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Wednesday February 11, 9:36 am ET
GlobalNet Begins Distribution Through One of the Largest International Retail Chains


CHICAGO--(BUSINESS WIRE)--Feb. 11, 2004--GlobalNet Corporation (OTCBB:GLBT - News)continues to expand its retail operations with its signing of an exclusive agreement for distribution throughout the United States of its prepaid calling cards. The phone cards will be distributed through one of the largest international retail chains.
Under the agreement, GlobalNet will be the exclusive network provider for this distribution with a product rollout to over 1,000 stores. The retail chain is to start selling the cards to the public through special racks in key store locations by the end of the month.

"We are thrilled to have been selected to provide prepaid phone services to one of the largest retail chains. The cards have been selling on a regional basis with successful results leading to this mass roll-out," said David Propis, president of GlobalNet.

About GlobalNet Corporation

GlobalNet Corporation, formerly known as iDial Networks, Inc., is one of the top ten U.S. service providers of outbound traffic to Latin America and counts among its customers more than 30 Tier 1 and Tier 2 carriers. GlobalNet provides international voice, data, fax and Internet services on a wholesale and retail basis over a private IP network to carriers and other communication service providers in the United States and internationally. GlobalNet's state-of-the-art IP network, utilizing the convergence of voice and data networking, offers customers economical pricing, global reach and an intelligent platform that guarantees fast delivery of value-added services and applications. More information may be obtained from our website at http://www.gbne.net.