Greenbank Capital Inc.CSE: GBC

GlobeeCom International Inc. Implements Itself in Europe Through a Master Distribution Agreement with the French Company Inersis

· Issued by Greenbank Capital Inc.
TROIS-RIVIERES, June 14 /CNW Telbec/ - GlobeeCom International Inc. (TSX
Venture: GBC) is proud to announce the conclusion of a master distribution
agreement with the French company Inersis.
Inersis is a company specializing in computer networking,
telecommunications, integration and skills. The company focuses its know-how
mainly on consulting, support, coordination and implementation of solutions
for its European clientele. The management team enjoys a very high notoriety
in the European telecommunications domain. Its professionalism, its customer
approach and follow-up methods set it apart from the competition.
Additionally, Inersis has long-standing decision-making relationships with
many of its clients, which accounts for its ongoing success.
The present agreement stipulates that through its distribution network in
France, Belgium and French-speaking Africa, Inersis will be able to promote
market, integrate and support the technological solutions made available by
GlobeeCom, including GlobeMeeting(R), service suppliers and commercial
clients. This territorial agreement could generate a recurrent income of some
2 million Euros for GlobeeCom International over the coming three years,
breaking down into 500 000 Euros in the first year and 780 000 Euros in each
of the two subsequent years.
Erick Caron, President and CEO of GlobeeCom International Inc., greeted
the news with the following statement: "This new master distribution agreement
with Inersis is part of the GlobeeCom growth strategy designed to extend the
market reach of its GlobeMeeting(R) technology."
For his part, Daniel Cailloce, Director of Inersis, declared: "The
decision to set up a partnership with GlobeeCom is an essential element in our
strategic coaching and monitoring approach, associated with the offer of
services developed by Inersis. Henceforth, GlobeMeeting(R) will allow us to
provide an on-line voice and video communication tool for use over IP
networks, where users will be able to meet in real time, exchange ideas, and
share information, in a setting that offers all the conventional aspects of a
collaborative meeting."

About GlobeeCom

GlobeeCom International Inc. is a company specialized in the development
of on-line software solutions. Its mission: to market technological solutions
in order to optimize organizational communication logistics over IP networks.
Established on both North American and European markets, GlobeeCom is
positioning itself as a strategic partner and service provider.
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.
%SEDAR: 00016857

Company analysis