000. SociDetDe Innovatech QuDebec et ChaudiGere-
Appalaches, an insider of the Company, subscribed for a total amount of
$100,000 in units. These securities can not be sold or otherwise transferred
before June 1st, 2006, except without the prior written approval of the TSX
Venture Exchange.
Further to this last closing, the number of Common Shares increased to
19,855,913 Common Shares and 833,333 Warrants were added to those already
outstanding.

ABOUT GLOBEECOM INTERNATIONAL INC.

GlobeeCom International Inc. is a company specialized in the development
of on-line software solutions. It positions itself at a point of market
convergence between the PC and the new generations of fixed and cellular
telephony, thanks, amongst other things, to its GlobeMeeting(R) technology.
Its mission is to promote and market technological solutions with a view
to optimizing organizational and institutional communication logistics, using
an IP network. Its technologies mean that it can make use of clients'
bandwidths and help them minimize their operating costs by providing a
communications technology that will soon become the automatic choice when
replacing standard PSTN.

The prospective declarations contained in this release are associated
with known and unknown risks, uncertainties and other factors that may
translate into a significant difference between the results, performance and
actual achievements of the Company and the future results, performance or
achievements expressed or implied by these prospective facts.

The TSX Venture Exchange Inc. accepts no liability as to the relevance or
accuracy of the present press release.
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