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Voiceglo Confirms Vision for the Future of Computer-Based Communications; Recently Announced Integrated IM Platform Gains Momentum

Posted on: Wednesday, 15 December 2004, 09:00 CST

Voiceglo (OTCBB:TGLO), a global communications and networking company, recently announced GloConnect, a revolutionary application that consolidates instant messaging platforms and transforms instant messengers into Web-based telephones. In less than a month, the company is benefiting from the market potential for the forward-looking technology. Voiceglo is the first company to develop an application that unites all IM networks while allowing users to continue using the same instant messaging interface with which they are most comfortable and familiar with.

Since launch on November 30, 2004, Voiceglo has received interest from thousands of IM users in the world and Beta users are currently providing feedback on the application. In addition to the response from global IM computer users, Voiceglo has heard from the media and industry analysts alike regarding the potential of GloConnect enhancing online communications worldwide. Vamsi Sistla, director of broadband research at ABI Research said, "Unexpected as it might seem, there is a lot of logic in a large IM company buying a VoIP business." Sistla predicts that the larger IM companies would gain instant entry into a new market with tremendous growth potential and the smaller VoIP provider would enjoy vastly increased resources, credibility and a huge existing customer base. With such a merger, Sistla indicated that emerging VoIP providers would be able to compete more effectively against the cable and traditional telcos looking at VoIP revenue.

"Voiceglo saw the logical synergies between the IM and VoIP platforms and the tremendous opportunities in integrating the two together. We developed the GloConnect application for just these reasons and to position Voiceglo ahead of the other VoIP providers," said Ed Cespedes, president of Voiceglo. "GloConnect is our latest effort that will keep Voiceglo at the forefront of not only VoIP, but also computer-based communications technology that allows users to create and expand their personal networks around the world."

The revolutionary new GloConnect application uses Voiceglo's proprietary Web- and PC-based GloPhone platform to consolidate the four most popular instant messaging platforms available today - AOL's AIM, MSN's Messenger, Yahoo's Messenger and ICQ - and enables more than 600 million instant messenger users to text message, voice message and phone each other across platforms. Voiceglo is the first company to develop an application that unites all instant messenger networks while allowing users to continue using the same interface they are most comfortable and familiar with.

For more information on GloConnect or to download the application for use with any instant messenger platform and become a part of the beta testing group, please visit http://www.gloconnect.com.

About Voiceglo

Headquartered in Fort Lauderdale, Fla., Voiceglo (OTCBB:TGLO) is a global communications and networking company. A subsidiary of theglobe.com, Voiceglo (http://www.voiceglo.com) provides award-winning communications services to millions of customers worldwide via broadband or dial-up connection. Voiceglo's strategy is to provide easy access to Internet phone services for consumers and businesses worldwide to make local, long distance and international calls at rates lower than traditional telecommunications companies. Voiceglo's products include the GloPhone (http://www.glophone.com), a Web and PC-based phone that enables users to make calls while online; GloPBX, a next-generation wireless communications system that turns wireless routers into virtual PBX systems; and GloConnect (http://www.gloconnect.com), a new overlay application that interacts with Web messengers and allows instant messaging (IM) users to communicate across all IM platforms using advanced IM, e-mail and voice functions.

Safe Harbor - This press release includes forward-looking statements related to theglobe.com, inc. that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates (particularly as they pertain to our Voiceglo services), the Internet, development and protection of technology, the management of growth, market acceptance of our Voiceglo VoIP products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet and the provision of telephony services using the Internet) and other risks. These forward-looking statements are made in reliance on the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Registration Statement, as amended, on Form SB-2 and our Quarterly Report on Form 10-QSB for the quarter ended September 30, 2004. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.

Source: Business Wire

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